$2,488,000
18.26 BTC
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488 Ontario Street, Toronto
$2,488,000
PRICE
3 + 1
BEDROOMS
5
BATHROOMS
C12125782
MLSID

488 Ontario Street, Toronto

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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Sold History

SOLD
24 April 2014
$1,150,000
SOLD
2 May 2005
$695,000

Summary

Address
488 Ontario Street
MLSID
C12125782
Property Type
Att/Row/Townhouse
Property Category
Bedrooms
3 + 1
Bathrooms
5
Kitchens
1 + 1
Taxes (Annual)
$10,614.90
Tax Year
2024
Published
May 5, 2025
Days on Market
48 Days
Possession Type
Flexible
Possession Details
30-45 / Tba
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Inclusions

All electrical light fixtures (except as noted); All main floor kitchen appliances: VIKING paneled door refrigerator/freezer, JENN-AIR 4-burner gas cooktop & grill, KitchenAid electric oven, Panasonic built-in microwave, BOSCH dishwasher; LG front load stacked washer & dryer; Third floor wet bar appliances: Bloomberg dishwasher, SUB-ZERO undercounter fridge; All basement suite kitchen appliances: BOSCH built-in wall oven and microwave, BOSCH dishwasher, smeg 2-burner electric cooktop, SAMSUNG refrigerator/freezer; All window coverings, including California shutters and blinds (as is); ADT alarm equipment; All in-ceiling speakers throughout the home; Central Vacuum Canister (not used/as is); (2) furnaces: Rheem & Ultra Max gas furnaces; Central air conditioner; 3rd floor Mitsubishi wall a/c unit; Hot water tank (rented)

Exclusions

All artwork; Dining room chandelier; All staging furnishings and accessories; All Sonos equipment; gas BBQ; All interior household furniture; All outdoor patio furniture; All wall mounted TVs (brackets to stay)

Details

Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, School
Security Features
Alarm System, Carbon Monoxide Detectors, Smoke Detector
Bathroom 1
2-Piece Main Level
Bathroom 2
4-Piece Second Level
Bathroom 3
3-Piece Second Level
Bathroom 4
3-Piece Third Level
Bathroom 5
3-Piece Basement Level
Parking Spaces
1
Parking Total
1
Parking Features
Lane, Right Of Way
Architectural Style
3-Storey
Lot Width
22 Feet
Lot Depth
103 Feet
Water
Municipal
Heat Source
Gas
Heat Type
Forced Air
New Construction
No
Occupant Type
Owner
Private Entrance
No
Sauna
No
Seasonal Property
No
Hot Tub / Spa
No
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Listing Contracted with SOTHEBY'S INTERNATIONAL REALTY CANADA
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