159SW Condos — Toronto Pre-Construction
159SW Condos is a resale pre-construction condos development by Alterra in Toronto's Cabbagetown starting from $554,990. Get pricing, floor plans, deposit…
159SW Condos Quick Facts
| Project Name | 159SW Condos |
|---|---|
| Developer | Alterra |
| Address | 159 Wellesley Street East |
| City | Toronto |
| Neighbourhood | Cabbagetown |
| Region | Greater Toronto Area |
| Building Type | Condo |
| Sales Status | Resale |
| Storeys | 36 |
| Suite Sizes | 470 – 872 sq ft |
| Pricing | $554,990 – $828,990 |
| Deposit Structure | 15% (over 365 days) + 5% on Occupancy |
| Maintenance Fees | $1 / sq ft / month |
| Locker | $7,200 |
| Occupancy | 2020-01-01 |
| Walk Score | 96 |
| Transit Score | 99 |
About 159SW Condos in Toronto
159SW Condos is a completed condominium development by Alterra at 159 Wellesley Street East in the Cabbagetown neighbourhood of Toronto. The 36-storey project rises 119 metres (390.4 feet) and contains 360 suites. Architecture is by Quadrangle Architects Ltd., with interiors by U31. 159SW Condos was completed in 2020. Suites range from 470 to 872 sq. ft. The location has a Walk Score of 96 and a Transit Score of 99. At 119 metres, 159SW Condos ranks #15 by height among 30 tracked projects in Cabbagetown.
Key Highlights of 159SW Condos
159SW Condos is a pre-construction condominium project located in Toronto's Downtown East. The project is currently in the application phase by Alterra, Kilmer Brownfield Equity Group and Diamondcorp.
159SW Condos Project Highlights
-Application for 34 Storeys and 286 Suites
-Transformation of a downtown brownfield site and former gas station
-Designed by Quadrangle Architects
159SW Condos: The Developers
-Developed by mega development team: Alterra, Kilmer Brownfield Equity Group
-Projects by these developers include: 36Hazelton Condos, Post House Condos and much more, 210 Simcoe Condos, The Selby Condos and much more
159SW Condos: The Location
-Located at 159 Wellesley East, at Wellesley & Sherbourne in Toronto East
-95/100 WalkScore
-Steps to popular Downtown neighbourhood: Cabbagetown
-Quick access to Yorkville and Bloor Street luxury shopping
-97/100 TransitScore
-Quick access to Wellesley Subway Station
159SW Condos Renderings & Gallery
159SW Condos Floor Plans & Pricing
| Floor Plan | Beds | Baths | Size (sq ft) | Price | Availability |
|---|---|---|---|---|---|
| A-470 | 1 | 1 | 470 | Register for pricing | Sold Out |
| A-470 | 1 | 1 | 470 | Register for pricing | Sold Out |
| A-470 | 1 | 1 | 470 | Register for pricing | Sold Out |
| A-490 | 1 | 1 | 490 | Register for pricing | Sold Out |
| A-490 | 1 | 1 | 490 | Register for pricing | Sold Out |
| A-490 | 1 | 1 | 490 | Register for pricing | Sold Out |
| A-498 | 1 | 1 | 498 | Register for pricing | Sold Out |
| A-498 | 1 | 1 | 498 | Register for pricing | Sold Out |
| A-498 | 1 | 1 | 498 | Register for pricing | Sold Out |
| A-511 | 1 | 1 | 511 | Register for pricing | Sold Out |
| A-511 | 1 | 1 | 511 | Register for pricing | Sold Out |
| A-511 | 1 | 1 | 511 | Register for pricing | Sold Out |
| A-545 | 1 | 1 | 545 | Register for pricing | Sold Out |
| A-554 | 1 | 1 | 554 | Register for pricing | Sold Out |
| A-554 | 1 | 1 | 554 | Register for pricing | Sold Out |
| A-554 | 1 | 1 | 554 | Register for pricing | Sold Out |
| B-584 | 2 | 1 | 584 | $554,990 | Sold Out |
| B-584 | 2 | 1 | 584 | $554,990 | Sold Out |
| A-598 | 1 | 1 | 598 | Register for pricing | Sold Out |
| A-598 | 1 | 1 | 598 | Register for pricing | Sold Out |
| A-598 | 1 | 1 | 598 | Register for pricing | Sold Out |
| B-631 | 2 | 1 | 631 | $599,990 | Sold Out |
| B-631 | 2 | 1 | 631 | $599,990 | Sold Out |
| A-631 | 1 | 1 | 631 | $589,990 | Sold Out |
| A-631 | 1 | 1 | 631 | $589,990 | Sold Out |
| A-631 | 1 | 1 | 631 | $589,990 | Sold Out |
| B-648 | 2 | 2 | 648 | Register for pricing | Sold Out |
| B-648 | 2 | 2 | 648 | Register for pricing | Sold Out |
| C-661 | 2 | 1 | 661 | Register for pricing | Sold Out |
| C-661 | 2 | 1 | 661 | Register for pricing | Sold Out |
| C-661 | 2 | 1 | 661 | Register for pricing | Sold Out |
| C-838 | 2 | 2 | 838 | Register for pricing | Sold Out |
| C-838 | 2 | 2 | 838 | Register for pricing | Sold Out |
| C-838 | 2 | 2 | 838 | Register for pricing | Sold Out |
| D-872 | 3 | 2 | 872 | $828,990 | Sold Out |
| D-872 | 3 | 2 | 872 | $828,990 | Sold Out |
| C-872 | 2 | 2 | 872 | $828,990 | Sold Out |
| C-872 | 2 | 2 | 872 | $828,990 | Sold Out |
| C-872 | 2 | 2 | 872 | $828,990 | Sold Out |
| D-872 | 3 | 2 | 872 | $828,990 | Sold Out |
Full 159SW Condos floor plan PDFs, the current price list and available incentives are released to registered buyers. Request the 159SW Condos price list and floor plans.
