42 Amelia Street, Toronto, ON
Cabbagetown-South St. James Town, Toronto · MLS® C13217618
About this home
Freshly Painted Elegant Victorian Residence On A Quiet, Sought-After Street In Cabbage Town. Rare Offering With Two Self-Contained Dwellings Under One Address-Ideal For End-Users Or Investors. Main House Features Over 3,000 Sq. Ft. Above Grade With 3+2 Bedrooms Includes 2 Ensuites And 4 Full Bathrooms. 10 Feet High Main Floor. Bright Open-Concept Main Floor With Hardwood Floors, Gas Fireplace, High Ceilings, And Pot Lights. Large Gourmet Kitchen Perfect For Entertaining. Spacious Primary Bedroom With 5-Pc Ensuite And Closet. Second Bedroom With Renovated Ensuite And Walk-In Closet. Third Floor Walkout To Private Deck; Large Front Porch Ideal For Outdoor Enjoyment. Finished Basement Includes 2 Bedrooms And Renovated Bathroom For Added Living Space. Newly Renovated (2026) Coach House At Rear Offers Approx. 1,760 Sq. Ft. Over 3 Finished Levels, With Private Parking And Courtyard. Features 2 Bedrooms On Second Floor, 2 Full Bathrooms, And Open-Concept Basement Recreation Room That Can Serve As A Third Bedroom Or Office. Combines Classic Victorian Charm With Modern Upgrades. Located In North America's Largest Preserved Victorian Neighborhood. Walking Distance To Parks, Schools, Transit, Shopping, And Restaurants.
Key facts
- Property type
- Detached, 2 1/2 Storey
- MLS®
- C13217618
- Bedrooms
- 5 (3 + 2)
- Bathrooms
- 4
- Size
- 2500-3000
- Lot
- 28.95 × 97.75 ft
- Cross streets
- Wellesley & Parliament St
- Parking
- 1 parking
- Driveway
- Private
- Basement
- Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Unknown
- Roof
- Unknown
- Sewer
- Sewer
- Property tax
- $13,694 / 2025
- Days on market
- 48
- Listing brokerage
- SMART SOLD REALTY
Rooms
updated · 4 pc bath · ceramic floor
updated · 5 pc bath · large window
hardwood floor · w/w closet · semi ensuite
updated · b/i appliances · centre island
hardwood floor · track lighting · w/o to balcony
hardwood floor · open concept · bay window
laminate · double closet · window
laminate · pot lights · window
hardwood floor · fireplace · pot lights
hardwood floor · double closet · large window
Listed at $2,180,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 45 similar homes nearby, adjusted for size, beds, and baths.Median of 45 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.10M, higher than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $1.19M
- Bedrooms +$30K
- Bathrooms +$15K
- Adjusts to $1.23M
That comparable adjusts to $1.23M; the $2.10M estimate above is the median of all 45 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
The assigned public school is Sprucecourt Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.
On location, this is a very walkable address with everyday errands close by. Parliament St at Wellesley St East South Side is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $2.10M, median of 45 comparables.
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.
- Finished basement: added living space, worth checking ceiling height and that the work was permitted.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Primary suite: a key comfort and resale feature.
- Value driver
- Worth verifying
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 11% below the area average of $890/sqft.
47 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
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: Parliament St at Wellesley St East South Side, about 149 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
Homes over $1.5M can't be insured, so 20% down or more is required.
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 $1,744,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9,307
- Property tax
- $1,141
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,448
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $40,975
- Toronto municipal land transfer tax
- $40,975
- Estimated closing costs
- $81,950
Plus your down payment of $436,000. 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
- $558,398
- Principal paid down
- $222,099
- Interest paid
- $336,299
- Balance remaining
- $1,521,901
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.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SMART SOLD REALTY. MLS®/PropTx.