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2603 - 159 WELLESLEY STREET E, Toronto (Cabbagetown-South St. James Town) — listed at $499,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
Rarely offered on the market. A spacious 1BR with parking! Welcome to 159 Wellesley St E. This 1-bedroom, 1-bathroom suite features 631 sq. ft. of thoughtfully designed living space with ~9-ft ceilings, quality finishes, and stunning 26th-floor views. Residents enjoy an incredible lifestyle with standout building amenities, including a unique 360-degree outdoor running track, 24-hr fitness studio, yoga studio, zen-inspired sauna, games room with billiards, party room, outdoor BBQs, Wi-Fi lounge, guest suites, visitor parking, and a 24-hr concierge. Located on the edge of historic Cabbagetown, you are steps from TTC transit, with Sherbourne Station just an 8-minute walk away. Everyday essentials are right at your doorstep, including FreshCo, Food Basics, local markets, and the Cabbagetown Farmers' Market just 4 to 8 minutes away. Make this beautiful condo your home today! *Some photos are virtually staged.* (id:60164)
What do the condo/maintenance fees cover?+
The $737.67/mo fee covers: Common Area Maintenance, Insurance.
Is this a good starter home?+
At $499,900, this is priced in starter-home territory for Toronto (Cabbagetown-South St. James Town). Factor in condo fees when calculating your true monthly cost.
What's the parking situation?+
This property includes 1 space — Garage, Underground.
How is the home heated? Is it efficient?+
Heating is forced air, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $3,606.37, a condo/maintenance fee of $737.67/mo, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
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