Maintenance Fees
159SW Condominium vs The Cabbagetown Area
2211 - 159 Wellesley St E
$539,0001 bd1 ba0 pk574 sqft
For Sale159SW Condominium
5.0
3 Days on Strata
$539,000
1 Bed + 1
1 Bath
0 Parking
574 SQFT
Listing History
Unit Highlights
Property Type:
Condo
Maintenance Fees:
$568/mth
Taxes:
$2,732 (2024)
Cost Per Sqft:
$939/sqft
Outdoor Space:
Balcony
Locker:
Owned
Exposure:
North
Possession Date:
90 days TBA
Amenities
Bike Storage
BBQs Allowed
Rooftop Deck
Guest Suites
Sauna
Gym Room
Visitor Parking
Games Room
Party Room
Concierge
About this Listing
Bright and spacious 1+den condo that has been lovingly owner-occupied and never been leased! Featuring floor-to-ceiling windows that flood the living space and bedroom with natural light. This unit offers a versatile den perfect for a home office, guest room, or extra living space. With a smart, efficient layout and no wasted space, you'll also enjoy your own private balcony an ideal spot for morning coffee with a view! Fantastic option for a first time buyer, upgrading from a smaller space or addition to your investment portfolio! This prime location offers unbeatable convenience to shops, entertainment and restaurants. Easy access to U of T, Toronto Metropolitan University, Wellesley Subway Station, and the Financial District. Indulge in five-star amenities, including a 24/7 concierge, bike room, state-of-the-art gym, yoga studio, sauna, 360 outdoor running track, study room, and party spaces.
ExtrasExisting Fridge, Stove, Dishwasher, Washer and Dryer, All window coverings, All Electrical Light Fixtures
re/max ultimate realty inc.MLS® #C12056084
Fees & Utilities
Maintenance Fees
Included in Fees
Heat
Building Maintenance
Not Included
Hydro
Air Conditioning
Water
Utility Type
Air Conditioning
Central Air
Heat Source
No Data
Heating
Forced Air
Room Dimensions
Living
Combined with Dining, Open Concept, Windows Floor to Ceiling
10.01 x 10.01ft
Dining
Combined with Living, Open Concept, Laminate
10.01 x 10.01ft
Kitchen
Stainless Steel Appliances, Open Concept
14.17 x 8.07ft
Bedroom
Windows Floor to Ceiling, Walkout To Balcony, Double Closet
10.34 x 10.01ft
Den
Laminate
11.25 x 6ft
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.
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
Household Income
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
56
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance 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 againProperty Value
-11%
Decrease in property value within the past twelve months
Price Ranking
2nd
Highest price per SQFT out of 37 condos in the Cabbagetown area
Sold Units
7
Units were Sold over the past twelve months
Rented Units
75
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 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|
| Price Range | $525,000 - $575,000 | $508,000 - $615,000 | No Data | No Data | $834,500 |
| Avg. Cost Per Sqft | $953 | $945 | No Data | No Data | $1,017 |
| Price Range | $2,000 - $2,500 | $2,200 - $2,650 | $2,300 - $3,150 | No Data | $3,600 - $4,850 |
| Avg. Wait for Unit Availability | 74 Days | 76 Days | 388 Days | No Data | 145 Days |
| Avg. Wait for Unit Availability | 11 Days | 10 Days | 25 Days | No Data | 29 Days |
| Ratio of Units in Building | 35% | 36% | 19% | 1% | 11% |
Market Inventory
Total number of units listed and sold in Cabbagetown
