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159SW Condominiums

159 Wellesley St E, Downtown

Features

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Unit Size 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

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.


Building Sales History

Nov 2026 — 1 Listed | 0 Sold

91 days on market

MLS® # C13652958

Nov 3, 2026

Price Change

Aug 7, 2026

Listed For Sale

$600,000
Oct 2026 — 2 Listed | 0 Sold

84 days on market

MLS® # C13673060

Oct 30, 2026

Price Change

Aug 13, 2026

Listed For Sale

$399,000

35 days on market

MLS® # C13864120

Oct 13, 2026

New

Oct 5, 2026

Listed For Sale

$539,000
Sep 2026 — 2 Listed | 0 Sold

44 days on market

MLS® # C13814920

Sep 24, 2026

New

Sep 22, 2026

Listed For Sale

$432,000

162 days on market

MLS® # C13194830

Sep 10, 2026

Price Change

May 27, 2026

Listed For Sale

$799,000