$799,000

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#1308 159 Wellesley Street East, Toronto (Cabbagetown-South St. James Town) - Single Family for Sale

#1308 159 Wellesley Street East, Toronto (Cabbagetown-South St. James Town), Ontario, M4Y0H5

3 beds2 baths0 parking850 ft²$816/mo condo feeListed 163 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 850 sq ft of space.

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Description

Stunning 5-Year-New Corner Suite Featuring 3 Spacious Bedrooms And Floor-To-Ceiling Windows Offering Abundant Natural Light And Breathtaking Panoramic South Views Of Downtown Toronto. Enjoy Outdoor Living On The Expansive 200+ Sq Ft L-Shaped Balcony. Prime Downtown Location Just Steps To Wellesley Subway Station, Minutes To Bloor Street, Yorkville, U of T, OCAD, TMU (Ryerson), Financial District, YMCA, Restaurants, Shopping, And Everyday Amenities. High-Speed Internet Included In Maintenance Fees. Exceptional Building Amenities Include 24-Hour Concierge, Fully Equipped Gym, Study Room, Rooftop Deck, And Bicycle Storage. Perfect Opportunity For End Users Or Investors Seeking Luxury Urban Living In The Heart Of Toronto. Photos Are From Previous Listing. See Attached Floor Plan. (id:66096)

Property Details

MLS®: C13194830
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 850 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $816/mo
Fee Includes: Common Area Maintenance
Ownership: Condo/Strata
Property Tax: $3,500/yr
Listed: 163 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

163d

Toronto (Cabbagetown-South St. James Town) listings, avg age

57d

Price / ft²

$941

List price

$799K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 3-bed single family in Toronto (Cabbagetown-South St. James Town) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by JDL REALTY INC. · EVELYN HE

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4Y)

This home lists at $799,000, about 12.8× the local median household income of $62,400.

Carrying it typically needs a household income of about $156,073 (20% down, 25-yr amortization, stress-tested) — roughly 150% above the area median.

Median household income: $62,400
Population: 36,319
Median age: 33.2
Owner / renter: 29% / 72%
Avg. household size: 1.5

Source: Statistics Canada, 2021 Census (FSA M4Y)

$799,000· $941/ft²

For sale

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Full Cost Breakdown

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Down Payment6.87% · $54,900

Min 6.87%50%

Mortgage payment$4,125/mo

↳ CMHC premium ($29,764 capitalized)

Property tax (est.)$292/mo

Condo fee$816/mo

Total monthly$5,233

Cash Needed to Close

Down payment (6.87%)$54,900

Land transfer tax$24,910

Est. closing costs$4,897

Total cash needed$84,707

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#1308 159 Wellesley Street East, Toronto (Cabbagetown-South St. James Town) - Single Family for Sale

Description

Property Details

Features

Market Timing

Location

Nearby Places

Neighbourhood profile (M4Y)

Book a showing

Full Cost Breakdown