489 Ontario St
Cabbagetown-South St. James Town, Toronto, Ontario M4X 1M8
- Bedrooms
- 3
- Bathrooms
- 3
- Size
- 1,500–2,000sq ft
- Per sq ft
- $971at the range’s middle
- Lot
- 47.54 x 25.72 ft
- Tax a year
- $9,7842025 tax year
- Built
- 100+
- Parking
- 0none
- Days on market
- Members
The brief
About 489 Ontario St
489 Ontario St is a 3-bedroom, 3-bathroom semi-detached house in Cabbagetown-South St. James Town, Toronto, listed for sale at an asking price of $1,699,000 (MLS® C14104316).
A rare offering in Toronto's coveted Cabbagetown, this distinctive three-storey townhouse brings together beautiful design, generous proportions and an artfully curated aesthetic. Rich in personality and thoughtfully appointed throughout, the home balances expressive style with understated sophistication. 3 bedrooms above grade, perfectly laid out with a versatile lower level that can be used as a guest bedroom or extra family room. Well-appointed rooms offer inviting spaces for entertaining and everyday living, while large bedrooms provide exceptional comfort. The primary bedroom retreat is a private haven, offering a peaceful escape at the end of the day. Outdoors, a serene, low-maintenance garden creates an intimate setting. Tastefully composed and truly one of a kind, this is a home for those who appreciate interiors with character and a style all their own.
Insights
Condition Score
Good68/1006 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall15/100−$3,842/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 6 homes with 3 bedrooms for lease in Cabbagetown-South St. James Town right now. Cost of owning counts the mortgage and property tax.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $9,784 / 2025
- MLS® number
- C14104316
- Board
- TRREB MLS®
- Property Type
- Semi-Detached
- Building Age
- 100+
- Days on market
- Size
- 1500-2000 sqft
- Lot Size
- 47.54 x 25.72 ft
- Listed on
- Parking
- None, 0 Parking
Property details
Property
- Property Type
- Semi-Detached
- Style
- 3-Storey
- Community
- Cabbagetown-South St. James Town
- Municipality
- Toronto
Building
- Size
- 1500-2000 sqft
- Building Age
- 100+
- Construction
- Brick
Inside
- Bedrooms
- 3
- Bathrooms
- 3
- Bathroom Details
- 1 × 2pc Ground, 1 × 4pc 2nd, 1 × 5pc 3rd
- Basement Type
- Finished
- Kitchens
- 1
Parking
- Driveway
- None
- Garage Type
- None
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Water
- Municipal
- Cooling
- Central Air
- Heating Type
- Forced Air
Land
- Sewer
- Sewers
- Frontage
- 47.54 ft
- Depth
- 25.72 ft
- Lot Size
- 47.54 x 25.72 ft
Additional
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Fireplace
- No
- Pool
- None
- Den
- Yes
- Family room
- Yes
- Extras
- All existing window coverings, light fixtures & existing stainless steel appliances.
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 4.6 × 6.4 m | hardwood floor, Fireplace, W/O To Garden | Main |
| Dining | 4.6 × 6.4 m | hardwood floor, Fireplace | Main |
| Kitchen | 3.74 × 2.9 m | Marble Floor, Stainless Steel Appl | Main |
| 2nd Br | 2.96 × 3.65 m | Double Closet, B/I Bookcase, hardwood floor | 2nd |
| 3rd Br | 3.48 × 4.57 m | hardwood floor, Fireplace, W/O To Balcony | 2nd |
| Den | 2.52 × 1.78 m | Hardwood Floor | 2nd |
| Primary | 4.98 × 4.18 m | hardwood floor, W/I Closet, Ensuite Bath | 3rd |
| Family | 5.86 × 3.9 m | Broadloom | Lower |
| Laundry | 2.98 × 3.45 m | — | Lower |
Listing history
Buy/sell history for 489 Ontario St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $1,699,000 | N/A | For Sale | C14104316 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $339,800
- Total mortgage amount
- $1,359,200
- Total interest payment
- $966,400
- Total purchase cost
- $2,665,400
- Mortgage payment
- $7,752/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
60%Monthly carrying cost
$8,567- Rent $4,725
- Shortfall $3,842
Rental income opens at $4,725, the median asking rent of 6 comparable homes for lease in Cabbagetown-South St. James Town. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $30,455
- Toronto municipal land transfer tax
- $30,455
- Total land transfer tax
- $60,910
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $52,435
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $1,699,000
- $25,980
- Ontario total
- $30,455
Toronto’s municipal tax uses the same brackets at this price, so it adds another $30,455.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Lot
- Lot area
- 1,223 sq ft114 m²
- Street frontage
- 47.54 ft14.5 m
- Depth
- 25.72 ft7.8 m
The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.
