420 Wellesley St E
FOR SALE
$1,995,000
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3 + 1
BEDROOMS4
BATHROOMS2
KITCHENS10 + 4
ROOMSC8213400
MLSIDContact Us
Property Description
Exceptionally rare 3-storey, Semi-Detached Totally Turnkey Duplex w/2 separate renovated 2-storey, 2 bed, 2 bath apartments! Elegant solid brick Queen Anne-style Victorian has striking gingerbread, landscaped front gardens, brick & wrought iron fence, stone walkway & inviting front porch. Two large light-filled 2-storey units each has soaring ceilings, gleaming hardwood floors, large windows on three sides, sparkling white-on-white kitchens & baths, natural stone, stainless-steel appliances & separate laundry. The Main Floor Unit enjoys open concept kitchen, living/dining overlooking front garden, home office & rear balcony. The Upper Unit has expansive open concept living, dining & sociable eat-in kitchen, 2nd floor front balcony, entire 3rd floor Primary Suite w/4-pc ensuite & spectacular 3rd floor rooftop terrace making it an exceptional opportunity for owner occupied gracious living. Ideal for live/rent or invest w/premium rental units in the heart of Cabbagetown steps to the Riverdale Farm
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Extras
Fully reno'd top to bottom & back to studs. 2 separate units, separate HVAC systems. Separately metered hydro & gas & a/c. Live in one, pay your mortgage with the other! See Feature Sheet for list of Renos/Updates. Open House Sat 2-4pm
Nearby Intersections
Property Features
Arts Centre, Hospital, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Semi-Detached, 3-Storey
Lot Size
16' x 78'
Fronting
North
Taxes
$7,855 (2023)
Basement
Fin W/O
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Water
Municipal
Parking Spaces
1
Driveway
Lane
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 8.99' x 20.18' | Hardwood Floor, Combined W/Dining, O/Looks Garden |
| Kitchen | Main | 7.84' x 9.74' | Stainless Steel Appl, Breakfast Bar, Large Window |
| Prim Bdrm | Main | 10.50' x 15.42' | 4 Pc Ensuite, Hardwood Floor, Double Closet |
| Office | Main | 557.74' x 14.76' | Large Window, O/Looks Backyard, W/O To Deck |
| 2nd Br | Bsmt | 13.91' x 18.01' | 2 Pc Ensuite, Above Grade Window, Double Closet |
| Living | 2nd | 10.63' x 11.84' | Combined W/Dining, Hardwood Floor, Large Window |
| Dining | 2nd | 8.76' x 11.58' | Combined W/Living, Hardwood Floor, Large Window |
| Kitchen | 2nd | 8.83' x 20.08' | Eat-In Kitchen, Breakfast Bar, Stainless Steel Appl |
| 3rd Br | 2nd | 12.01' x 14.24' | W/O To Balcony, O/Looks Frontyard, Hardwood Floor |
| Bathroom | 2nd | 4.49' x 8.66' | 4 Pc Bath, Tile Floor, Wall Sconce Lighting |
| Prim Bdrm | 3rd | 14.17' x 14.76' | Hardwood Floor, Double Closet, O/Looks Frontyard |
| Bathroom | 3rd | 4.17' x 10.17' | 3 Pc Ensuite, Tile Floor, Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
420 Wellesley St E is a 3-bedroom 4-bathroom home listed for sale at $1,995,000, which is $606,127 (43.6%) higher than the average sold price of $1,388,873 in the last 30 days (April 1 - April 30). During the last 30 days the average sold price for a 3 bedroom home in Downtown Toronto increased by $36,470 (2.7%) compared to the previous 30 day period (March 2 - March 31) and down $5,228 (0.4%) from the same time one year ago.Inventory Change
There were 1,050 3-bedroom homes listed in Downtown Toronto over the last 30 days (April 1 - April 30), which is up 41.5% compared with the previous 30 day period (March 2 - March 31) and up 43.1% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom homes in Downtown Toronto typically sold $76,049 (5.5%) above asking price over the last 30 days (April 1 - April 30), which represents a $10,182 decrease compared to the previous 30 day period (March 2 - March 31) and $85,149 less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 3-bedroom homes in Downtown Toronto over the last 30 days (April 1 - April 30) stood at 62.2%, down from 73.5% over the previous 30 days (March 2 - March 31) and down from 74.7% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 4-bathroom home in Downtown Toronto stood at 12 days when successfully sold over the last 30 days (April 1 - April 30), compared to 35 days before being removed from the market upon being suspended or terminated.Listing contracted with Sotheby's International Realty Canada
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