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    Toronto / Downtown / Cabbagetown

    606 - 225 Wellesley St E

    For SaleThe Star of Downtown
    $559,000
    1 Bed + 1
    1 Bath
    1 Parking
    663 SQFT
    6 Days on Strata
    Est Sell Timeframe
    15 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $605/mth
    Taxes:
    $2,325 (2024)
    Cost Per Sqft:
    $843/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North
    Possession Date:
    To Be Determined
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Kitchen
    Stainless Steel Appliances, Enclosed, Renovated
    7.64 x 8.14ft
    Living
    Open Concept, Combined with Dining, Large Window
    10.4 x 12.24ft
    Dining
    O/Looks Living, Walkout To Balcony, Large Window
    9.74 x 6.37ft

    About this Listing

    Client RemarksSleek Cabbagetown Condo for the Urban Dweller! Welcome to your chic new pad in this vibrant community. This spacious 663 sq ft north-facing condo boasts 1+1 bedrooms and 1 bath, designed with a generous open-concept living and dining area perfect for hosting. The separate kitchen offers ample space for culinary mastery, while the versatile second bedroom is ideal for a home office or art studio. Includes; 1 parking spot and 1 locker, Open balcony with city views, Rooftop terrace with BBQs for summer hangouts, 24-hour concierge, gym, sauna, and so much more.You're steps away from the subway, trendy shops, Riverdale Farm, universities, eclectic restaurants, and grocery stores. Embrace the pet-friendly vibes and walk to hotspots like Bloor St, Carlton St, Sherbourne, and Jarvis. Dont miss out on the chance to make this dynamic neighborhood your new home!

    forest hill real estate inc.MLS® #C10222603

    Amenities

    Security System
    Rooftop Deck
    Business Centre
    Party Room
    Gym Room
    BBQs Allowed

    Explore Neighbourhood

    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.

    Similar Listings

    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
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    18%
    50 - 64
    23%
    65+
    21%
    Household Income
    $0 - $30,000
    48%
    $30,000+
    23%
    $60,000+
    13%
    $90,000+
    8%
    $125,000+
    4%
    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%

    Price Trends

    Maintenance Fees

    The Star of Downtown vs The Cabbagetown Area

    Building Trends At The Star of Downtown

    Days on Strata

    Units at The Star of Downtown spend an average of
    31
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Cabbagetown

    Turnover of Units

    On average, each unit is owned for
    5.4
    YEARS before being sold again

    Property Value

    7%
    Increase in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 34 condos in the Cabbagetown area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Best Value Rank

    The Star of Downtown offers the
    ?
    best value out of 34 condos in the Cabbagetown neighbourhood

    Appreciation Rank

    The Star of Downtown has the
    ?
    highest ROI out of 34 condos in the Cabbagetown neighbourhood

    Rental Yield

    The Star of Downtown yields the
    ?
    highest rent prices out of 34 condos in the Cabbagetown neighbourhood

    High Demand

    The Star of Downtown is the
    ?
    most popular building out of 34 condos in the Cabbagetown neighbourhood

    Transaction Insights at 225 Wellesley Street E

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$555,000 - $560,000$709,000$782,000
    Avg. Cost Per SqftNo Data$830$841$841
    Avg. Wait for Unit Availability313 Days115 Days90 Days285 Days
    Ratio of Units in Building15%28%45%14%

    Transactions vs Inventory

    Total number of units listed and sold in Cabbagetown