415 Wellesley Street, Toronto, ON

$1,195,000
MLS#:C9769735
4 beds
2 baths
1500-2000 sqft
1.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 2 1/2 Storey semi-detached located in the coveted neighborhood of Cabbagetown-South St. James Town. Expertly crafted featuring premium brick and wood construction, this residence presents an exceptional opportunity offered at $1,195,000 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 with 2 functional kitchens
  • Generous living space spanning 1500-2000 sqft on a premium 13.17 x 128 ft lot
  • Features a finished with walk-out, full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: In-Law Capability, On Demand Water Heater, Separate Heating Controls
  • Efficient baseboard heating via electric

Description

Ready, set, renovate! Bring your architect or designer to help you re-imagine this substantial Prime Cabbagetown home. Finished on 4 levels, this property was gutted once in the 80s today it needs some creativity and care to create something new. It has been 2 self-contained units for 40 years but can also be returned to single family use. There are 5 walk-outs in total, 3 from the lower unit and 2 from the upper, which lead out to decks. Very deep south facing lot with parking off the lane. Presently parking for one but it could park two tandem. Glorious location in the heart of this lovely neighbourhood. Walk to parks, the ravine trails, transit and the shops and restaurants of Parliament Street!

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Key Features

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

Additional Details

StatusSold
Sold DateDecember 2, 2024
Sold price information is available to members only
Listed Date10/30/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeSemi-Detached
Architectural Style2 1/2 Storey
ConstructionBrick, Wood
BasementFinished with Walk-Out, Full
Lot Size13.17 × 128 Feet
CountyToronto
Annual Tax$7,553.45
Legal DescriptionPt Lts 8-9 Pl 221 Toronto as in CA409400; Toronto

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceElectric
Heat TypeBaseboard
CoolingNone

Features

Property Features

Fenced Yard, Library, Park, Public Transit, Rec./Commun.Centre, School

Interior Features

In-Law Capability, On Demand Water Heater, Separate Heating Controls, Water Heater Owned

Security Features

Community Features

Location

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415 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 415 Wellesley Street E, Toronto C08, ON M4X 1H5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

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

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Interest Rate5.25%
Down Payment$239,000 (20.0%)
* Minimum Canadian down payment required for this price is $239,000.
Amortization Period25 Years
Estimated Monthly Payment$5,697Based on a loan of $956,000 over 25 years.
Purchase Price$1,195,000
Loan Amount$956,000
Provincial Land Transfer Tax:$20,375
Toronto Municipal Land Transfer Tax:$20,375
Total Estimated Closing Taxes:$40,750

About Purchasing a Home in Toronto, ON

For a property listed at $1,195,000 in Toronto, the legal minimum down payment is $239,000 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 $20,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,375 also applies, bringing the total estimated land transfer taxes to $40,750.

Nearby Listings

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City & 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$1,165,432

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%

Local Schools Guide

Elementary Schools

St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Homes & Housing

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.