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    62 Wellesley Street W

    Queens Park Place
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    1for Sale
    0for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    18
    Number of Units:
    101
    Condo Completion:
    1981
    Condo Demand:
    High
    Unit Size Range:
    1,144 - 2,084 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Queens Park Place

    Receive listing updates for Bay Street Corridor

    Amenities

    Rooftop Deck
    Squash Court
    Indoor Pool
    Gym Room
    Concierge
    Party Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 62 Wellesley Street WQueens Park Place

    Anyone who’s seeking a Toronto condo for sale should consider Queens Park Place at 62 Wellesley Street W. Greenwin Ltd. completed this building back in 1981, but unlike other buildings of that age, maintenance fees are higher than average at $0.79 per-square-foot. The 18-storey building is home to 101 suites with units ranging between 1144 and 2084 square feet.

    This condo is very conveniently located, with a well above average Walk Score of 99 and a high demand ranking, based on Strata.ca’s analytics. Maintenance fees are $0.79 per-square-foot, which is lower than the neighbourhood average of $0.89 per-square-foot.

    The Suites

    The average cost per-square-foot for a unit at 62 Wellesley Street W is $766 based on the past 12 months of sales, which places it in the bottom 25% for cost PSF in the area.

    The Neighbourhood

    Those who call this condo home never have to travel far for dining out, as Pizza Nova, The Wickson Social and Coach House Restaurant are all within 6 minutes walking distance from 62 Wellesley Street W. Breakfast is the most important meal of the day for one reason: coffee. Thankfully, there are some cozy cafes close by, such as Tim Hortons, Second Cup and Coffee Island.

    Grocery pick-ups are made easy thanks to Rabba Fine Foods and Galleria Supermarket Express (Wellesley) within a 9-minute walk.

    Queens Park Place is a great choice for residents who are money conscious — with banks like RBC Royal Bank nearby.

    Getting some fresh air is a breeze when you live at 62 Wellesley Street W because excellent green spaces like Bay Street Bioswale and Breadalbane Park are walkable in under 4 minutes.

    Those who love to shop will appreciate all the options nearby with Terry's Hair 384 YONGE #63, Ins Market and yorkdale just 14 minutes from here.

    Art and culture seekers can enjoy amazing attractions nearby like John B. Aird Gallery, Ontario Arts-Provincial Programs and Vitavie Gallery, less than 7 minutes walking distance from here. Cineforum is just a short drive away for movie nights.

    There are plenty of nearby school choices — da Vinci School, Westside Montessori School and Kensington Community School — with more in neighbouring areas so you can find the best school for your child’s needs.

    Transportation

    With a 99 walk score, public transit users can reach the nearest light transit stop at Wellesley St West At Bay St in just minutes. Wellesley station is only 8 minutes walking distance from the building.

    If you’re interested in checking out other similar condos within walking distance, you might like 955 Bay Street, 57 St Joseph Street and 909 Bay Street.

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    Explore Neighbourhood

    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!

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    15,057
    Average Individual Income
    $63,504
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $103,909
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    20%
    50 - 64
    18%
    65+
    16%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    9%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    45%
    Semi Detached
    23%
    Detached
    21%
    Low Rise Apartment
    6%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    13%
    Cantonese
    7%
    Tagalog
    2%
    Telugu
    1%
    Arabic
    1%
    Hindi
    1%
    Spanish
    1%
    Education
    University and Above
    46%
    High School
    20%
    College
    15%
    None
    12%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    10%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Maintenance Fees

    Queens Park Place vs The Bay Street Corridor Area

    Days on Strata

    Units at Queens Park Place spend an average of
    5
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    12%
    above
    the list price.

    Offer Competition

    Condos in this building have a
    HIGH
    chance of receiving
    Multiple Offers
    compared to other buildings in Bay Street Corridor

    Turnover of Units

    On average, each unit is owned for
    20
    YEARS before being sold again

    Property Value

    -21%
    Decrease in property value within the past twelve months

    Price Ranking

    31st
    Highest price per SQFT out of 41 condos in the Bay Street Corridor area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    3
    Units were Rented over the past twelve months

    Best Value Rank

    Queens Park Place offers the
    ?
    best value out of 41 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Queens Park Place has the
    ?
    highest ROI out of 41 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    Queens Park Place yields the
    ?
    highest rent prices out of 41 condos in the Bay Street Corridor neighbourhood

    High Demand

    Queens Park Place is the
    ?
    most popular building out of 41 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 62 Wellesley Street W

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$745,000 - $925,000No DataNo Data$1,176,250No DataNo Data
    Avg. Cost Per Sqft$646No DataNo Data$631No DataNo Data
    Avg. Wait for Unit Availability1651 Days1378 Days343 Days295 Days577 DaysNo Data
    Ratio of Units in Building6%14%32%35%7%7%

    Unit Sales vs Inventory

    Total number of units listed and sold in Bay Street Corridor