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    for sale
    64 Days on Strata
    Est Sell Timeframe:
    22 Days

    1601 - 159 Wellesley St E

    $548,888
    1 Bed + 1
    1 Bath
    1 Parking
    600 - 699 SQFT
    Strata is Hiring Realtors | Apply Now

    Price History


    Maintenance Fees:
    $733/mth
    Taxes:
    $3,290 (2024)
    Property Type:
    Condo
    Cost Per Sqft:
    $785 - $915/sqft
    Outdoor Space:
    Balcony
    Locker:
    Owned
    Possession Date:
    TBD
    Exposure:
    North

    Amenities

    Games Room
    Gym
    Guest Suites
    Party Room
    Media Room
    Sauna

    About this Listing

    159 Wellesley isn't just a building, it's a lifestyle. Welcome to this bright, modern 1-bedroom + den suite with quiet city views from high above. Featuring a chic neutral colour palette, laminate flooring throughout, and floor-to-ceiling windows that flood the space with natural light. The sleek kitchen serves up stainless steel and integrated appliances, stone counters, backsplash, ample counter and cupboard space perfect for everything from meal prepping to midnight snacks. The open-concept vibe flows into the living/dining area with high ceilings adding to the airy feel. The living room and spacious primary bedroom both walk out to a private balcony. Primary also features a double closet. The open-concept den easily doubles as an office or une petite chambre. The stunning 4-piece bath features a glass shower and modern finishes that feel a little bit spa, a little bit boutique hotel. Bonus: owned parking and locker included. Park your car, or rent them out and lower your monthly mortgage payments. Building amenities rival any 5-star hotel: 24-hour security, gym, sauna, rec room with billiards, ping pong and fooseball, media room, outdoor walking track, and a 360 terrace ideal for BBQs, picnics, and sun-soaked socializing. All this, just steps to TTC, subway, Eaton Centre, TMU, Jarvis Collegiate, trendy restaurants, and more. Ideal for first timers, investors, singles, couples, or pied-a-terre. Why? Because everyone deserves a taste of luxury living.

    ExtrasS/S and Integrated Kitchen Appliances; Washer and Dryer; Window Coverings, Electric Light Fixtures, Fixed Mirror, All Flooring Where Laid, Closet Organizers, Digital Thermostat, 1 Parking and 1 Locker. Just Professionally painted.

    sutton group-admiral realty inc.MLS® #C12415299

    Utilities & Inclusions

    Hydro
    Not Included
    Heat
    Not Included
    Air Conditioning
    Not Included
    Water
    Not Included
    Parking
    Included
    Building Maintenance
    Included
    Building Insurance
    Included
    Heating Type
    Fan Coil
    Heat Source
    Gas
    Air Conditioning Type
    Central Air

    Dimensions


    Foyer
    7.09 x 4.07ft
    Laminate, Double Closet
    Kitchen
    14.4 x 8.01ft
    Stainless Steel Appliances, Backsplash, Open Concept
    Living
    13.16 x 10.01ft
    Walkout To Balcony, Large Window, Laminate
    Dining
    7.38 x 4.92ft
    Combined with Kitchen, Track Lights, Laminate
    Primary
    10.17 x 10.01ft
    Walkout To Balcony, Double Closet, Laminate
    Den
    11.25 x 6ft
    Open Concept, Laminate

    Buyer's Market
    Balanced
    Seller's Market

    Building Spotlight

    Similar Listings

    Explore Cabbagetown

    Map

    © OpenStreetMap
    map of location
    View My Travel Time
    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.

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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
    15,212
    Average Individual Income
    $67,505
    Average Household Size
    3 persons
    Average Age
    47
    Average Household Income
    $115,353
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    18%
    50 - 64
    23%
    65+
    21%
    Household Income
    $0 - $30,000
    48%
    $30,000+
    23%
    $60,000+
    13%
    $90,000+
    8%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    41%
    Semi Detached
    28%
    High Rise Apartment
    15%
    Low Rise Apartment
    8%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    73%
    Mandarin
    12%
    Cantonese
    9%
    Tagalog
    2%
    French
    1%
    Arabic
    1%
    Spanish
    1%
    Armenian
    1%
    Education
    University and Above
    34%
    High School
    26%
    College
    16%
    None
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    18%
    Health & Related Fields
    12%
    Social Sciences
    12%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%


    Days on Strata

    Units at 159SW Condominium spend an average of
    45
    Days on Strata
    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
    compared to other buildings in Cabbagetown

    Turnover of Units

    On average, each unit is owned for
    5
    YEARS before being sold again

    Property Value

    0%
    Decrease in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 42 condos in the Cabbagetown area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    70
    Units were Rented over the past twelve months

    Best Value Rank

    159SW Condominium offers the
    ?
    best value out of 42 condos in the Cabbagetown neighbourhood

    Appreciation Rank

    159SW Condominium has the
    ?
    highest ROI out of 42 condos in the Cabbagetown neighbourhood

    Rental Yield

    159SW Condominium yields the
    ?
    highest rent prices out of 42 condos in the Cabbagetown neighbourhood

    High Demand

    159SW Condominium is the
    ?
    most popular building out of 42 condos in the Cabbagetown neighbourhood

    Market Insights

    Transaction Insights at 159SW Condominium

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$430,000 - $575,000$650,000$515,000No Data$810,000 - $834,500
    Avg. Cost Per Sqft$867$1,138$981No Data$1,011
    Avg. Wait for Unit Availability81 Days89 Days243 DaysNo Data153 Days
    Ratio of Units in Building35%36%19%1%10%

    Market Inventory

    Total number of units listed and sold in Cabbagetown