$1,000,000
For sale: Townhouse

Welcome to 311 Wellesley St E! A great opportunity to own an end-unit townhouse in the heart of Toronto with tons of potential. This 1-bedroom, 1-bathroom home features a large loft area that could easily work as a second bedroom, home office or extra living space. Out back, you'll also find a private detached garage with parking for one car, a huge bonus for downtown living. Close to transit, parks, shops, restaurants and everything the city has to offer, this is a great option for a first-time buyer, investor or anyone looking for a home they can update and make their own. *This Is An Estate Sale. Property And All Chattels/Fixtures Included In The Sale Are Being Sold In "As Is, Where Is" Condition With No Representations Or Warranties By The Seller Or Listing Brokerage.
Sold data
Townhouse homes in Toronto (Cabbagetown-South St. James Town) took a median of 23 days to sell over the last 90 days, with the quickest quarter selling within 13 days and the slowest quarter taking more than 46, across 586 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 50 days.
The median sale price was $789,450.
Homes sold for about 2.4% below asking on average, so there was room to negotiate.
About 23% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 586 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (Cabbagetown-South St. James Town) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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