159 Wellesley St E

159 Wellesley Street East is a 29-storey high-rise apartment condominium in Toronto's Cabbagetown-South St. James Town neighbourhood. Managed by FirstService Residential, the building is well-positioned near extensive urban amenities, including over 75 restaurants and cafes, numerous grocery stores and pharmacies, and convenient access to multiple transit options. Monthly rents for available units have recently averaged around $2,695. Condo fees include building insurance. Prospective buyers should request and carefully review the status certificate, reserve fund study, financial statements, board minutes and by-laws to understand the building's financial health and governance before committing to a purchase.