Building Image

159SW Condominiums

159 Wellesley St, Downtown

Features

Request more info

Price/Sqft Range

470 sqft - 1008 sqft

Avg Price/Sqft

$923 / sq. ft.

Completed

Built: 2022

Building Scale

Floors: 36 | Total Units: 360

Building Details

Building Type

High-Rise condo

Property Management

Built in 2022

Condo Corp

TSCC-2885

Date Registered

Jan 17, 2022

Maintenance Fees Include

Common Element

Building Insurance

Description

1 - About 159SW Condominiums

  • Address: 159 Wellesley St E, Toronto
  • Neighbourhood: Cabbagetown-South St. James Town, Downtown Toronto
  • Storeys: 36
  • Units: 360
  • Year Built: 2022
  • Builder: Alterra
  • Building Type: High-Rise condo
  • Suite Sizes: 470 sqft - 1008 sqft
  • Average Price: $923 / sq. ft.

2 - Overview of 159SW Condominiums

159SW Condominiums stands as a 36-storey tower in Toronto's Downtown East, crafted by Quadrangle Architects. The building showcases a contemporary glass and steel facade with a slender floor plate and gracefully curved elevations that create a distinctive presence on the skyline.

This development represents a thoughtful transformation of a remediated brownfield site that previously housed a gas station. The podium level features precast brown brick panels arranged in a staggered lattice pattern, complemented by dramatic floor-to-ceiling thermally insulated windows. The design incorporates advanced glazing technology to optimize thermal performance while maximizing resident comfort throughout the seasons.

Each suite features custom European-designed finishes that reflect modern urban living standards.

3 - Suite Sizes & Value

159SW Condominiums offers 360 residential units with thoughtfully designed floor plans spanning 470 to 1008 square feet. These layouts cater to a diverse range of residents, from single professionals seeking compact efficiency to those requiring more generous living spaces.

The Average Price: $923 / sq. ft. positions this development at a more accessible price point compared to the premium Yorkville corridor nearby. This strategic pricing provides an attractive entry point into downtown Toronto living while maintaining contemporary architectural standards and modern amenities.

4 - Building Amenities & Features

  • Three dedicated levels of private residential amenities
  • 360-degree outdoor running track and wrap-around fitness park
  • Comprehensive fitness studio with dedicated spin and yoga room, plus sauna facilities
  • Two versatile party rooms and an outdoor dining area equipped with barbecue facilities
  • 24-hour concierge service
  • Convenient pet wash station
  • Secure bicycle storage room

5 - Location Highlights

  • Exceptional Transit Score of 99/100
  • Ten-minute walk to both Wellesley Station and Sherbourne Station
  • Prime proximity to Church & Wellesley Village
  • Easy access to Yorkville's renowned shopping and dining destinations
  • Nearby educational institutions include Toronto Metropolitan University, Winchester Public School, and Jarvis Collegiate Institute

6 - Lifestyle Near 159SW Condominiums

The surrounding neighbourhood presents a dynamic blend of mid-century apartment towers integrated with Toronto's evolving skyline. With an impressive Walk Score of 96/100, the area serves a vibrant community of professionals and students who appreciate urban convenience.

The location offers immediate access to the energetic social scene of the Village, while benefiting from ongoing streetscape improvements along Sherbourne Street that have enhanced the pedestrian experience and neighbourhood appeal.

7 - About the Developer

Alterra has established a significant presence in Toronto's development landscape, focusing on urban projects that respond to local community character. The company has successfully delivered over 4,500 residential units through strategic partnerships, including collaborations with specialized firms like Kilmer Brownfield Equity Group.

Their impressive portfolio includes notable Toronto developments such as 36Hazelton Condominiums, Post House Condos, 210 Simcoe, and The Selby. Alterra's expertise lies in transforming underutilized urban sites into thriving residential communities that contribute positively to Toronto's urban fabric.


Neighborhood

Hospital
Library
Park
Rec Centre
School
Public Transit

Building Sales History

Apr 2026 — 1 Listed | 0 Sold

19 days on market

MLS® # C12942628

Apr 21, 2026

Suspended

Apr 1, 2026

Listed For Sale

$499,900

Cabbagetown-South St. James Town Insights

growth

Sale Price

Average

Median

Generated based on property type and location. Average values are derived using median calculations.