pin_buy159 Wellesley St E
2Listings for Salefor Sale
3Listings for Rentfor Rent
building_buy159SW Condominium
pin_buy159 Wellesley St Eexpand addresses list
    building_buy159SW Condominium
    2Listings for Salefor Sale
    3Listings for Rentfor Rent
    Walkability
    10/10
    Transit
    9/10
    Bikeability
    7/10
    © MapTiler © OpenStreetMap
    0
    CONDO Demand
    high
    Unit Availability
    low
    Property Type
    Condo
    Developer
    Alterra Group
    Condo Completion
    2019
    Property Management
    Unknown
    Unit Size Range
    400 - 1164 SQFT
    Number of Units
    362
    Number of Storeys
    36

    159 Wellesley St E, Toronto

    About this condo

    Condo Overview

    Located at 159 Wellesley Street East, on the corner of Wellesley and Sherbourne, this 36-storey building contains 364 downtown Toronto condos and offers an array of modern amenities; high speed modems are included in all suites, there's a full fitness studio, a relaxing sauna, yoga room, game zones with foosball and billiards, outdoor BBQ space, bicycle parking and repair room, a wrap around outdoor track, and much more.

    159SW Condominium has a sleek, dark metal and glass exterior, with stylized windows to give the building a textured look. Toronto condos for sale here start in the 500s for smaller condos, up to $800,000 for larger suites. Given that this is a new building in an excellent neighbourhood, there's good investment opportunity in these condos.

    The Suites

    159SW Condominium offers 1 bedroom, 1 bedroom + den, 2 bedroom, and 3 bedroom condos. There are a lot of different layouts to choose from, as 1 bedroom units are based on ten unique blueprints, with sizes that range from 470 to 648 square feet for a 1 bedroom + den. 2 bedroom condos vary from 668 to 838, and 3 bedroom units are 872 sq. ft.

    All units feature modern fixtures and forward thinking design touches. Cabinets have integrated LED lights, windows are insulated and energy efficient, the majority of units have wide plank laminate flooring leading to less heat loss versus tile. Units come with stainless steel appliances, and glossy cabinets.

    The Neighbourhood

    Cabbagetown is an eclectic neighbourhood that provides its community with a wealth of options for food, nightlife, recreation and adventure. There are many restaurants in the area, like The Blake House, Mr. Jerk, and the Butter Chicken Factory. There's also a nearby Dominos if you’re in the mood for delivery.

    For nightlife, there is the Phoenix Concert Theatre just a short walk south on Sherbourne, or The Danforth Music Hall on the other side of the Don River; there you can see the best band that nobody knows about, and the occasional big name too. Yonge street and its vibrant nightlife is only a few blocks west, with a vast selection of nightclubs and pubs to choose from.

    There are a ton of recreation opportunities for this community. To start, Wellesley community centre it just a stone throws from your front door — you’ll probably have to have a good arm — with basketball courts that are perfect for a pickup game. The Rosedale Ravine is just to the east and is a great location to go for a bike ride or a run.

    Green spaces will not be a problem at 159 Wellesley, Wellesley-Magill Park, Winchester Park, and Barbara Hall Park are close by.

    Transportation

    159 Wellesley St. is a very walkable location, posting a Walk Score of 95. Pedestrians should be able fulfill most of their essential errands without public transit. For those who use the TTC, there is a nearby bus stop which will quickly connect you to the TTC network.

    Parking spots are available at an additional cost for those interested. Drivers can reach the Don Valley Parkway in minutes by taking the Danforth on-ramp, making this location extremely drivable.

    2

    Listings For Sale

    Interested in receiving new listings for sale?

    3

    Listings For Rent

    Amenities

    Visitor Parking
    Rooftop Deck/Garden
    Party/Meeting Room
    Bike Storage
    Games Room
    BBQ
    Concierge
    Gym
    Sauna
    Guest Suites

    Maintenance Fees Cover

    Maintenance fees include

    Water

    Owner / renter pays separately

    Hydro
    Heat
    Air Conditioning

    Past Sold & Rented Listings

    Stats, Trends & Rankings

    Price Per Square Foot
    159SW Condominium vs The Cabbagetown Area

    $199.00
    More Expensive
    per SQFT compared to the neighbourhood average
    159SW Condominium's Avg
    price per SQFT
    $1,167
    / SQFT
    Neighbourhood Avg
    price per SQFT
    $968
    / SQFT

    Building Trends At 159SW Condominium

    Days on Market

    Units at 159SW Condominium spend an average of
    7
    Days on Market
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    8%
    above
    the list price.

    Offer Competition

    Condos in this building have a

    HIGH
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 29 condos in the Cabbagetown area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    171
    Units were Rented over the past twelve months

    Best Value

    159SW Condominium offers the
    ?
    best value out of 29 condos in the Cabbagetown neighbourhood

    Return on Investment

    159SW Condominium has the
    ?
    highest ROI out of 29 condos in the Cabbagetown neighbourhood

    Rental Yield

    159SW Condominium yields the
    ?
    highest rent prices out of 29 condos in the Cabbagetown neighbourhood

    High Demand

    159SW Condominium is the
    ?
    most popular building out of 29 condos in the Cabbagetown neighbourhood

    Sales vs Rental Values For This Condo

    1 Bed400 - 649 SQFT
    Average Cost Per Sqft$1,028
    Sales Price Range$615,000 - $615,000
    Rental Price Range$1,800 - $2,200
    1 Bed + Den400 - 649 SQFT
    Average Cost Per Sqft$1,101
    Sales Price Range$647,000 - $647,000
    Rental Price Range$1,850 - $2,450
    2 Bed500 - 749 SQFT
    Average Cost Per Sqft
    N/A
    Sales Price Range
    N/A
    Rental Price Range$2,000 - $2,850
    3 Bed815 - 883 SQFT
    Average Cost Per Sqft$1,092
    Sales Price Range$985,000 - $1,000,000
    Rental Price Range$3,200 - $4,100

    How Often Are Units Listed?

    1 Bed400 - 649 SQFT
    Average Sales Availability
    N/A
    Average Rental Availability
    Every5Days
    Ratio of Unit Type in Building36%
    1 Bed + Den400 - 649 SQFT
    Average Sales Availability
    N/A
    Average Rental Availability
    Every5Days
    Ratio of Unit Type in Building36%
    2 Bed511 - 749 SQFT
    Average Sales Availability
    N/A
    Average Rental Availability
    Every10Days
    Ratio of Unit Type in Building18%
    2 Bed + Den
    Average Sales Availability
    N/A
    Average Rental Availability
    N/A
    Ratio of Unit Type in Building1%
    3 Bed815 - 883 SQFT
    Average Sales Availability
    Every9Days
    Average Rental Availability
    Every16Days
    Ratio of Unit Type in Building12%

    Maintenance Fees
    159SW Condominium vs The Cabbagetown Area

    $0.11
    Less Expensive
    per SQFT compared to the neighbourhood average
    159SW Condominium's Avg
    monthly maintenance
    fee per SQFT
    $0.69
    / SQFT
    Neighbourhood Avg
    monthly maintenance
    fee price per SQFT
    $0.80
    / SQFT

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