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    Toronto / Cabbagetown

    1002 - 225 Wellesley St E

    $720,0002 bds2 ba1 pk915 sqft
    For SaleThe Star of Downtown
    40 Days on Strata
    Est Sell Timeframe:
    10 Days
    $720,000
    Price Increase: $679,900
    2 Beds
    2 Bath
    1 Parking
    915 SQFT

    Listing History

    Details

    Property Type:

    Condo

    Maintenance Fees:

    $766/mth

    Taxes:

    $2,868 (2024)

    Cost Per Sqft:

    $787/sqft

    Outdoor Space:

    Balcony

    Locker:

    Owned

    Exposure:

    South

    Possession Date:

    Flexible

    Laundry:

    Main

    Amenities

    Indoor Parking
    Car Wash
    BBQs Allowed
    Gym
    Bike Storage
    Security System
    Visitor Parking
    Party Room
    Rec Room
    Concierge
    Sauna
    Rooftop Deck
    Media Room
    Business Centre

    About this Listing

    Welcome to "The Star Of Downtown" in the heart of Cabbagetown! Large 915 square feet split 2 bedrooms, 2 bathrooms suite with prime south view of the Toronto skyline and the CN Tower. Awesome open concept layout, large primary bedroom with "His & Hers" closets and 4-piece ensuite. Just a few minutes drive to the DVP, this building is steps to absolutely everything Downtown living requires. Walk to schools, supermarket, TTC - Wellesley and Sherbourne stations. Parking & Locker Included. Don't miss out! **EXTRAS** Stainless steel fridge, stove, dishwasher, and hood fan, All electrical light fixtures and window blinds. Stacked washer and dryer.

    re/max hallmark realty ltd.MLS® #C12016344

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Heat
    Water
    Parking
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Living

    South View, Walkout To Balcony, Laminate

    18.37 x 9.81ft

    Dining

    Combined with Living, Laminate

    18.37 x 9.81ft

    Kitchen

    Granite Counter, Stainless Steel Appliances, Pantry

    9.71 x 9.65ft

    Primary

    His/Hers Closets, 4 Piece Ensuite, Laminate

    16.08 x 9.06ft

    2nd Bedroom

    Mirrored Closet, Walkout To Balcony, Laminate

    12.21 x 9.06ft
    Buyer's Market
    Balanced
    Seller's Market

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    Explore Cabbagetown

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    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.

    Mortgage Calculator

    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%

    Building Trends At The Star of Downtown

    Days on Strata

    Units at The Star of Downtown spend an average of
    24
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    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

    5%
    Increase in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 37 condos in the Cabbagetown area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    8
    Units were Rented over the past twelve months

    Best Value Rank

    The Star of Downtown offers the
    ?
    best value out of 37 condos in the Cabbagetown neighbourhood

    Appreciation Rank

    The Star of Downtown has the
    ?
    highest ROI out of 37 condos in the Cabbagetown neighbourhood

    Rental Yield

    The Star of Downtown yields the
    ?
    highest rent prices out of 37 condos in the Cabbagetown neighbourhood

    High Demand

    The Star of Downtown is the
    ?
    most popular building out of 37 condos in the Cabbagetown neighbourhood

    Market Insights

    Transaction Insights at The Star of Downtown

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$555,000$709,000$782,000
    Avg. Cost Per SqftNo Data$807$841$841
    Avg. Wait for Unit Availability331 Days123 Days95 Days291 Days
    Ratio of Units in Building15%27%45%15%

    Market Inventory

    Total number of units listed and sold in Cabbagetown