412 WELLESLEY STREET E
Toronto (Cabbagetown-South St. James Town), Ontario
MLS® C12853178
$1,399,000
- Status
- Active
- Property type
- Multi-family
- MLS® number
- C12853178
- Bedrooms
- 4
- Bathrooms
- 3
- Year built
- —
1 / 51Listing 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
Property summary
- MLS® number
- C12853178
- Property type
- Multi-family
- Building type
- Duplex
- Land size
- 17.5 x 90 FT
- Annual property taxes
- $8,495.00
- Parking
- No Garage, Street
- Days on market
- 178 days
Features & details
- Heating
- Radiant heat, Forced air, Other
- Cooling
- Central air conditioning
- Basement
- Finished, N/A
- Flooring
- Hardwood, Carpeted
- Appliances
- Dishwasher, Dryer, Microwave, Two stoves, Window Coverings, Two Washers, Water Heater - Tankless, Two Refrigerators
- Exterior features
- Brick
- Lot features
- Cul-de-sac, Ravine
What would this home cost you?
Based on the $1,399,000 asking price at a 5.00% example rate, semi-annual compounding.
Renanza Realty Inc. can represent you on this property — send an enquiry to arrange a private viewing.
Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA, TORONTO.
The listing data displayed here is provided in part by the Canadian Real Estate Association (CREA) through its Data Distribution Facility (DDF®) and is drawn from Boards and Associations across Canada. Information is deemed reliable but is not guaranteed accurate by CREA. The listings are held by brokerages other than Renanza Realty unless otherwise noted.
The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.