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406 - 159 WELLESLEY STREET E, Toronto (Cabbagetown-South St. James Town) — listed at $539,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
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. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Dining room | Flat | 78.94 x 32.81 meters |
| Living room | Flat | 78.94 x 32.81 meters |
| Den | Flat | 37.4 x 19.85 meters |
| Primary Bedroom | Flat | 32.81 x 29.53 meters |
| Kitchen | Flat | 78.94 x 32.81 meters |
Is this a good starter home?+
At $539,000, this is priced in starter-home territory for Toronto (Cabbagetown-South St. James Town). With multiple bedrooms, it has room to grow into. Factor in condo fees when calculating your true monthly cost.
What do the condo/maintenance fees cover?+
The $719.06/mo fee covers: Common Area Maintenance, Insurance, Parking.
Could this work as an investment property?+
The basement description mentions: None, Apartment in basement, N/A. If it has a separate entrance, there may be rental income potential — but verify zoning and whether a legal second unit is permitted in Toronto (Cabbagetown-South St. James Town) before counting on it.
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.
Who is 406 - 159 WELLESLEY STREET E best suited for?+
With 2 bedrooms and 1 bathroom, this is ideal for a couple, a small family, or as a low-maintenance investment property.
What's the parking situation?+
This property includes 1 space — Garage, Underground.
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