For Sale

488 Ontario Street, Toronto C08, Ontario M4X 1M7

$0

488 Ontario Street, Toronto C08, Ontario M4X 1M7 is For Sale and has a listing price of 1,995,000. The property is located in the Cabbagetown neighbourhood . It's been on the website for 5 Days.

  • 4
    Bedrooms
  • 5
    Bathrooms
  • Parking
  • MLS ID: C12432635
  • Office Name SOTHEBY'S INTERNATIONAL REALTY CANADA
Property Description

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 Toronto’s 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 SAT & SUN 2-4PM

Property Details
  • Property Type: All Houses
  • Listing Type: For Sale
  • Listing ID: C12432635
  • Price: $1,995,000
  • Year Built: 0
  • Lot Area: 0 Sqft
  • Lot Depth: 102.83
  • Ref ID: C12432635
  • Approx Sqft: 2500-3000
  • Dir / Cross St: Parliament and Carlton
  • Status: Active
  • Tax Year: 2024
  • Approx Age: 100+
  • Property Sub Category: Att/row/twnhouse
Price History
List Date MLS ID List Price Status End Date Closed Price
09/29/2025 C12432635 $1,995,000 For Sale - -
05/05/2025 C12125782 $2,488,000 For Sale 08/12/2025 -
Market Temperature
  • Buyer's Market
  • Balanced
  • Seller's Market
Neighborhood Stats
Cabbagetown
  • $1,067,538 Average List Price
    based on 1 year
  • 46 New Listings
    based on 30 days
  • 39 Median Days on Market
    based on 1 year
  • List vs. Selling Price 1.16 % Up
  • Sold (12mo) 42
  • Rented (12mo) 66

  • 1 Month Change -
  • 3 Month Change -
  • 6 Month Change -100.0%
Walkscore
Additional Details
  • Heat Type Forced Air
  • Heat Source Gas
  • Style 3-storey
  • Washroom Type1: 1
  • Central Vac Y
  • Garage Type Y
  • Parking Spaces: 1
  • Exterior Brick
  • Kitchen 2
  • Fireplace Y
  • Parking Y
  • Family Room: 1
  • Washrooms Type 1 # Pcs: 2
  • Washrooms Type 2 # Pcs: 4
  • Washrooms Type 3 # Pcs: 3
  • Washrooms Type 4 # Pcs: 3
  • Washrooms Type 5 # Pcs: 3
  • Washrooms Type 2: 1
  • Washrooms Type 3: 1
  • Washrooms Type 4: 1
  • Washrooms Type 5: 1
  • Taxes: $10,615
  • Last Status New
  • Original Price: $1,995,000
  • Sold Price: $0
  • Addl Monthly Fees: $0
  • Possession Remarks: 30-45 / TBA
  • Listing Entry Date: 29/09/2025 17:57:25
Want to see this property?