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              #2309 50 Wellesley Street East

              near Yonge/Wellesley
              $699,000 1+1bdr • 1ba • 1kit • 500-599sf
              Average Income
              $56,704
              Population Age
              38 y/old
              School Score
              6.45/10
              Price Index Change 1y
              -1.40%
              Price Index Change 3y
              +16.83%
              Rent Index Change 1y
              -16.86%
              Rent Index Change 3y
              -7.16%

              Condo Apt • Apartment #2309 • 20 Level

              #2309 50 Wellesley Street East, Church-Yonge Corridor, Toronto
              • Rooms and Bathrooms 1+1 bedr, 1 bath
              • Kitchens 1
              • area 500-599
              • garage 0.0 None
              • exposure S
              • age n/a
              • locker Owned
              • possession

                Imm

              $699,000

              $2,536.75
              Tax yr: 2020

              $381.93/m

              CALCULATED NUMBERS:

              $2623.00

              calculator

              n/a

              n/a

              98 Walker's Paradise

              94 Rider's Paradise

              98 Biker's Paradise

              6.45/10

              Location Details
              • Toronto

              • Toronto

              • Church-Yonge Corridor

              • Yonge/Wellesley

              • M4Y1G2

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              RIGHT AT HOME REALTY INC., BROKERAGE

              Property Overview
              Spacious And Extremely Bright Luxury One Bedroom And Den Condo In The Heart Of Downtown! Den With Door!!! 9.28 Ft Ceiling (Pay A Premium For This Unique Feature), Freshly Paint, Massive Balcony Facing South, Steps From The Wellesley Subway Station, Close To Shops, Restaurants, Bar, U Of T And Many More Over
              Extras: Stainless Steel Appliances: Fridge, Stove, Dishwasher, Microwave, Stackable Washer/Dryer, All Window Coverings
              Rooms details
              Living
              • Main Level
              • Laminate
              • Combined W/Dining
              • Size 6.00x3.30
              Dining
              • Main Level
              • Laminate
              • Combined W/Living
              • Size 6.00x3.30
              Kitchen
              • Main Level
              • Laminate
              • Combined W/Dining
              • Size 6.00x3.30
              Master
              • Main Level
              • Laminate
              • Large Window
              • Size 3.40x2.70
              Den
              • Main Level
              • Laminate
              • Size 2.40x2.30
              Basement
              • None
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              • Listing added to site: 2021-02-20 03:30:06
              • Last updated: 2021-02-22 09:34:21
              • Photos updated: 2021-02-20
              • Contract date: 2021-02-20
              • Input date: 2021-02-20
              • Expiry date: 2021-04-21
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
              Questions?

              Have a question about 50 Wellesley Street East?

              Ask your buyer agent, or Book a Showing to visit this property.

              Yuriy Setko

              Real Estate Broker

              Right At Home Realty Investments Group Brokerage

              895 Don Mills Rd #206 B2 Toronto, Ontario M3C1W3

              English Russian Ukranian
              BOOK A FREE CONSULTATION
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              Travel Times, Streetview, Walkscore
              2309 50 Wellesley Street East Property & Location Overview Powered By AIDA
              Listing Overview

              General:

              2309 50 Wellesley Street East is a condo apt apartment, located in Church-Yonge Corridor of city of Toronto, Toronto region, near Yonge/Wellesley, and has been available for sale on CondosDirect since 2021-02-20. This unit is located at level 20 of the building and has South exposure of Wellesley E St. Condo registry office is TSCC, corporation number 2720.

              Lot Size and Living Area:

              2309 50 Wellesley Street East has 5+0 rooms in total, including 1+1 bedroms, 1 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 500-599 square feet. The locker is owned. This condo has an ensuite laundry.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:


              AIDA has also found the following features: Motivated Seller Indications, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.

              Price & Cost Overview

              General:

              2309 50 Wellesley Street East condo apt is listed for $699,000. Property tax for year 2020 was $2,537. And the monthly maintenance fee was $382.

              Comparative Market Analysis:

              There are similar 1+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $647,452.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,623, and total expenses, including the mortgage, property tax and maintenance, fee around $2,866, assuming $699,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 2309 50 Wellesley Street East, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Church-Yonge Corridor, where 50 Wellesley Street East is located, has $744,676 Home Price Index, and $2,140 Home Rent Index. Average household income at dissemination area of 50 Wellesley Street East is $56,704, and average polulation age is 38 years old.
              Average Home Price Index among 142 evaluated neighborhoods in city of Toronto is $1,069,008, and average Home Rent Index $2,526.

