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Listed 2 months ago

460 Wellesley Street E

Cabbagetown-South St. James Town, Toronto

$1,825,000

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

Classic Prime Cabbagetown 3-storey red brick Victorian Semi located on one of the most coveted blocks at the east end of Wellesley Street just by the park. Elegant, well-loved and meticulously maintained by same devoted owners for decades, this impressive home exudes a creative energy that is simply good for the soul. Soaring ceilings, hardwood floors, glorious stained glass, deep crown mouldings and baseboards. Large windows bathe the interiors with natural light! A wood-burning fireplace with craftsman mantle anchors the living room and leads to a large separate dining room perfect for entertaining large groups of family and friends. Main floor 3-piece bath adds convenience to everyday life. A modern kitchen with breakfast bar flows seamlessly out to a magical sun-drenched wrap-around deck and backyard oasis - your private sanctuary for quiet morning coffee or languid summer nights dining al fresco. The primary suite has a large walk-in closet and fabulous 5-piece spa ensuite complete with sunken whirlpool tub and adjoining wet-room shower. A large 2nd bedroom has large windows overlooking front garden and double closets. The pièce de résistance is an extraordinary open-concept entire 3rd floor family room, office and library with soaring cathedral ceilings, built-in bookshelves, library ladder, skylight, a cozy gas wood stove and treetop views - the kind of inspiring space artists and creatives dream about! The full-height basement currently used as artist's studio and workshop offers tremendous potential for additional living space and the lovingly landscaped gardens front and back add to this beautiful home's charm. Parking off rear lane and just steps to the park, transit, shops, restaurants and cafes of Parliament Street and the fabled Riverdale Farm!

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agent
Milad Momtaz Azad
(647) 510-8858
TypeSemi-Detached
Style3-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$8,686
Lot Size17.65 ft x 90 ft
mls© NumberC13427030
Listed BySOTHEBY'S INTERNATIONAL REALTY CANADA

Listing History

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

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$9,341
Property tax
$724
Heat allowance
$150
Housing costs
$10,215 / mo

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

Down payment20% · $365,000
25-yr amortization

Income needed

$314,000

gross annual household income

Payment at 4%
$7,680 / mo
Cash down
$365,000

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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