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            AIDA

            Real Estate Artificial Intelligence Digital Assistant

            Disclaimer

            AIDA (Artificial Intelligence Digital Assistant) is currently in BETA version, and is available at no charge for a limited time.

            Some features are limited, with full access granted only to our clients and real estate agents representing ITRealty.

            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.

            AIDA's CMA is taking into account real estate market fluctuations for given type properties in the city and neighborhood, so sometimes CMA may significately vary from the prices properties are listed at.

            Please check below on the page for what AIDA is not including into the CMA.

            Comparative Market Analysis for MLS# C4915014

            $2,600
            2br 2ba 700-799sf

            Water

            N

            Heating

            N

            Hydro

            N

            Parking

            N

            Laundry

            Ensuite

            WalkScore

            98

            TransitScore

            93

            Compare$2,495

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            Property Details Provided By
            Property Details Provided By Toronto Real Estate Board
            Listed By

            HOMELIFE NEW WORLD REALTY INC., BROKERAGE

            Learn more about this property:
            MLS# C4915014 Listing Details
            Among all comparable properties rented in condo located at 50 Wellesley Street East in Church-Yonge Corridor in Toronto from Jan 2017 to Sep 2020, after adjusting rental rates accordin to market conditions at the time of sale, AIDA has calculated that:
            Minimum Rent Adjusted was:

            $2,430

            Maximum Rent Adjusted was:

            $4,123

            AIDA's ESTIMATE (based on 77 properties)
            AIDA's Comparative Market Analysis is based on comparable properties sales data adjusted according to the monthly fluctuations of the local real estate market, and is equivalent to:

            $XXX,XXX

            Which makes the Asking Price ($2,600) less than AIDA's Appraised Value by:

            $XX,XXX

            Or, in percentage equivalent, by:

            XX%

            Notes
            • Condo lockers are not taken into account.
            • Upgrades and quality of renovation are not taken into account.

            Comparables

            AIDA found 77 comparable properties rented out in condo located at 50 Wellesley Street East in Church-Yonge Corridor in Toronto from Jan 2017 to Sep 2020

            Use the table's first column checkboxes to exclude/include properties into evaluation. The numbers above will automatically get recalculated accordingly.

