438 Wellesley Street, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey att/row/townhouse located in the coveted neighborhood of Cabbagetown-South St. James Town. Expertly crafted featuring premium brick front 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 1100-1500 sqft on a premium 14.16 x 100.14 ft lot
- Features a finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 0.0 total parking spaces available
- Notable attributes: On Demand Water Heater, Storage
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Absolutely charming 2nd Empire Victorian worker's cottage. In 1980 this house was completely rebuilt, retaining only the front brick wall, the side walls and some joists. The basement was lowered and the staircase re-located. The subsequent owner re-did the kitchen and the bathroom. The result is an exceptionally solid, well-built house that just has a feeling of quality. This is a perfect couple's house or an ideal pied-a-terre in the city. 2 spacious bedrooms up; large high-ceilinged basement room is a possible 3rd. Great location in the better part of Cabbagetown, steps to both Wellesley Park and Riverdale Park East. Minutes to the shops and restaurants of Parliament Street, transit options and all the excitement of the core of the city! *** Possible parking: 438 enjoys a ROW through the lane on the west side of the property. There is a high likelihood that parking is possible coming in at an angle from the west lot-line. ***
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Park, Public Transit, Wooded/Treed
Interior Features
On Demand Water Heater, Storage
Security Features
Carbon Monoxide Detectors, Smoke Detector
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 438 Wellesley Street E, Toronto C08, ON M4X 1H7
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 $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.
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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.
