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    Toronto / Downtown / Church - Toronto

    701 - 50 Wellesley St E

    For Rent50 at Wellesley Station Condos
    $2,300/mth
    1 Bed
    1 Bath
    0 Parking
    499 SQFT
    44 Days on Strata
    Est Lease Timeframe
    14 Days

    Listing History

    Unit Highlights

    Possession Date:
    September 24, 2024
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    West
    Locker:
    Owned
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Air Conditioning
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Walkout To Balcony, Large Window, Laminate
    17.42 x 10.76ft
    Bedroom
    Large Window, Laminate
    10.76 x 8.76ft
    Kitchen
    Modern Kitchen, Stainless Steel Appliances, Quartz Counter
    17.42 x 10.76ft

    About this Listing

    1 Bedroom Located In Center Of Downtown Toronto. West Facing Looking Down To The RooftopTerrace Steps To Wellesley Subway Station, U Of T, Ryerson. ****Extra Large Locker

    ExtrasStainless Steel Fridge, Dishwasher, Stove/Oven, Microwave, White Washer And Dryer. All Window Covers.

    homelife landmark realty inc.MLS® #C9364565

    Amenities

    Concierge
    Party Room
    Games Room
    Gym Room
    Outdoor Pool
    Guest Suites

    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
    22
    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

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 77 condos in the Church - Toronto area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    107
    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$1,453No Data$1,184No Data
    Avg. Wait for Unit Availability105 Days84 Days59 DaysNo Data
    Ratio of Units in Building17%44%40%1%

    Transactions vs Inventory

    Total number of units listed and leased in Church - Toronto