344 Wellesley Street, Toronto, ON

$1,695,000
MLS#:C9234152
4 beds
3 baths
2000-2500 sqft
1.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 3-Storey att/row/townhouse located in the coveted neighborhood of Cabbagetown-South St. James Town. Expertly crafted featuring premium board & batten and brick construction, this residence presents an exceptional opportunity offered at $1,695,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 4 Bedrooms and 3 Bathrooms
  • Generous living space spanning 2000-2500 sqft on a premium 15.77 x 94 ft lot
  • Features a full basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Discover Historic Elegance and Modern Luxury in Northern Cabbagetown. Welcome to a rare gem nestled in the heart of northern Cabbagetown a neighbourhood renowned for its historic charm and modern sophistication. This exquisite 3-storey, 4-bedroom Victorian brick home is situated on one of the most sought-after streets, part of one of North America's largest neighbourhoods of preserved Victorian homes. Step inside to be greeted by soaring ceilings over 9 feet high, blending seamlessly with the home's modern design. The contemporary kitchen is both stylish and functional, perfect for culinary adventures. Hardwood oak floors flow throughout, adding warmth and character to this already stunning residence. The full third-floor addition offers a generous primary bedroom, complete with a luxurious four-piece ensuite bathroom a private oasis designed for relaxation and comfort. Enjoy breathtaking views of Toronto's downtown skyline from the upper floors, overlooking the quaint Wellesley Cottages, a charming row of Victorian workers' homes. The newly erected wooden fence in the garden ensures privacy and enhances the outdoor aesthetic. Private parking is conveniently located in the laneway just behind the house, ensuring ease and accessibility. The vibrant neighbourhood exudes architectural charm and a strong sense of community, with friendly residents and a family-oriented atmosphere. Just steps from Wellesley Park, the site of the annual Forsythia Festival, complete with a new splash pad and the gated Forsythia playground. Nearby attractions include the must-see Riverdale Farm and Park. The new bike lanes on Broadview offer quick access to the Canary District, lakefront, and an easy ride to the Don Valley Brickworks and beyond. This home is truly the full package combining historic charm, modern elegance, and a prime location in one of Toronto's most desirable neighborhoods. Don't miss the opportunity to make this stunning Victorian residence your own.

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Key Features

Bedrooms
4
Bathrooms
3
Kitchens
1
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateAugust 26, 2024
Sold price information is available to members only
Listed Date7/31/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style3-Storey
ConstructionBoard & Batten , Brick
BasementFull
Lot Size15.77 × 94 Feet
CountyToronto
Annual Tax$7,553.45
Legal DescriptionPT PARKLT 2 CON 1 FTB TWP OF YORK AS IN CT701096; T/W CT701096; CITY OF TORONTO

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Clear View, Library, Park, Public Transit, Rec./Commun.Centre, Fenced Yard

Interior Features

None

Security Features

Community Features

Location

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344 Wellesley Street, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 344 Wellesley Street E, Toronto C08, ON M4X 1H3

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$339,000 (20.0%)
* Minimum Canadian down payment required for this price is $339,000.
Amortization Period25 Years
Estimated Monthly Payment$8,081Based on a loan of $1,356,000 over 25 years.
Purchase Price$1,695,000
Loan Amount$1,356,000
Provincial Land Transfer Tax:$30,375
Toronto Municipal Land Transfer Tax:$30,375
Total Estimated Closing Taxes:$60,750

About Purchasing a Home in Toronto, ON

For a property listed at $1,695,000 in Toronto, the legal minimum down payment is $339,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $30,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $30,375 also applies, bringing the total estimated land transfer taxes to $60,750.

Nearby Listings

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,168,334

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

St Monica
Public14 Broadway Avenue, Toronto, Ontario, M4P 1T4
6.9
Deer Park
Public23 Ferndale Avenue, Toronto, Ontario, M4T 2B4
6.9
St Anselm
Public182 Bessborough Drive, Toronto, Ontario, M4G 3J9
8.7
Blythwood
PublicToronto, Ontario, M4G 0A6
9.4
Our Lady of Perpetual Help
Public1 1/2 Garfield Avenue, Toronto, Ontario, M4T 1E6
9.7

Secondary Schools

North Toronto
Public17 Broadway Avenue, Toronto, Ontario, M4P 1T7
8.4
Northern
Public851 Mount Pleasant Road, Toronto, Ontario, M4P 2L5
8.2
Marshall McLuhan
Public1107 Avenue Road, Toronto, Ontario, M5N 3B1
7.2
Leaside
Public200 Hanna Road, Toronto, Ontario, M4G 3N8
9.1
Forest Hill
Public78 Dunloe Road, Toronto, Ontario, M5P 2T6
7.5

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.