For Sale
438 Wellesley Street E
Cabbagetown-South St. James Town, Toronto, ON
$1,195,000
2Bd
1Ba
1,300+sqft
0Parking
14.16 x 100.14 ftlot
$919/sqft
TownhouseMLS# C13080668Listed 2026-05-0428 DOM
Heating
On Demand Water Heater
Cooling
Central Air
Basement
Finished
About this home
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!
Rooms
Second Floor
| Primary Bedroom | 4.04 × 3.86 m | Hardwood Floor W/W Closet Pot Lights |
| Bedroom | 4.19 × 2.97 m | Hardwood Floor Overlooks Backyard Large Closet |
| Bathroom | 2.21 × 2.90 m | 4 Pc Bath Skylight |
Lower
| Recreation | 7.92 × 3.86 m | Broadloom Pot Lights Window |
| Utility Room | 4.17 × 2.79 m |
Other
| Living Room | 7.11 × 3.86 m | Hardwood Floor Combined w/Dining Pot Lights |
| Dining Room | 7.11 × 3.86 m | Hardwood Floor Combined w/Living Pot Lights |
| Kitchen | 4.19 × 2.84 m | French Doors W/O To Garden |
Features
- On Demand Water Heater
- Storage
- Landscaped
- Privacy
- Finished
- Central Air
- 2-Storey
Financials
Annual Taxes
$6,862
Estimated Rental Income
Entire property$2,600 – $3,800/mo
Rental yield2.6% – 3.8%
*Estimates based on comparable rentals in the area. Actual income may vary.
Market Data — Toronto
Days on market28 days
Buyer's MarketSeller's Market
Based on active listings in Toronto. Data updates daily.
Demographics — Toronto
Population
2,794,356
Avg Household Income
$102,000
Age Distribution
0-19
19%
20-34
24%
35-49
21%
50-64
19%
65+
17%
Ownership53% own · 47% rent
EnglishMandarinCantoneseTagalogTamil
Our estimate for this home
Estimated range
$1.04M – $1.20M
Mid-point $1.12M · ~$861/sqft
How this listing compares
$1.04MList · $1.20M$1.20M
High confidence·Based on 50 toronto comparables
Estimated range is generated automatically from active comparables and is for informational purposes only. Not an appraisal — contact Aman for a full comparative market analysis that factors in condition, renovations, and positioning.
Getting around
How walkable, bikeable, and transit-friendly this neighbourhood is.
76
/ 100
Walk Score
Very Walkable
62
/ 100
Transit Score
Good Transit
72
/ 100
Bike Score
Very Bikeable
Scores are estimates based on neighbourhood data and are for informational purposes only.
MLS® data courtesy of the Toronto Regional Real Estate Board (TRREB).
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose. Listing information is deemed reliable but is not guaranteed accurate by the Toronto Regional Real Estate Board, the listing brokerage, or this website. The trademarks REALTOR®, REALTORS® and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. MLS®, Multiple Listing Service®, and the associated logos are owned by CREA. Not intended to solicit properties currently listed for sale or buyers under contract.
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