440 Sackville Street, Toronto, ON
Cabbagetown-South St. James Town, Toronto · MLS® C13751000
About this home
In short
- In the heart of Cabbagetown, this charming home boasts a perennial, three-season flowering garden and seamlessly blends classic period features with modern conveniences.
- The property includes a tenanted basement studio apartment, built with permits in 2019, offering potential mortgage assistance or additional income.
- The main floor kitchen, modernized in 2024 by Scavolini Design, features a full suite of Gaggenau appliances, perfect for any home chef.
- The second-floor family bathroom has been completely renovated with charming tile treatments, an antique washstand, and Carrera marble countertops and sink.
- The suite also includes heated floors, accent lighting, and a European wall-hung towel heater.
In the heart of Cabbagetown, this charming home boasts a perennial, three-season flowering garden and seamlessly blends classic period features with modern conveniences. The property includes a tenanted basement studio apartment, built with permits in 2019, offering potential mortgage assistance or additional income. As the end unit of three, it enjoys abundant natural light through windows on its south-facing side. The main floor kitchen, modernized in 2024 by Scavolini Design, features a full suite of Gaggenau appliances, perfect for any home chef. The lower level kitchen offers Scavolini cabinetry, stainless steel appliances, and an ensuite laundry. The second-floor family bathroom has been completely renovated with charming tile treatments, an antique washstand, and Carrera marble countertops and sink. The spacious second-floor laundry, formerly the fourth bedroom, includes a taupe laundry pair under a marble waterfall counter and three large storage cabinets which remain with the home. The largest of two second-floor bedrooms, which can also serve as a family room, features crown molding and pot lights. The primary suite, located on the top floor, was redesigned and built in 2026. It offers a soothing retreat with a blend of flooring and cabinetry, a large walk-in closet with integrated drawers, and a luxurious ensuite with a large shower, separate tub, and an oversized skylight with a view of the Toronto skyline. The suite also includes heated floors, accent lighting, and a European wall-hung towel heater. Up-to-date mechanicals ensure comfort and cost control, with infloor heating in the lower level, main floor kitchen, and primary washroom. Street parking is readily available via permit, and the small-sized lot provides an opportunity for gardening without extensive maintenance. Located within walking distance to restaurants, shopping, eclectic Parliament Street, and Riverdale Park/Farm, this home offers a perfect blend of convenience and beauty in the city
Key facts
- Property type
- Townhouse, 2 1/2 Storey
- MLS®
- C13751000
- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 1100-1500 sq ft
- Lot
- 21.58 × 49.67 ft
- Cross streets
- Parliament & Wellesely E
- Parking
- 0 parking
- Basement
- Apartment, Separate Entrance, Full, Walk-Up
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick
- Foundation
- Brick, Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,988 / 2026
- Days on market
- 4
- Listing brokerage
- RIGHT AT HOME REALTY
Rooms
modern kitchen · walk-out · b/i appliances
hardwood floor · crown moulding · wainscoting
hardwood floor · pot lights · crown moulding
hardwood floor · marble counter · w/w closet
hardwood floor · brick fireplace · pot lights
walk-in closet(s) · 3 pc bath · above grade window
vaulted ceiling(s) · 5 pc ensuite · walk-in closet(s)
hardwood floor · large window · closet
stainless steel appl · modern kitchen · combined w/laundry
Listed at $1,549,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $1.51M, typically $1.41M to $1.67M. Comparable closings on their own put this home around $1.41M, so the ask carries a premium over the comparables: the seller is pricing in the finishes, the lot, or room to negotiate. That gap is your negotiating room.
Second read, from the city assessment: $1.67M. That is about 18% above the comparable-sales figure. When my two methods disagree this much, the answer usually sits between them and something about this home is not in the comparables (the lot, the condition, a rebuild). I would want to see it before leaning on either number.
Total price vs nearby homes. Fair value about $1.51M, median of 28 comparables.
The market behind the math:
About 2 months of inventory: 6 townhouse homes for sale in the area against 9 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,192/sqft against an area asking average of $934/sqft. Size and $/sqft both feed the estimate above.
- Separate-entrance basement apartment features. A finished basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. In Cabbagetown-South St. James Town basements rarely rent out (1 of 31 recent detached leases were basement units), so buyers here treat a suite as family or nanny space rather than income. Value it for the living space, not the rent. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version
I take the 28 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.67M, a bit higher.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Heated floors: comfort and a premium-finish signal. Lifestyle
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing. Worth verifying
Schools & getting aroundcatchment and transit
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.
Read this with carewhy it’s an estimate, not an appraisal
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 5 homes sold on this street over the past two years, from 41 closings in Cabbagetown-South St. James Town.
Nothing closely matching this home is listed nearby right now, so these are the nearest townhouse listings on the market. Homes like this one have recently closed around $1.41M, which is where my estimate comes from.
Per square foot, these ask about $938/sqft; this home lists at $1,192/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesNeighbourhood & 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.
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
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 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.
Mortgage amount $1,239,200 · 4.24% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $6,681
- Property tax
- $666
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $7,346
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $27,455
- Toronto municipal land transfer tax
- $27,455
- Estimated closing costs
- $54,910
Plus your down payment of $309,800. 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
- $400,840
- Principal paid down
- $155,963
- Interest paid
- $244,877
- Balance remaining
- $1,083,237
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
About the suite: in Cabbagetown-South St. James Town basements rarely rent out (1 of 31 recent detached leases were basement units), so the figure above does not count it as income. Buyers here use a suite as family or nanny space.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 8 whole-home leases in Cabbagetown-South St. James Town signed at a median of $4,626 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $4,016. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.