FOR SALE
$1,895,000
420 Wellesley St E, Downtown Toronto
420 Wellesley St E
420 Wellesley St E
420 Wellesley St E
420 Wellesley St E
420 Wellesley St E
420 Wellesley St E
420 Wellesley St E
420 Wellesley St E
420 Wellesley St E
420 Wellesley St E
420 Wellesley St E
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420 Wellesley St E
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420 Wellesley St E
420 Wellesley St E
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3 + 1
BEDROOMS
4
BATHROOMS
2
KITCHENS
10 + 4
ROOMS
C8309946
MLSID
Contact 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
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.
Nearby Intersections
Property Features
Arts Centre, Hospital, Park, Public Transit, Rec Centre, School
Property Details
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
Room Summary
RoomLevelSizeFeatures
LivingMain8.99' x 20.18'Hardwood Floor, Combined W/Dining, O/Looks Garden
KitchenMain7.84' x 9.74'Stainless Steel Appl, Breakfast Bar, Large Window
Prim BdrmMain10.50' x 15.42'4 Pc Ensuite, Hardwood Floor, Double Closet
OfficeMain557.74' x 14.76'Large Window, O/Looks Backyard, W/O To Deck
2nd BrBsmt13.91' x 18.01'2 Pc Ensuite, Above Grade Window, Double Closet
Living2nd10.63' x 11.84'Combined W/Dining, Hardwood Floor, Large Window
Dining2nd8.76' x 11.58'Combined W/Living, Hardwood Floor, Large Window
Kitchen2nd8.83' x 20.08'Eat-In Kitchen, Breakfast Bar, Stainless Steel Appl
3rd Br2nd12.01' x 14.24'W/O To Balcony, O/Looks Frontyard, Hardwood Floor
Bathroom2nd4.49' x 8.66'4 Pc Bath, Tile Floor, Wall Sconce Lighting
Prim Bdrm3rd14.17' x 14.76'Hardwood Floor, Double Closet, O/Looks Frontyard
Bathroom3rd4.17' x 10.17'3 Pc Ensuite, Tile Floor, Window
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
420 Wellesley St E is a 3-bedroom 4-bathroom home listed for sale at $1,895,000, which is $471,828 (33.2%) higher than the average sold price of $1,423,172 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 3 bedroom home in Downtown Toronto increased by $87,800 (6.6%) compared to the previous 30 day period (March 15 - April 13) and down $42,855 (2.9%) from the same time one year ago.
Inventory Change
There were 1,201 3-bedroom homes listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 57.8% compared with the previous 30 day period (March 15 - April 13) and up 26.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
3-bedroom homes in Downtown Toronto typically sold $75,399 (5.3%) above asking price over the last 30 days (April 14 - May 13), which represents a $7,486 decrease compared to the previous 30 day period (March 15 - April 13) and $110,072 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 14 - May 13) stood at 45.6%, down from 83.8% over the previous 30 days (March 15 - April 13) and down from 69.2% 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 13 days when successfully sold over the last 30 days (April 14 - May 13), compared to 32 days before being removed from the market upon being suspended or terminated.
Listing contracted with Sotheby's International Realty Canada
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