
347 1/2 Wellesley Street E
Toronto (Cabbagetown-South St. James Town), ON M4X 1H2
- 4Bedrooms
- 2Bathrooms
- 0Garage
- 1500–2000Sq Ft
- $8,226Tax
- 12×128 ftLot Size
- Estimated Value:$1,446,000See Free Estimate Report

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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 347 1/2 Wellesley Street E, Toronto, Cabbagetown-South St. James Town
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| 2026-07-13 | 2026-07-28 | Login to See Prices | Sold | c13563956 |
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About 347 1/2 Wellesley Street E, Toronto, Cabbagetown-South St. James Town
Summarized Description
- Beautifully maintained three-storey Victorian home.
- Offers nearly 1,900 square feet of space.
- High ceilings and period fireplaces throughout.
- Private garden and coveted laneway parking.
- Flexible layout ideal for modern family life.
- Located in the heart of Cabbagetown.
- Proximity to cafés, restaurants, and parks.
- Tremendous potential for updates over time.
In one of Cabbagetown's most sought-after locations, this beautifully proportioned three-storey Victorian, built in 1880, offers nearly 1,900 square feet above grade and a wonderful opportunity to put down roots in one of Toronto's most cherished neighbourhoods. Lovingly maintained and comfortably liveable today, it offers the opportunity to update at your own pace while enjoying everything this exceptional neighbourhood has to offer from day one.Behind its classic façade, high ceilings on all three levels, period fireplaces, stained glass and beautifully proportioned rooms reflect the home's Victorian origins, while a practical four-bedroom layout and flexible living spaces make it equally well suited to today's family life.Situated on the preferred south side of Wellesley Street East, the property benefits from excellent natural light and the deeper lots that distinguish this stretch of the street, accommodating a private garden, charming garden shed and coveted laneway parking without compromising valuable outdoor living space. Whether enjoyed exactly as it is or updated gradually to suit your own vision, this is a home with tremendous potential.Proximity to Parliament Street is every bit as compelling. Just steps away, its cafés, restaurants, independent shops and everyday conveniences are at the heart of daily life in Cabbagetown. Riverdale Farm, Wellesley Park, the Don Valley trail network, excellent schools and downtown Toronto are all within easy reach, while the area's beautifully preserved Victorian streetscapes and strong sense of community continue to make it one of Toronto's most beloved neighbourhoods.Homes like this offer what's difficult to find: authentic Victorian character, beautifully proportioned living spaces, an exceptional lot with parking, and the opportunity to create a home that is distinctly your own over time.
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $8,226
- Land Transfer Tax Fee
- $52,750
Rental Items
- Rental Equipment
- Hot water tank
- Under Contract
- Hot Water Tank-Gas
- Basement Type
- Partially Finished
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- None
- Security Features
- Carbon Monoxide Detectors, Smoke Detector
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Deck
- Pool
- None
- Property Features
- Library, Park, Public Transit, Rec./Commun.Centre, School
- Other Structures
- Shed
Building
- Building Type
- Freehold Townhouse
- Building Style
- 3-Storey
- Approx Age
- 100+
Construction
- Exterior Finish
- Brick, Vinyl Siding
- Roof
- Membrane, Slate
- Foundation Details
- Brick
- Special Designation
- Heritage
Lot
- Lot Front
- 12.45 ft
- Lot Depth
- 128.00 ft
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 1
- Total Garage And Parking Spaces
- 1
Heating & Cooling
- Heat Source
- Other
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 4
- Washrooms
- 2
- Kitchens
- 1
- Family / bonus room
- Yes
Room sizes
- Den—Second level, Hardwood Floor, Open Stairs
- Primary Bedroom—Second level, Hardwood Floor, Stained Glass, Overlooks Frontyard
- Bedroom 2—Second level, Laminate, Large Window, South View
- Breakfast—Main level, Laminate, W/O To Yard, California Shutters
- Dining Room—Main level, Hardwood Floor, Laminate
- Kitchen—Main level, Large Window, Pot Lights, Laminate
- Living Room—Main level, Marble Fireplace, Hardwood Floor, Stained Glass
- Laundry—Basement level, Concrete Floor, Walk-Out, Laundry Sink
- Bedroom 3—Third level, Hardwood Floor, B/I Desk, Overlooks Frontyard
- Bedroom 4—Third level, Hardwood Floor, Juliette Balcony, South View
- Utility Room—Basement level, Concrete Floor
Washrooms
- 3-piece, Second
- 3-piece, Third
- Municipality
- Toronto
- Neighbourhood
- Cabbagetown-South St. James Town
- Main cross streets
- Wellesley & Parliament
- Directions
- Wellesley & Parliament
- MLS® number
- C13563956
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-07-28
- Listed on
- 2026-07-13
- Days on market
- 14 days
- Possession date
- 2026-09-01
- Possession type
- Flexible
- Co-op commission
- 2.5% + HST
- Seller
- Listed by
- CHESTNUT PARK REAL ESTATE LIMITED
Home Market Value
Current home valuation for 347 1/2 Wellesley Street E, Toronto, Cabbagetown-South St. James Town, Toronto, ON. Listed for $1,495,000
HOMEH Estimate
$1,446,000
Estimated Sales Range
$1,142,340 - $1,749,660
HOMEH Estimate for 347 1/2 Wellesley Street E, Toronto, Cabbagetown-South St. James Town
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
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Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% on first $500K + 10% on $995,000 over $500K
$124,500
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $54,777 | $41,711 | $35,581 | $0 |
=Total mortgage | $1,424,197 | $1,387,211 | $1,306,331 | $1,196,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $6,954monthly | $6,773monthly | $6,378monthly | $5,839monthly |
Land Transfer Tax
$26,375
$26,375
$52,750
Around this home
No schools found nearby
Data provided by OpenStreetMap & Fraser Institute School Rankings
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