Source: the MLS® listing record.
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m35 test or monitoring holes also recorded.250 m
- Groundwater recorded about 12.2 m below ground nearbyThe middle water level in the well records within 500 m (184 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity5
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 69 building permits issued within 250 m in the last 2 years250 m
- 3 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 3.8 km3.8 km
- Mapped parcel: about 116,980 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · Municipal development applications · toronto.parcels
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Enwave Energy Corporation — Walton Street Steam Plant, 1.5 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- In the Cabbagetown Northwest Heritage Conservation District, by-law 325-2008
- Not in the mapped ravine protection area
What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of Toronto By-Law No. 438-86What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
No building permits on file at this address.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
405 SHERBOURNE STSite planApplication Received
Site Plan Control Application for a 35-storey (112.6) metre building (excluding mechanical penthouse) 25,069 square metres of residential gross floor area and 388 square metres of non-residential gross floor area and a landscaped mid-block connection between Sherbourne and Bleecker Streets.
210 m away383 SHERBOURNE STSite planAppeal Received
The proposal will introduce a 39 storey residential building representing an F.S.I. of 13.58 and lot coverage of 69%. The total GFA will be 20,328 sq. m. incorporating 378 units, and 1,384 sq. m. of indoor and outdoor amenity space.
230 m away509 PARLIAMENT STOfficial plan or zoning amendmentOMB Appeal
Zoning By-law Amendment law to permit the development of site for a 10-storey mixed-use building (38.6 metres) with retail at-grade (278 square metres) and 60 dwelling units. The western (Parliament Street) elevation of the existing 1½ storey listed heritage building at 509 Parliament Street is proposed to be retained. The proposal has been revised and removed the property at 505 Parliament Street from the original development proposal.
250 m away505 PARLIAMENT STOfficial plan or zoning amendmentOMB Appeal
Zoning By-law Amendment law to permit the development of site for a 10-storey mixed-use building (38.6 metres) with retail at-grade (278 square metres) and 60 dwelling units. The western (Parliament Street) elevation of the existing 1½ storey listed heritage building at 509 Parliament Street is proposed to be retained. The proposal has been revised and removed the property at 505 Parliament Street from the original development proposal.
250 m away410 SHERBOURNE STCondominiumUnder Review
*** Proposed Draft Plan of Condominium for a 39-storey mixed-use building containing 456 residential units.
270 m away410 SHERBOURNE STSite planUnder Review
Site Plan Approval Application for a 42-storey mixed-use building having a non-residential gross floor area of 240 square metres and a residential gross floor area of 31,273 square metres.
270 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Sherbourne Station | TTC subway: Line 2 Bloor-Danforth | 850 m |
| Castle Frank Station | TTC subway: Line 2 Bloor-Danforth | 950 m |
| Wellesley Station | TTC subway: Line 1 Yonge-University | 1 km |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 2.3 km |
| Eglinton Station | TTC subway: Line 1 Yonge-UniversityTTC light rail: Line 5 Eglinton | 4.9 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Winchester Junior and Senior Public SchoolToronto DSB | Public · grades JK–8 · French Immersion | 50 m | 77%Grade 6 average |
| Our Lady of Lourdes Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 300 m | 66%Grade 6 average |
| Rose Avenue Junior Public SchoolToronto DSB | Public · grades JK–6 | 550 m | 49%Grade 6 average |
| École élémentaire Gabrielle-RoyConseil scolaire Viamonde | French-language public · grades JK–6 | 1 km | 96%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Jarvis Collegiate InstituteToronto DSB | Public · grades 9–12 | 500 m | 34%Grade 9 math |
| St Martin Catholic School (St.Martin)Toronto CDSB | Catholic · grades 9–12 | 600 m | — |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 600 m | 86%Grade 9 math |
| Msgr Fraser College (Isabella Campus)Toronto CDSB | Catholic · grades 9–12 | 650 m | — |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Cabbagetown-South St. James Town are shown to signed-in members.