5311 - 11 WELLESLEY STREET W, Toronto (Bay Street Corridor)

$499,000

For sale: Apartment

Apartment at 5311 - 11 WELLESLEY STREET W, Toronto (Bay Street Corridor)
Property type
Condo Apartment
Bedrooms / bathrooms
2 bedrooms, 1 bathroom
Living area
599 sqft
MLS®
MLS® C14121054
Neighbourhood
Bay Street Corridor

This desirable one-bedroom + enclosed den (den can easily function as a bedroom for overnight guests!) at Wellesley on the Park in the heart of the Bay Street Corridor must be seen! Incredible 180-degree panoramic skyline and views of Lake Ontario that are simply breathtaking. With a perfect Walk Score of 100, you are placed right in the heart of downtown Toronto, with everything you could need just outside your front door. Inside, an open-concept layout paired with floor-to-ceiling windows that allow natural light to pour into the suite. The suite is the perfect space for a first time home buyer, or investor looking for an outstanding space to call their own. The bedroom takes full advantage of those spectacular sky-high views, and the den (with its own door and window) offers exceptional flexibility as a second bedroom or home office. Ensuite laundry and one storage locker round out the suite for convenience and extra storage. Building amenities include a 24-hour concierge, indoor pool, fully equipped fitness centre, yoga studio, party and games rooms, and an outdoor BBQ area perfect for hosting family and friends. Situated at Yonge and Wellesley in the heart of the Bay Street Corridor, residents enjoy outstanding connectivity. You are just steps from Wellesley Subway Station, the University of Toronto, Toronto Metropolitan University, Bloor-Yorkville, the Financial District, top hospitals, and some of Toronto's best dining and shopping. A rare opportunity to settle into one of downtown Toronto's coveted addresses, where elevated city living meets a peaceful escape above the skyline. Do not let this one pass you by!

Sold data

Homes in Bay Street Corridor — recent sold market

Homes in Bay Street Corridor took a median of 30 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 54, across 100 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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 53 days.

The median sale price was $554,000.

Homes sold for about 3.7% below asking on average, so there was room to negotiate.

About 16% of sales closed above the list price.

Around 22% of sellers reduced their price before finding a buyer.

Median days to sell
30
Median sale price
$554,000
Sale-to-list ratio
96.3%
Sold above asking
16%

Based on 100 recorded sales in the last 90 days. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Toronto (Bay Street Corridor)

Toronto (Bay Street Corridor) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.

Rated schools
529
Elementary
425
Secondary
104
Average rating
6.2 / 10

Top-rated schools in Toronto (Bay Street Corridor)

  • Cottingham — elementary, TorontoFraser rating 10.0/10
  • High Park Alternative — elementary, TorontoFraser rating 10.0/10
  • Northmount — elementary, TorontoFraser rating 10.0/10
  • Sathya Sai — elementary, TorontoFraser rating 10.0/10
  • St Michael's Choir — secondary, TorontoFraser rating 10.0/10
  • St Sebastian — elementary, TorontoFraser rating 10.0/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near 5311 - 11 WELLESLEY STREET W