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$ 1,399,000
Est. payment /mo
Price Dropped by $70K
412 WELLESLEY STREET E Toronto (cabbagetown-south St. James Town), ON M4X1H6
1,770 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Approx. Sqft 1770
Square Footage 1,770 sqft
Price per Sqft $790
Subdivision Cabbagetown-South St. James Town
MLS® Listing ID C12853190
Property Description
Perfectly located on the superior (East of Parliament) side of Toronto's iconic Cabbagetown, this exquisite semi-detached character home offers a picturesque living experience akin to residing within a lush park. Surrounded by charming Victorian heritage homes, well-manicured lawns, whimsical laneways, parks & walking paths, you'll find peace & tranquility alongside hip restaurants & shops. Proper duplex with separate metering makes for a savvy investment opportunity with a net annual income of approx. $60k (gross $77k).Excellent opportunity to live in one unit & rent out the other for extra income. Upper level is vacant, while the main level is occupied by market rate tenants on a month-to-month basis, ensuring flexibility. Elegant interior is adorned with oak hardwood floors, crown mouldings & high ceilings create a warm & inviting ambiance, while newer kitchen features chic cupboards, stylish backsplash, granite countertops & stainless steel appliances. Breakfast/dining area is a true highlight overlooking a front porch which provides a delightful view of Wellesley St, perfect for enjoying morning coffee. The living area features a cozy built-in bench & large side window. Walk-out to a private backyard for outdoor relaxation & entertaining, while the conveniently located main floor powder room is both stylish & functional. Oak staircase leads you down to the generously sized bedrooms. Lower level is a true retreat, showcasing high ceilings & spa-like 4-piece bathroom with marble, heated flooring for cozy comfort. Ample closet spaces in both rooms & separate laundry area. 2nd level apartment has 2 large bedrooms, 4pc washroom & modern kitchen combined with living area that flows seamlessly to oversized New Orleans style balcony looking over tree lined heritage district (grants available). Separate furnace, air conditioning and laundry for each unit. Easy access to highways & transit. New AC unit (2025) Washer & Dryer (2026) Main Unit Photos Are Virtually Staged (id:24570)
Location
Province ON
Rooms
Kitchen 0.0
Interior
Heating Forced air, Radiant heat
Cooling Fully air conditioned
Exterior
Parking Features No
View Y/N No
Attached Garage No
Garage No
Private Pool No
Others
Virtual Tour https://youtu.be/TI5ygJdOLkc?si=JiLMecTIK3QKHRwC
Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA
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