159 Wellesley St E #1308, Toronto

Name: 159 Wellesley Street E, Unit 1308
SKU: C13194830
Price: 799000 CAD
Availability: InStock

3 Bed, 2 Bath Condo in Toronto

Unit 1308 at 159 Wellesley Street East

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.

3 bedrooms, 2 bathrooms, about 800 sq ft, works out to roughly $999 per square foot. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 159 Wellesley St E #1308

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 800-899 sq ftas stated on the listing
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 0

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

159 Wellesley St E #1308 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

—ReducedPrice reducedThis listingMLS® C13194830−$50,000 (5.9%)$799,000
May 27, 2026For saleListedThis listingMLS® C13194830$849,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 159 Wellesley St E #1308 Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Above Market· based on 15,688 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $842,000
Average sold price: $1,080,877
Average days on market: 32
Homes sold: 9,226

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$842,000Last 90 days
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5138.8%On average, homes sold at or above asking.
Active listings12,304Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with Apr 26 – Jul 25, 2026: prices up.

Based on 9,226 sales from Jul 25 – Oct 23, 2026 (6,811 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 1308 — 159 Wellesley Street E 3 bd · 2 ba · 800 sqft	$799,000asking	$999	—	—
2067 Lake Shore Boulevard 2 bd · 2 ba · 900 sqft
23 Hollywood Avenue 2 bd · 2 ba · 1,000 sqft
280 Simcoe Street 2 bd · 2 ba · 1,400 sqft
2A Church Street 2 bd · 2 ba · 700 sqft
10 Mendelssohn Street 2 bd · 2 ba · 800 sqft
50 Charles Street 2 bd · 1 ba · 600 sqft

2067 Lake Shore Boulevard
2 bd · 2 ba · 900 sqft
23 Hollywood Avenue
2 bd · 2 ba · 1,000 sqft
280 Simcoe Street
2 bd · 2 ba · 1,400 sqft
2A Church Street
2 bd · 2 ba · 700 sqft
10 Mendelssohn Street
2 bd · 2 ba · 800 sqft
50 Charles Street
2 bd · 1 ba · 600 sqft

More in this building

5 for sale · 7 for rent at 159 Wellesley St E — plus its sale and lease history.

See all of 159 Wellesley St E

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

Sherbourne StationLine 2630 m8 min walk
Wellesley StationLine 1730 m9 min walk
Castle Frank StationLine 2890 m11 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

Sherbourne Station (Line 2)8 min walk
Wellesley Station (Line 1)9 min walk
Castle Frank Station (Line 2)11 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

Sherbourne Station
630 m8 minClosest· Line 2
Homes near Sherbourne Station
Wellesley Station
730 m9 min· Line 1
Homes near Wellesley Station
Castle Frank Station
890 m11 min· Line 2
Homes near Castle Frank Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 159 Wellesley St E #1308. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 159 Wellesley St E #1308

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $3,925; 20% down · 25 years · 5.5% assumed
Property tax: $439; 0.66% mill rate · ON
Total per month: $4,364; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$3,925

/mo

based on the purchase price of $799,000

Down payment20%

$159,800 cash

Amortization25 yr

$639,200 financed

Rate5.50%

$538,374 total interest

Principal54%$639,200

Interest46%$538,374

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Questions About 159 Wellesley St E #1308

How much is 159 Wellesley St E #1308 listed for?

159 Wellesley St E #1308 is listed at $799,000 (MLS® C13194830). Summitly updates the price as soon as the MLS® record changes.

Is $799,000 a good price for 159 Wellesley St E #1308?

Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 159 Wellesley St E #1308 changed?

Yes — it was first listed at $849,000 and is now $799,000, a drop of $50,000 (5.9%).

How many bedrooms and bathrooms does 159 Wellesley St E #1308 have?

159 Wellesley St E #1308 has 3 bedrooms and 2 bathrooms, with about 800–899 square feet of living space. It is a condo in Toronto.

Is 159 Wellesley St E #1308 close to transit?

The nearest rapid-transit station is Sherbourne Station (Line 2), about 630 m (about a 8-minute walk) in a straight line. Wellesley Station is about 730 m (about a 9-minute walk), and Castle Frank Station is about 890 m (about a 11-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 159 Wellesley St E #1308?

About $3,925 a month — principal and interest on $799,000 with 20% down ($159,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 159 Wellesley St E #1308 compare with other homes in Toronto?

Its asking price of $799,000 is about 5% below the median sold price in Toronto over the last 90 days, $842,000, across 9,226 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 159 Wellesley St E #1308 been sold before?

Summitly has no earlier MLS® sale or lease of 159 Wellesley St E #1308 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 159 Wellesley St E #1308?

159 Wellesley St E #1308 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 159 Wellesley St E #1308 been on the market?

149 days — 159 Wellesley St E #1308 was listed on May 27, 2026.

What is the price per square foot of 159 Wellesley St E #1308?

About $889 to $999 per square foot: the asking price of $799,000 over the 800–899 sq ft the listing gives as its size range.

Does 159 Wellesley St E #1308 have parking or a garage?

Garage: Yes.

What you should know