$999,000

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317 Wellesley Street East, Toronto (Cabbagetown-South St. James Town) - Single Family for Sale

317 Wellesley Street East, Toronto (Cabbagetown-South St. James Town), Ontario, M4X1H2

2 beds1 bath parking

489 Ontario Street, Toronto (Cabbagetown-South St. James Town), Ontario, M4X1M8

3 bd3 ba1,750 ft²Lot size 48 × 26 ft (1,221 sq ft)

Listed by HARVEY KALLES REAL ESTATE LTD.

16 St. James Court, Toronto (Cabbagetown-South St. James Town), Ontario, M4X1X4

For sale

14 days ago

$1.40M

16 St. James Court, Toronto (Cabbagetown-South St. James Town), Ontario, M4X1X4

3 bd3 ba1 pk1,300 ft²Lot size 16 × 99 ft (1,533 sq ft)

Listed by HARVEY KALLES REAL ESTATE LTD.

36 Aberdeen Avenue, Toronto (Cabbagetown-South St. James Town), Ontario, M4X1A2

For sale

15 days ago

$1.58M

36 Aberdeen Avenue, Toronto (Cabbagetown-South St. James Town), Ontario, M4X1A2

4 bd3 ba2,250 ft²Lot size 20 × 76 ft (1,497 sq ft)

Listed by SOTHEBY'S INTERNATIONAL REALTY CANADA

12 St. James Court, Toronto (Cabbagetown-South St. James Town), Ontario, M4X1X4

For sale

19 days ago

$1.60M

12 St. James Court, Toronto (Cabbagetown-South St. James Town), Ontario, M4X1X4

3 bd3 ba1 pk2,250 ft²Lot size 15 × 99 ft (1,444 sq ft)

Listed by REAL BROKER ONTARIO LTD.

Investment analysis

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$999,000

Toronto

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15 × 128 ft (1,920 sq ft) lot size

Overview

This 2-bedroom, 1-bathroom home in Toronto is for sale offering roughly 900 sq ft of space. It has been on the market 7 days, fresher than the Toronto average of 56 days.

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Description

Historic Cabbagetown! Charming Victorian Row Townhouse, 2-bedroom bungalow on a premium deep lot with private fenced yard, detached garage, and dedicated laneway access on Jeffreys Ln, potential for a laneway dwelling, subject to approvals! Rare opportunity for end- users, renovators, or investors in this sought-after neighbourhood! Walk to Riverdale Farm, Shops, and Cafe's, minutes from the downtown core. Explore the Possibilities!! (id:66096)

Property Details

MLS®: C14123810
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 900 ft²
Lot Size: 15 × 128 ft (1,920 sq ft)
Frontage: 15 ft
Storeys: 1
Style: Bungalow
Basement: Partial
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Detached Garage, Garage
Ownership: Freehold
Property Tax: $7,074.61/yr
Listed: 7 days ago

Rooms

Ground level

Living room: 4.2 x 3.6 meters
Kitchen: 4.2 x 2.8 meters
Primary Bedroom: 5.18 x 2.9 meters
Bedroom 2: 3.9 x 2.9 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave
Flooring: Hardwood
Foundation: Unknown
Exterior: Stucco, Brick Facing
Lot Features: Lane, Carpet Free

Services

Water: Municipal water
Sewer: Sanitary sewer

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Cabbagetown-South St. James Town) listings, avg age

56d

Price / ft²

$1,110

List price

$999K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (Cabbagetown-South St. James Town) has been listed for 7 days, which is 49 days fresher than the city average of 56. Act while there is still low competition.

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Listed by GALLO REAL ESTATE LTD. · RHONDA MARY BARRESI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4X)

This home lists at $999,000, about 17.0× the local median household income of $58,800.

Carrying it typically needs a household income of about $195,140 (20% down, 25-yr amortization, stress-tested) — roughly 232% above the area median.

Median household income: $58,800
Population: 19,896
Median age: 39.2
Owner / renter: 15% / 85%
Avg. household size: 2

Source: Statistics Canada, 2021 Census (FSA M4X)

$999,000· $1,110/ft²

For sale

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Full Cost Breakdown

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Down Payment7.50% · $74,900

Min 7.50%50%

Mortgage payment$5,123/mo

↳ CMHC premium ($36,964 capitalized)

Property tax (est.)$590/mo

Total monthly$5,713

Cash Needed to Close

Down payment (7.50%)$74,900

Land transfer tax$32,910

Est. closing costs$5,497

Total cash needed$113,307

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