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    Toronto / Downtown / Church - Toronto

    2707 - 50 Wellesley St E

    For Sale50 at Wellesley Station Condos
    $629,000
    1 Bed + 1
    1 Bath
    0 Parking
    500 - 599 SQFT
    8 Days on Strata
    Est Sell Timeframe
    15 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $402/mth
    Taxes:
    $2,818 (2024)
    Cost Per Sqft:
    $1,050 - $1,258/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    To Be Determined
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Air Conditioning
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Bedroom
    Closet, Laminate
    11.75 x 8.76ft
    Den
    Laminate
    8.6 x 8.92ft
    Kitchen
    Combined with Living, Laminate
    19.98 x 10.01ft

    About this Listing

    Motivated Seller! Incredible Downtown Location. Just Minutes to Wellesley Station, U of T, TMU, Eaton Centre and More! Bright 1+1 Unit with Unobstructed East View and a Spacious Balcony. Walk Score of 99. A Walker's Paradise! Enjoy Fantastic Amenities: Gym, Outdoor Patio, 24-Hr Concierge, and More. Perfect for First-Time Buyers or Investors. Don't Miss Out!

    ExtrasS/S Appliances and In-suite laundry

    right at home realtyMLS® #C11938959

    Amenities

    Concierge
    Outdoor Pool
    Party Room
    Games Room
    Guest Suites
    Gym Room

    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 Listings

    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
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    19%
    50 - 64
    20%
    65+
    19%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    22%
    $60,000+
    13%
    $90,000+
    8%
    $125,000+
    4%
    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

    Maintenance Fees

    50 at Wellesley Station Condos vs The Church - Toronto Area

    Building Trends At 50 at Wellesley Station Condos

    Days on Strata

    Units at 50 at Wellesley Station Condos spend an average of
    20
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Church - Toronto

    Turnover of Units

    On average, each unit is owned for
    5.3
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    9th
    Highest price per SQFT out of 91 condos in the Church - Toronto area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    107
    Units were Rented over the past twelve months

    Best Value Rank

    50 at Wellesley Station Condos offers the
    ?
    best value out of 91 condos in the Church - Toronto neighbourhood

    Appreciation Rank

    50 at Wellesley Station Condos has the
    ?
    highest ROI out of 91 condos in the Church - Toronto neighbourhood

    Rental Yield

    50 at Wellesley Station Condos yields the
    ?
    highest rent prices out of 91 condos in the Church - Toronto neighbourhood

    High Demand

    50 at Wellesley Station Condos is the
    ?
    most popular building out of 91 condos in the Church - Toronto neighbourhood

    Transaction Insights at 50 Wellesley Street E

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$565,000 - $640,800$615,000$825,000 - $855,000No DataNo Data
    Avg. Cost Per Sqft$1,455$1,240$1,167No DataNo Data
    Avg. Wait for Unit Availability105 Days99 Days61 DaysNo DataNo Data
    Ratio of Units in Building17%44%39%1%1%

    Transactions vs Inventory

    Total number of units listed and sold in Church - Toronto