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            #1311 24 Wellesley Street West

            near Bay / Wellesley
            $988,000 2+1bdr • 2ba • 1kit • 1000-1199sf
            Average Income
            $45,248
            Population Age
            34 y/old
            School Score
            6.45/10
            Price Index Change 1y
            +1.61%
            Price Index Change 3y
            +40.54%
            Rent Index Change 1y
            +1.11%
            Rent Index Change 3y
            +23.26%

            Condo Apt • Apartment #1311 • 13 Level

            #1311 24 Wellesley Street West, Bay Street Corridor, Toronto
            • Rooms and Bathrooms 2+1 bedr, 2 bath
            • Kitchens 1
            • area 1000-1199
            • garage 1.0 Undergrnd
            • exposure Sw
            • age n/a
            • locker Owned
            • possession

              Or Tbd

            $988,000

            $3,365.87
            Tax yr: 2019

            $955.99/m

            99 Walker's Paradise

            100 Rider's Paradise

            74 Very Bikeable

            6.45/10

            Property Location Details
            • Toronto

            • Toronto

            • Bay Street Corridor

            • Bay / Wellesley

            • M4Y2X6

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

            SOHO CLASSIC REALTY LTD., BROKERAGE

            Property Overview
            Massive 1,200 Sq Ft. Of Space, Prime Downtwn Location! " This Corner Unit Condo Features 2 Spacious Bdrms & A Large Solarium That Can Be Easly Convertd Inot A 3rd Bdrm, Steps To Subway, Close To Bloor/Yorkville Shoping, Bay St. Financial District, Hospitals, Right Above Raba, Queens Park, Restaurants, U Of T. Fantastic View Of The City Skyline, Rooftop Garden. All-Inclusive Maintenance Fees That Even Includes Cable Tv... All Inclusive
            Extras: Frdige, Stove, Dishwasher, Washer, Dryer, Elf's, All Window Covering. Built In California Cabinet Both At Den & Kitchen, Amenities: 24Hr Concierge, Rooftop Terrace, Party/Meeting Rm, Indoor/Outdoor Jacuzzi, Sauna, Gym & Visitor Prkng.
            Rooms details
            Living
            • Flat Level
            • Combined W/Dining
            • Hardwood Floor
            • Se View
            • Size 5.97x4.95
            Dining
            • Flat Level
            • Combined W/Living
            • Hardwood Floor
            • Open Concept
            • Size 5.97x4.95
            Kitchen
            • Flat Level
            • Granite Counter
            • Tile Floor
            • Breakfast Bar
            • Size 2.34x4.34
            Master
            • Flat Level
            • W/I Closet
            • Hardwood Floor
            • 4 Pc Ensuite
            • Size 4.17x3.18
            2nd Br
            • Flat Level
            • Large Closet
            • Hardwood Floor
            • Se View
            • Size 3.15x2.69
            Sunroom
            • Flat Level
            • Large Window
            • Hardwood Floor
            • Se View
            • Size 3.89x1.68
            Basement
            • Other
            • Listing added to site: 2019-11-19 11:05:54
            • Last updated: 2019-11-25 17:58:08
            • Photos updated: 2019-11-19
            • Contract date: 2019-11-15
            • Input date: 2019-11-19
            • Expiry date: 2020-03-31
            • 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:
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            Travel Times, Streetview, Walkscore
            1311 24 Wellesley Street West Property & Location Overview Powered by AIDA
            Listing Overview

            General:

            1311 24 Wellesley Street West is a condo apt apartment, located in Bay Street Corridor of city of Toronto, Toronto region, near Bay / Wellesley, and has been available for sale on ITRealty since 2019-11-19. This unit is located at level 13 of the building and has South-West exposure of Wellesley W St. Condo registry office is MTCC, corporation number 972.

            Lot Size and Living Area:

            1311 24 Wellesley Street West has 4+1 rooms in total, including 2+1 bedroms, 2 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 1000-1199 square feet.
            1.0 parking space(s) are owned and located undergrnd at level P3 . 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 possible sellers motivation indicators: Flexible Possession.

            Price & Cost Overview

            General:

            1311 24 Wellesley Street West condo apt is listed for $988,000. Property tax for year 2019 was $3,366. And the monthly maintenance fee was $956.

            Comparative Market Analysis:

            There are similar 2+1 bedr condo apt recently sold for an average Time Adjusted Selling Price of $901,423.
            Visit a customized Comparative Market Analysis page for more details.

            Mortgage and Other Expenses:

            Your monthly mortgage payments will be $3,707, and total expenses, including the mortgage, property tax and maintenance, fee around $4,067, assuming $988,000 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
            Use our Mortgage and Investment Calculator, customized especially for 1311 24 Wellesley Street West, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

            Buyer Cashback:

            You may be eligible for a Buyer Cashback up to $9,900 if you buy this condo apt with ITRealty.
            Check if you qualify.

            Location Overview

            General:

            Bay Street Corridor, where 24 Wellesley Street West is located, has $849,661 Home Price Index, and $2,814 Home Rent Index. Average household income at dissemination area of 24 Wellesley Street West is $45,248, and average polulation age is 34 years old.
            Average Home Price Index among 142 evaluated neighborhoods in city of Toronto is $959,934, and average Home Rent Index $2,638.

            Similar Properties & Community Details:

            There are similar to 1311 24 Wellesley Street West 2 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 24 Wellesley Street West.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Bay Street Corridor neighborhood in city of Toronto.

            Schools:

            There are at least 2 school(s) located near 24 Wellesley Street West, 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. Jesse Ketchum Junior and Senior Public School (Grades JK-08), Public, Intermediate, ranked as Good.
            2. Jarvis Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Average.
            ** 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 99, 100, and 74 accordingly, location of 24 Wellesley Street West overall can be described as Walker's Paradise, Rider's Paradise, and Very Bikeable.