            Sold onFloorUnit#AddressExpSQFTBed • BathGar SpacesSold PriceTime Adj %Time Adj Price
            2019-05-06***60850 Wellesley Street EastN700-7992+0 • 20.0$2,9506.15%***
            2019-05-10***90450 Wellesley Street EastNe700-7992+0 • 20.0$2,9756.15%***
            2019-05-13***80450 Wellesley Street EastNe700-7992+0 • 20.0$3,0006.15%***
            2019-05-18***151050 Wellesley Street EastSw700-7992+0 • 20.0$3,0006.15%***
            2019-05-22***50250 Wellesley Street EastNw700-7992+0 • 20.0$3,0906.15%***
            2019-05-24***101050 Wellesley Street EastSw700-7992+0 • 20.0$2,9806.15%***
            2019-05-24***160850 Wellesley Street EastSe700-7992+0 • 20.0$3,1006.15%***
            2019-05-28***150850 Wellesley Street EastSe700-7992+0 • 20.0$3,0006.15%***
            2019-05-28***180850 Wellesley Street EastSe700-7992+0 • 20.0$3,0006.15%***
            2019-06-01***161050 Wellesley Street EastSw700-7992+0 • 20.0$2,9807.69%***
            2019-06-03***221050 Wellesley StreetSw700-7992+0 • 20.0$3,0007.69%***
            2019-06-04***120450 Wellesley Street EastNe700-7992+0 • 20.0$2,9007.69%***
            2019-06-04***230250 Wellesley Street EastNw700-7992+0 • 20.0$3,0007.69%***
            2019-06-05***260850 Wellesley Street EastSe700-7992+0 • 20.0$3,2007.69%***
            2019-06-06***170250 Wellesley Street EastNw700-7992+0 • 20.0$3,0007.69%***
            2019-06-07***30250 Wellesley Street EastNw700-7992+0 • 20.0$2,8307.69%***
            2019-06-08***60450 Wellesley Street EastNe700-7992+0 • 20.0$3,0007.69%***
            2019-06-11***260250 Wellesley Street EastNe700-7992+0 • 20.0$3,0007.69%***
            2019-06-12***120850 Wellesley Street EastSe700-7992+0 • 20.0$3,1007.69%***
            2019-06-15***150250 Wellesley Street EastNw700-7992+0 • 20.0$2,8307.69%***
            2019-06-16***71050 Wellesley Street EastSw700-7992+0 • 20.0$3,0007.69%***
            2019-06-22***80850 Wellesley Street EastSe700-7992+0 • 20.0$3,0007.69%***
            2019-06-22***280850 Wellesley Street EastSe700-7992+0 • 20.0$3,0507.69%***
            2019-06-22***210250 Wellesley Street EastNw700-7992+0 • 20.0$3,0507.69%***
            2019-06-23***80250 Wellesley Street EastNw700-7992+0 • 20.0$3,0007.69%***
            2019-07-03***110250 Wellesley Street EastNw700-7992+0 • 20.0$3,25011.22%***
            2019-07-04***230850 Wellesley Street EastSe700-7992+0 • 20.0$3,20011.22%***
            2019-07-10***70450 Wellesley Street EastNe700-7992+0 • 20.0$3,20011.22%***
            2019-07-22***200250 Wellesley Street EastNw700-7992+0 • 20.0$3,10011.22%***
            2019-07-22***171050 Wellesley Street EastSw700-7992+0 • 20.0$3,15011.22%***
            2019-07-26***310250 Wellesley Street EastNw700-7992+0 • 20.0$3,35011.22%***
            2019-07-27***100850 Wellesley Street EastSe700-7992+0 • 20.0$3,10011.22%***
            2019-07-31***250450 Wellesley Street EastNe700-7992+0 • 20.0$3,20011.22%***
            2019-07-31***230450 Wellesley Street EastNe700-7992+0 • 20.0$3,30011.22%***
            2019-08-04***30850 Wellesley StreetS700-7992+0 • 20.0$3,30017.79%***
            2019-08-06***260450 Wellesley Street EastNe700-7992+0 • 20.0$3,30017.79%***
            2019-08-08***360850 Wellesley Street EastSe700-7992+0 • 20.0$3,25017.79%***
            2019-08-09***361050 Wellesley Street EastSw700-7992+0 • 20.0$3,40017.79%***
            2019-08-16***380850 Wellesley Street EastSe700-7992+0 • 20.0$3,40017.79%***
            2019-08-21***370250 Wellesley Street EastNw700-7992+0 • 20.0$3,40017.79%***
            2019-08-21***280450 Wellesley Street EastNe700-7992+0 • 20.0$3,30017.79%***
            2019-08-24***300450 Wellesley Street EastNe700-7992+0 • 20.0$3,50017.79%***
            2019-08-29***370850 Wellesley Street EastSe700-7992+0 • 20.0$3,50017.79%***
            2019-09-06***380250 Wellesley Street EastNw700-7992+0 • 20.0$3,10014.39%***
            2019-09-10***331050 Wellesley Street EastSe700-7992+0 • 20.0$3,30014.39%***
            2019-10-05***390850 Wellesley Street EastSe700-7992+0 • 20.0$3,15019.28%***
            2019-10-12***350250 Wellesley Street EastNw700-7992+0 • 20.0$3,10019.28%***
            2019-10-16***120250 Wellesley Street EastNw700-7992+0 • 20.0$3,00019.28%***
            2019-11-06***121050 Wellesley Street EastSw700-7992+0 • 20.0$3,0000.17%***
            2019-11-09***400450 Wellesley Street EastNe700-7992+0 • 20.0$3,1500.17%***
            2019-11-25***360450 Wellesley Street EastNe700-7992+0 • 20.0$3,1000.17%***
            2019-12-02***180450 Wellesley Street EastNe700-7992+0 • 20.0$3,050-11.04%***
            2020-01-13***400250 Wellesley Street EastN700-7992+0 • 20.0$3,750-2.13%***
            2020-03-12***390450 Wellesley Street EastNe700-7992+0 • 20.0$3,0003.47%***
            2020-03-17***381050 Wellesley Street EastSw700-7992+0 • 20.0$3,0003.47%***
            2020-03-19***70850 Wellesley Street EastSe700-7992+0 • 20.0$2,9503.47%***
            2020-06-12***80450 Wellesley Street EastNe700-7992+0 • 20.0$2,8500%***
            2020-06-22***161050 Wellesley Street EastSw700-7992+0 • 20.0$2,6000%***
            2020-06-27***230450 Wellesley Street EastNe700-7992+0 • 20.0$2,8000%***
            2020-06-29***250450 Wellesley Street EastNe700-7992+0 • 20.0$2,8500%***
            2020-07-06***101050 Wellesley Street EastSw700-7992+0 • 20.0$2,7500%***
            2020-07-15***120650 Wellesley Street EastE700-7992+0 • 20.0$2,4500%***
            2020-07-21***260850 Wellesley Street EastSe700-7992+0 • 20.0$2,9000%***
            2020-07-23***260250 Wellesley Street EastNe700-7992+0 • 20.0$2,9000%***
            2020-07-27***80250 Wellesley Street EastNw700-7992+0 • 20.0$2,5600%***
            2020-08-02***380250 Wellesley StreetNw700-7992+0 • 20.0$2,6500%***
            2020-08-10***350250 Wellesley Street EastNw700-7992+0 • 20.0$2,7000%***
            2020-08-19***230250 Wellesley Street EastNw700-7992+0 • 20.0$2,5000%***
            2020-08-20***370250 Wellesley Street EastNw700-7992+0 • 20.0$2,6500%***
            2020-08-23***170250 Wellesley Street EastNw700-7992+0 • 20.0$2,4800%***
            2020-08-23***200250 Wellesley Street EastNw700-7992+0 • 20.0$2,5000%***
            2020-08-24***260450 Wellesley Street EastNe700-7992+0 • 20.0$2,6500%***
            2020-08-28***60850 Wellesley Street EastN700-7992+0 • 20.0$2,4300%***
            2020-08-31***60450 Wellesley Street EastNe700-7992+0 • 20.0$2,5000%***
            2020-09-01***171050 Wellesley Street EastSw700-7992+0 • 20.0$2,5500%***
            2020-09-18***110250 Wellesley Street EastNw700-7992+0 • 20.0$2,6500%***
            2020-09-21***300450 Wellesley Street EastNe700-7992+0 • 20.0$2,8000%***

