$1,699,000

For sale

489 Ontario Street, Toronto (Cabbagetown-South St. James Town) - Single Family for Sale

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

3 beds3 baths0 parking1,750 ft²48 × 26 ft (1,221 sq ft) lot sizeListed 14 days ago

Overview

This 3-bedroom, 3-bathroom home in Toronto is for sale offering roughly 1,750 sq ft of space. Its $1,699,000 asking price sits right in line with the $1,735,000 median in Toronto. It has been on the market 14 days, fresher than the Toronto average of 56 days.

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Description

A rare offering in Toronto's coveted Cabbagetown, this distinctive three-storey townhouse brings together beautiful design, generous proportions and an artfully curated aesthetic. Rich in personality and thoughtfully appointed throughout, the home balances expressive style with understated sophistication. 3 bedrooms above grade, perfectly laid out with a versatile lower level that can be used as a guest bedroom or extra family room. Well-appointed rooms offer inviting spaces for entertaining and everyday living, while large bedrooms provide exceptional comfort. The primary bedroom retreat is a private haven, offering a peaceful escape at the end of the day. Outdoors, a serene, low-maintenance garden creates an intimate setting. Tastefully composed and truly one of a kind, this is a home for those who appreciate interiors with character and a style all their own. (id:66096)

Property Details

MLS®: C14104316
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 0
Interior Size: 1,750 ft²
Lot Size: 48 × 26 ft (1,221 sq ft)
Frontage: 48 ft
Storeys: 3
Basement: Finished, N/A
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Ownership: Freehold
Property Tax: $9,783.8/yr
Listed

Rooms

Main level

Living room: 6.4 x 4.6 meters
Dining room: 6.4 x 4.6 meters
Kitchen: 2.9 x 3.74 meters

Second level

Bedroom 2: 3.65 x 2.96 meters
Bedroom 3: 4.57 x 3.48 meters
Den: 1.78 x 2.52 meters

Third level

Primary Bedroom: 4.18 x 4.98 meters

Lower level

Family room: 3.9 x 5.86 meters
Laundry room

Features

Appliances: Window Coverings
Flooring: Hardwood, Marble, Carpeted
Foundation: Concrete
Exterior: Brick

Services

Water: Municipal water
Sewer: Sanitary sewer
Utilities: Sewer, Electricity, Cable

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

14d

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

56d

Price / ft²

$971

List price

$1.70M

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 3-bed single family in Toronto (Cabbagetown-South St. James Town) has been listed for 14 days, which is 42 days fresher than the city average of 56. Act while there is still low competition.

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Listed by HARVEY KALLES REAL ESTATE LTD. · MYTU DOAN

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4X)

This home lists at $1,699,000, about 28.9× the local median household income of $58,800.

Carrying it typically needs a household income of about $331,874 (20% down, 25-yr amortization, stress-tested) — roughly 464% 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)

$1,699,000· $971/ft²

For sale

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Full Cost Breakdown

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Down Payment20% · $339,800

Min 20%50%

Mortgage payment$7,246/mo

Property tax (est.)$815/mo

Total monthly$8,061

Cash Needed to Close

Down payment (20%)$339,800

Land transfer tax$60,910

Est. closing costs$7,597

Total cash needed$408,307

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