302 - 50 Wellesley Street E

Introducing an exceptional opportunity to acquire a stunning condo for sale in Toronto , located at 50 Wellesley Street E, Toronto. This remarkable property is nestled within the vibrant Church-Yonge Corridor, an area renowned for its dynamic atmosphere and convenience. The condo is a contemporary apartment that boasts a modern concrete exterior, ensuring both durability and aesthetic appeal.

This spacious residence features two generously sized bedrooms, each equipped with floor-to-ceiling windows that flood the space with natural light, creating a warm and inviting ambience. The bedrooms also come with ample closet space, providing plenty of storage for your belongings. In addition to the bedrooms, the condo includes two full bathrooms, thoughtfully designed to cater to your daily needs. The popular split layout of this corner unit enhances privacy and functionality, making it an ideal choice for both families and professionals alike.

The kitchen is a highlight of the property, featuring built-in appliances that streamline your cooking experience. Positioned on the main floor, the kitchen is easily accessible and perfect for entertaining guests. Although the condo does not have a den or additional kitchen, the five total rooms provide ample space for comfortable living. The absence of a family room is offset by the well-designed layout that maximises the use of space throughout the apartment.

Central air conditioning ensures that you remain cool and comfortable throughout the warmer months, while the forced air heating system keeps you cosy during the colder seasons. The property is unfurnished, allowing you the freedom to personalise the space according to your taste and style. Notably, this condo for sale in Toronto does not feature a fireplace, central vacuum system, or any additional land, which means you can focus on the essentials without unnecessary maintenance concerns.

One of the standout features of this condo is its enviable location. Situated right next to Wellesley Subway station, commuting around Toronto is a breeze. The proximity to esteemed institutions such as the University of Toronto and Metropolitan University makes this property particularly appealing for students and academic professionals. Furthermore, you will find yourself just steps away from a plethora of shopping options, restaurants, and hospitals, making daily errands and leisure activities easily accessible. With a walk score of 98, this location is a walker’s paradise, allowing you to enjoy the vibrant city life without the need for a vehicle.

While the condo does not come with a pool, garage space, or parking, the excellent amenities more than compensate for these features. Residents can take advantage of the outdoor pool, rooftop deck complete with a BBQ area, and a well-equipped gym. Additional amenities include a 24-hour concierge service, a party room for hosting gatherings, and a meeting room for professional use. These facilities ensure that you have everything you need for a comfortable and enjoyable lifestyle.

This condo for sale in Toronto is currently leased until May 1, providing an excellent investment opportunity for those looking to enter the Toronto real estate market. With its prime location at 50 Wellesley Street E, Toronto, and its array of features, this property is poised to attract interest from a variety of buyers.

In conclusion, if you are seeking a modern and conveniently located condo for sale in Toronto, look no further than this exceptional property. With its two full bedrooms, two bathrooms, and an array of amenities, this residence offers a perfect blend of comfort and urban living. Don’t miss your chance to make this stunning condo your new home or investment. Contact us today to arrange a viewing and experience the allure of living at 50 Wellesley Street E, Toronto.

The Church-Yonge Corridor, nestled in the heart of Toronto, is a vibrant and dynamic neighbourhood characterised by its impressive skyline and a rich tapestry of cultural offerings. This bustling area is renowned for its eclectic mix of residential spaces, from sleek condominiums to historic buildings, making it an attractive option for diverse residents. With an abundance of shops, restaurants, and cafes lining its streets, the Corridor is a hub of activity, catering to both day and night life. Additionally, its proximity to public transport, including the Yonge subway line, ensures convenient access to the rest of the city. The Church-Yonge Corridor is not just a place to live; it embodies the essence of urban living, where convenience meets culture in a lively metropolitan setting.

Schools in the Neighbourhood

This property is ideally located near several educational institutions, making it an excellent choice for families. Within a short distance, you will find Church Street Junior Public School (0.4 km), offering grades JK to 6 with a school rating of 6.4, and Jarvis Collegiate Institute (0.4 km), catering to grades 9 to 12 with a rating of 5.9. Winchester Junior and Senior Public School, located 0.9 km away, serves grades SK to 8, although it currently has no rating. For those seeking French immersion, Lord Lansdowne Junior Public School is 1.7 km away, while Our Lady of Lourdes Catholic School (0.6 km) provides an English Catholic education for grades JK to 8, with a rating of 5.5. St. Joseph's College School, just 0.5 km away, is a well-rated Catholic institution for grades 9 to 12, boasting a rating of 7.6. Additionally, St. Mary Catholic School, located 2.8 km away, offers French education for younger students. With a variety of public and Catholic schools nearby, this property is well-suited for families prioritizing quality education for their children.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 1,467 residents, characterized by 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, 34.2%, falls under the low-income category. The housing market reflects a high average price of $684,000, with 62.36% of residents renting their homes, predominantly in condominiums, which make up 93.82% of the housing stock. The community is largely single, with 65.84% of the population identifying as such, and households with children account for 22.92%. Additionally, the area has a notable immigrant presence, comprising 36.03% of the population, and a well-educated demographic, with 80.61% holding a college or university degree. However, a considerable portion of the population, 32.95%, is not in the labor force. This combination of factors paints a picture of a vibrant, diverse, and predominantly young community with a strong educational background and a significant rental market.