              Similar Properties & Community Details:

              There are similar to 2309 50 Wellesley Street East 1 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 50 Wellesley Street East.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Church-Yonge Corridor neighborhood in city of Toronto.

              Schools:

              There are at least 2 school(s) located near 50 Wellesley Street East, or schools, which boundaries this address belongs to with an average School Score 6.45 out of 10. Here are more details about these schools:
              1. Jarvis Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Average.
              2. Jesse Ketchum Junior and Senior Public School (Grades JK-08), Public, Intermediate, ranked as Good.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 98, 94, and 98 accordingly, location of 50 Wellesley Street East overall can be described as Walker's Paradise, Rider's Paradise, and Biker's Paradise.

              2309 50 Wellesley Street East Listings History Powered by AIDA
              Church-yonge Corridor, Toronto Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Toronto Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (28 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 49 to 59 properties like that to be sold in Church-Yonge Corridor during the next 30 days.
              Seasonal sales fluctuation is showing 50% inventory increase comparing to the average annual number, which is equvalent to 35.92 properties sold per month, and 23% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 8 days, which is 31 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing 44% D.O.M. increase comparing to the average annual number, which is equvalent to 26 D.O.M., and 17% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
              At what price can it be sold?
              Similar properties currently sell at 1.89% below its asking price in Church-Yonge Corridor.
              The selling to asking price ratio is declining in Church-Yonge Corridor.
              This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C5122150 Comparative Market Analysis
              2309 50 Wellesley Street East Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Church-yonge Corridor, Toronto, to the City of Toronto for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was -1.40% comparig to the City of Toronto average of +11.125%

              Price Index 3y

              Price Index change was +16.83% comparig to the City of Toronto average of +5.67%

              Rent Index 1y

              Rent Index change was -16.86% comparig to the City of Toronto average of -3.135%

              Rent Index 3y

              Rent Index change was +16.83% comparig to the City of Toronto average of +5.67%

              Walkscore

              Walkscore 98 out of 100 means Walker's Paradise

              Transitscore

              Transitscore 94 out of 100 means Rider's Paradise

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 6.45 out of maximum 10 points

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

              $11,100 Cashback
              $739,900
              1+1br 1ba 600-699sf

              Prop Tax

              $3,631

              Maint.

              $643

              Exposure

              S

              Mortg/m

              $ calculator

              WalkScore

              33

              Compare n/a

              $10,500 Cashback
              $699,900
              1+1br 1ba 600-699sf

              Prop Tax

              $1,277

              Maint.

              $477

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              97

              Compare n/a

              $8,500 Cashback
              $569,800
              1br 1ba 500-599sf

              Prop Tax

              $1,853

              Maint.

              $321

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              96

              Compare n/a

              $9,400 Cashback
              $629,000
              1+1br 1ba 600-699sf

              Prop Tax

              $2,449

              Maint.

              $650

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              84

              Compare n/a

              $9,300 Cashback
              $619,000
              1br 1ba 600-699sf

              Prop Tax

              $2,317

              Maint.

              $436

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              71

              Compare n/a

              $9,000 Cashback
              $599,000
              1+1br 1ba 500-599sf

              Prop Tax

              $2,740

              Maint.

              $471

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              94

              Compare n/a

              $10,400 Cashback
              $690,000
              1+1br 1ba 600-699sf

              Prop Tax

              $2,548

              Maint.

              $398

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              96

              Compare n/a

              $10,300 Cashback
              $683,500
              1+1br 2ba 900-999sf

              Prop Tax

              $2,554

              Maint.

              $680

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              96

              Compare n/a

              $9,100 Cashback
              $609,900
              1br 1ba 0-499sf

              Prop Tax

              $n/a

              Maint.

              $297

              Exposure

              Sw

              Mortg/m

              $ calculator

              WalkScore

              96

              Compare n/a

              $8,800 Cashback
              $589,000
              1br 1ba 500-599sf

              Prop Tax

              $1,775

              Maint.

              $344

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              84

              Compare n/a

              $10,300 Cashback
              $689,900
              1+1br 1ba 600-699sf

              Prop Tax

              $2,003

              Maint.

              $431

              Exposure

              Sw

              Mortg/m

              $ calculator

              WalkScore

              77

              Compare n/a

              $8,500 Cashback
              $569,000
              1br 1ba 500-599sf

              Prop Tax

              $1,655

              Maint.

              $529

              Exposure

              Nw

              Mortg/m

              $ calculator

              WalkScore

              50

              Compare n/a