For SaleInvestment

412 Wellesley Street E

$1,399,000
1,770 sqft$790/sq ft128d on market
MLS# C12853190Cabbagetown-South St. James Town, Toronto · M4X 1H6
Bedrooms
Size
1,770 sq ft
Parking
None

About This Listing

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

Monthly Mortgage (P&I)$6,095
Property Tax (MLS)$708
Maintenance Fees$0
Total Monthly Cost$6,803

Down payment: $279,800 (20.0%) · Mortgage: $1,119,200

Property tax uses MLS annual tax of $8,495/yr. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

Property Details

MLS NumberC12853190
Property TypeInvestment
StyleApartment
Listing TypeFor Sale
StatusActive
Size1,770 sq ft
Parking TypeNone
Property Tax$8,495/yr
Days on Market128
Listed2026-03-06
CommunityCabbagetown-South St. James Town
MunicipalityToronto
Cross StreetParliament and Wellesley

Listing provided by SOTHEBY'S INTERNATIONAL REALTY CANADA

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Data last updated: August 23, 2026 at 10:25 a.m.