317 Wellesley Street, Toronto, ON
Cabbagetown-South St. James Town, Toronto · MLS® C14123810
About This Home
Historic Cabbagetown! Charming Victorian Row Townhouse, 2-bedroom bungalow on a premium deep lot with private fenced yard, detached garage, and dedicated laneway access on Jeffreys Ln, potential for a laneway dwelling, subject to approvals! Rare opportunity for end- users, renovators, or investors in this sought-after neighbourhood! Walk to Riverdale Farm, Shops, and Cafe's, minutes from the downtown core. Explore the Possibilities!!
Key Facts
- Property type
- Townhouse, Bungalow
- MLS®
- C14123810
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 700-1100 sq ft
- Lot
- 15 × 128 ft
- Cross streets
- Wellesley St. E. & Parliament St.
- Parking
- 1 garage (detached)
- Driveway
- Lane
- Basement
- Partial Basement
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick Front, Stucco (Plaster)
- Foundation
- Unknown
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,075 / 2026
- Days on market
- 1
- Listing brokerage
- GALLO REAL ESTATE LTD.
Rooms
See all 4 rooms, floor by floor
w/o to deck · walk-in closet(s) · hardwood floor
hardwood floor · picture window
walk-out · stainless steel appl
cathedral ceiling(s) · hardwood floor · open concept
Our Take
Team Asgarian · BrokerListed at $999,000. Going by how homes in Cabbagetown-South St. James Town and the wider GTA have actually closed against their asking prices (about 96%, 8 local closings in 90 days), the likely sale price is near $961K, if it sells. A realistic range is $900K to $1.08M.
Independent value check: $1.06M. Without looking at the asking price, our model values the home itself about 6% above the ask (homes like it typically land between $993K and $1.11M).
Why $1.06M. The typical townhouse sold in Cabbagetown-South St. James Town over the past year went for about $1.40M (23 sales). What sets this one apart:
- ▼ Lowers it stronglyIt is 700 to 1,100 sq ft; the typical home sold here is 1,500 to 2,000.
- ▼ Lowers it strongly2 bedrooms and 1 baths, against 3+1 and 3 typically.
- ▼ Lowers itIts tax bill, which follows the city's own assessment, is $7,075 a year; the typical home sold here pays about $7,600.
Total price vs nearby homes. Likely closing about $961K, from 8 recent closings in this pocket.
The market behind the math:
About 1.9 months of inventory: 5 townhouse homes for sale in the area against 8 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,110/sqft against an area asking average of $1,001/sqft.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 8 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.23M. Condition and finishes remain an in-person call.
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
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
There were not many closely comparable homes right in Cabbagetown-South St. James Town, so I widened the search to the surrounding area.
Based on 7 homes sold on this street over the past two years, from 43 closings in Cabbagetown-South St. James Town.
What sellers nearby are asking
For sale in Cabbagetown-South St. James Town now · asking prices
Every home like this one for sale in Cabbagetown-South St. James Town right now, newest listing first. These are asking prices, not sales.
Per square foot, these ask about $942/sqft; this home lists at $1,110/sqft. Size is part of the price story, not just the sticker.
The 5 closest in price of 9 for sale in Cabbagetown-South St. James Town.
See all comparable homesSold price trend
Median sold price for townhouses in Toronto: $1.06M in September 2026, down 3% from a year ago, on 900 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month. Toronto as a whole: the neighbourhood alone has too few closings for a line of its own.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.05M | 84 |
| November 2025 | $1.04M | 75 |
| December 2025 | $1.05M | 55 |
| January 2026 | $1.04M | 38 |
| February 2026 | $1.17M | 53 |
| March 2026 | $1.09M | 86 |
| April 2026 | $1.22M | 95 |
| May 2026 | $1.10M | 88 |
| June 2026 | $1.05M | 97 |
| July 2026 | $960K | 91 |
| August 2026 | $995K | 47 |
| September 2026 | $1.06M | 91 |
Thinking of selling near Cabbagetown-South St. James Town?
You have just seen what homes around here are asking. We can tell you what yours would sell for, from the closings on your street, free and with no obligation.
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.
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) →
Schools & catchment
Assigned attendance-boundary schools, with EQAO resultsThe 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.
Questions About 317 Wellesley Street
What is the asking price for 317 Wellesley Street?
It is listed at $999,000.
How many bedrooms and bathrooms does 317 Wellesley Street have?
2 bedrooms, and 1 bathroom.
How big is 317 Wellesley Street?
The listing gives 700-1100 sq ft of living space, on a 15 × 128 ft lot.
Does 317 Wellesley Street have parking?
1 garage space.
What are the property taxes on 317 Wellesley Street?
$7,075 a year, for 2026.
Is there an offer date for 317 Wellesley Street?
The listing does not state an offer date.
Which schools is 317 Wellesley Street zoned for?
By the school boards' attendance boundaries: Sprucecourt Public School, Inglenook Community School and Our Lady of Lourdes. Boundaries change, so confirm with the board before relying on it.
When was 317 Wellesley Street listed?
It came on the market on October 28, 2026.
Who is the listing brokerage for 317 Wellesley Street?
GALLO REAL ESTATE LTD.. Team Asgarian can book you a private showing and represent you as the buyer: (416) 837-8000.
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
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 4.44% via Ratehub.ca (as of October 30, 2026); conventional rates run a little higher.
Mortgage amount $799,200 · 4.59% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,463
- Property tax
- $590
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,053
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,455
- Toronto municipal land transfer tax
- $16,455
- Estimated closing costs
- $32,910
Plus your down payment of $199,800. 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
- $267,806
- Principal paid down
- $96,490
- Interest paid
- $171,316
- Balance remaining
- $702,710
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 GALLO REAL ESTATE LTD.. MLS®/PropTx.