3201-159 Wellesley Street, Toronto, ON
Cabbagetown-South St. James Town, Toronto · MLS® C13033434
About this home
Welcome to 159 SW Condo! This rare and spacious 598 sq. ft. one-bedroom condo features extra-wide floor-to-ceiling windows, filling the expansive living room with natural light and creating a warm and inviting home atmosphere. The building offers top-notch amenities, including a 24-hour gym, yoga room, and party room, ensuring a high-quality living experience. Ideally located, it is within walking distance to the University of Toronto and Bloor Street, with supermarkets and restaurants just steps away, making daily life incredibly convenient. Whether you are a student, a professional, or an investor, this is the perfect choice! Internet included in condo fee! Listing photos are virtually staged.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13033434
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 500-599
- Cross streets
- Wellesley/Sherbourne
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $541/mo
- Exposure
- North East
- Property tax
- $2,994 / 2025
- Days on market
- 91
- Listing brokerage
- BESTLIVING SIGNATURE REALTY INC.
Listed at $468,000, and my independent estimate is right in line with comparable homes.
In Cabbagetown-South St. James Town lately, sellers get about 95% of asking; homes sell in ~31 days · prices down 11% YoY.
Total price vs nearby homes. Fair value about $468K, median of 5 comparables.
How this estimate is builtthe short version
I take the 5 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $496K, a close match.
Based on 5 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 13% above the area average of $753/sqft.
90 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Cabbagetown-South St. James Town, Toronto, ON
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $374,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,998
- Property tax
- $250
- Condo / maintenance fees
- $541
- Heating
- $0
- Estimated monthly cost
- $2,788
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $5,835
- Toronto municipal land transfer tax
- $5,835
- Estimated closing costs
- $11,670
Plus your down payment of $93,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $119,876
- Principal paid down
- $47,680
- Interest paid
- $72,196
- Balance remaining
- $326,720
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BESTLIVING SIGNATURE REALTY INC.. MLS®/PropTx.