159 Wellesley Street E
Building Details
Listing History for 159SW Condominium
Amenities
Maintenance Fees
About 159 Wellesley Street E — 159SW Condominium
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.
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Price Cut: $200 (Dec 9)
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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.
Price Trends
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Building Trends At 159SW Condominium
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Transaction Insights at 159 Wellesley Street E
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|---|---|
Price Range | $525,000 - $580,000 | $508,000 - $615,000 | $540,000 | No Data | $834,500 |
Avg. Cost Per Sqft | $1,059 | $940 | $999 | No Data | $1,017 |
Price Range | $2,000 - $2,500 | $2,200 - $2,700 | $2,300 - $3,150 | No Data | $3,600 - $4,850 |
Avg. Wait for Unit Availability | 82 Days | 70 Days | 388 Days | No Data | 145 Days |
Avg. Wait for Unit Availability | 11 Days | 10 Days | 23 Days | No Data | 29 Days |
Ratio of Units in Building | 34% | 37% | 19% | 1% | 11% |
Unit Sales vs Inventory
Total number of units listed and sold in Cabbagetown