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    24 Wellesley Street W

    The Century Plaza
    6for Sale
    6for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    29
    Number of Units:
    349
    Condo Completion:
    1991
    Condo Demand:
    High
    Unit Size Range:
    471 - 2,250 SQFT
    Unit Availability:
    Medium

    Listing History for The Century Plaza

    Receive listing updates for Bay Street Corridor

    Amenities

    Rooftop Deck
    Visitor Parking
    Sauna
    Indoor Parking
    Gym Room
    Concierge

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 24 Wellesley Street WThe Century Plaza

    Situated at 24 Wellesley St W in the bustling Bay Street Corridor, The Century Plaza is a 29-storey building housing 349 downtown Toronto condos. This building was completed in 1991 and has served as a desirable residence ever since; offering units which are more affordable than other buildings in the area and a list of amenities that holds up against newer developments.

    Residents of Century Plaza enjoy luxurious extras like a rooftop patio with outdoor jacuzzi, indoor jacuzzi, full fitness centre, sauna, library, party room, concierge, and parking garage. There are also retail stores on the ground floor, including a Rabba Fine Food for any grocery pick-ups.

    Bay St condos for sale in this building are a great choice for first-time home buyers, young professionals, and empty nesters; with a condo at this location you're immersed in an exciting community, minutes from Queen’s Park, the Eaton Centre, and Bloor Street. Those who work in downtown Toronto have virtually no commute.

    The Suites

    Suites at The Century Plaza are spacious and bright — thanks to floor to ceiling windows. Units are based on a variety of layouts for studio, 1 bedroom + den, 2 bedroom, and 2 bedroom + den condos; suite sizes range from 464 square feet to over 2300 for a penthouse.

    Prospective buyers can expect open concept layouts, hardwood floors, updated kitchens, stackable laundry, large bedrooms and dens, and some units feature terraces. As is often the case with older buildings, some units have seen more upgrading than others, so finishes may vary from unit to unit.

    When you’re not enjoying the rooftop jacuzzi or a workout with stunning city views — you have an exciting community right outside your door, with endless entertainment opportunities, great cafes and restaurants, plus some of the most convenient TTC service in the city.

    The Neighbourhood

    The Bay Street Corridor might be the busiest neighbourhood in all of Toronto; this area sees a lot of traffic from both pedestrians and vehicles — that could cause some potential buyers to be turned away, so before you commit to a condo at The Century Plaza, you’ll want to be sure that you can handle such a fast-paced community.

    If excitement is what you crave, you’ll find it here. From your condo at 24 Wellesley St W you are less than a 15 minute walk from Yonge-Dundas Square for events or movies, the famed Massey Hall and the Phoenix Concert Theatres are close-by for shows, and Yonge Street is packed with clubs and pubs with something to suit every taste — there also several pubs closer to home as well.

    The Bay Street Corridor has some excellent restaurants, many of which are only a five minute walk from The Century Plaza; there’s Not Just Noodles for Asian Cuisine, Holy Chuck for burgers, Pizzaiolo Gourmet Pizza for a slice, The Wickson Social for shared plates, and Como En Casa for Mexican. There are also quick grab options like McDonald's, Subway, and Tim Hortons.

    If you need some nature in your life you may be surprised by how many green spaces are in the area; there’s Paul Kane House Parkette to the east, East of Bay Park to the south, and James Canning Gardens to the north. Although, you’ll likely want to spend your time at Queen’s Park which is just a few blocks west, home to tree-shrouded paths, statues, gardens, and acres of green grass.

    Transportation

    24 Wellesley has a walk score of 98, making this an ideal location for residents who prefer to run errands on foot; with a grocery store, a salon, and a bakery on the ground level, it should be easy to accomplish your tasks without public transit.

    For longer trips, there are east and westbound buses on Wellesley, north and southbound buses on Yonge Street, and the Wellesley subway station is less than 2 minutes away for the Yonge- University line.

    Drivers can reach the nearest highways by heading north on bay to Bloor and then east for the Don Valley Parkway; and south on Sherbourne to Lower Jarvis for the Gardiner Expressway.

    The Century Plaza Reviews

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    6

    Listings For Sale

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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
    The bike lane starts to feel like a second home.

    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

    The Century Plaza vs The Bay Street Corridor Area

    Days on Strata

    Units at The Century Plaza spend an average of
    14
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    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
    9.2
    YEARS before being sold again

    Property Value

    -7%
    Decrease in property value within the past twelve months

    Price Ranking

    27th
    Highest price per SQFT out of 41 condos in the Bay Street Corridor area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    41
    Units were Rented over the past twelve months

    Best Value Rank

    The Century Plaza offers the
    ?
    best value out of 41 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    The Century Plaza has the
    ?
    highest ROI out of 41 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    The Century Plaza yields the
    ?
    highest rent prices out of 41 condos in the Bay Street Corridor neighbourhood

    High Demand

    The Century Plaza is the
    ?
    most popular building out of 41 condos in the Bay Street Corridor neighbourhood

    Transaction Insights at 24 Wellesley Street W

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo DataNo Data$605,000 - $660,000$775,000$786,000 - $799,000$745,000No Data
    Avg. Cost Per SqftNo DataNo Data$905$723$735$717No Data
    Avg. Wait for Unit AvailabilityNo Data597 Days52 Days266 Days108 DaysNo Data995 Days
    Ratio of Units in Building2%8%58%11%22%1%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Bay Street Corridor