502 - 50 Wellesley Street E

If you’re on the lookout for a stunning condo for sale in Toronto , then look no further than this gem located at 50 Wellesley Street E, Toronto. Nestled in the vibrant Church-Yonge Corridor, this modern condo apartment is perfect for anyone wanting to enjoy the best of city living. With two generously sized bedrooms featuring floor-to-ceiling windows and ample closet space, this home is designed to let in plenty of natural light, creating a warm and inviting atmosphere.

The layout of this corner unit is particularly popular, offering a split design that maximises both space and privacy. With two full bathrooms, you’ll never have to worry about morning rush hours. The kitchen, located on the ground floor, boasts built-in appliances and a central island that’s just perfect for whipping up breakfast or enjoying a casual meal. It’s an ideal setup for those who love to cook or entertain.

As you step out onto the long balcony, you’ll appreciate the peaceful views overlooking a residential area, making it a perfect spot to unwind after a long day. Although this condo for sale in Toronto doesn’t come with a pool, the building offers excellent amenities, including a rooftop deck with BBQ facilities, a gym, and a 24-hour concierge service. You’ll also find a party room and a meeting room, making it easy to host friends or colleagues without having to leave the comfort of your home.

Parking is a breeze with one underground garage space included, ensuring that you’ll never have to worry about finding a spot on the busy streets of Toronto. While this condo does not have a family room or a central vacuum system, it does come equipped with central air conditioning, which is a must-have for those hot summer days. Plus, with a walk score of 98, you’re just steps away from Wellesley Subway station, making commuting around the city a doddle.

Living at 50 Wellesley Street E, Toronto, means you’re in close proximity to some of the city’s best attractions. You’ll be just a stone’s throw from the University of Toronto and Metropolitan University, as well as various hospitals, shopping centres, and a plethora of restaurants. Whether you’re in the mood for a quick bite or a leisurely dinner, everything you need is right at your doorstep.

This condo for sale in Toronto is currently leased until September 1, but after that, tenants have the option to stay or move out with a 60-day notice. This flexibility makes it an attractive option for both investors and those looking to make it their home.

In summary, if you’re searching for a modern, well-located condo for sale in Toronto, this property at 50 Wellesley Street E, Toronto, is definitely worth considering. With its spacious bedrooms, stylish kitchen, and fantastic amenities, it offers a wonderful lifestyle in one of the city’s most sought-after areas. Don’t miss out on this opportunity to own a piece of Toronto real estate that combines comfort, convenience, and contemporary living. Whether you’re a first-time buyer or looking to invest, this condo could be the perfect fit for you.

The Church-Yonge Corridor, situated in the heart of Toronto, is a vibrant and dynamic neighbourhood renowned for its striking blend of urban living and cultural diversity. This area is characterised by its towering skyscrapers, bustling streets, and an array of amenities, including trendy cafes, eclectic restaurants, and a plethora of shopping options. With its close proximity to public transport, residents enjoy easy access to the city's extensive network, making commuting a breeze. The corridor is also home to various parks and green spaces, providing a welcome retreat from the urban hustle. Whether you're drawn to its lively atmosphere or the convenience of city living, the Church-Yonge Corridor offers a unique and exciting 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, you will find Church Street Junior Public School (0.4 km), which offers English instruction for grades JK to 6 and has a school rating of 6.4. Additionally, Winchester Junior and Senior Public School (0.9 km) serves grades SK to 8, although it currently has no rating. For older students, Jarvis Collegiate Institute (0.4 km) provides education for grades 9 to 12 with a rating of 5.9. Families seeking a French-language option can consider Lord Lansdowne Junior Public School (1.7 km), although it has no rating available. The area also boasts Our Lady of Lourdes Catholic School (0.6 km) and St. Joseph's College School (0.5 km), both offering Catholic education, with St. Joseph's rated at 7.6 for grades 9 to 12. Lastly, St. Mary Catholic School (2.8 km) offers French instruction for younger students. Overall, the property is surrounded by a mix of public and Catholic schools, providing ample educational opportunities for children of all ages.

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. 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, 34.2%, falls into the low-income bracket. The real estate market is characterized by an average property price of $684,000, with a high percentage of renters at 62.36% and a predominant presence of condominiums, making up 93.82% of the housing stock. Socially, the community is diverse, with 36.03% of residents being immigrants. A notable 65.84% of the population is single, while households with children comprise 22.92%. Educational attainment is high, with 80.61% of residents holding a college or university degree. However, a significant 32.95% of the population is not participating in the labor force, indicating potential challenges in employment opportunities. Overall, this area presents a vibrant, youthful, and diverse community with a mix of educationally accomplished individuals and a substantial rental market.