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347 1/2 Wellesley Street, Cabbagetown-South St. James Town M4X 1H2

Price

$1,495,000

Bedrooms

4 Beds

Bathrooms

2 Baths

Size

1500-2000 sqft

Year Built

100+

Property Type

House

Property Taxes

$8225.57

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 a wonderful opportunity to put down roots in one of Toronto's most cherished neighbourhoods. Lovingly maintained and comfortably liveable today, it offers the opportunity to update at your own pace while enjoying everything this exceptional neighbourhood has to offer from day one.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 make it equally well suited to today's family life.Situated on the preferred south side of Wellesley Street East, the property benefits from 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 valuable outdoor living space. Whether enjoyed exactly as it is or updated gradually to suit your own vision, this is a home with tremendous potential.Proximity to Parliament Street is every bit as compelling. Just steps away, its cafés, restaurants, independent shops and everyday conveniences are at the heart of daily life in Cabbagetown. Riverdale Farm, Wellesley Park, the Don Valley trail network, excellent schools and downtown Toronto are all within easy reach, while the area's beautifully preserved Victorian streetscapes and strong sense of community continue to make it one of Toronto's most beloved neighbourhoods.Homes like this offer what's difficult to find: authentic Victorian character, beautifully proportioned living spaces, an exceptional lot with parking, and the opportunity to create a home that is distinctly your own over time.

Sale history for

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The Property Location

Calculate Your Monthly Mortgage Payments

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Total Monthly Payment

$6,557 / month

Down Payment Percentage

20.00%

Mortgage Amount (Principal)

$1,196,000

Total Interest Payments

$737,407

Total Payment (Principal + Interest)

$1,933,407

Get An Estimate On Selling Your House

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Estimated Net Proceeds

$68,000

Realtor Fees

$25,000

Total Selling Costs

$32,000

Sale Price

$500,000

Mortgage Balance

$400,000

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Meet Ken Matsumoto

Meet Ken Matsumoto

A highly successful and experienced real estate agent, Ken has been serving clients in the Greater Toronto Area for almost two decades. Born and raised in Toronto, Ken has a passion for helping people find their dream homes and investment properties has been the driving force behind his success. He has a deep understanding of the local real estate market, and his extensive knowledge and experience have earned him a reputation amongst his clients as a trusted and reliable partner when dealing with their real estate needs.

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