2809-159 Wellesley Street, Toronto, ON

Cabbagetown-South St. James Town, Toronto · MLS® C13814920

$432,000
For Sale
Listed 27 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
0Parking
0-499Sq ft

About this home

In short

  • 1 + 1 Condo Unit In Downtown Toronto.
  • Close To U Of T, Ryerson, Bloor, Yorkville, And Subway.

1 + 1 Condo Unit In Downtown Toronto. Floor-To-Ceiling Window. Den with Window. Wrap-Around Balcony, Modern Kitchen With Quartz Countertop, Integrated Appliances. Unobstructed Views Of Downtown Core And The Lake. Close To U Of T, Ryerson, Bloor, Yorkville, And Subway. 1 Locker.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13814920
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
0-499 sq ft
Cross streets
Wellesley St E / Sherbourne
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$499/mo
Exposure
North West
Property tax
$2,570 / 2026
Days on market
27
Listing brokerage
RE/MAX REALTRON REALTY INC.

Rooms

KitchenGround0.00 × 0.00 m

laminate · open concept

BedroomGround0.00 × 0.00 m

laminate · closet

Dining RoomGround0.00 × 0.00 m

laminate · combined w/living

Bedroom 2Ground0.00 × 0.00 m

laminate · w/o to balcony

Living RoomGround0.00 × 0.00 m

laminate · window floor to ceiling · combined w/dining

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
$432kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

Per square foot, these ask about $1,067/sqft; this home lists at $1,731/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
432kThis home359k350k445k468k539kThis 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
$1,969/mo
$95KIncome needed
4.5×Price ÷ income
$454Weekly cost
$10,230Land 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 $1,969Property tax $214Condo fee $499Total carry $2,682

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)
$1,911per month

Mortgage amount $345,600 · 4.49% over 25 years

$86,400Down payment (20.0%)
$345,600Loan before insurance
$0CMHC premium
$2,624Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,911
Property tax
$214
Condo / maintenance fees
$499
Heating
$0
Estimated monthly cost
$2,624

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$5,115
Toronto municipal land transfer tax
$5,115
Estimated closing costs
$10,230

Plus your down payment of $86,400. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,313/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

$227,665Total interest paid
$573,265Total of all payments
Principal $345,600 Interest $227,665
YearPrincipalInterestBalance
1$7,712$15,218$337,888
2$8,062$14,868$329,825
3$8,429$14,502$321,397
4$8,811$14,119$312,585
5$9,211$13,719$303,374
6$9,630$13,301$293,745
7$10,067$12,864$283,678
8$10,524$12,407$273,154
9$11,002$11,929$262,152
10$11,501$11,429$250,651
11$12,023$10,907$238,628
12$12,569$10,361$226,058
13$13,140$9,791$212,918
14$13,737$9,194$199,182
15$14,360$8,570$184,822
16$15,012$7,918$169,809
17$15,694$7,237$154,115
18$16,406$6,524$137,709
19$17,151$5,779$120,557
20$17,930$5,000$102,627
21$18,744$4,186$83,883
22$19,595$3,335$64,288
23$20,485$2,446$43,803
24$21,415$1,515$22,387
25$22,387$543$0

At the end of your 5-year term

Total paid over the term
$114,653
Principal paid down
$42,226
Interest paid
$72,427
Balance remaining
$303,374

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$3,000/mo
$36,000Gross annual rent
5.3%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.

8.3%
Gross yield
− Property tax $2,570− Condo fees $5,992− Insurance $600− Vacancy & upkeep $3,960Net operating income $22,877

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

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