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Unit 312 at Century Plaza Condos

Sold

24 Wellesley Street W 312, Toronto C01, ON M4Y 2X6

MLS #C9373088

$745,000

Sold on November 28, 2024

November 28, 2024

Originally listed at $789,000 22 days on market

About This Property

Welcome to Century Plaza Condos, Priced to sell at just $717 per square foot - Unit 312 Will Not Last! This spacious 1,100 sq. ft. corner unit boasts 2 large bedrooms and a den w/window and sliding door that can easily be converted to a 3rd bedroom, 2 bathrooms, and an abundance of natural light. This unit offers an exceptional layout with a generously-sized primary bedroom featuring an ensuite bathroom and ample storage throughout.Located in one of the best-managed buildings with a strong reserve fund and outstanding amenities, including a gym, concierge, rooftop garden, party/meeting room, hot tub, and visitor parking. Maintenance fees cover cable, internet, hydro, water, heat, and all amenities.With a Walk Score of 99, this is truly a walkers paradise. Just 3 minutes to Wellesley Subway, 5minutes to U of T, the Hospital District, Yorkville, YMCA, libraries, parks, and more! Parking and locker included!

Investment Analysis

$3,894
Est. Monthly Rent
Based on $4/sqft
5.92%
Gross Yield
Before expenses
3.76%
Net Yield
After expenses
16.9
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1110/mo) and property tax ($3,727/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$717/sqft
Century Plaza Condos
$745/sqft-3.7%
Bay Street Corridor
$955/sqft-24.9%
Toronto C01
$883/sqft
Building PSF Range
$534$951

Fair Market Price

This unit is priced in line with the building average of $745/sqft. Expected net yield of 3.76% after maintenance and taxes.

Analysis based on 14 sales and 82 leases in this building. Unit size estimated at 1100 sqft.

Property Details

Bedrooms

3

Bathrooms

2

Square Feet

1,100 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-972
MLS Size1000-1199
Listed OnSep 29, 2024
Maintenance Fees$1,110/month
Property Tax$3,727/year

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Rooms

NameSize (m)Size (ft)Features
Living Room(Main)7.01 x 3.3523.0 x 11.0-
Dining Room(Main)6.89 x 4.4222.6 x 14.5-
Kitchen(Main)3.58 x 3.9711.7 x 13.0-
Primary Bedroom(Main)4.11 x 3.1413.5 x 10.3-
Bedroom 2(Main)3.51 x 2.7411.5 x 9.0-
Bedroom 3(Main)2.8 x 3.039.2 x 9.9-

Room Dimensions Available

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Price History

Original List Price

$789,000

Listed on Sep 29, 2024

Sold Price

$745,000

Sold on Nov 28, 2024

-$44,000

-5.6%

22 days on market

Price History Available

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OQ

Your Agent

OVAIS QASSIM

Broker of Record

PREMIER MATRIX REALTY LTD. BROKERAGE

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Building Information

Building NameCentury Plaza Condos
Address24 Wellesley, Toronto C01
Parking TypeUnderground

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About Unit 312 at Century Plaza Condos

Unit 312 is a residential condo & other with 3 bedrooms, 2 bathrooms spanning approximately 1000-1199 square feet located at Century Plaza Condos, 24 Wellesley, Toronto C01. This unit is currently sold (sold for $745K).

About Century Plaza Condos

Century Plaza Condos is located at 24 Wellesley, Toronto C01. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.

Bay Street Corridor Neighbourhood

This unit is located in Bay Street Corridor, part of Toronto C01 in the Toronto area. Explore more condos for sale and rent in this community.

Whether you're looking to buy, sell, or rent at Century Plaza Condos, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.

Keywords: Unit 312 Century Plaza Condos Toronto C01

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