347 1/2 Wellesley Street, Toronto, ON

$1,495,000
MLS#:C13563956
4 beds
2 baths
1500-2000 sqft
1.0 parking
Residential Freehold
347 1/2 Wellesley Street E, Toronto, ON M4X 1H2
⚠️

Property no longer active

This property was sold on July 28, 2026. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 3-Storey att/row/townhouse located in the coveted neighborhood of Cabbagetown-South St. James Town. Expertly crafted featuring premium brick and vinyl siding construction, this residence presents an exceptional opportunity offered at $1,495,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 12.45 x 128 ft lot
  • Features a partially finished basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via other

Description

In one of Cabbagetown's most sought-after locations, this beautifully proportioned three-storey Victorian, built in 1880, offers nearly 1,900 square feet above grade and an opportunity to put down roots in one of Toronto's most cherished neighbourhoods. Lovingly maintained and comfortably liveable today, it offers an exceptional combination of character, space and location from the moment you move in.Behind its classic façade, high ceilings on all three levels, period fireplaces, stained glass and beautifully proportioned rooms reflect the home's Victorian origins, while a practical four-bedroom layout and flexible living spaces are equally well suited to today's family life.Situated on the preferred south side of Wellesley Street East, the property enjoys excellent natural light and the deeper lots that distinguish this stretch of the street, accommodating a private garden, charming garden shed and coveted laneway parking without compromising outdoor living space. The home has been well cared for over the years, with updated electrical and plumbing systems and a solid structure, providing an excellent foundation for future improvements while allowing the next owner to personalize at their own pace.Parliament Street's cafés, restaurants, independent shops and everyday conveniences are just steps away. Riverdale Farm, Wellesley Park, the Don Valley trail network, excellent schools and downtown Toronto are all within easy reach, while Cabbagetown's beautifully preserved Victorian streetscapes and strong sense of community continue to make it one of the city's most beloved neighbourhoods.Homes like this offer what's increasingly difficult to find: authentic Victorian character, beautifully proportioned living spaces, an exceptional south-side lot with laneway parking, and one of Toronto's most enduring neighbourhoods.

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Property Summary

This townhouse located at 347 1/2 Wellesley Street, Toronto is currently for sale and has been available on SousaSells for 23 days. This property is listed at $1,495,000 with an estimated mortgage of $4,976* per month. It has 4 beds, 2 bathrooms, and is 1500-2000 square feet. 347 1/2 Wellesley Street, Toronto is in the Cabbagetown-South St. James Town neighborhood.

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 4 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Cabbagetown-South St. James Town, Toronto.

Highly Recommended for Families
What We Love About This Home
  • 4 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1500-2000 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Growing families needing multi-bedroom flexibility and space in Cabbagetown-South St. James Town, Toronto.

Target Buyer Match

Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateJuly 28, 2026
Sold price information is available to members only
Listed Date7/14/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style3-Storey
ConstructionBrick, Vinyl Siding
BasementPartially Finished
Lot Size12.45 × 128 Feet
CountyToronto
Annual Tax$8,225.57
Legal DescriptionPT LT 37-38 PL D132 TORONTO AS IN CA481410; CITY OF TORONTO

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceOther
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Library
  • Park
  • Public Transit
  • Rec./Commun.Centre
  • School

Interior Features

  • None

Security Features

  • Carbon Monoxide Detectors
  • Smoke Detector

Community Features

None listed

Frequently Asked Questions about 347 1/2 Wellesley Street, Toronto, ON

Q.What is the asking price for 347 1/2 Wellesley Street, Toronto, ON ?

The current listing price for 347 1/2 Wellesley Street, Toronto, ON in Cabbagetown-South St. James Town, Toronto is $1,495,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 4 bedrooms and 2 bathrooms across approximately 1500-2000 sqft.

Q.What property type and architectural style is 347 1/2 Wellesley Street, Toronto, ON ?

347 1/2 Wellesley Street, Toronto, ON is a Att/Row/Townhouse (3-Storey) featuring a Partially Finished basement.

Q.What key property features does 347 1/2 Wellesley Street, Toronto, ON offer?

Key property features include: Library, Park, Public Transit, Rec./Commun.Centre, School.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.What security features are installed at 347 1/2 Wellesley Street, Toronto, ON ?

Security features include: Carbon Monoxide Detectors, Smoke Detector.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Other and cooling via Central Air.

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347 1/2 Wellesley Street, Toronto, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 347 1/2 Wellesley Street E, Toronto, ON M4X 1H2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$448,500 (30.0%)
* Minimum Canadian down payment required for this price is $299,000.
Amortization Period30 Years
Estimated Monthly Payment$4,976Based on a loan of $1,046,500 over 30 years.
Purchase Price$1,495,000
Loan Amount$1,046,500
Provincial Land Transfer Tax:$26,375
Toronto Municipal Land Transfer Tax:$26,375
Total Estimated Closing Taxes:$52,750

About Purchasing a Home in Toronto, ON

For a property listed at $1,495,000 in Toronto, the legal minimum down payment is $299,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $26,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,375 also applies, bringing the total estimated land transfer taxes to $52,750.

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Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,263,069

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

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Secondary Schools

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Northern
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Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.