4 Wellesley Place, Toronto, ON
Cabbagetown-South St. James Town, Toronto · MLS® C12812706
About this home
Step into a once-in-a-lifetime residence - this award-winning, impeccably restored 1877 heritage estate offers over 8,000 sq ft of fully furnished luxury living, blending timeless grandeur with modern comfort. A breathtaking grand foyer with white Carrara marble floors, soaring 12-foot ceilings, and original moldings sets an unforgettable first impression. The elegant living room, complete with an open gas fireplace and baby grand piano, flows through 10-foot French doors to a private courtyard, while the formal dining room with butler's pantry and dual courtyard access is designed for exceptional entertaining.A dramatic sweeping staircase beneath a 20-foot ceiling and a private elevator servicing the main and second floors ensure effortless living. Additional lifestyle spaces include a dedicated recreation/TV room, fully equipped gym, steam sauna, and a separate private one-bedroom apartment - ideal for guests, staff, or extended family. Recognized with the Heritage Toronto Best Restoration Award, this extraordinary residence speaks to unmatched craftsmanship and prestige. For those seeking a refined statement home to experience the energy of the city during FIFA, this exceptional property offers privacy, elegance, and a truly unforgettable stay. List price reflects a 5-day short-term rental.
Key facts
- Property type
- Detached, 2 1/2 Storey
- MLS®
- C12812706
- Bedrooms
- 5
- Bathrooms
- 5 (1 half)
- Size
- 5,000 sq ft
- Cross streets
- Jarvis St & Wellesley St E
- Parking
- 2 parking
- Driveway
- Front Yard Parking
- Basement
- Finished
- Heating
- Water
- A/C
- Wall Unit(s)
- Exterior
- Brick, Stone
- Foundation
- Brick, Stone
- Roof
- Unknown
- Sewer
- Other
- Days on market
- 144
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
wet bar · b/i shelves
Hardwood Floor
marble floor · staircase · accoustic ceiling
hardwood floor · fireplace · crown moulding
Hardwood Floor
Hardwood Floor
combined w/family · heated floor · centre island
Hardwood Floor
hardwood floor · 4 pc bath · b/i closet
hardwood floor · fireplace
hardwood floor · formal rm · fireplace
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent leases and give you a straight answer on what it will really take.
Ask Moe if this price is fairIts public catchment (Jesse Ketchum Junior and Senior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, this is a very walkable address with everyday errands close by. Wellesley St East at Jarvis St is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Elevator: rare and valuable for accessibility and resale.
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homes143 days longer than the Toronto average (1 days).
View comparable listingsNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
Cabbagetown-South St. James Town, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Wellesley St East at Jarvis St, about 134 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $20,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $107
- Property tax
- $16
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $122
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $125
- Toronto municipal land transfer tax
- $125
- Estimated closing costs
- $250
Plus your down payment of $5,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $6,404
- Principal paid down
- $2,547
- Interest paid
- $3,857
- Balance remaining
- $17,453
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE SIGNATURE REALTY. MLS®/PropTx.