3201-159 Wellesley Street, Toronto, ON

Cabbagetown-South St. James Town, Toronto · MLS® C13033434

$468,000
For Sale
Listed 179 days agoNo offer date statedSitting longer than typical
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1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

In short

  • 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...
  • The building offers top-notch amenities, including a 24-hour gym, yoga room, and party room, ensuring a high-quality living experience.

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 sq ft
Cross streets
Wellesley/Sherbourne
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$545/mo
Exposure
North East
Property tax
$2,994 / 2025
Days on market
179
Listing brokerage
BESTLIVING SIGNATURE REALTY INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Its public catchment (Jesse Ketchum Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

What sellers nearby are askingCurrently listed nearby in Cabbagetown-South St. James Town · asking prices
$471kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $767/sqft; this home lists at $852/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
468kThis home445k469k500kThis home vs active comparables

Neighbourhood & location

Cabbagetown-South St. James Town, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

North St. James Town
$649K
Moss Park
$495K
Church-Yonge Corridor
$580K
Annex
$1.03M
Kensington-Chinatown
$600K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Church Street Junior Public School
73%
Church Street Junior Public SchoolPublic · Elementary · 0.5 km awayAround the GTA average · 73% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
St Martin Catholic School(OL of Lourdes · Catholic elementary0.1 km
Jarvis Collegiate Institute · Public secondary0.2 km · 57% at standard
Winchester Junior and Senior Public School · Public elementary0.3 km · 76% at standard
Msgr Fraser College (Isabella Campus) · Catholic secondary0.4 km
Rose Avenue Junior Public School · Public elementary0.4 km · 46% at standard
Native Learning Centre · Public secondary0.5 km
St Martin Catholic School (St.Martin) · Catholic secondary0.8 km
Lord Dufferin Junior and Senior Public School · Public elementary0.9 km · 55% at standard
Sprucecourt Junior Public School · Public elementary0.9 km · 59% at standard
Rosedale Heights School of the Arts · Public secondary1.1 km · 80% at standard
St Joseph's College School · Catholic secondary1.1 km · 76% at standard
St Michael's Choir (Jr) School · Catholic elementary1.3 km · 98% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,133/mo
$103KIncome needed
4.5×Price ÷ income
$492Weekly cost
$11,670Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

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.

73%mortgage
Mortgage $2,133Property tax $250Condo fee $545Total carry $2,927

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

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,070per month

Mortgage amount $374,400 · 4.49% over 25 years

$93,600Down payment (20.0%)
$374,400Loan before insurance
$0CMHC premium
$2,865Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,070
Property tax
$250
Condo / maintenance fees
$545
Heating
$0
Estimated monthly cost
$2,865

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

6.49%Qualifying rate
$2,506/monthPayment at the qualifying rate

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

$246,637Total interest paid
$621,037Total of all payments
Principal $374,400 Interest $246,637
YearPrincipalInterestBalance
1$8,355$16,486$366,045
2$8,734$16,107$357,311
3$9,131$15,711$348,180
4$9,546$15,296$338,634
5$9,979$14,863$328,655
6$10,432$14,409$318,223
7$10,906$13,936$307,318
8$11,401$13,441$295,917
9$11,918$12,923$283,998
10$12,460$12,382$271,539
11$13,025$11,816$258,513
12$13,617$11,225$244,897
13$14,235$10,606$230,662
14$14,881$9,960$215,780
15$15,557$9,284$200,223
16$16,263$8,578$183,960
17$17,002$7,840$166,958
18$17,774$7,068$149,185
19$18,581$6,261$130,604
20$19,424$5,417$111,179
21$20,306$4,535$90,873
22$21,228$3,613$69,645
23$22,192$2,649$47,453
24$23,200$1,642$24,253
25$24,253$588$0

At the end of your 5-year term

Total paid over the term
$124,207
Principal paid down
$45,745
Interest paid
$78,463
Balance remaining
$328,655

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.

Let's connect

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

Rental yield
Estimate$1,700/mo
$20,400Gross annual rent
1.7%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

4.4%
Gross yield
− Property tax $2,994− Condo fees $6,536− Insurance $600− Vacancy & upkeep $2,244Net operating income $8,026

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of BESTLIVING SIGNATURE REALTY INC.. MLS®/PropTx.

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