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$2,488,000Asking Price

488 Ontario Street, Toronto, ON M4X 1M7

Cabbagetown, Toronto

Other
3 + 1
Bedrooms
5
Baths
1
Parking
Days on Market

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

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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

Key Info

  • 3-Storey Other
  • 1 Parking
  • No Garage
  • Parliament and Carlton
  • 2500-3000 Approximate Sq Feet
  • 100+ Years Approximate Age
  • No Ensuite Laundry
  • Forced Air Gas Heating
  • Central Air

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $10,614 in 2024
  • Possession: 30-45 / TBA

Details

  • Brick Exterior
  • Fireplace
  • 2 + 1 Kitchens
  •  
  • MLS #C12125782
  • SOTHEBY'S INTERNATIONAL REALTY CANADA

Extras

Room Floor Dimensions Details
1 Foyer Main 6.07' x 3.77' Double Doors, Stained Glass, Tile Floor
2 Kitchen Main 19.55' x 13.16' Eat-in Kitchen, Centre Island, Walkout To Patio
3 Breakfast Main 13.16' x 12.40' Combined with Kitchen, Gas Fireplace, Large Window
Washroom1 2-Piece Bathroom on Main Floor
Washroom1 4-Piece Bathroom
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom
Washroom1 3-Piece Bathroom

Who lives here?

Cabbagetown, Toronto is a central Toronto neighbourhood notable for its singles, renters, university grads, executives and education, law & public sector and arts & culture professionals. Residents tend to be older with a significant number of adults aged 35 to 64 and seniors aged 65 to 74.

Families

Kids Per Family

0.7

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

56% of residents are
single and loving it.

56% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

59% of residents
are renters.

59% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

59% of residents are
university grads.

59% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$151K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions

Sales 14%
Government 13%
Business 11%
Management 10%
Culture 9%

Immigrants

34% of residents were
born outside of Canada.

34% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

Philippines was once home to 4.0% of immigrants.
UK 3.7%
China 3.5%
USA 2.7%
Caribbean 1.9%

4.0% from Philippines
All-time

Birthplace - Recent

Philippines was once home to 0.5% of immigrants.
India 0.3%
Other South America 0.2%
UK 0.2%
USA 0.2%

0.5% from Philippines
Recent

Foreign Languages

Foreign Languages

French 3%
Tagalog 3%
Spanish 2%
Cantonese 2%
Mandarin 1%

Religions

Religions

Christian 47%
Buddhist 3%
Jewish 3%
Muslim 3%
Hindu 1%

Social Housing

Social Housing Buildings

32

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

0

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)