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    Toronto / Cabbagetown

    404 - 159 WELLESLEY St E

    $598,8881 bd2 ba1 pk500 - 599 sqft
    For Sale159SW Condominium
    5.0
    2 Days on Strata
    Est Sell Timeframe:
    19 Days
    $598,888
    1 Bed + 1
    2 Bath
    1 Parking
    500 - 599 SQFT

    Listing History

    Details

    Property Type:

    Condo

    Maintenance Fees:

    $564/mth

    Taxes:

    $2,600 (2024)

    Cost Per Sqft:

    $1,000 - $1,198/sqft

    Outdoor Space:

    Balcony

    Locker:

    Owned

    Exposure:

    East

    Possession Date:

    30-60 days

    Amenities

    Concierge
    Visitor Parking
    Rooftop Deck
    Gym
    Guest Suites
    Sauna
    Bike Storage
    BBQs Allowed
    Party Room
    Games Room

    About this Listing

    Under Power of Sale! exceptional 1+1 bedroom, 2 bathroom condo offers the perfect blend of sophistication and convenience. Situated in the bustling downtown core, this unit includes the coveted features of 1 parking space and 1 locker to make city living a breeze. The primary bedroom is a serene sanctuary with its own ensuite bathroom, offering privacy and comfort. Theversatile den, or +1 bedroom, can serve as a home office, guest room, or a cozy reading nook -the choice is yours. An additional bathroom ensures convenience and comfort for both residents and guests. World-class dining, entertainment, shopping, and cultural experiences are at your doorstep. Whether you're looking to explore the vibrant nightlife, enjoy a leisurely stroll in a nearby park, or simply want to be at the center of it all, this condo offers you the ultimate urban lifestyle.

    ExtrasAll Elfs, Window Coverings, Refrigerator, stove, dishwasher, washer, dryer.

    re/max realty specialists inc.MLS® #C12084209

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room dimensions are not available for this listing.

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

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    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.

    Mortgage Calculator

    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%

    Building Trends At 159SW Condominium

    Days on Strata

    Units at 159SW Condominium spend an average of
    43
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Cabbagetown

    Turnover of Units

    On average, each unit is owned for
    4.9
    YEARS before being sold again

    Property Value

    -13%
    Decrease in property value within the past twelve months

    Price Ranking

    4th
    Highest price per SQFT out of 37 condos in the Cabbagetown area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    73
    Units were Rented over the past twelve months

    Best Value Rank

    159SW Condominium offers the
    ?
    best value out of 37 condos in the Cabbagetown neighbourhood

    Appreciation Rank

    159SW Condominium has the
    ?
    highest ROI out of 37 condos in the Cabbagetown neighbourhood

    Rental Yield

    159SW Condominium yields the
    ?
    highest rent prices out of 37 condos in the Cabbagetown neighbourhood

    High Demand

    159SW Condominium is the
    ?
    most popular building out of 37 condos in the Cabbagetown neighbourhood

    Market Insights

    Transaction Insights at 159SW Condominium

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$525,000 - $575,000$508,000 - $615,000No DataNo Data$834,500
    Avg. Cost Per Sqft$953$883No DataNo Data$1,017
    Avg. Wait for Unit Availability74 Days83 Days388 DaysNo Data145 Days
    Ratio of Units in Building35%36%19%1%11%

    Market Inventory

    Total number of units listed and sold in Cabbagetown