            Church-Yonge Corridor, Toronto Sales History More

            Church-yonge Corridor, Toronto: Overall Sales Statistics for Condos
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Sales Statistics
            Powered by AIDA © (itrealty.ca/aida)
            Neighborhood Rent Statistics
            Church-yonge Corridor, Toronto: Detailed Sales & Rent Statistics for Condos
            308 50 Wellesley Street East Property & Location Overview Powered by AIDA
            Listing Overview

            General:

            308 50 Wellesley Street East is a condo apt multi-level, located in Church-Yonge Corridor of city of Toronto, Toronto region, near Yonge/Wellesley, and has been available for lease on ITRealty since 2020-09-16. This unit is located at level 3 of the building and has South exposure of Wellesley E St. Condo registry office is TSCC, corporation number 2720.

            Lot Size and Living Area:

            308 50 Wellesley Street East has 5+0 rooms in total, including 2+0 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 700-799 square feet. And there is a ensuite laundry at this condo &(type).

            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 features: Open Concept, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.

            Price & Cost Overview

            General:

            308 50 Wellesley Street East condo apt is listed for $2,600.

            Comparative Market Analysis:

            There are similar 2+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $2,495.
            Visit a customized Comparative Market Analysis page for more details.

            Location Overview

            General:

            Church-Yonge Corridor, where 50 Wellesley Street East is located, has $789,261 Home Price Index, and $2,399 Home Rent Index. Average household income at dissemination area of 50 Wellesley Street East is $56,704, and average polulation age is 38 years old.
            Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,040,620, and average Home Rent Index $2,587.

            Similar Properties & Community Details:

            There are similar to 308 50 Wellesley Street East 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 50 Wellesley Street East.
            You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Church-Yonge Corridor neighborhood in city of Toronto.

            Walkscore, Transitscore, and Bikescore:

            With Walkscore, Transitscore, and Bikescore of 98, 93, and 97 accordingly, location of 50 Wellesley Street East overall can be described as Walker's Paradise, Rider's Paradise, and Biker's Paradise.

            308 50 Wellesley Street East Listings History Powered By AIDA
            Church-yonge 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 (98 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 get rented?
            You may expect 179 to 219 properties like that to be sold in Church-Yonge Corridor during the next 30 days.
            Seasonal sales fluctuation is showing 52% inventory increase comparing to the average annual number, which is equvalent to 130.83 properties sold per month, and 43% increase comparing to the last six months.
            How soon it can be sold?
            This property has been on the market for 10 days, which is 18 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
            Seasonal sales fluctuation is showing 9% D.O.M. increase comparing to the average annual number, which is equvalent to 25 D.O.M., and 1% 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 1.2% below its asking price in Church-Yonge Corridor.
            The selling to asking price ratio is not changing, as this housing type demand remains stable in Church-Yonge 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 C4915014 Comparative Market Analysis

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