225 Wellesley St EUnit 704
1Bed
1Bath
600SQFT
SOLD
Sold for $499,000
600SQFT
225 Wellesley St EUnit 704
SOLD
Sold for $499,000
1Bed
1Bath
600SQFT
Walk Score
95
Transit Score
93
Bike Score
74
© MapTiler © OpenStreetMap
0
CONDO Demand
high
Unit Availability
Average
Property Type
Condo
Developer
Willowfield Homes
Condo Completion
2009
Property Management
Taft Forward Property Management Group
Unit Size Range
520 - 1000 SQFT
Number of Units
184
Number of Storeys
12
List Price
$499,000
Sold per SQFT for
$832/sqft
Total Days on Market
19
Maintenance
$474/mth
Taxes
$1,705
Property Type
Condo
CONDO Demand
high
Unit Availability
Average
Locker
Yes
Parking
Yes
Outdoor Space
Juliet
Exposure
West

225 Wellesley St E | Unit #704 at The Star of Downtown

Listing Summary

SOLD! Unit #704 at 225 Wellesley St E sold for the full list price on the 1st of July, 2021, with 19 days on market. if you have any questions about this unit or building!

About the Property

The Star Of Downtown! Great Opportunity To Get Into The Toronto Market! Stunning 594 Sq Foot 1 Bedroom In Cabbagetown!, Great Layout! Large Bedroom! Balcony! Parking And A Locker! Tight Knit Building Community! 24 Hr Concierge Incredible Roof Top Terrace With Great Views Of The City! Gym, Sauna, Rec Room, Visitor Parking! Everything At Your Doorstep!!

Extras

Fridge, Stove, Washer, Dryers, All Electrical Light Fixtures, All Window Coverings

Brokerage: re/max crossroads realty inc., brokerageMLS® #C5271569

Market Temperature
Buyer's Market
Balanced
Seller's Market

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Monday
20
September
Tuesday
21
September
Wednesday
22
September

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Travel Times

Room Dimensions

AreaFeet | MetersDetails
Living15.32 x 13.85ftLaminate, Combined with Dining, West View
Dining15.32 x 13.85ftLaminate, Large Window, Juliette Balcony
Kitchen9.51 x 8.01ftCeramic Floor, Granite Counter, Modern Kitchen
Master12.83 x 9.15ftLaminate, Closet, West View

Maintenance Fees Cover

Maintenance Fees Include

Heat
Air Conditioning
Water
Parking
Building Insurance

Owner Pays Separately

Hydro

Amenities

Recreation Room
Party/Meeting Room
Security System
Gym
Concierge
Business Centre
Visitor Parking
BBQ
Underground Parking
Rooftop Deck/Garden
Media Room
Sauna

Listing History for Unit 704

Stats, Trends & Rankings

Price Per Square Foot
The Star of Downtown vs The Cabbagetown Area

$8.00
Less Expensive
per SQFT compared to the neighbourhood average
The Star of Downtown's Avg
price per SQFT
$818
/ SQFT
Neighbourhood Avg
price per SQFT
$826
/ SQFT

Building Trends At The Star of Downtown

Days on Market

Units at The Star of Downtown spend an average of
12
Days on Market
based on recent sales

List vs Selling Price

On average, these condos sell for
2%
above
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
5.6
YEARS before being sold again

Property Value

0%
Decrease in property value within the past twelve months

Price Ranking

7th
Highest price per SQFT out of 29 condos in the Cabbagetown area

Sold Units

14
Units were Sold over the past twelve months

Rented Units

8
Units were Rented over the past twelve months

Best Value

The Star of Downtown offers the
?
best value out of 29 condos in the Cabbagetown neighbourhood

Return on Investment

The Star of Downtown has the
?
highest ROI out of 29 condos in the Cabbagetown neighbourhood

Rental Yield

The Star of Downtown yields the
?
highest rent prices out of 29 condos in the Cabbagetown neighbourhood

High Demand

The Star of Downtown is the
?
most popular building out of 29 condos in the Cabbagetown neighbourhood

Sales vs Rental Values For This Condo

1 Bed600 - 690 SQFT
Average Cost Per Sqft$777
Sales Price Range$499,000 - $500,000
Rental Price Range
N/A
1 Bed + Den655 - 700 SQFT
Average Cost Per Sqft$857
Sales Price Range$570,000 - $600,000
Rental Price Range$1,700 - $2,000
2 Bed649 - 857 SQFT
Average Cost Per Sqft$793
Sales Price Range$511,000 - $701,000
Rental Price Range$1,800 - $2,400
2 Bed + Den900 - 1000 SQFT
Average Cost Per Sqft$702
Sales Price Range$649,000 - $660,000
Rental Price Range$2,200 - $2,270

How Often Are Units Listed?

1 Bed520 - 690 SQFT
Average Sales Availability
Every318Days
Average Rental Availability
Every266Days
Ratio of Unit Type in Building15%
1 Bed + Den618 - 749 SQFT
Average Sales Availability
Every86Days
Average Rental Availability
Every238Days
Ratio of Unit Type in Building27%
2 Bed649 - 1000 SQFT
Average Sales Availability
Every58Days
Average Rental Availability
Every155Days
Ratio of Unit Type in Building46%
2 Bed + Den900 - 1000 SQFT
Average Sales Availability
Every156Days
Average Rental Availability
Every304Days
Ratio of Unit Type in Building14%

Maintenance Fees
The Star of Downtown vs The Cabbagetown Area

$0.07
More Expensive
per SQFT compared to the neighbourhood average
The Star of Downtown's Avg
monthly maintenance
fee per SQFT
$0.72
/ SQFT
Neighbourhood Avg
monthly maintenance
fee price per SQFT
$0.65
/ SQFT

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