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412 Wellesley Street E Toronto (Cabbagetown-South St. James Town), Ontario M4X 1X6

1770 sqft
Fully Air Conditioned Forced Air, Radiant Heat

$1,499,000

Perfectly located on the superior 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. The lower level is a true retreat, showcasing high ceilings & a spa-like 4-piece bathroom with marble, heated flooring for cozy comfort. Ample closet spaces in both rooms & a separate laundry area. Charming 2nd level apartment has 2 large bedrooms, 4pc washroom & a modern kitchen combined with a living area that flows seamlessly to an oversized New Orleans style balcony looking over the tree lined heritage district. Separate furnace, air conditioning and laundry for each unit. Easy access to highways & public transit. New AC unit (2025) Washer & Dryer (2026) Main Unit Photos Are Virtually Staged (id:45725)

Business

Business Type Residential
Business Sub Type Apartments

Property Details

MLS® Number C12853190
Property Type Multi-family
Community Name Cabbagetown-South St. James Town
Equipment Type Water Heater
Rental Equipment Type Water Heater

Building

Appliances Dishwasher, Dryer, Microwave, Two Washers, Window Coverings
Cooling Type Fully Air Conditioned
Heating Fuel Electric
Heating Type Forced Air, Radiant Heat
Size Exterior 1770 Sqft
Size Interior 1770 Sqft
Type Multi-family
Utility Water Municipal Water

Land

Acreage No
Size Depth 90 Ft
Size Frontage 17 Ft ,6 In
Size Irregular Bldg=17.5 X 90 Ft
Size Total Text Bldg=17.5 X 90 Ft
Zoning Description R(d1*851)

https://www.realtor.ca/real-estate/29436892/412-wellesley-street-e-toronto-cabbagetown-south-st-james-town-cabbagetown-south-st-james-town

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