Listed by Freeman Real Estate Ltd..

348 Wellesley Street E is a Att/Row/Twnhouse, 2 1/2 Storey and is currently for Sale @ $1,525,000. Taxes in 2023 were $6,696.05.

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Presenting a Remodelled Victorian Beauty, with over 2200 of finished space on 4 levels, and offering excellent value & a rare opportunity in this Historic, protected & safe downtown Toronto community. The 2 1/2 Storey on 348 Wellesley Street E has 3 bedrooms, 2 bathrooms, and is located on a 110.00 x 16.00 ft lot in the community of Cabbagetown-South St. James Town . Maximize your lifestyle & investment with all the Pluses this property offers: 1) 2 car parking at rear, 2) Potential to collect rental income from the Lower Level Apt with high ceilings (currently vacant - or use as a recreation room & storage), 3) A Deep Maintenance free Private Fenced backyard, 4) The main house with its Contemporary Design, blending historic Victorian architecture with open space, light & design, 5) A location that is perfectly situated in prime Cabbagetown, backing on to the romantic Wellesley Cottages, & the ideal short walk to from Parliament shopping & transit, as well as the numerous parks/ Riverdale Farm to the East. What we love: the Main floor, over 650 sf of soaring ceilings & open concept design, maximizing light, space & entertainment options. The new kitchen with quartz counters, new shiny appliances with walk-out to the deep & private yard welcomes chefs, summer gatherings & presents a seamless connection to the home. Step into the upper 2 floors & discover a primary suite boasting an elevated cathedral ceiling, that provides for an airy & spacious atmosphere. Check out your 3rd floor loft retreat, for Yoga/meditation or office/den, a space that is a nice retreat as is, or turn this into a superb 3rd bedroom, if desired. Bedroom # 2 & the bedroom sized spa bathroom are ready for enjoyment. Thoughtfully installed rough-in for laundry upstairs to make household chores easier. The dug-down finished basement space is ready to go with its 650 sq ft, including ample ceiling height, open concept space, a wide and bright sep. entrance, and a sprinkler set-up in the furnace room for added safety. Find a full kitchen & bathroom with new laundry. Home Inspection is available upon request.

Location in prime Cabbagetown sweet spot, steps to Parliament, transit, bistros, the core, the Dvp, parks, & life's necessities. Love the outdoors? Toronto's extensive ravine network & kilometers of walking & cycling paths are moments away.

The address 348 Wellesley Street E was listed for sale (MLS# C8327144) on Friday, May 10, 2024.