About the Location: The residences of 22 Wellesley Condos is one of the most convenient in Toronto. The floorplate while slim is located right beside the Wellesley Street station on the Yonge Street line. The residences are also located just a short walk to the East of the University of Toronto making this a great location for students to reside in. You can take a short walk to the local Starbucks, Just Deserts, or go to the Fox and the Fiddle. You are also only a 2 kilometer walk from BCE Place and the famous St. Lawrence Market.
About the Suites: The suites feature exposued concrete columns, some walls. and ceilings giving this building a conversion type feel. Large balconies on the south side of the building give you plenty of outside space. The kitchens feature stainless steel appliances, and by the kitchen also exists the stacked washer and dryer. Well laid out bedrooms and bathrooms in well thought out floor plans. Suites have floor to ceiling windows allowing maximum amounts of light. These suites are not only great to live in yourself but also great in your rental portfolio.
About the Building: The building is 23 sotreys in height on a smaller than normal floor plate. However there are still 158 suites in the building. The building has an intercom system, but also has a 24 hour security guard at the front desk. There is also a gym, party room, sauna, exercise room, and guest suites for visitors. The building has great south views that are not blocked due to low rise apartment buildings and a parking lot right on the subway making building virtually impossible.
COMPARATIVE MARKET ANALYSIS
22 CONDOMINIUMS - 22 WELLESLEY STREET EAST, TORONTO, ONTARIO