11-143 Wellesley Crescent
11-143 Wellesley Crescent
Units90
Built1967-1978 *exact dates for some units are unknown
Registered as condos1978 and 1993
Average MLS Selling Price 2023 (first 6 months)$400,000 (based on 2 MLS sales)
Average MLS Selling Price 2022$396,800 (based on 7 MLS sales)
Average MLS Selling Price 2021$354,400 (based on 12 MLS sales)
Amenities:
Details:
The correct address should read 11-57, 61, 71, 81, 91, 101, 111, 137, 139 and 143 Wellesley Crescent. Built in 10 clusters of eight and 2 clusters of five units. The last three clusters are slightly newer. Some reclaimed yellow bricking, other brick colours are red, white brown and sand coloured with upper siding of various colours. These units have lower front bricking, lower rear bricking and full side bricking. A small number of units have full bricking. Reported unit sizes above ground are 914, 1000 and 1021 square feet. These are two-bedroom units with a mix of natural gas heat or electric heat units. Open parking, some units have covered front porches. Design styles may vary slightly. Rear doors to fenced in rear patio area.
In this neighbourhood 89% own, 11% rent. 59% of the neighbourhood homes are single family, 30% townhouses and 10% semis.
Walk to "Nelson Park" a few houses away off Kipling Avenue. These Wellesley Court condos back onto Trafalagar Street. Three blocks over to the east is the "Veterans Memorial Parkway" with easy access to the 401 highway.
In closing, we would like to note that there is a street very similar to Wellesley Crescent one block over to the immediate west. It also backs onto Trafalgar Street and like Wellesley Crescent, it is a mix of single family homes, semi’s and townhouses. One difference is that the townhome units are all rentals with one new exception. In 2020 units 39 – 51 Toulin were turned into freehold condos.
This cluster of seven units sold out on the “MLS” system at a price point of $300,300. New interiors, new windows, doors and exterior sidings to list some of the improvements. “Village Property Management” is now the property management company.
This leads us to the following question. Are we now starting to see more rental townhouse complexes being gutted and transformed into new condo conversion projects? The answer is no, however we did see a conversion project in 2020 at 105 Andover Drive in “Westmount”. The big problem to make this happen is getting people to move out.
In this neighbourhood, 58% of the housing stock is single family houses, 31% rowhouses and 10% semi-style. 22% of the population is under 20, 18% are 65+. English is the dominant language spoken at 82% and Portuguese at 5%.
Property Manager
Thorne 519-660-1904 / A smaller number of units are Self Managed
