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4 Beds

3 Baths

Price Dropped by $70K

412 Wellesley ST E Toronto C08, ON M4X 1H6

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Daniel Freeman

distincturbanhomes@gmail.com +1(416) 937-5556

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Approx. Sqft 1500-2000

Municipality Toronto C08

Subdivision Cabbagetown-South St. James Town

MLS Listing ID C12853178

Style 2-Storey

Bedrooms 4

Annual Tax Amount $8,495

Tax Year 2025

Property Sub-Type Duplex

Property Description

Perfectly located on the superior side (East of Parliament) 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 for the new owner to take full possession. 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 window bench. Walk-out to private backyard for outdoor relaxation & entertaining, while conveniently located main floor powder room is both stylish & functional. Oak staircase leads down to 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 a living area that flows seamlessly to oversized New Orleans style balcony looking over the tree lined heritage district (grants available). Separate furnace, air conditioning and laundry for each unit. Easy access to highways & transit. Main Unit Photos Are Virtually Staged

Location

Province ON

County Toronto

Community Toronto C08

Area Toronto

Zoning R(d1*851)

Rooms

Family Room No

Basement Finished

Kitchen 2

Interior

Interior Features On Demand Water Heater, Separate Heating Controls, Separate Hydro Meter, Storage

Cooling Central Air

Inclusions 2 fridges, 2 stoves, 2 washers, 2 dryers, (Main Unit Washer & Dryer Replaced New in 2026) 2 Furnaces, 2 Air Conditioning Units, (Main Unit AC replaced New in 2025) 1 Dishwasher, 1Microwave. All Electrical Light Fixtures, All existing window coverings. Approx 2670 Total Sq Footage Including Basement.

Exterior

Exterior Feature Deck, Landscaped, Porch, Year Round Living

Parking Features Street Only

Pool None

Roof Type Unknown

Lot Frontage 17.5

Lot Depth 90.0

Building

Building Age 100+

Foundation Unknown

Others

Senior Community No

ParcelsYN No

Virtual Tour https://youtu.be/TI5ygJdOLkc?si=JiLMecTIK3QKHRwC

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

NEARBY SCHOOL & BUSINESS

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Daniel Freeman

Broker | License ID: 1614165

+1(416) 937-5556

412 Wellesley ST E Toronto C08, ON M4X 1H6

Daniel Freeman

Key Details

Location

Rooms

Interior

Exterior

Building

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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412 Wellesley ST E

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