460 Wellesley Street, Toronto, ON
Cabbagetown-South St. James Town, Toronto · MLS® C13427030
About this home
Classic Prime Cabbagetown 3-storey red brick Victorian Semi located on one of the most coveted blocks at the east end of Wellesley Street just by the park. Elegant, well-loved and meticulously maintained by same devoted owners for decades, this impressive home exudes a creative energy that is simply good for the soul. Soaring ceilings, hardwood floors, glorious stained glass, deep crown mouldings and baseboards. Large windows bathe the interiors with natural light! A wood-burning fireplace with craftsman mantle anchors the living room and leads to a large separate dining room perfect for entertaining large groups of family and friends. Main floor 3-piece bath adds convenience to everyday life. A modern kitchen with breakfast bar flows seamlessly out to a magical sun-drenched wrap-around deck and backyard oasis - your private sanctuary for quiet morning coffee or languid summer nights dining al fresco. The primary suite has a large walk-in closet and fabulous 5-piece spa ensuite complete with sunken whirlpool tub and adjoining wet-room shower. A large 2nd bedroom has large windows overlooking front garden and double closets. The pièce de résistance is an extraordinary open-concept entire 3rd floor family room, office and library with soaring cathedral ceilings, built-in bookshelves, library ladder, skylight, a cozy gas wood stove and treetop views - the kind of inspiring space artists and creatives dream about! The full-height basement currently used as artist's studio and workshop offers tremendous potential for additional living space and the lovingly landscaped gardens front and back add to this beautiful home's charm. Parking off rear lane and just steps to the park, transit, shops, restaurants and cafes of Parliament Street and the fabled Riverdale Farm!
Key facts
- Property type
- Semi-Detached, 3-Storey
- MLS®
- C13427030
- Bedrooms
- 3
- Bathrooms
- 2
- Size
- 2000-2500
- Lot
- 17.65 × 90 ft
- Cross streets
- Wellesley St E & Sumach St
- Parking
- 1 parking
- Driveway
- Lane
- Basement
- Walk-Out, Partially Finished
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Front, Metal/Steel Siding
- Foundation
- Brick
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $8,686 / 2026
- Days on market
- 37
- Listing brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Rooms
b/i shelves · laundry sink
large window · overlooks backyard · pot lights
combined w/family · b/i bookcase · skylight
b/i shelves · large window · pot lights
stained glass · tile floor
combined w/office · gas fireplace · large window
large window · double closet · overlooks frontyard
breakfast bar · stainless steel appl · w/o to deck
3 pc bath · separate shower · marble floor
5 pc ensuite · double sink · soaking tub
fireplace · crown moulding · stained glass
walk-in closet(s) · closet organizers
walk-out · above grade window
b/i shelves · pot lights
Listed at $1,825,000, 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 62 similar homes nearby, adjusted for size, beds, and baths.Median of 62 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.76M, a close match.
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 $988K
- Bedrooms −$30K
- Bathrooms −$15K
- Adjusts to $943K
That comparable adjusts to $943K; the $1.80M estimate above is the median of all 62 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 North Side is about a 6-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.80M, median of 62 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.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Primary suite: a key comfort and resale feature.
- Open-concept layout: modern, sought-after flow.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Worth verifying
- Value driver
- 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 2% below the area average of $830/sqft.
32 days longer than the Toronto average (5 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 North Side, about 512 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 18, 2026); conventional rates run a little higher.
Mortgage amount $1,460,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $7,791
- Property tax
- $724
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $8,515
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $32,975
- Toronto municipal land transfer tax
- $32,975
- Estimated closing costs
- $65,950
Plus your down payment of $365,000. 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
- $467,466
- Principal paid down
- $185,931
- Interest paid
- $281,535
- Balance remaining
- $1,274,069
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
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 SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.