412 Wellesley Street East, Toronto (Cabbagetown-South St. James Town), M4X1H6

Home Overview

Description

Nestled on the superior side of Toronto's iconic Cabbagetown, this exquisite semi-detached character home offers a picturesque living experience akin to residing within a lush park. Surrounded by charming Victorian heritage homes, well-manicured lawns, whimsical laneways, parks & walking paths, you'll find peace & tranquility alongside hip restaurants & shops. Proper duplex with separate metering, makes for a savvy investment opportunity with a net annual income of approx $60k. An Excellent opportunity to live in the main unit & rent out the second for extra income. Upper level is vacant, while the main level is occupied by excellent tenants on a month-to-month basis, ensuring flexibility for the new owner. Elegant interior is adorned with oak hardwood floors, crown mouldings & high ceilings create a warm & inviting ambiance, while newer kitchen features chic cupboards, stylish backsplash, granite countertops, & stainless steel appliances. Breakfast/dining area is a true highlight overlooking a front porch which provides a delightful view of Wellesley St, perfect for enjoying morning coffee or evening strolls. The living area features a cozy built-in bench & large side window. Walk-out to a private backyard for outdoor relaxation & entertaining, while the conveniently located main floor powder room is both stylish & functional. Oak staircase adds a touch of sophistication as it leads you down to the generously sized bedrooms. The lower level is a true retreat, showcasing high ceilings & a spa-like 4-piece bathroom with marble, heated flooring for ultimate comfort. Ample closet spaces in both rooms & a separate laundry area. Charming 2nd level apartment has 2 large bedrooms, 4pc wshrm & a modern kitchen combined with a living area that flows seamlessly to an oversized New Orleans style balcony looking over the tree lined heritage district. Separate furnace, air conditioning and laundry for each unit. Easy access to highways & public transit. (id:39198)

89 days

On Market

Single Family

Property Type

$8,111 / Year

Est. Taxes

House

Style

-

Garage

Finished, N/A

Basement

Location & Areas