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    Toronto / Bay Street Corridor

    1206 - 62 Wellesley St W

    $1,488,0003 bds2 ba1 pk1,800 sqft
    For SaleQueens Park Place
    152 Days on Strata
    $1,488,000
    3 Beds + 2
    2 Bath
    1 Parking
    1,800 SQFT

    Listing History

    Details

    Property Type:

    Condo

    Maintenance Fees:

    $1,766/mth

    Taxes:

    $5,451 (2024)

    Cost Per Sqft:

    $827/sqft

    Outdoor Space:

    None

    Locker:

    Ensuite

    Exposure:

    South West

    Possession Date:

    TBD/ Flexible

    Laundry:

    Ensuite

    Amenities

    Sauna
    Indoor Parking
    Rooftop Deck
    Squash Court
    Gym
    Bike Storage
    Security System
    Visitor Parking
    Indoor Pool
    Party Room
    Rec Room
    Concierge

    About this Listing

    **Escape the Hassle of Commuting!** Discover the perfect blend of convenience and comfort in this rarely available townhouse alternative. Located at the heart of it all, you're just steps away from U of T, Hospital Row, College Park, Bay St, and the vibrant Yonge & Bloor intersection everything you need is within 500 meters or a quick 10-minute stroll! This unique opportunity boasts breathtaking panoramic views and offer sample space with 3 spacious bedrooms plus a versatile den/home office that captures the southwest view. Enjoy the luxury of a unit-length solarium, perfect for soaking in the natural light. With 2 full washrooms and an ensuite locker, you'll have everything you need for modern living. Spanning over 1,800 sq. ft., this home combines urban accessibility, with spacious elegance. Don't miss your chance to live in the center of it all. **EXTRAS** Existing appliances in as is condition (fridge, stove, dishwasher, microwave, washer & dryer) blinds, ELFs.

    kw living realty, brokerageMLS® #C10433586

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    Gas

    Heating

    Forced Air

    Room dimensions are not available for this listing.

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

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    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    15,057
    Average Individual Income
    $63,504
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $103,909
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    28%
    35 - 49
    20%
    50 - 64
    18%
    65+
    16%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    24%
    $60,000+
    16%
    $90,000+
    9%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    45%
    Semi Detached
    23%
    Detached
    21%
    Low Rise Apartment
    6%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    13%
    Cantonese
    7%
    Tagalog
    2%
    Telugu
    1%
    Arabic
    1%
    Hindi
    1%
    Spanish
    1%
    Education
    University and Above
    46%
    High School
    20%
    College
    15%
    None
    12%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    10%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Building Trends At Queens Park Place

    Days on Strata

    Units at Queens Park Place spend an average of
    5
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    7%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Bay Street Corridor

    Turnover of Units

    On average, each unit is owned for
    20.3
    YEARS before being sold again

    Property Value

    7%
    Increase in property value within the past twelve months

    Price Ranking

    28th
    Highest price per SQFT out of 45 condos in the Bay Street Corridor area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    2
    Units were Rented over the past twelve months

    Best Value Rank

    Queens Park Place offers the
    ?
    best value out of 45 condos in the Bay Street Corridor neighbourhood

    Appreciation Rank

    Queens Park Place has the
    ?
    highest ROI out of 45 condos in the Bay Street Corridor neighbourhood

    Rental Yield

    Queens Park Place yields the
    ?
    highest rent prices out of 45 condos in the Bay Street Corridor neighbourhood

    High Demand

    Queens Park Place is the
    ?
    most popular building out of 45 condos in the Bay Street Corridor neighbourhood

    Market Insights

    Transaction Insights at Queens Park Place

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$925,000No DataNo Data$1,176,250 - $1,350,000No DataNo Data
    Avg. Cost Per Sqft$699No DataNo Data$749No DataNo Data
    Avg. Wait for Unit Availability1651 Days336 Days352 Days296 Days577 DaysNo Data
    Ratio of Units in Building6%14%31%37%7%7%

    Market Inventory

    Total number of units listed and sold in Bay Street Corridor