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
Address
412 Wellesley Street E
List Price
$1,499,000
MLS® Status
New
Expiration Date
2026-09-06
Property Type
Commercial
Type of Dwelling
Investment
Transaction Type
Sale
Area
Toronto C08
Sub-Area
Cabbagetown-South St. James Town
Region
Toronto
Lot Size Source
MPAC
Lot Depth
90
Lot Type
Building
Lot Size Units
Feet
Lot Width
17.5
Parcel Number
130030058
Total Building Area
1770
Occupant Type
Partial
Cross Street
Parliament and Wellesley
MLS® Number
C12853190
Listing Brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA
Basement
Yes
Postal Code
M4X 1X6
Posession Details
Depending on use
Tax Amount
$8,495.00
Tax Year
2025
Standard Status
Active
Board Or Association
Toronto Regional Real Estate Board
Heat Type
Electric Forced Air
Cooling Features
Yes
Garage Type
None
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