406-159 Wellesley Street, Toronto, ON
Cabbagetown-South St. James Town, Toronto · MLS® C13864120
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About this home
In short
- Discover the comfort and convenience of 406-159 Wellesley St.
- With 609 sq. ft. of smartly used space, this home features a welcoming primary bedroom with balcony walk-out, plus a den perfect for your office or creative corner.
- Buyer can assume the Tenants or vacant possession with 60 days' notice.
Discover the comfort and convenience of 406-159 Wellesley St. E., a stylish condo come with a parking and oversize locker. With 609 sq. ft. of smartly used space, this home features a welcoming primary bedroom with balcony walk-out, plus a den perfect for your office or creative corner. An in-suite washer/dryer adds everyday ease. Residents enjoy a full suite of amenities, including a gym, sauna, games and party rooms, rooftop deck and garden, guest suite, BBQ area, and concierge. Buyer can assume the Tenants or vacant possession with 60 days' notice. Photos show the unit before and during tenancy.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13864120
- Bedrooms
- 1+1 (2 total)
- Bathrooms
- 1
- Size
- 600-699 sq ft
- Cross streets
- Wellesley and Sherbourne
- Parking
- 1 garage (underground)
- Basement
- Apartment, None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Maintenance
- $719/mo
- Exposure
- South East
- Property tax
- $3,246 / 2026
- Days on market
- 12
- Listing brokerage
- RE/MAX EXCEL REALTY LTD.
Rooms
combined w/kitchen · combined w/living · laminate
w/o to balcony · large window · combined w/dining
w/o to balcony · closet · laminate
backsplash · stainless steel appl · combined w/dining
No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.
Considering this property? Request a written price readIts 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.
Neighbourhood & location
Cabbagetown-South St. James Town, Toronto, ON
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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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.
Mortgage amount $431,200 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $2,384
- Property tax
- $271
- Condo / maintenance fees
- $719
- Heating
- $0
- Estimated monthly cost
- $3,374
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $7,255
- Toronto municipal land transfer tax
- $7,255
- Estimated closing costs
- $14,510
Plus your down payment of $107,800. 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
- $143,051
- Principal paid down
- $52,685
- Interest paid
- $90,366
- Balance remaining
- $378,515
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 RE/MAX EXCEL REALTY LTD.. MLS®/PropTx.