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MLS® C12853190
Cabbagetown-South St.James Town, Toronto, ON
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
Inclusions
2 fridges, 2 stoves, 2 washers, 2 dryers, (Main Unit Washer & Dryer Replaced New in 2026) 2Furnaces, 2 Air Conditioning Units, (Main Unit AC replaced New in 2025) 1 Dishwasher, 1Microwave. All Electrical Light Fixtures, All existing window coverings. Total 2670 sq ft including basement
Exclusions
All outdoor furniture, decor, potted plants and mini shed in backyard belonging to the tenants. Film projector and surround sound speakers in the living room belonging to tenants. Built in cabinets and bookshelves in children's basement bedroom belonging to tenants.
Broker
SOTHEBY'S INTERNATIONAL REALTY CANADA
Neighbourhood
Cabbagetown-South St.James Town
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Investment
412 Wellesley Street E Toronto
Cabbagetown-South St.James Town
Type
Investment
Parking
None
Property Tax
~$8,495/yr
Heating
Electric Forced Air
Buying Essentials
Square Feet
1770 sqft
Parking
None
Finances
List Price
$1,399,000
Price per SQFT
$790/sqft
Property Tax
~$8,495/yr
Property Specs
Property Type
Investment
MLS Size
1770 sqft
Living & Amenities
Heating Type
Electric Forced Air
Policies & Utilities
Neighbourhood
Cabbagetown-South St.James Town
Listed On
Mar 6, 2026
Days on Market
Current: 247 days
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