385 Wellesley Street, Toronto, ON
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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 front construction, this residence presents an exceptional opportunity offered at $2,150,000 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 4 Bathrooms
- Generous living space spanning 2000-2500 sqft on a premium 16 x 93 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 1.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Set Upon An Idyllic, Tree-Lined Street In The Heart Of Historic Cabbagetown, 385 Wellesley Street Invites You To Discover What Lies Beyond Its Enchanting Front Gate. As You Admire The Captivating Facade And Arched Details Of This Victorian Treasure, Prepare To Be Transported Into A World Where Old-World Charm Meets Contemporary Allure. Inside, An Exquisite Top-To-Bottom Modern Renovation Reveals Expansive And Versatile Living Spaces. The Main Floor Boasts 10-Foot Ceilings, A Spacious Chef's Kitchen With An Oversized Island With Seating, And Gracious Living And Dining Areas. Large French Doors Open Onto A South-Facing Terrace, Ideal For Hosting Intimate Gatherings Or Lavish Soirees. A Stylish Coatroom Completes This Space And Extends Into An Awning, Expanding Your Outdoor Living Area. The Second Level Hosts Wide Hallways, Three Generously Proportioned Bedrooms, And Two Bathrooms. Unwind From Your Day In The Spa-Like Primary Retreat Awaiting You On The Third Level. His And Her Walk-In Closets Lead To A Luxurious Five-Piece Ensuite Bathroom. Wake Up To Your Adjacent Private Terrace And Enjoy Your Morning Coffee Among The Canopy Of Trees. The Finished Lower Level Includes A Convenient Built-In Murphy Bed And Presents A Flexible Space To Host Company While Maintaining A Work-From-Home Office. It Can Also Be Used For A Recreation Room Or Nanny Suite And Is Complete With Ample Storage, A Full Bathroom, And A Cherry Red Washer And Dryer. Park Your Vehicle In The Rare Garage That Completes This Remarkable Home. Located On The Best Block Of Wellesley Street And Just Steps To Charming Wellesley Park, Offering Scenic Views And A Splash Pad For The Kids. Riverdale Farm Is Also Just A Short Stroll Away As Well As The Local Upscale Restaurants, Boutiques, And Finest Amenities That Parliament Street Has To Offer.
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Cul de Sac/Dead End, Library, Park, School, Ravine, Rec./Commun.Centre
Interior Features
Carpet Free
Security Features
Alarm System, Carbon Monoxide Detectors, Smoke Detector, Security System
Community Features
Location
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 385 Wellesley Street E, Toronto C08, ON M4X 1H5
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $2,150,000 in Toronto, the legal minimum down payment is $430,000 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 $40,225 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $40,225 also applies, bringing the total estimated land transfer taxes to $80,450.
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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.
