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Cabbagetown-South St. James Town, Toronto
$1,825,000
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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| Type | Semi-Detached |
| Style | 3-Storey |
| Approx. Age | Not available |
| Size | 2000-2500 sq. ft. |
| Property Tax | $8,686 |
| Lot Size | 17.65 ft x 90 ft |
| mls© Number | C13427030 |
| Listed By | SOTHEBY'S INTERNATIONAL REALTY CANADA |
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%
- $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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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