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Unit 911 at Century Plaza Condos

Sold

24 Wellesley Street W 911, Toronto C01, ON M4Y 2X6

MLS #C9010822

$786,000

Sold on July 24, 2024

July 24, 2024

Originally listed at $749,000 13 days on market

About This Property

One of the best layouts in the building with no wasted space! This spacious almost 1200sf condo features a large solarium that can be easily converted into a third bedroom. A fantastic unit located at the heart of downtown Yonge and Wellesley close to so many amenities, just steps to Wellesley Subway, Minutes To U Of T, Hospital District & Ryerson. It boasts engineered hardwood floors throughout, recently redone modern kitchen with stainless steel appliances, granite counters in the kitchen and bathrooms, all fixture sand taps/sinks upgraded, large windows letting in lots of natural light and it was freshly painted. The primary bedroom features 2large closets and its own 4pc ensuite. This condo is a great place to call home!

Investment Analysis

$3,894
Est. Monthly Rent
Based on $4/sqft
6.24%
Gross Yield
Before expenses
4%
Net Yield
After expenses
16
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1091/mo) and property tax ($3,685/yr). Does not include insurance, vacancy, or repairs.

Price Per Square Foot Comparison

This Unit
$681/sqft
Century Plaza Condos
$745/sqft-8.5%
Bay Street Corridor
$955/sqft-28.7%
Toronto C01
$979/sqft
Building PSF Range
$534$951

Below Market Value

This unit is priced 8.5% below the building average of $745/sqft. With a 4% net yield after expenses, this could be a strong investment opportunity.

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

1000-1199 sqft

Property Type

Residential Condo & Other

ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-972
MLS Size1000-1199
Listed OnJul 3, 2024
Maintenance Fees$1,091/month
Property Tax$3,685/year

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Rooms

NameSize (m)Size (ft)Features
Kitchen(Flat)---
Kitchen(Flat)---
Dining Room(Flat)---
Dining Room(Flat)---
Living Room(Flat)---
Living Room(Flat)---
Primary Bedroom(Flat)---
Primary Bedroom(Flat)---
Bedroom 2(Flat)---
Bedroom 2(Flat)---
Sunroom(Flat)---
Sunroom(Flat)---

Room Dimensions Available

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Unit 911 History

Complete transaction history for this unit

Terminated

Listed: Jun 16, 2024

$849,000

17 days on marketSale
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1 More Transactions Available

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Transaction History Available

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Price History

Original List Price

$749,000

Listed on Jul 3, 2024

Sold Price

$786,000

Sold on Jul 24, 2024

+$37,000

4.9%

13 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 911 at Century Plaza Condos

Unit 911 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 $786K).

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 911 Century Plaza Condos Toronto C01

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