31 days on Market

488 Ontario St, Toronto, Ontario M4X 1M7

Townhouse
3 + 1
5
~2500-3000 sqft
$2,488,000
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Townhouse
3 + 1
5
~2500-3000 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$912/sqft

Est. Mortgage$10,685/mo

Tax Amount (2024)$10,615/yr

Days On Market31 days


Description

Magnificent, fully renovated classic Toronto yellow brick Bay-and-Gable 3-storey, 3+1 bed, 5 bath Cabbagetown Victorian offers over 3,200 sq. ft. of refined living space! Exceptionally large with a span measuring 21.7 wide, gracious principal rooms, loads of period details blending 19th-century charm with modern luxury. Soaring 10.5 ceilings, grand 3-storey original sweeping staircase, ceiling medallions, crown mouldings, wood burning fireplace w/white marble mantel, pocket doors & rich hardwood floors create an elegant ambiance for entertaining on a grand scale! Main floor powder room, massive open-concept eat-in kitchen w/stone counters, centre island, gas fireplace & bright breakfast area w/walk out to private patio perfect for morning coffee. Luxurious 2nd-floor has primary suite w/bay window, fireplace, walk-in closet & spa-like ensuite w/heated floors & luxurious steam shower and two additional bedrooms w/full bath offers flexible space for kids, guests, or a home office! Spectacular 3rd-floor family/games room has vaulted ceilings, skylights, wet bar, SUB-ZERO fridge, 4th fireplace & sprawling rooftop terrace w/sweeping city views! Finished lower-level w/sep entrance has heated floors, 2nd kitchen,4th bed, media room & 5th bath ideal for nanny or in-law suite or family movie nights on the big screen TV! Ideally located just steps from Parliament Streets vibrant shops, restaurants, and cafés with easy access to downtown, TTC and parks this iconic Cabbagetown residence is a rare opportunity to own a piece of Torontos architectural heritage reimagined for contemporary urban living.***EXTRAS*** Wired for sound with in-ceiling speakers, 2 furnaces, CAC + 3rd flr A/C unit, rear parking. Two full kitchens + 3rd flr wet bar w/3rd dishwasher & SUB-ZERO bar refrigerator perfect for entertaining large parties on the massive rooftop deck! Heated floors in basement suite & primary ensuite. See attached Feature Sheet for list of improvements. Open House SUNDAY 2-4PM


Property Details

Style3-Storey
View-
Age of property100+
SqFt~2500-3000 SqFt
Lot Size2,230 SqFt(102.83 x 21.69)
Parking Spaces1
MLS ®NumberC12125782
Community NameCabbagetown
Data SourceTRREB
Listing bySOTHEBY'S INTERNATIONAL REALTY CANADA

Features

Heating: Forced Air
Central Vacuum
Cooling: Central Air
Fireplace
Basement: Apartment, Fin W/O

Main Floor

Kitchen

5.96 x 4.01

Eat-In Kitchen / Centre Island / W/O To Patio

Powder Rm

1.85 x 0.75

2 Pc Bath / Mirrored Walls / hardwood floor

Living

5.45 x 4.22

Fireplace / Bay Window / hardwood floor

Dining

4.4 x 4.22

hardwood floor / Sliding Doors / Large Window


Features

Lot size: 2,230 SqFt

Parking

Garage spaces -

Garage type -

Total parking spaces 1


Property History

May 6, 2025
ListedActive
$2,488,000
31 days on market
history photo preview45
Listing by trreb®
Property listed by SOTHEBY'S INTERNATIONAL REALTY CANADA, Brokerage

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Market Data - Cabbagetown

Geo Zone Map ThumbnailCabbagetown

Balanced Market

View Market Data

Townhouse - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

35 days

Compared to

2024

45 days

2023

51 days

2022

13 days

New Listings

Past 30 days

14 listings

Compared to

2024

14 listings

2023

7 listings

2022

9 listings

Units sold

Past 30 days

5 units

Compared to

2024

3 units

2023

5 units

2022

4 units

Median Sold Price

Past 30 days

$1,027,500

Compared to

2024

$1,450,000

2023

$1,560,000

2022

$1,840,000


Population and Demographics

Overview

Total population 23432
Average household income $113,132

Age (%)

20 to 34
30%
35 to 49
22%
50 to 64
21%
0 to 19
14%
65 and plus
14%

Household composition (%)

Single person
52%
Single family
37%
Multi person
10%
Multi family
0%

Mother tongue (%)

English
64%
Tagalog (Pilipino, Filipino)
5%
Spanish
4%
Mandarin
3%
French
3%
Tamil
2%
Yue (Cantonese)
2%
Arabic
2%
Bengali
2%
Others
2%
Amharic
1%
Vietnamese
1%
Hindi
1%

House tenancy (%)

Renters
77%
Owners
23%

What’s nearby?Essentials within 5 km

Local Logic

Transportation Scores

Estimated Budget