159 Wellesley Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Cabbagetown-South St. James Town. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $549,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 600-699 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 159 SW Condo. Unobstructed and forever view of Lake Ontario, the Toronto Skyline & the iconic CN Tower. 1.5 Km To University Of Toronto, 2Km To Toronto Metropolitan University and Ted Rogers Management offices. 7 Minute Walk To Yonge/Wellesley Subway & Bloor/Sherbourne Subway. Large 1 Bedroom Plus Den with 2 Full washrooms. Den can easily be used as a second bedroom. 648 Interior square feet plus balcony. Bright and spacious. One of the most efficient floor plans in the building. Recently renovated. Floors & painting completed in 2026. Professionally cleaned. 24-Hour Concierge, Pet Wash Station, Great Facilities: Fully Equipt Indoor Fitness Studio W/Yoga Room & Zen Inspired Sauna, Locker Included.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 159 Wellesley Street 2806, Toronto C08, ON M4Y 0H5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $549,000 in Toronto, the legal minimum down payment is $29,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $7,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,455 also applies, bringing the total estimated land transfer taxes to $14,910.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
