$388,888 - 81 Wellesley Street Unit 1206, Cabbagetown
Condo for Sale in Cabbagetown
New — Listed todayNeighbourhood: Church-Yonge Corridor
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- MLS Number
- C13859718
- Property Type
- Condo
- Status
- active
- Days on Site
- 0
- Bedrooms
- 0
- Bathrooms
- 1
- Square Feet
- N/A sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Taxes (2025)
- $2,048
- Maintenance Fees
- $337/mo
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- HOMELIFE LANDMARK REALTY INC.
TWO YEAR NEW LUXURY CONDO AT WELLESLEY STATION! An exceptional opportunity in the heart of Downtown Toronto, just steps to Wellesley Subway Station and vibrant Yonge Street! This bright and beautifully designed open-concept suite offers a spacious, highly functional layout that can be easily converted into a one-bedroom, complemented by breathtaking unobstructed city views. Featuring soaring 9-ft smooth ceilings, floor-to-ceiling windows and an abundance of natural light throughout. The sleek modern kitchen showcases quartz countertops and high-end built-in appliances, while the luxurious fully tiled bathroom adds a sophisticated finishing touch. Step onto your private balcony, complete with a built-in gas line for BBQs-a rare downtown feature perfect for outdoor entertaining. Unbeatable location just minutes from U of T, TMU, Queen's Park, major hospitals, IKEA, Eaton Centre, restaurants, shopping and everyday essentials. Enjoy outstanding building amenities including a 24-hour concierge, fully equipped gym, party/meeting room, recreation room and rooftop terrace. Luxury, convenience, spectacular views and incredible downtown living-all in one exceptional suite! **Some photos have been virtually staged and digitally enhanced for illustration purposes only***
Estimate your monthly payments for this property
Estimated Payment
$1,995.20/mo
Includes CMHC insurance ($10,850)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Church-Yonge Corridor
Church-Yonge Corridor is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Church-Yonge Corridor
- •Convenient location in Regent Park / Cabbagetown / St. James Town
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Church-Yonge Corridor offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
81 Wellesley Street Unit 1206, Regent Park / Cabbagetown / St. James Town
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Just Listed - Act Strategically
This property hit the market within the last week. In Cabbagetown's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $337/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Church-Yonge Corridor
I know Church-Yonge Corridor well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.