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Listed 2 months ago

466 Wellesley Street E

Cabbagetown-South St. James Town, Toronto

$2,595,000

Semi-Detached |3-Storey
2 | 4 | 1
About this home

This architecturally stunning, fully renovated semi-detached Cabbagetown Victorian with rear addition is steps from Wellesley park and features a classic steep-pitched gabled roof, Indiana limestone front entrance stairs, copper eaves, and copper downspouts. Three sided, canted bay windows on each floor of the front south facade bathe the formal living room, second floor family room, and primary suite in natural light. The open concept main floor features a stunning cast iron spiral staircase visible from the street, an open concept formal living room and open dining room, a charming powder room, spectacular eat in kitchen, fully equipped with brand name stainless steel appliances, suits those well who are passionate about cooking and walks out to a comfortable patio. The second level features a large family room, which could be converted into a third bedroom, with a built in gable window seat, large office area with built-in cabinetry, a full washroom, laundry room, and a generous second bedroom with built in cabinetry and a private deck. The primary suite spans the full third floor bathed in natural light from a south facing window and skylight, features two walk in closets, and an impressive five piece ensuite with double sinks, a claw foot tub, and towel warmers. In-floor radiant heat and high velocity air conditioning throughout offer comfortable four seasons climate control. Steps to Wellesley park offers residence a sandy play area and splash pad for children, a pickle ball court, and lots of shaded grass area to enjoy. Take in the splendours of Cabbagetown including visiting Riverdale Farm, the seasonal Tuesday afternoon farmers markets, many great dining options, artesian vendors, corner store flower shops, everything you need and more in Toronto's largest Victorian neighbourhood.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeSemi-Detached
Style3-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$10,067
Lot Size16.5 ft x 90 ft
mls© NumberC13261600
Listed ByCHESTNUT PARK REAL ESTATE LIMITED

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$13,282
Property tax
$839
Heat allowance
$150
Housing costs
$14,271 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $519,000
25-yr amortization

Income needed

$439,000

gross annual household income

Payment at 4%
$10,920 / mo
Cash down
$519,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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