$1,799,999
Est. payment $7,970/moCalculate yours
298 Seaton Street, Toronto, ON M5A 2T7
Cabbagetown-South St. James Town, Toronto, ON M5A 2T7
- 5 Beds
- 4 Baths
- 2,500 Sq Ft
Listing courtesy of ENGEL & VOLKERS TORONTO CITY MLS® C13748848
About this home
A rare opportunity to own a classic Victorian heritage duplex in the heart of Toronto’s coveted Cabbage town Southwest Heritage Conservation District. Nestled on one of the city’s most picturesque, tree-lined streets, this charming century home offers the perfect blend of timeless character, income potential, and unbeatable downtown convenience.This legal duplex features two self-contained units with separate private entrances, making it ideal for investors, multi-generational families, or homeowners looking to live in one unit while generating rental income from the other. Unit 1 offers a spacious two-storey layout with3 bedrooms and 2 full bathrooms, while Unit 2 features a bright two-storey layout with 2 bedrooms and 1 full bathroom. The flexible floor plan also presents excellent potential for furnished executive rentals or short-term accommodations (subject to municipal bylaws and licensing requirements). A high, dry unfinished basement provides abundant storage or future potential. Rich in original Victorian charm and meticulously maintained, this property is surrounded by North America’s largest continuous collection of preserved Victorian homes. Enjoy the unique village atmosphere Cabbage town is famous for while being just minutes from Toronto’s downtown core. Step outside and walk to Parliament Street’s beloved cafes, restaurants, pubs, boutiques, and everyday amenities. Explore nearby Riverdale Farm, Allan Gardens Conservatory, beautiful parks, cycling and walking trails, and enjoy easy access to TTC transit, major hospitals, universities, the Financial District, and the Distillery District. Whether you’re searching for a prime investment property, an owner-occupied income opportunity, or a unique heritage home with exceptional rental flexibility, this property offers outstanding long-term value in one of Toronto’s most sought-after neighbourhoods. A true urban gem where historic charm meets modern convenience.
Property details
Overview
- Property Type
- Duplex
- Style
- 2-Storey
- For
- For Sale
- Status
- New
- Size
- 2,500 sqft
Interior
- Bedrooms
- 5
- Bathrooms
- 4
- Kitchens
- 2
- Basement
- Finished
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Water
- Municipal
- Sewer
- Sewer
Lot & Parking
- Lot Size
- 19.31 x 100 Feet
- Parking
- None garage · 1 total
Financial
- Property Taxes
- $8,499 (2025)
Location
- Neighbourhood
- Cabbagetown-South St. James Town
- Cross Street
- Gerrard St. E/Sherbourne
- Direction Faces
- West
Listing
- MLS® Number
- C13748848
- Days on Market
- 43
- Listed On
- 2026-09-05
- Possession
- Flexible
- Listed By
- ENGEL & VOLKERS TORONTO CITY
Rooms
Features
Interior
- Separate Hydro Meter
Pool
- None
Mortgage calculator
Estimated mortgage payment
$7,970 per month
- Principal and interest
- $7,970
- Property tax
- $708
- Condo fees
- $0
- Estimated monthly cost
- $8,678
Your mortgage
- Mortgage amount
- $1,439,999
- Mortgage insurance
- Not needed
- Interest over 25 years
- $951,003
Cash to close
- Down payment
- $360,000
- Land transfer tax (Ontario + Toronto)
- $64,950
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $424,950
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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