225 Wellesley Street E
Building Details
Listing History for The Star of Downtown
Amenities
Maintenance Fees
About 225 Wellesley Street E — The Star of Downtown
As far as names go — The Star of Downtown might be a little on the nose, but this 12-storey condominium has the amenities and location to live up to its lofty name. Situated at 225 Wellesley St E in the Cabbagetown neighbourhood, this property offers well-finished units at affordable prices.
225 Wellesley St E provides some nice amenities — gym, sauna, party room, meeting room, rooftop deck with amazing views, and parking garage. There are buildings in the area with offer more in the way of extras, but that is often reflected in higher maintenance fees.
Whether you’re in the market for a 1 bedroom or a 2 bedroom + den — The Star of Downtown has affordable units in a variety of layouts. This building is an ideal choice for first-time homebuyers and young professionals who want a comfortable home in downtown Toronto, with plenty of nearby options for entertainment and convenient TTC service close-by.
The Suites
The Star of Downtown was built in 2009 and is home to 184 modern units; Toronto condos for sale here have desirable features like hardwood floors, granite countertops, stainless steel appliances, ensuite laundry, and private balconies.
At 225 Wellesley Street suites vary in size from 519 square feet for a 1 bedroom unit to 980 for a 2 bedroom + den; these suites are on the lower end of price per square foot in the city, meaning that prospective buyers get more bang for their buck. All suites are bright and spacious thanks to large windows and open-concept layouts.
The Star of Downtown is a pet-friendly building, so animal lovers are free to bring along their furry companion; the Rosedale Ravine Lands are not far to your east, ideal for dog owners who love to take their pooch on a long walk.
The Neighbourhood
Sitting on the northern edge of Cabbagetown, 225 Wellesley straddles the border between the neighbourhoods of St. James Town and Cabbagetown. The Star of Downtown looks a little out of place next to quiet residential roads like Ontario Street and Becker Street — due to its considerable size — but that just means that residents get the benefit of a quieter area, without sacrificing convenience.
From your condo at 225 Wellesley, you have great restaurants to your east on Parliament; there’s Red Cranberries Restaurant for seafood and burgers, Butter Chicken Factory for Indian cuisine, Kingyo for Japanese, and Peartree Restaurant for a diverse international menu. If you’re in a hurry and need something quick, you have Subway, Pizza Pizza, and Tim Hortons just around the corner.
For entertainment, there are pubs nearby such as Alice's Place on Parliament and Stout Irish Pub on Carlton. You can head west to Yonge-Dundas Square for movies and events. Church - Toronto isn't far for concerts at Massey Hall, shows at the Ed Mirvish Theatre, or dazzling displays of artistic ability at Gallery Arcturus and Gallery260.
Shopping enthusiasts can head north to Bloor and enjoy upscale boutiques for Gucci, Prada, Tiffany & co, Brooks Brothers and more. For more selection, you can stroll to Wellesley Station for the subway and arrive at the Eaton Centre in less than 15 minutes.
Transportation
225 Wellesley St E has a 94 Walk Score, so residents of this building can complete most errands without a vehicle or public transit; there’s a Food Basics across the street for grocery pickups, and for prescriptions there’s Medicare Drug Mart and Dale's Pharmacy on Parliament.
Those who rely on public transit have buses right outside their door on Wellesley, and on Parliament, Sherbourne, and Carlton as well.
Drivers have quick access to the Don valley Parkway by going north on Parliament to Bloor, and then east for the Danforth on-ramp. If you need the QEW, head south to the Lower Jarvis for the Gardiner Expressway.
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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
Maintenance Fees
Building Trends At The Star of Downtown
Days on Strata
List vs Selling Price
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High Demand
Transaction Insights at 225 Wellesley Street E
1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | |
---|---|---|---|---|
Price Range | No Data | $555,000 - $560,000 | $709,000 | $782,000 |
Avg. Cost Per Sqft | No Data | $830 | $841 | $841 |
Price Range | $2,275 - $2,400 | $1,050 - $2,500 | $2,800 | No Data |
Avg. Wait for Unit Availability | 313 Days | 115 Days | 90 Days | 285 Days |
Avg. Wait for Unit Availability | 300 Days | 172 Days | 186 Days | 363 Days |
Ratio of Units in Building | 15% | 28% | 45% | 14% |
Unit Sales vs Inventory
Total number of units listed and sold in Cabbagetown