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1606 - 50 Wellesley Street E
For Sale50 at Wellesley Station CondosEst Sell Timeframe 16 Days
$848,000
Price Cut: $898,000
2 Beds
2 Bath
0 Parking
743 SQFT
44 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Cost Per Sqft:
$1,141/sqft
Maintenance Fees:
$466/mth
Taxes:
$3,362 (2024)
Locker:
None
Outdoor Space:
Balcony
Exposure:
East
Possession Date:
May 1, 2024
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Building Maintenance
Building Insurance
Excluded
Hydro
Heat
Air Conditioning
Water
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
- Ensuite Laundry
- Yes
Room Dimensions
Living
Laminate, Walkout To Balcony
10.4 x 9.74ft
Dining
Laminate, Combined with Kitchen
12.34 x 11.32ft
Kitchen
Laminate, Stainless Steel Appliances, Quartz Counter
12.34 x 11.32ft
About this Listing
Location Location Location, 2 Minute Walk To Wellesley Subway Station In Downtown Core, Large Balcony W/A Beautiful View Facing Paul Kane Park, 9 Ft Ceiling, Floor To Ceiling Windows Allows Abundance Sunlight, 743 Sqft Spacious Unit W/ Designer Open Concept Kitchen W/Quartz Counter, Stainless Steel Kitchen Appliances, Laminate Floor, Walk To Public Transit, U Of T, Hospitals, Financial District, Eaton Centre, Entertainment District, Shops & Restaurants, Walkers Paradise & Everything At Your Door Steps.
ExtrasStainless Steel Fridge, Stove, Range Hood/Microwave Combo, Dishwasher, Washer And Dryer, All Existing Light Fixtures&Window Coverings.
aimhome realty inc.MLS® #C8156950
Amenities
Games Room
Concierge
Party Room
Outdoor Pool
Gym Room
Guest Suites
Nearby Amenities
9/10
Walkability
Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
9/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
7/10
Bikeability
Your bike's the trusty steed in this urban jungle — giddy up!
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
10,008
Average Individual Income
$65,836
Average Household Size
3 persons
Average Age
46
Average Household Income
$109,948
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
38%
High Rise Apartment
25%
Semi Detached
22%
Low Rise Apartment
9%
Duplex
4%
Marital Status
Commute
Languages (Primary Language)
Other
71%
Mandarin
14%
Cantonese
10%
Arabic
1%
Tagalog
1%
Spanish
1%
Urdu
1%
Tamil
1%
Education
University and Above
39%
High School
22%
None
16%
College
15%
Apprenticeship
3%
University Below Batchelor
2%
Major Field of Study
Business Management
25%
Architecture & Engineering
22%
Health & Related Fields
11%
Social Sciences
11%
Math & Computer Sciences
8%
Humanities
6%
Physical Sciences
4%
Education
3%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Agriculture & Natural Resources
1%
Price Trends
Building Trends At 50 at Wellesley Station Condos
Days on Strata
Units at 50 at Wellesley Station Condos spend an average of
28
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
4.8
YEARS before being sold againProperty Value
12%
Increase in property value within the past twelve months
Price Ranking
1st
Highest price per SQFT out of 32 condos in The Village area
Sold Units
6
Units were Sold over the past twelve months
Rented Units
81
Units were Rented over the past twelve months
Best Value Rank
50 at Wellesley Station Condos offers the best value out of 32 condos in neighbourhood
?
Appreciation Rank
50 at Wellesley Station Condos has the highest ROI out of 32 condos in neighbourhood
?
Rental Yield
50 at Wellesley Station Condos yields the highest rent prices out of 32 condos in neighbourhood
?
High Demand
50 at Wellesley Station Condos is the most popular building out of 32 condos in neighbourhood
?
Transaction Insights at 50 Wellesley Street E
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|
| Price Range | $577,000 - $640,800 | $752,000 | No Data | No Data | No Data |
| Avg. Cost Per Sqft | $1,499 | $1,273 | No Data | No Data | No Data |
| Price Range | $2,100 - $2,600 | $2,400 - $3,300 | $2,850 - $4,000 | No Data | No Data |
| Avg. Wait for Unit Availability | 102 Days | 87 Days | 43 Days | No Data | No Data |
| Avg. Wait for Unit Availability | 16 Days | 8 Days | 8 Days | No Data | No Data |
| Ratio of Units in Building | 17% | 44% | 39% | 1% | 1% |
Maintenance Fees
50 at Wellesley Station Condos vs The Village Area