159SW Condos Deposit Structure
15% (over 365 days) + 5% on Occupancy
Deposit structures at 159SW Condos can change between releases and may differ for international buyers. Confirm the current 159SW Condos deposit structure before submitting a worksheet.
Amenities & Finishes
- ["-Party Room with Kitchen\n-Dining Room\n-Terrace\n-Yoga Studio\n-Bike Room\n-Billiards Room\n-Fitness Lounge\n-Wifi Lounge"]
Location: 159 Wellesley Street East
159SW Condos is located at 159 Wellesley Street East, Toronto in the Cabbagetown neighbourhood, Greater Toronto Area.
- Walk Score: 96/100
- Transit Score: 99/100
Explore more pre-construction projects in Toronto or browse the Greater Toronto Area region.
About the Developer: Alterra
159SW Condos is being developed by Alterra, with architecture by Quadrangle Architects Ltd. and interior design by U31.
See all Alterra pre-construction projects.
How to Buy at 159SW Condos
- Register early. Allocation at 159SW Condos in Toronto is released to platinum brokerages before any public opening, so the best floor plans and lowest release pricing go to registered buyers first.
- Review the price list and deposit structure. The current published deposit structure is 15% (over 365 days) + 5% on Occupancy.
- Submit a worksheet. Worksheets rank your preferred suites or lots; they are not binding until the developer issues an allocation.
- Sign and use your cooling-off period. Ontario pre-construction condominium purchases carry a 10-day statutory rescission period for lawyer and lender review. Freehold purchases do not.
Closing Costs & Investor Notes for 159SW Condos
Budget beyond the purchase price at 159SW Condos: development and education levies (usually capped by amendment), Tarion enrolment, utility meter hook-ups, land transfer tax plus the Toronto municipal land transfer tax, HST treatment (the federal/provincial new-housing rebate applies to buyers who occupy or, for investors, the rental rebate applies with a one-year lease), and legal fees. Estimated maintenance is $1 per sq ft per month. Lockers are $7,200.
Assignment rights, rental-during-occupancy rights and capped levies vary release to release at 159SW Condos. Confirm each in the current agreement of purchase and sale before you sign.
159SW Condos — Frequently Asked Questions
Where is 159SW Condos located?
159SW Condos is located at 159 Wellesley Street East, Toronto in the Cabbagetown neighbourhood.
Who is the developer of 159SW Condos?
159SW Condos is being developed by Alterra.
How much do units at 159SW Condos cost?
Pricing at 159SW Condos starts from $554,990 and ranges to $828,990. Prices and incentives change with each release — request the current price list for live pricing.
When is occupancy at 159SW Condos?
Estimated occupancy for 159SW Condos is 2020-01-01.
How many units are in 159SW Condos?
159SW Condos is planned as a 36-storey condo development.
How do I get platinum or VIP access to 159SW Condos?
Circle Real Estate provides platinum access to 159SW Condos, including first access to floor plans, the price list and worksheet submission. Register on this page to be added to the VIP list.
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Register for 159SW Condos pricing, floor plans and VIP access on Circle Real Estate.
Last verified: 2026-09-27. Source: RedBricks project feed. Published by Circle Real Estate Brokerage. Prices and incentives are subject to change without notice. E. & O.E.