1308-159 Wellesley St
Cabbagetown-South St. James Town, Toronto, Ontario M4Y 0H5
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 800–899sq ft
- Per sq ft
- $941at the range’s middle
- Tax a year
- $3,5002025 tax year
- Parking
- 0underground
- Days on market
- Members
The brief
About 1308-159 Wellesley St
1308-159 Wellesley St is a 3-bedroom, 2-bathroom condo in Cabbagetown-South St. James Town, Toronto, listed for sale at an asking price of $799,000 (MLS® C13194830).
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.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even59/100−$29/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 6 homes with 3 bedrooms for lease in Cabbagetown-South St. James Town right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $3,500 / 2025
- MLS® number
- C13194830
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 800-899 sqft
- Listed on
- Parking
- Underground, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Cabbagetown-South St. James Town
- Municipality
- Toronto
Building
- Size
- 800-899 sqft
- Construction
- Concrete
Inside
- Bedrooms
- 3
- Bathrooms
- 2
- Bathroom Details
- 1 × 4pc Flat, 1 × 3pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Integrated Fridge & Dishwasher, Stove, Washer/ Dryer, Existing Electric Lighting Fixtures Included. 1 Locker Included.
- Condo maint.
- $816
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 1308-159 Wellesley St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $799,000 | N/A | Pc | C13194830 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $159,800
- Total mortgage amount
- $639,200
- Total interest payment
- $454,600
- Total purchase cost
- $1,253,600
- Mortgage payment
- $3,646/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
21%Monthly carrying cost
$4,754- Rent $4,725
- Shortfall $29
Rental income opens at $4,725, the median asking rent of 6 comparable homes for lease in Cabbagetown-South St. James Town. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $12,455
- Toronto municipal land transfer tax
- $12,455
- Total land transfer tax
- $24,910
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $16,435
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $799,000
- $7,980
- Ontario total
- $12,455
Toronto’s municipal tax uses the same brackets at this price, so it adds another $12,455.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m45 test or monitoring holes also recorded.250 m
- Groundwater recorded about 12.4 m below ground nearbyThe middle water level in the well records within 500 m (227 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 46 building permits issued within 250 m in the last 2 years250 m
- 2 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 3.9 km3.9 km
- Mapped parcel: about 12,580 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Enwave Energy Corporation — Walton Street Steam Plant, 1.3 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of Toronto By-Law No. 438-86What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
12 building permits cleared at this address in the City’s file.
Sign Building Permit RelatedCancelled
To erect and display three illuminated wall signs.****DOMINO'S*****
Completed February 22, 2024
Backflow Prevention Devices (Water only)Permit Issued
Proposed to install new RP backflow prevention deviice.
Issued September 15, 2020
New BuildingCancelled
Conditional Permit - Proposal to construct a new 36 storey condo with 360 residential units, commercial at grade, and 4 levels of below grade parking. Note - See active stand alone soil remediation permit - 17 115666 BLD.
Completed May 22, 2020
Building Permit Related(MS)Closed
HVAC - includes a kitchen exhaustProposal for interior alterations to existing vacant commercial unit on the ground floor for new restaurant, less than 30 seats - "Domino's Pizza"
Issued November 19, 2019
Interior AlterationsClosed
Proposal for interior alterations to existing vacant commercial unit on the ground floor for new restaurant, less than 30 seats - "Domino's Pizza"
Issued November 19, 2019
Building Permit Related(PS)Closed
Plumbing - Proposal for interior alterations to existing vacant commercial unit on the ground floor for new restaurant, less than 30 seats - "Domino's Pizza"
Issued November 19, 2019
Building Permit Related(PS)Closed
Plumbing - Proposal to construct a new 36 storey condo with 360 residential units, commercial at grade, and 4 levels of below grade parking. Note - See active stand alone soil remediation permit - 17 115666 BLD.
Issued January 14, 2019
Building Permit Related(MS)Closed
HVAC - Proposal to construct a new 36 storey condo with 360 residential units, commercial at grade, and 4 levels of below grade parking. Note - See active stand alone soil remediation permit - 17 115666 BLD.
Issued January 11, 2019
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
410 SHERBOURNE STCondominiumUnder Review
*** Proposed Draft Plan of Condominium for a 39-storey mixed-use building containing 456 residential units.
240 m away410 SHERBOURNE STSite planUnder Review
Site Plan Approval Application for a 42-storey mixed-use building having a non-residential gross floor area of 240 square metres and a residential gross floor area of 31,273 square metres.
240 m away405 SHERBOURNE STSite planApplication Received
Site Plan Control Application for a 35-storey (112.6) metre building (excluding mechanical penthouse) 25,069 square metres of residential gross floor area and 388 square metres of non-residential gross floor area and a landscaped mid-block connection between Sherbourne and Bleecker Streets.
270 m away8 EARL STSite planUnder Review
Site Plan Application to permit a 63-storey residential building including a total of 50,580.8 square metres of residential gross floor area which will result in a total of 730 total dwelling units.The proposal includes two (2) residential visitor parking spaces and zero (0) residential spaces.
280 m away6 EARL STSite planUnder Review
Site Plan Application to permit a 63-storey residential building including a total of 50,580.8 square metres of residential gross floor area which will result in a total of 730 total dwelling units.The proposal includes two (2) residential visitor parking spaces and zero (0) residential spaces.
280 m away4 EARL STSite planUnder Review
Site Plan Application to permit a 63-storey residential building including a total of 50,580.8 square metres of residential gross floor area which will result in a total of 730 total dwelling units.The proposal includes two (2) residential visitor parking spaces and zero (0) residential spaces.
280 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Cabbagetown-South St. James Town right now
- For sale now
- 20
- Median asking price
- $544K
- New in 7 days
- 1
- Price cuts
- 10%
Middle half: $457K to $610K
12 in 28 days
2 listings
This home is asking 47% above the median, higher than three quarters of them.
See all homes in Cabbagetown-South St. James TownAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Sherbourne Station | TTC subway: Line 2 Bloor-Danforth | 600 m |
| Wellesley Station | TTC subway: Line 1 Yonge-University | 700 m |
| Castle Frank Station | TTC subway: Line 2 Bloor-Danforth | 900 m |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 2.4 km |
| Eglinton Station | TTC subway: Line 1 Yonge-UniversityTTC light rail: Line 5 Eglinton | 4.7 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Our Lady of Lourdes Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 100 m | 66%Grade 6 average |
| Winchester Junior and Senior Public SchoolToronto DSB | Public · grades JK–8 · French Immersion | 350 m | 77%Grade 6 average |
| Rose Avenue Junior Public SchoolToronto DSB | Public · grades JK–6 | 400 m | 49%Grade 6 average |
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 1.2 km | 96%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Jarvis Collegiate InstituteToronto DSB | Public · grades 9–12 | 200 m | 34%Grade 9 math |
| Msgr Fraser College (Isabella Campus)Toronto CDSB | Catholic · grades 9–12 | 350 m | — |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 500 m | 86%Grade 9 math |
| Native Learning CentreToronto DSB | Public · grades 9–12 | 500 m | — |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
Similar Active Listings
Recently sold nearby
Sold prices in Cabbagetown-South St. James Town are shown to signed-in members.