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Home · Buy · Toronto C08 · 499 Ontario Street, Toronto, ON M4X 1M7
499 Ontario Street, Toronto, ON M4X 1M7
499 Ontario Street, Toronto, ON M4X 1M7
499 Ontario Street, Toronto, ON M4X 1M7
499 Ontario Street, Toronto, ON M4X 1M7
499 Ontario Street, Toronto, ON M4X 1M7+ 24 photos
For Sale · Duplex

499 Ontario Street, Toronto, ON M4X 1M7

Toronto C08 · Cabbagetown-South St. James Town
◷62 days on market
● SOLD CONDITIONAL
2 1/2 StoreyApartment basement2 driveway · 2 total garageEast exposure
▶ Virtual Tour
5 + 2
Beds
4
Baths
2
Parking
1500-2000
Sq ft
100+ yrs
Built
The honest picture
List price
$1,799,900
▲ 225% above the area benchmark
Where this price sits vs the typical all homes home in Toronto C08.
Benchmark $554,000
Typical low · $526,000Typical high · $581,000
List price Benchmark Typical range
The benchmark is the typical price for all homes homes in Toronto C08 (TRREB HPI, August 2026), a market reference — not this home's exact value.

About this home

Welcome to 499 Ontario Street, a spectacular, fully renovated legal duplex in the heart of historic Cabbagetown. The ultimate turnkey opportunity for investors, multi-generational families, or live-rent buyers, this property seamlessly blends classic character with high-end modern design. Step inside to discover soaring ceilings, stunning exposed brick accents, gorgeous marble floors, and premium contemporary finishes throughout. The building is divided into two well-appointed, self-contained residences, each featuring independent ensuite laundry, gourmet kitchens with sleek stainless-steel appliances, and rare, private outdoor spaces. The upper unit is a sun-drenched sanctuary boasting 3 spacious bedrooms, 2 elegant bathrooms, and a spectacular private rooftop deck perfect for relaxing above the city. Below, the main-floor and lower-level suite offers a beautifully executed 4-bedroom, 2-bathroom layout, complete with direct walk-out access to its own private, fully fenced yard. To top it off, this property includes a highly coveted two-car parking pad at the rear-an absolute premium in this historic downtown neighbourhood. Perfectly positioned just steps from vibrant shops, cafes, and patios of Parliament Street, scenic local parks, and transit - this exceptional asset delivers the perfect combination of location, modern luxury, and incredible cash flow.

Property details

Listed on
July 15, 2026
Days on market
62 days
Property tax
$8,762.49 (2026)
Lot
17.67 × 107.81 Feet
Style
2 1/2 Storey
Heating
Forced Air
Cooling
Central Air
MLS®
C13566570

Full details

Parking
GarageNone
Driveway2
Total parking2
Parking featuresPrivate Double

Room dimensions

RoomLevelDimensionsFeatures
Living RoomMain3.29 × 6.44Gas Fireplace, Hardwood Floor, Bay Window
Dining RoomMain3.29 × 6.44Combined w/Living, Hardwood Floor, Large Window
KitchenMain2.28 × 3.95Renovated, Stainless Steel Appl, Centre Island
BedroomMain3.45 × 3.8W/O To Yard, Hardwood Floor, Closet
BedroomMain2.74 × 2.86Closet, Window, 2 Way Fireplace
Living RoomSecond3.94 × 4.92Large Window, Hardwood Floor, Combined w/Dining
Dining RoomSecond3.94 × 4.92Combined w/Living, Hardwood Floor, Large Window
KitchenSecond5.07 × 3.54Stainless Steel Appl, Centre Island, Combined w/Laundry
BedroomSecond2.98 × 3.71Window, Closet, Hardwood Floor
BedroomThird3.94 × 5.23Hardwood Floor, Window, Closet
BedroomThird3.07 × 3.86W/O To Deck, Closet, Hardwood Floor
BedroomLower4.42 × 3.86Sump Pump, Vinyl Floor, Closet
BedroomLower3.42 × 4.42Window, Closet, Vinyl Floor

Property & sold history

Listing history
Date StartDate EndPriceStatusListing ID
July 15, 2026—$1,799,900For SaleC13566570
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Comparables

Gathering recent comparable sales nearby…

Run the numbers

True cost to close
What you actually need in cash — land transfer tax, closing costs, and your down payment.
Purchase price
$
Down payment · 20.0%
$
Down:or type any amount above
Homes over $1.5M require a minimum 20% down payment.
Legal fees
$
Title insurance
$
Home inspection
$
Ontario land transfer tax$32,473
Toronto municipal LTT$32,473
Legal · title · inspection$2,800
Closing costs$67,746
Down payment$359,980
Total cash to close$427,726
Estimates only, not legal or tax advice. Ontario LTT rates 2025; City of Toronto MLTT applies inside Toronto (incl. Scarborough, North York, Etobicoke, York, East York). Durham and Markham buyers pay no municipal LTT.
$1,799,900
MLS® C13566570 · Listed by BOSLEY REAL ESTATE LTD.
▶ Virtual Tour
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What's my home worth?
Call The Renavu Team
Shan Perinpanathan
Shan Perinpanathan
Real Estate Broker, ABR, SRS
416.655.4040
Pam Thiyagarajah
Pam Thiyagarajah
Sales Representative
416.436.0546
Ragu Rajaguru
Ragu Rajaguru
Real Estate Broker
416.712.2006

Price and status changes on this home only. No newsletter, and no call unless you ask for one. Unsubscribe from any email. The Renavu Team, Royal LePage Ignite Realty, Brokerage.

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Listing courtesy of BOSLEY REAL ESTATE LTD.. Presented by Royal LePage Ignite Realty, Brokerage. Data provided by TRREB — deemed reliable but not guaranteed; for consumers' personal, non-commercial use. Listing information last updated August 17, 2026.

$1,799,900

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Neighbourhood market

The Cabbagetown-South St. James Town market

How homes are selling here right now — sold data for July 2026.

Buyer's marketAll home types in Cabbagetown-South St. James Town · 42 sales over 3 months
Buyer'sBalancedSeller's

Homes in Cabbagetown-South St. James Town are taking around 29 days to sell, and going for about 97.7% of asking. There is usually room to negotiate.

Median sold · Cabbagetown-South St. James Town
$1,100,000
▲ 50.7% year over year
Homes sold · this month
11
22 days on market avg
Sold vs asking
97.1%
under asking — room to negotiate
Multiplex median · Toronto Central
$1,900,000
See the full Toronto Central market report →

Aggregate TRREB sold data. Neighbourhood figures with only a handful of sales are held back so no single sale is identifiable.

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6 sold homes nearby

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