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    Toronto / Bay Street Corridor

    5305 - 11 Wellesley St W

    $4,0802 bds2 ba1 pk800 - 899 sqft
    For Rent
    Wellesley On The Park Condos3.5
    Just Listed
    Est Lease Timeframe:
    18 Days
    $4,080/mth
    2 Beds + 1
    2 Bath
    1 Parking
    800 - 899 SQFT

    Listing History

    Details

    Property Type:

    Condo

    Possession Date:

    Immediately

    Lease Term:

    1 Year

    Utilities Included:

    No

    Outdoor Space:

    Balcony

    Furnished:

    No

    Exposure:

    South West

    Locker:

    Owned

    Amenities

    Sauna
    Games Room
    Media Room
    Guest Suites
    Indoor Pool
    Party Room
    Gym
    Business Centre
    Concierge
    Bike Storage

    About this Listing

    * Luxurious Condo "Wellesley On The Park" South West Corner Unit * Wrap Around Balcony * Unobstructed City & Lake View * Walking Distance To U Of T & Toronto Metropolitan University * Steps to TTC & Subway Station * Close To All Amenities: Restaurants, Shops, Yorkville Shopping District * 24 Hrs Concierge * No Pet & No Smoking In Unit * Tenant Pays Water, Hydro, Own Utilities & Obtain Liabilities Insurance *

    ExtrasPanelled Fridge & Dishwasher, S/S Range Hood, Oven & Microwave, Ceiling Mounted Lightings In Kitchen, Washer & Dryer.

    tradeworld realty incMLS® #C12101214

    Fees & Utilities

    Utilities Included

    Rent Includes
    Heat
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Air Conditioning
    Water

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Living

    Laminate, Combined with Dining, Windows Floor to Ceiling

    16.67 x 11.52ft

    Dining

    Laminate, Combined with Living, Windows Floor to Ceiling

    0 x 0ft

    Kitchen

    Laminate, Granite Counter, Backsplash

    8.92 x 8.17ft

    Primary

    Laminate, 4 Piece Ensuite, Mirrored Closet

    10.99 x 10.83ft

    2nd Bedroom

    Laminate, Closet, Window

    9.25 x 8.99ft

    Den

    Laminate, Open Concept, Walkout To Balcony

    11.52 x 10.83ft
    Renter's Market
    Balanced
    Landlord's Market

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    9/10
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    9/10
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    7/10
    Bikeability
    The bike lane starts to feel like a second home.

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    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%

    Building Trends At Wellesley On The Park Condos

    Days on Strata

    Units at Wellesley On The Park Condos spend an average of
    40
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    5.1
    YEARS before being sold again

    Property Value

    -12%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 45 condos in the Bay Street Corridor area

    Sold Units

    14
    Units were Sold over the past twelve months

    Rented Units

    201
    Units were Rented over the past twelve months

    Best Value Rank

    Wellesley On The Park Condos offers the
    ?
    best value out of 45 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Wellesley On The Park Condos has the
    ?
    highest ROI out of 45 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    Wellesley On The Park Condos yields the
    ?
    highest rent prices out of 45 condos in the Bay Street Corridor neighbourhood

    High Demand

    Wellesley On The Park Condos is the
    ?
    most popular building out of 45 condos in the Bay Street Corridor neighbourhood

    Market Insights

    Transaction Insights at Wellesley On The Park Condos

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$1,800 - $2,450$2,000 - $2,780$2,270 - $3,100$1,600 - $4,350$3,200 - $4,100$3,800 - $5,100
    Avg. Wait for Unit Availability8 Days9 Days5 Days11 Days32 Days42 Days
    Ratio of Units in Building18%19%40%14%6%5%

    Market Inventory

    Total number of units listed and leased in Bay Street Corridor