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407 - 225 Wellesley Street E

Cabbagetown, Downtown, Toronto

For SaleThe Star of Downtown

$619,900

1 Bed + 1

2 Bath

1 Parking

675 SQFT

82 Days on Strata

Est Sell Timeframe

15 Days

Listing History

Unit Highlights

Property Type:

Condo

Cost Per Sqft:

$918/sqft

Maintenance Fees:

$545/mth

Taxes:

$2,119 (2023)

Locker:

Owned

Outdoor Space:

Balcony

Exposure:

North

Possession Date:

Immediately

Buyer's Market

Balanced

Seller's Market

Maintenance Fees

Included

Heat

Air Conditioning

Water

Parking

Building Insurance

Excluded

Hydro

Unit Details

Air Conditioning: Central Air
Heat Source: Gas
Heating: Forced Air
Ensuite Laundry: Yes

Room Dimensions

Bathroom

2 Piece Bath

8.37 x 3.02ft

Bathroom

5 Piece Ensuite

6.82 x 8.07ft

Den

8.76 x 8.01ft

About this Listing

3D TOUR IS AVAILABLE PLEASE CLICK ON MULTIMEDIA LINK FOR YOUR VIRTUAL OPEN HOUSE EXPERIENCE! Welcome to 225 Wellesley, with 675 SQ FT This condo is located in the heart of the city. Upon entry, you are greeted with natural light and an open concept kitchen, dining and living areas.The kitchen is equipped with a built-in dishwasher, refrigerator, and stove. the washer and dryer is also included in the sale of the property. This unit features two bathrooms, including a full bath and a convenient half bath.The main bedroom boasts two closets & an ensuite 5-piece bathroom. The den can also be used as a second bedroom or office. Walk out and enjoy the spacious balcony. A parking space and locker is included as well.Grocery stores and The TTC are just steps away, & over 5 public schools and a community centre attached to a Toronto Public Library are within walking distance.enjoy amenities such as a rooftop terrace, party hall, library, gym and sauna, along with 24/7 concierge service.

Extrasimmediate possession is available upon sale of property. OWNED PARKING SPOT AND LOCKER

exp realtyMLS® #C8080188

Amenities

Rooftop Deck

Gym Room

Party Room

BBQ

Rec Room

Sauna

Nearby Amenities

9/10

Walkability

Congratulations, you're the mayor of Walksville! Everything's at your doorstep.

9/10

Transit

So frequent, you might accidentally start collecting tickets.

7/10

Bikeability

The bike lane starts to feel like a second home.

Demographics

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

Population

15,212

Average Individual Income

$67,505

Average Household Size

3 persons

Average Age

Average Household Income

$115,353

Dominant Housing Type

Detached

Population By Age

Household Income

Housing Types & Tenancy

Detached

41%

Semi Detached

28%

High Rise Apartment

15%

Low Rise Apartment

Duplex

Marital Status

Commute

Languages (Primary Language)

Other

73%

Mandarin

12%

Cantonese

Tagalog

French

Arabic

Spanish

Armenian

Education

University and Above

34%

High School

26%

College

16%

None

15%

Apprenticeship

University Below Batchelor

Major Field of Study

Business Management

26%

Architecture & Engineering

18%

Health & Related Fields

12%

Social Sciences

12%

Math & Computer Sciences

Humanities

Physical Sciences

Education

Personal, Protective & Transportation Services

Visual & Performing Arts

Agriculture & Natural Resources

Price Trends

Building Trends At The Star of Downtown

Days on Strata

Units at The Star of Downtown spend an average of

Days on Strata

based on recent sales

List vs Selling Price

On average, these condos sell for

below

the list price.

Offer Competition

Condos in this building have an

AVERAGE

chance of receiving

Multiple Offers

Turnover of Units

On average, each unit is owned for

5.4

YEARS before being sold again

Property Value

-18%

Decrease in property value within the past twelve months

Price Ranking

10th

Highest price per SQFT out of 31 condos in the Cabbagetown area

Sold Units

Units were Sold over the past twelve months

Rented Units

Units were Rented over the past twelve months

Best Value Rank

The Star of Downtown offers the

best value out of 31 condos in the Cabbagetown neighbourhood

Appreciation Rank

The Star of Downtown has the

highest ROI out of 31 condos in the Cabbagetown neighbourhood

Rental Yield

The Star of Downtown yields the

highest rent prices out of 31 condos in the Cabbagetown neighbourhood

High Demand

The Star of Downtown is the

most popular building out of 31 condos in the Cabbagetown neighbourhood

Transaction Insights at 225 Wellesley Street E

	1 Bed	1 Bed + Den	2 Bed	2 Bed + Den
Price Range	$450,000	$560,000	No Data	No Data
Avg. Cost Per Sqft	$749	$842	No Data	No Data
Price Range	$2,275 - $2,400	No Data	$2,500 - $3,300	No Data
Avg. Wait for Unit Availability	308 Days	113 Days	62 Days	187 Days
Avg. Wait for Unit Availability	345 Days	183 Days	169 Days	344 Days
Ratio of Units in Building	15%	26%	46%	14%

Maintenance Fees

The Star of Downtown vs The Cabbagetown Area

407 - 225 Wellesley Street E

Listing History

Unit Highlights

Maintenance Fees

Unit Details

Room Dimensions

About this Listing

Amenities

Nearby Amenities

Demographics

Price Trends

Building Trends At The Star of Downtown

Days on Strata

List vs Selling Price

Offer Competition

Turnover of Units

Property Value

Price Ranking

Sold Units

Rented Units

Best Value Rank

Appreciation Rank

Rental Yield

High Demand

Transaction Insights at 225 Wellesley Street E

Maintenance Fees

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