            1311 24 Wellesley Street West Listings History Powered By AIDA
            Bay Street 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 (38 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 17 to 21 properties like that to be sold in Bay Street Corridor during the next 30 days.
            Seasonal sales fluctuation is showing 8% inventory increase comparing to the average annual number, which is equvalent to 17.67 properties sold per month, and -13% decline comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 20 days, which is 11 days less than the recent sales average, and can be sold at any time if the price is right, or negotiable by the seller.
            Seasonal sales fluctuation is showing 5% D.O.M. increase comparing to the average annual number, which is equvalent to 29 D.O.M., and 6% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
            At what price it can be sold?
            Similar properties currently sell at 1.51% below its asking price in Bay Street Corridor.
            The selling to asking price ratio is declining in Bay Street 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 C4637480 Comparative Market Analysis
            1311 24 Wellesley Street West Investor's Outlook Powered by AIDA

            Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Bay Street 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 +1.61% comparig to the City of Toronto average of +3.585%

            Price Index 3y

            Price Index change was +40.54% comparig to the City of Toronto average of +8.13%

            Rent Index 1y

            Rent Index change was +1.11% comparig to the City of Toronto average of +3.44%

            Rent Index 3y

            Rent Index change was +40.54% comparig to the City of Toronto average of +8.13%

            Walkscore

            Walkscore 99 out of 100 means Walker's Paradise

            Transitscore

            Transitscore 100 out of 100 means Rider's Paradise

            Bikescore

            No sufficient data available

            Schoolscore

            Schoolscore is 6.45 out of maximum 10 points

            Mortgage & Payments

            Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

            Mortgage & Payments Calculator
            Property Financing Details
            Land Transfer Tax & Closing Expenses
            Downpayment Details
            Use in monthly payment calculation:
            Mortgage & Financing Details

            Assuming Fixed Rate, Monthly Payments

            (Mortg interest rate. Ex: 3.0)

            (Mortgage duration Ex: 25)

            (Borrowing rate Ex: 3.5)

            Save mortgage settings to your profile for automated mortgage calculation on all listings. Account login required.

            Mortgage & Payments Summary

            Schools and Ratings

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

            Demographics & Housing Statistics

            $11,200 Cashback
            $1,115,000
            2br 2ba 1800-1999sf

            Prop Tax

            $4,266

            Condo Fee

            $1215

            Exposure

            Ne

            Mortg/m

            $ calculator

            WalkScore

            96

            Compare$1,208,945

            Please Login for the Map View

            $8,300 Cashback
            $828,800
            2br 2ba 800-899sf

            Prop Tax

            $3,797

            Condo Fee

            $907

            Exposure

            Se

            Mortg/m

            $ calculator

            WalkScore

            99

            Compare$757,180

            Please Login for the Map View

            $8,000 Cashback
            $799,900
            2+1br 2ba 1400-1599sf

            Prop Tax

            $2,991

            Condo Fee

            $1280

            Exposure

            E

            Mortg/m

            $ calculator

            WalkScore

            91

            Compare$790,867

            Please Login for the Map View

            $9,000 Cashback
            $898,000
            2br 2ba 700-799sf

            Prop Tax

            $3,012

            Condo Fee

            $641

            Exposure

            Ne

            Mortg/m

            $ calculator

            WalkScore

            90

            Compare n/a

            Please Login for the Map View

            $10,800 Cashback
            $1,080,000
            2br 2ba 1000-1199sf

            Prop Tax

            $3,788

            Condo Fee

            $800

            Exposure

            Ne

            Mortg/m

            $ calculator

            WalkScore

            95

            Compare$924,176

            Please Login for the Map View

            $9,000 Cashback
            $899,000
            2br 2ba 800-899sf

            Prop Tax

            $3,705

            Condo Fee

            $570

            Exposure

            Sw

            Mortg/m

            $ calculator

            WalkScore

            98

            Compare$954,374

            Please Login for the Map View

            $9,100 Cashback
            $XXX,XXX
            2br 2ba XXXXsf

            Prop Tax

            $X,XXX

            Condo Fee

            $XXX

            Exposure

            Se

            Mortg/m

            $ calculator

            WalkScore

            90

            Compare$814,437

            Please Login for the Map View

            $8,800 Cashback
            $876,999
            2br 2ba 800-899sf

            Prop Tax

            $1

            Condo Fee

            $477

            Exposure

            Ne

            Mortg/m

            $ calculator

            WalkScore

            99

            Compare n/a

            Please Login for the Map View

            $9,200 Cashback
            $919,000
            2br 2ba 900-999sf

            Prop Tax

            $3,633

            Condo Fee

            $565

            Exposure

            Sw

            Mortg/m

            $ calculator

            WalkScore

            98

            Compare$1,001,675

            Please Login for the Map View

            $10,300 Cashback
            $1,028,888
            2br 2ba 900-999sf

            Prop Tax

            $4,018

            Condo Fee

            $678

            Exposure

            Ne

            Mortg/m

            $ calculator

            WalkScore

            99

            Compare$1,062,426

            Please Login for the Map View

            $10,000 Cashback
            $998,000
            2br 2ba 900-999sf

            Prop Tax

            $3,588

            Condo Fee

            $1086

            Exposure

            Nw

            Mortg/m

            $ calculator

            WalkScore

            99

            Compare$960,873

            Please Login for the Map View

            $9,900 Cashback
            $989,000
            2+1br 2ba 800-899sf

            Prop Tax

            $4,186

            Condo Fee

            $506

            Exposure

            Sw

            Mortg/m

            $ calculator

            WalkScore

            99

            Compare$980,763

            Please Login for the Map View