201 Seaton Street, Toronto, ON

Cabbagetown-South St. James Town, Toronto · MLS® C13849994

$1,590,000
For Sale
Listed 18 days agoNo offer date stated

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4Bedrooms
3Bathrooms
2Parking
2000-2500Sq ft

About this home

In short

  • A rare opportunity to own a distinctive multi-unit historic home in the heart of Cabbagetown South.
  • Offering three self-contained residential units and approximately 3,038 sq. ft. of total living space across four levels, this unique property presents an excellent...
  • An ideal opportunity for an owner-occupier to enjoy the character and space of the main residence while benefiting from rental income from the two upper...
  • The second-level suite is a spacious 1+1 with over 800 sq. ft. of living space, featuring high ceilings, exposed brick, and plenty of character throughout.
  • Offering approximately 568 sq. ft., this distinctive space is filled with character, featuring soaring ceilings, skylights, exposed brick, beautiful original trim...

A rare opportunity to own a distinctive multi-unit historic home in the heart of Cabbagetown South. Offering three self-contained residential units and approximately 3,038 sq. ft. of total living space across four levels, this unique property presents an excellent opportunity for an end user, investor or multigenerational living!**The spacious main residence is filled with original charm and character, featuring beautiful wood trim and doors, exposed brick, expansive principal rooms, and newly installed engineered hardwood flooring throughout the main level. The generous eat-in kitchen features a breakfast bar, gas stove and walkout to a private backyard with convenient rear parking. An ideal opportunity for an owner-occupier to enjoy the character and space of the main residence while benefiting from rental income from the two upper suites.**Upstairs are two charming one-bedroom suites, both currently tenanted and each offering its own unique character. The second-level suite is a spacious 1+1 with over 800 sq. ft. of living space, featuring high ceilings, exposed brick, and plenty of character throughout.The top-floor suite is truly one of a kind and must be seen to be appreciated. Offering approximately 568 sq. ft., this distinctive space is filled with character, featuring soaring ceilings, skylights, exposed brick, beautiful original trim work, and its own private terrace.***Set within the Cabbagetown Southwest Heritage Conservation District, the property is surrounded by the neighbourhood's signature architecture, mature tree-lined streets, parks, restaurants, and strong sense of community. Enjoy exceptional downtown convenience, just an 8-minute walk to Yonge Street, Dundas subway station, and Allan Gardens Dog Park, with easy access to TMU, Eaton Centre, restaurants, cafés, shopping, and the Financial District. For commuters, the DVP is just a short 4 minute drive away, providing convenient access in and out of the city.

Key facts

Property type
Townhouse, 3-Storey
MLS®
C13849994
Bedrooms
4
Bathrooms
3
Size
2000-2500 sq ft
Lot
17.5 × 97.33 ft
Cross streets
Sherbourne St / Dundas St E / Gerrard St
Parking
2 parking
Driveway
Lane
Basement
Finished, Full
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete, Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,729 / 2026
Days on market
18
Listing brokerage
RE/MAX PLUS CITY TEAM INC.

Rooms

Dining RoomMain6.22 × 4.09 m

hardwood floor · double doors · bay window

BedroomLower4.88 × 3.69 m

hardwood floor · w/w closet · window

BedroomThird4.75 × 2.52 m

skylight · 3 pc bath

KitchenThird2.90 × 2.34 m

stainless steel appl · granite counters · breakfast area

KitchenSecond3.46 × 2.00 m

open concept · window

BedroomLower5.69 × 3.15 m

hardwood floor · pot lights · window

BedroomSecond3.10 × 3.00 m

carpet free · closet · overlooks backyard

Living RoomSecond5.95 × 3.10 m

carpet free · combined w/dining · bay window

KitchenMain6.08 × 2.90 m

stainless steel appl · breakfast area · w/o to yard

Living RoomThird4.60 × 4.37 m

skylight · gas fireplace · w/o to deck

Living RoomMain4.09 × 3.76 m

hardwood floor · crown moulding · separate room

DenSecond3.10 × 2.75 m

carpet free · closet

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

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The assigned public school is Lord Dufferin Junior and Senior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Neighbourhood & location

Cabbagetown-South St. James Town, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Lord Dufferin Junior and Senior Public School
55%
Lord Dufferin Junior and Senior Public SchoolPublic · Elementary · 0.2 km awayBelow the GTA average · 55% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Winchester Junior and Senior Public School · Public elementary0.7 km · 76% at standard
Sprucecourt Junior Public School · Public elementary0.7 km · 59% at standard
Nelson Mandela Park Public School · Public elementary0.7 km · 47% at standard
St Michael's Choir (Jr) School · Catholic elementary0.8 km · 98% at standard
St Paul Catholic School · Catholic elementary0.8 km · 62% at standard
St Martin Catholic School(OL of Lourdes · Catholic elementary0.8 km
St Michael's Choir (Sr) School · Catholic secondary0.8 km · 98% at standard
Church Street Junior Public School · Public elementary0.9 km · 73% at standard
Jarvis Collegiate Institute · Public secondary0.9 km · 57% at standard
Native Learning Centre · Public secondary0.9 km
St Martin Catholic School (St.Martin) · Catholic secondary1.0 km
Market Lane Junior and Senior Public School · Public elementary1.2 km · 74% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$7,247/mo
$297KIncome needed
5.4×Price ÷ income
$1,672Weekly cost
$56,550Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

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.

93%mortgage
Mortgage $7,247Property tax $561Total carry $7,807

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

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 21, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,033per month

Mortgage amount $1,272,000 · 4.49% over 25 years

$318,000Down payment (20.0%)
$1,272,000Loan before insurance
$0CMHC premium
$7,594Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,033
Property tax
$561
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,594

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$28,275
Toronto municipal land transfer tax
$28,275
Estimated closing costs
$56,550

Plus your down payment of $318,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,512/monthPayment at the qualifying rate

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

$837,932Total interest paid
$2,109,932Total of all payments
Principal $1,272,000 Interest $837,932
YearPrincipalInterestBalance
1$28,386$56,012$1,243,614
2$29,674$54,723$1,213,940
3$31,022$53,375$1,182,918
4$32,430$51,967$1,150,488
5$33,903$50,495$1,116,585
6$35,442$48,955$1,081,143
7$37,051$47,346$1,044,092
8$38,734$45,664$1,005,358
9$40,492$43,905$964,866
10$42,331$42,067$922,535
11$44,253$40,145$878,282
12$46,262$38,135$832,020
13$48,362$36,035$783,658
14$50,558$33,839$733,100
15$52,854$31,543$680,246
16$55,254$29,144$624,992
17$57,762$26,635$567,230
18$60,385$24,012$506,845
19$63,127$21,271$443,718
20$65,993$18,404$377,725
21$68,989$15,408$308,736
22$72,122$12,276$236,614
23$75,396$9,001$161,218
24$78,820$5,578$82,398
25$82,398$1,999$0

At the end of your 5-year term

Total paid over the term
$421,986
Principal paid down
$155,415
Interest paid
$266,571
Balance remaining
$1,116,585

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.

Let's connect

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

Rental yield
Estimate$4,200/mo
$50,400Gross annual rent
2.3%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

3.2%
Gross yield
− Property tax $6,729− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $36,727

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PLUS CITY TEAM INC.. MLS®/PropTx.

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