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    Toronto / Downtown / Cabbagetown

    1112 - 225 Wellesley St E

    For SaleThe Star of Downtown
    $719,000
    2 Beds
    2 Bath
    1 Parking
    854 SQFT
    9 Days on Strata
    Est Sell Timeframe
    21 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $716/mth
    Taxes:
    $2,539 (2023)
    Cost Per Sqft:
    $842/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    North East
    Possession Date:
    November 1, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

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

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Walkout To Balcony, Large Window
    14.53 x 10.3ft
    Dining
    Large Window
    10.63 x 9.09ft
    Kitchen
    Stainless Steel Appliances, Granite Counter, Breakfast Bar
    11.91 x 6.56ft

    About this Listing

    Welcome to the 2 bed 2 bath corner suite you've been waiting for. If you work from home or want an abundance of natural light in your life, this is the home for you! Wall to wall windows drench the entire condo in endless natural light! This suite also boasts a recently upgraded kitchen with newer stainless steel appliances, a large granite counter breakfast bar, perfect for those who love to cook or entertain. The kitchen directly overlooks the large and well laid out living room and dining room. Unobstructed bright tree top views from the living room and 2nd bedroom. Both bathrooms upgraded with quartz countertop vanities, new shower heads and pot lights. Primary bedroom comfortably fits a queen bed and has an ensuite bathroom. To top it all off, the entire 854 sq ft suite has been freshly painted head to toe and includes ensuite laundry, an owned parking spot, owned locker, 24 hr concierge/security and an incredible rooftop terrace

    ExtrasEntire unit freshly painted. Parking and locker included

    royal lepage terrequity realtyMLS® #C9347665

    Amenities

    Business Centre
    Sauna
    Media Room
    BBQ
    Party Room
    Rec Room

    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
    32
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    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
    5.5
    YEARS before being sold again

    Property Value

    0%
    Increase in property value within the past twelve months

    Price Ranking

    9th
    Highest price per SQFT out of 32 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 32 condos in the Cabbagetown neighbourhood

    Appreciation Rank

    The Star of Downtown has the
    ?
    highest ROI out of 32 condos in the Cabbagetown neighbourhood

    Rental Yield

    The Star of Downtown yields the
    ?
    highest rent prices out of 32 condos in the Cabbagetown neighbourhood

    High Demand

    The Star of Downtown is the
    ?
    most popular building out of 32 condos in the Cabbagetown neighbourhood

    Transaction Insights at 225 Wellesley Street E

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$450,000$555,000 - $560,000No Data$782,000
    Avg. Cost Per Sqft$749$830No Data$841
    Avg. Wait for Unit Availability313 Days114 Days68 Days275 Days
    Ratio of Units in Building15%28%45%14%

    Transactions vs Inventory

    Total number of units listed and sold in Cabbagetown