Maintenance Fees
159SW Condominium vs The Cabbagetown Area
2803 - 159 Wellesley St E
For Rent159SW Condominium
5.0
9 Days on Strata
$2,300/mth
1 Bed
1 Bath
0 Parking
631 SQFT
Listing History
2025 - Mar 24
for rent$2,300
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Unit Highlights
Property Type:
Condo
Possession Date:
June 1, 2025
Lease Term:
1 Year
Utilities Included:
No
Outdoor Space:
Balcony
Furnished:
No
Exposure:
North East
Locker:
Owned
About this Listing
Are you looking for a large modern 1-bedroom condo? Look no further; you have found the right condo! This luxurious one-bedroom 631 sq.ft. condo, with stunning views of the city, is the perfect unit for you. This condo unit features high ceilings and modern, high-quality finishes that will make you fall in love at first sight. With an unobstructed view of the city from the balcony, you'll never tire of the breathtaking scenery. This unit is conveniently located near both the University of Toronto and Ryerson University, making it the perfect choice for students or faculty members. Plus, with a short ~10-minute walk to the Yonge/Wellesley and Bloor/Sherbourne subway stations, you'll have easy access to all that Toronto has to offer. Be sure to check out the virtual tour attached!
right at home realty investments groupMLS® #C12041492
Features
Utilities Included
Rent Includes
Air Conditioning
Building Maintenance
Building Insurance
Excluded
Hydro
Heat
Water
Utility Type
- Air Conditioning
- Central Air
- Heat Source
- No Data
- Heating
- Forced Air
Amenities
Bike Storage
Rooftop Deck
Sauna
Guest Suites
Games Room
Visitor Parking
Concierge
Party Room
BBQs Allowed
Gym Room
Room Dimensions
Room dimensions are not available for this listing.
Renter's Market
Balanced
Landlord's Market
5.0
Building Spotlight
Similar Listings
Explore Cabbagetown
Commute Calculator
9/10
Walkability
Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
9/10
Transit
So frequent, you might accidentally start collecting tickets.
7/10
Bikeability
The bike lane starts to feel like a second home.
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
15,212
Average Individual Income
$67,505
Average Household Size
3 persons
Average Age
47
Average Household Income
$115,353
Dominant Housing Type
Detached
Population By Age
Household Income
Housing Types & Tenancy
Detached
41%
Semi Detached
28%
High Rise Apartment
15%
Low Rise Apartment
8%
Duplex
5%
Marital Status
Commute
Languages (Primary Language)
Other
73%
Mandarin
12%
Cantonese
9%
Tagalog
2%
French
1%
Arabic
1%
Spanish
1%
Armenian
1%
Education
University and Above
34%
High School
26%
College
16%
None
15%
Apprenticeship
3%
University Below Batchelor
3%
Major Field of Study
Business Management
26%
Architecture & Engineering
18%
Health & Related Fields
12%
Social Sciences
12%
Math & Computer Sciences
7%
Humanities
5%
Physical Sciences
5%
Education
4%
Personal, Protective & Transportation Services
3%
Visual & Performing Arts
3%
Agriculture & Natural Resources
1%
Building Trends At 159SW Condominium
Days on Strata
Units at 159SW Condominium spend an average of
56
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
2%
below
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
compared to other buildings in Cabbagetown
Turnover of Units
On average, each unit is owned for
4.9
YEARS before being sold againProperty Value
-11%
Decrease in property value within the past twelve months
Price Ranking
2nd
Highest price per SQFT out of 37 condos in the Cabbagetown area
Sold Units
7
Units were Sold over the past twelve months
Rented Units
75
Units were Rented over the past twelve months
Best Value Rank
159SW Condominium offers the best value out of 37 condos in the Cabbagetown neighbourhood
?
Appreciation Rank
159SW Condominium has the highest ROI out of 37 condos in the Cabbagetown neighbourhood
?
Rental Yield
159SW Condominium yields the highest rent prices out of 37 condos in the Cabbagetown neighbourhood
?
High Demand
159SW Condominium is the most popular building out of 37 condos in the Cabbagetown neighbourhood
?
Market Insights
Transaction Insights at 159SW Condominium
| 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
|---|---|---|---|---|---|
| Price Range | $525,000 - $575,000 | $508,000 - $615,000 | No Data | No Data | $834,500 |
| Avg. Cost Per Sqft | $953 | $945 | No Data | No Data | $1,017 |
| Price Range | $2,000 - $2,500 | $2,200 - $2,650 | $2,300 - $3,150 | No Data | $3,600 - $4,850 |
| Avg. Wait for Unit Availability | 74 Days | 76 Days | 388 Days | No Data | 145 Days |
| Avg. Wait for Unit Availability | 11 Days | 10 Days | 25 Days | No Data | 29 Days |
| Ratio of Units in Building | 36% | 35% | 19% | 1% | 11% |
Market Inventory
Total number of units listed and leased in Cabbagetown
