$2,995,000 - 426 Ontario Street, Cabbagetown
Detached for Sale in Cabbagetown
New — Listed 2 days ago- MLS Number
- C13235572
- Property Type
- Detached
- Status
- active
- Days on Site
- 2
- Bedrooms
- 4
- Bathrooms
- 4
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Listing Brokerage
- ROYAL LEPAGE/J & D DIVISION
Architecturally significant Victorian heritage home in the coveted Cabbagetown neighbourhood, beautifully reimagined through a design-forward renovation. This luxurious turnkey detached home seamlessly blends historic character with contemporary luxury. Featuring approximately 2,500 sq. ft. above grade plus a full-height lower level with family room and gym, the home offers soaring ceilings, restored original details, hardwood floors, integrated home automation, and thoughtfully curated interiors throughout. The open-concept chef's kitchen and living space is designed for modern living and entertaining, highlighted by a dramatic fold-away glass wall that creates seamless indoor-outdoor flow to professionally landscaped gardens. A substantial mudroom addition provides built-in seating, abundant storage, a main floor powder room, skylight, and direct access to the private garage with green roof. Nestled beneath a mature tree canopy with beautifully landscaped front and rear gardens, this exceptional residence offers a rare combination of privacy, architectural character, and modern convenience. Ideally located moments from Cabbagetown's vibrant shops, restaurants, and parks, and within easy reach of the Financial District, University of Toronto, major hospitals, Queen's Park, Bloor Street, the Danforth, and TTC transit, this is a truly outstanding opportunity to enjoy luxury living in one of Toronto's most desirable urban neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$13,247.90/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Regent Park / Cabbagetown / St. James Town
Regent Park / Cabbagetown / St. James Town is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Regent Park / Cabbagetown / St. James Town
- •Convenient location in Regent Park / Cabbagetown / St. James Town
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Regent Park / Cabbagetown / St. James Town offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
426 Ontario Street, Regent Park / Cabbagetown / St. James Town
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1198/sqft, this property is priced above the Cabbagetown average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Just Listed - Act Strategically
This property hit the market within the last week. In Cabbagetown's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Detached Home Advantages
Detached homes in Cabbagetown are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Cabbagetown. Good resale value as demand remains consistent.
Bathroom Count Matters
With 4 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Cabbagetown properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $12,479 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.