2610 - 28 Wellesley Street E

If you've been dreaming of owning your very first home in the bustling heart of Toronto, then look no further than this fantastic condo for sale in Toronto . Nestled at 28 Wellesley Street E, Toronto, this charming studio apartment is perfectly positioned at the vibrant intersection of Yonge & Wellesley, right in the lively Church-Yonge Corridor. With a prime location like this, you’ll find yourself just a stone’s throw away from the subway station, making your daily commute a breeze. No more lengthy waits in the cold; you can simply hop on the train and be whisked away to wherever you need to be in mere minutes.

This delightful condo for sale in Toronto is not just about convenience; it’s also surrounded by an array of amenities that make city living a joy. Yonge Street is brimming with restaurants, coffee shops, and takeout spots, ensuring you’ll never be short of options for grabbing a bite or catching up with friends. Whether you're in the mood for a quick coffee or a leisurely meal, everything you need is right at your doorstep.

As you step inside this freshly painted studio, you’ll immediately notice how bright and open the space feels. The large floor-to-ceiling windows flood the apartment with natural light, creating a warm and inviting atmosphere. It’s a lovely touch that makes the unit feel particularly special, and even the bathroom boasts a massive floor-to-ceiling window—an almost rare find in Toronto condos. Such thoughtful details add to the charm of this home, making it a delightful retreat from the hustle and bustle of city life.

This condo for sale in Toronto is a perfect opportunity for first-time buyers, especially with a price tag of under $400,000. In today's market, finding a downtown condo at this price, in such a prime location, with an abundance of natural light, is a rarity. This is truly a golden opportunity for anyone looking to step into homeownership. Imagine having your own cosy, modern studio where you can start building equity and enjoy all that downtown Toronto has to offer—all while staying within your budget.

The apartment features one bathroom and a well-equipped kitchen, making it ideal for anyone looking for a straightforward living space. While there are no additional rooms or a den, the layout is efficient and maximises the available space. The absence of a family room or additional land may seem limiting, but it allows for a more manageable and affordable living experience. Plus, with central air conditioning, you’ll stay cool and comfortable throughout the warmer months.

Parking is available in an underground garage, though it’s worth noting that there is no designated parking space included with this unit. This could be a consideration for those who rely on a vehicle, but with the subway station so close, you might find that public transport suits your lifestyle perfectly.

In summary, if you’re on the lookout for a condo for sale in Toronto that offers both a fantastic location and a bright, welcoming atmosphere, Suite 2610 at 28 Wellesley Street E, Toronto, could be your ideal first home. With all the amenities you could want right on your doorstep and the convenience of public transport just moments away, this property is not to be missed. Don’t let this opportunity pass you by—come and see for yourself what makes this studio such a special place to call home.

The Church-Yonge Corridor, nestled in the heart of Toronto, is a vibrant and dynamic neighbourhood characterised by its striking blend of modern skyscrapers and historic architecture. This bustling area is renowned for its diverse array of amenities, including an eclectic mix of restaurants, cafés, and shops, catering to a variety of tastes and lifestyles. With its proximity to public transport, residents enjoy easy access to the rest of the city, while the nearby green spaces offer a welcome respite from urban life. The Church-Yonge Corridor is not only a hub of activity but also a place where cultural events and community gatherings flourish, making it an appealing choice for anyone seeking a lively and engaging urban experience.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance of 0.4 km, Church Street Junior Public School offers a public elementary education for grades JK to 6, rated at 6.4. Just 0.5 km away is Jarvis Collegiate Institute, catering to high school students from grades 9 to 12, with a rating of 5.9. For those seeking Catholic education, Our Lady of Lourdes Catholic School is located 0.7 km from the property, providing grades JK to 8 and holding a rating of 5.5. Additionally, St. Joseph's College School, also a Catholic institution, is only 0.5 km away, serving grades 9 to 12 with a commendable rating of 7.6. Winchester Junior and Senior Public School and Lord Lansdowne Junior Public School are slightly further at 1.0 km and 1.7 km, respectively, though they currently have lower ratings. Overall, the area boasts a mix of public and Catholic schools, ensuring a range of educational options for children of all ages, enhancing the property's appeal to potential buyers.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,467 residents, with an average household size of 1.6 individuals. The demographic profile reveals a youthful community, with an average age of 32.5 years. The average household income stands at $72,400, although a significant portion of the population, 34.2%, is classified as low-income. The real estate market reflects a high average property price of $684,000, with a predominant trend towards condominium living, as 93.82% of the housing stock consists of condos. The community is characterized by a high percentage of single individuals, comprising 65.84% of the population, while households with children account for 22.92%. Additionally, immigrants make up 36.03% of the population, contributing to the area's cultural diversity. The rental market is robust, with 62.36% of residents renting their homes. Education levels are notably high, with 80.61% of the population holding a college or university degree. However, it is important to note that 32.95% of residents are not in the labor force, indicating potential challenges in employment opportunities within the area. Overall, this demographic snapshot highlights a vibrant, diverse community with a mix of young professionals and families.