159 Wellesley Street E 406, Toronto C08

$539,000
159 Wellesley Street E 406

$539,000

New
22d
Condo ApartmentApartment

159 Wellesley Street E 406, Toronto C08

Total Monthly Obligation $3,364

HausQ Valuation Report
Bed+Den
2+1
Baths
1
Park
1
Sqft
600-699
DOM
22d
Score
17
Yield
5.7%
Cash on Cash
-6.3%
Cap Rate
3.2%
5Y IRR
10.6%
10Y IRR
10.7%
Property Type-Condo Apartment
MLS® Number-C13864120
Bed+Den-2+1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Age-0-5
Taxes-$3,245.73 (2026)
Maintenance-$719.06/mo
Locker-Exclusive
Parking-1 - Underground
Basement-Apartment, None
Heating-Forced Air (Gas)
Brokerage-RE/MAX EXCEL REALTY LTD.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Foundation-Concrete
Possession-TBA
Neighbourhood-Cabbagetown-South St. James Town
Title-Residential Condo & Other

No agent assigned

Discover the comfort and convenience of 406-159 Wellesley St. E., a stylish condo come with a parking and oversize locker. With 609 sq. ft. of smartly used space, this home features a welcoming primary bedroom with balcony walk-out, plus a den perfect for your office or creative corner. An in-suite washer/dryer adds everyday ease. Residents enjoy a full suite of amenities, including a gym, sauna, games and party rooms, rooftop deck and garden, guest suite, BBQ area, and concierge. Buyer can assume the Tenants or vacant possession with 60 days' notice. Photos show the unit before and during tenancy.

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(utilities, internet...)
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Closing Costs

Mortgage Amount
$431,200
Land Transfer Taxes$7,255
Legal Fees (Est.)
$
Total cash required for closing$116,555

Total Monthly Obligation

$3,364/mo
Mortgage $2,174
Monthly Loss $2,792
Principal$572
Interest$1,602
Property Tax$270
Condo Fees$719
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.5%15
Cash-on-Cash
-10.9%1
5-Year IRR
7.3%19
10-Year IRR
8.7%
Returns Index
10.9/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$30,768/yr
NOI
$13,417/yr
Net Cash Flow
-$1,056/mo
Cash Margin
-41.2%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.515
LTV Ratio
80.0%18
Vacancy Buffer
2.9 mo47
Risk Index
23.5/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 159 Wellesley Street E 406

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

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Data last updated within the past 24 hours.