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    Ph08 - 50 Wellesley Street E

    The Village, Downtown, Toronto
    For Rent50 at Wellesley Station Condos
    $5,000/mth
    2 Beds
    3 Bath
    1 Parking
    1,200 SQFT
    36 Days on Strata
    Est Lease Timeframe
    28 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    South West
    Locker:
    Owned
    Possession Date:
    June 1, 2024
    Lease Term:
    No Data
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    No

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Stunning City And Lake Views From This Penthouse Suite! Bright Southwest Corner Suite With Modern Finishes Throughout And 10 Ft Floor-To-Ceiling Windows Welcoming Natural Sunlight Throughout The Day. Over 1200 Square Feet Of Living Space and an Expansive 350 Sf Balcony Featuring Breathtaking Views Of the Toronto Skyline! Practical Wide Living And Dining Area And A Sleek Modern Kitchen With Stainless Steel Appliances and Quartz Countertops. Beautiful hardwood flooring throughout the entire unit. Two Spacious Bedrooms and 2.5 Bathrooms. Both bedrooms feature ensuite bathrooms, walk-in closets, and stunning city views. Parking and locker included! Automated blinds in all rooms. A truly breathtaking, one of a kind suite! Short Walk To Yonge/Bay/Bloor/Yorkville With Easy Access To Subways, U Of T, Ryerson & Dvp. Just Steps To Wellesley Subway. First Class Amenities such as Outdoor Pool, Lounge Area, Fully Equipped Fitness Room, 24 Hr Concierge, Party Room and more!

    cloud realtyMLS® #C8187028

    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
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    4.8
    YEARS before being sold again

    Property 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 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$577,000 - $640,800$752,000No DataNo DataNo Data
    Avg. Cost Per Sqft$1,499$1,273No DataNo DataNo Data
    Avg. Wait for Unit Availability102 Days87 Days43 DaysNo DataNo Data
    Ratio of Units in Building17%44%39%1%1%

    Maintenance Fees

    50 at Wellesley Station Condos vs The Village Area

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