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.
3 bedrooms, 2 bathrooms, about 1,500 sq ft, works out to roughly $1,133 per square foot. Chat with Zara if you'd like a deeper read on whether this semi-detached fits your budget and timing.
Inside 489 Ontario St
Every detail from the listing, in one place.
Type
Semi-Detached
Style
3-Storey
Living space
1500-2000 sq ftas stated on the listing
Basement
Finished
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
Finished
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
3-Storey
Property class
Semi-Detached
489 Ontario St Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14104316$1,699,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 489 Ontario St Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$8,347
/mo
based on the purchase price of $1,699,000
$339,800 cash
$1,359,200 financed
$1,144,803 total interest
Principal54%$1,359,200
Interest46%$1,144,803
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 2–3 bed homes for sale in Toronto around $1.7M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5138.8%On average, homes sold at or above asking.
Active listings12,712Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 9,226 sales from Jul 25 – Oct 23, 2026 (6,811 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
489 Ontario St is listed at $1,699,000 (MLS® C14104316). Summitly updates the price as soon as the MLS® record changes.
Is $1,699,000 a good price for 489 Ontario St?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 489 Ontario St changed?
No — 489 Ontario St is still listed at its original asking price of $1,699,000.
How many bedrooms and bathrooms does 489 Ontario St have?
489 Ontario St has 3 bedrooms and 2 bathrooms, with about 1,500–2,000 square feet of living space. It is a semi-detached home in Toronto.
Is 489 Ontario St close to transit?
The nearest rapid-transit station is Sherbourne Station (Line 2), about 950 m (about a 12-minute walk) in a straight line. Castle Frank Station is about 980 m (about a 12-minute walk), and Wellesley Station is about 1.0 km (about a 13-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 489 Ontario St?
About $8,347 a month — principal and interest on $1,699,000 with 20% down ($339,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 489 Ontario St compare with other homes in Toronto?
Its asking price of $1,699,000 is about 102% above the median sold price in Toronto over the last 90 days, $842,000, across 9,226 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 489 Ontario St been sold before?
Summitly has no earlier MLS® sale or lease of 489 Ontario St on record from the last two years. Older records aren't shown under TRREB rules.
Where is 489 Ontario St?
489 Ontario St is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 489 Ontario St been on the market?
2 days — 489 Ontario St was listed on October 21, 2026.
What is the price per square foot of 489 Ontario St?
About $850 to $1,133 per square foot: the asking price of $1,699,000 over the 1,500–2,000 sq ft the listing gives as its size range.
Does 489 Ontario St have a basement, and is it finished?
