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    Toronto / Downtown / Church - Toronto

    508 - 50 Wellesley St E

    For Sale50 at Wellesley Station Condos
    $990,000
    2 Beds
    2 Bath
    1 Parking
    700 - 799 SQFT
    34 Days on Strata
    Est Sell Timeframe
    19 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $642/mth
    Taxes:
    $4,184 (2024)
    Cost Per Sqft:
    $1,239 - $1,414/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South East
    Possession Date:
    December 1, 2024
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Walkout To Balcony, South View
    10.79 x 17ft
    Dining
    Combined with Living, Laminate, Open Concept
    10.79 x 17ft
    Kitchen
    Stainless Steel Appliances, Quartz Counter, Open Concept
    10.79 x 17ft

    About this Listing

    ONE PARKING INCLUDED*9 Ft ceiling*768 Sqf+Balcony*SE Corner*2-B Model(2 Bath)*ONE PARKING AND ONE LOCKER INCLUDED*Amazing*50 Weslley St*Location Location Location*Two Bedroom with Two Washroom Suite with Amazing South East View by Plaza, One Minute Walk to Wellesley Station, Steps to UoT, Shops, Restaurants, Recreation Centre and all kinds of facilities. Full Size, Gorgeous Corner Balcony, Spacious Bright and Wide Open Concept, Laminate Flooring Throughout And Quality Finishes. Prime Location in the City Core. Abundant amenity including 24h security, concierge, gym, party room, guest room and more!Owner Occupied*Never Rented Before

    ExtrasONE PARKING(P2#43) AND One locker(P2#69) included. S/S Appliances*Fridge, Stove, Washer And Dryer, B/I Dishwasher and Range Hood, Microwave, All Window Coverings, All Elfs, Quartz Counter Top.

    century 21 new conceptMLS® #C9419892

    Amenities

    Gym Room
    Games Room
    Party Room
    Outdoor Pool
    Guest Suites
    Concierge

    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
    18
    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
    5.1
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    6th
    Highest price per SQFT out of 77 condos in the Church - Toronto area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    106
    Units were Rented over the past twelve months

    Best Value Rank

    50 at Wellesley Station Condos offers the
    ?
    best value out of 77 condos in the Church - Toronto neighbourhood

    Appreciation Rank

    50 at Wellesley Station Condos has the
    ?
    highest ROI out of 77 condos in the Church - Toronto neighbourhood

    Rental Yield

    50 at Wellesley Station Condos yields the
    ?
    highest rent prices out of 77 condos in the Church - Toronto neighbourhood

    High Demand

    50 at Wellesley Station Condos is the
    ?
    most popular building out of 77 condos in the Church - Toronto neighbourhood

    Transaction Insights at 50 Wellesley Street E

    1 Bed1 Bed + Den2 Bed3 Bed
    Price Range$565,000 - $640,800No Data$825,000 - $855,000No Data
    Avg. Cost Per Sqft$1,455No Data$1,184No Data
    Avg. Wait for Unit Availability105 Days84 Days59 DaysNo Data
    Ratio of Units in Building17%44%39%1%

    Transactions vs Inventory

    Total number of units listed and sold in Church - Toronto