AS OF Jun 10, 2025

$1,924,900Asking Price

342 Wellesley Street, Toronto, ON M4X 1H3

Cabbagetown, Toronto

Other
3 + 1
Bedrooms
3
Baths
2
Parking
Days on Market

Welcome to 342 Wellesley Street East in historic Cabbagetown. No expense was spared in this three-storey 3+1 bedroom, 3 bathroom home with 2 car parking! Completely gutted and rebuilt from top to bottom with style and sophistication, all while paying homage to the Victorian period - blending timeless character with modern comfort & efficiency. The main floor offers an efficient open-concept layout with a chefs kitchen, gas range, side-by-side fridge, and a walkout to a private garden with a newer composite deck. Upstairs features 2 large bedrooms & a spacious second-floor 5 piece bath with clawfoot tub and large shower. Third storey retreat with large office/den, bedroom, beautiful 4 piece bath, and a treetop deck! Great basement lowered to 8 ft with radiant in-floor heating, all ready for your finishing touch.Additional highlights include custom wood sash windows at the front and rear, designed to match the 1870s originalsfront windows were heritage-approved and grant-funded. The homes heating system is another standout: it's perfectly balanced and whisper-quiet, with room-specific radiators installed using professional heat calculations for consistent warmth throughout. This is effectively a brand-new home within a Victorian shell. Located on one of Cabbagetowns most charming, tree-lined streetssteps to parks, Riverdale Farm, farmer markets, amazing restaurants & shops on Parliament. 94 Walk Score / 98 Bike Score / 93 Transit Score. Historic charm meets modern living in this rare, turnkey home.

Welcome to 342 Wellesley Street East in historic Cabbagetown. No expense was spared in this three-storey 3+1 bedroom, 3 bathroom home with 2 car parking! Completely gutted and rebuilt from top to bottom with style and sophistication, all while paying homage to the Victorian period - blending timeless character with modern comfort & efficiency. The main floor offers an efficient open-concept layout with a chefs kitchen, gas range, side-by-side fridge, and a walkout to a private garden with a newer composite deck. Upstairs features 2 large bedrooms & a spacious second-floor 5 piece bath with clawfoot tub and large shower. Third storey retreat with large office/den, bedroom, beautiful 4 piece bath, and a treetop deck! Great basement lowered to 8 ft with radiant in-floor heating, all ready for your finishing touch.Additional highlights include custom wood sash windows at the front and rear, designed to match the 1870s originalsfront windows were heritage-approved and grant-funded. The homes heating system is another standout: it's perfectly balanced and whisper-quiet, with room-specific radiators installed using professional heat calculations for consistent warmth throughout. This is effectively a brand-new home within a Victorian shell. Located on one of Cabbagetowns most charming, tree-lined streetssteps to parks, Riverdale Farm, farmer markets, amazing restaurants & shops on Parliament. 94 Walk Score / 98 Bike Score / 93 Transit Score. Historic charm meets modern living in this rare, turnkey home.

Key Info

  • 2.5-Storey Other
  • 2 Parking
  • No Garage
  • Parliament/Wellesley
  • 1500-2000 Approximate Sq Feet
  • 100+ Years Approximate Age
  • No Ensuite Laundry
  • Water Gas Heating

Property

  • Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
  • Taxes were $8,533 in 2024
  • Possession: Flexible

Details

  • Brick Front Exterior
  • No Fireplace
  • 1 Kitchen
  •  
  • MLS #C12178646
  • RE/MAX HALLMARK REALTY LTD.

Extras

Room Floor Dimensions Details
1 Kitchen Main 13.68' x 9.84'
Washroom1 5-Piece Bathroom
Washroom1 4-Piece Bathroom
Washroom1 2-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.

Created with Highcharts 7.1.2Highcharts.com
BabiesKidsYouthAdultsAdultsSeniors

Families

Kids Per Family

0.7

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  (1.3)

Singles

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56% of residents are
single and loving it.

56% singles

Toronto (50%)
Gta (45%)

Renters

Created with Highcharts 7.1.2Highcharts.com

59% of residents
are renters.

59% renters

Toronto (47%)
Gta (33%)

Education

Created with Highcharts 7.1.2Highcharts.com

59% of residents are
university grads.

59% university grads

Toronto (48%)
Gta (44%)

Income

Average Household Income

$151K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ($135K)

Professions

Professions

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

Immigrants

Created with Highcharts 7.1.2Highcharts.com

34% of residents were
born outside of Canada.

34% immigrants

Toronto (48%)
Gta (45%)

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)