438 Wellesley Street E
Toronto (Cabbagetown-South St. James Town), ON M4X 1H7
- 2Bedrooms
- 1Bathroom
- 0Garage
- 1100–1500Sq Ft
- $6,862Tax
- 14×100 ftLot Size
Estimated Value:$1,215,500See Free Estimate Report
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Free Home EvaluationHow Much Is My Home Worth?Homes for Sale NearbySale & Price History for 438 Wellesley Street E, Toronto, Cabbagetown-South St. James Town
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About 438 Wellesley Street E, Toronto, Cabbagetown-South St. James Town
Summarized Description
- Charming 2nd Empire Victorian worker's cottage.
- Completely rebuilt, retaining historic charm.
- Renovated kitchen and bathroom for modern living.
- Spacious bedrooms with potential for a third.
- High-ceilinged basement adds extra space.
- Located in desirable Cabbagetown area.
- Steps away from parks and city amenities.
- Possible parking access from the west lot-line.
Absolutely charming 2nd Empire Victorian worker's cottage. In 1980 this house was completely rebuilt, retaining only the front brick wall, the side walls and some joists. The basement was lowered and the staircase re-located. The subsequent owner re-did the kitchen and the bathroom. The result is an exceptionally solid, well-built house that just has a feeling of quality. This is a perfect couple's house or an ideal pied-a-terre in the city. 2 spacious bedrooms up; large high-ceilinged basement room is a possible 3rd. Great location in the better part of Cabbagetown, steps to both Wellesley Park and Riverdale Park East. Minutes to the shops and restaurants of Parliament Street, transit options and all the excitement of the core of the city! *** Possible parking: 438 enjoys a ROW through the lane on the west side of the property. There is a high likelihood that parking is possible coming in at an angle from the west lot-line. ***
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $6,862
- Land Transfer Tax Fee
- $38,750
Rental Items
- Rental Equipment
- NONE
- Basement Type
- Finished
Interior Features
- Laundry Level
- Lower Level
- Interior Extras
- On Demand Water Heater, Storage
- Security Features
- Carbon Monoxide Detectors, Smoke Detector
- Fireplace/Stove
- No
- Elevator
- No
Exterior Features
- Exterior Extras
- Landscaped, Privacy
- Pool
- None
- Property Features
- Fenced Yard, Park, Public Transit, Wooded/Treed
Building
- Building Type
- Freehold Townhouse
- Building Style
- 2-Storey
- Approx Age
- 100+
Construction
- Exterior Finish
- Brick Front, Wood
- Roof
- Flat, Membrane
- Foundation Details
- Concrete Block
- Special Designation
- Heritage
Lot
- Lot Front
- 14.00 ft
- Lot Depth
- 100.00 ft
- Lot Shape
- Irregular
Inclusions
- Inclusions
- Kitchen-Aid stainless steel gas range; stainless range hood; Kitchen-Aid integrated refrigerator; Bosch integrated built-in dishwasher; full size washer & dryer; stainless natural gas B.B.Q.; propane patio heater; all electric lights; plantation shutters; Gas furnace; Central air conditioner; On-demand hot water tank; bathroom mirror.
Parking & Garages
- Garage Type
- None
- Garage Spaces
- 0
- Parking Spaces
- 0
- Total Garage And Parking Spaces
- 0
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Water
- Municipal
- Sewers
- Sewer
- Bedrooms
- 2
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Bathroom—Second level, 4 Pc Bath, Skylight
- Living Room—Ground level, Hardwood Floor, Combined w/Dining, Pot Lights
- Utility Room—Lower level
- Primary Bedroom—Second level, Hardwood Floor, W/W Closet, Pot Lights
- Bedroom—Second level, Hardwood Floor, Overlooks Backyard, Large Closet
- Dining Room—Ground level, Hardwood Floor, Combined w/Living, Pot Lights
- Recreation—Lower level, Broadloom, Pot Lights, Window
- Kitchen—Ground level, French Doors, W/O To Garden, W/O To Garden
Washrooms
- 4-piece, Second
- Municipality
- Toronto
- Neighbourhood
- Cabbagetown-South St. James Town
- Main cross streets
- Wellesley & Parliament
- Directions
- Wellesley & Parliament
- MLS® number
- C13549544
- Data source
- Toronto Regional Real Estate Board
- Status change
- 2026-07-22
- Listed on
- 2026-07-10
- Days on market
- 12 days
- Possession type
- Flexible
- Co-op commission
- 2.5%
- Seller
- Listed by
- BOSLEY REAL ESTATE LTD.
Home Market Value
Current home valuation for 438 Wellesley Street E, Toronto, Cabbagetown-South St. James Town, Toronto, ON. Listed for $1,145,000
HOMEH Estimate
$1,215,500
Estimated Sales Range
$960,245 - $1,470,755
HOMEH Estimate for 438 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 $645,000 over $500K
$89,500
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $42,182 | $31,946 | $27,251 | $0 |
=Total mortgage | $1,096,727 | $1,062,446 | $1,000,501 | $916,000 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $5,355monthly | $5,187monthly | $4,885monthly | $4,472monthly |
Land Transfer Tax
$19,375
$19,375
$38,750
Around this home
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