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Set on a picturesque, tree-lined street in the heart of Cabbagetown, 488 Ontario Street is a rare, exquisitely renovated, grand-scale, bay-and-gable Victorian townhouse. With its classic Toronto yellow brick façade and over 3,200 square feet of refined interiors, this stately 3-storey residence seamlessly blends original 19th-century craftsmanship with modern luxury creating a sophisticated urban sanctuary. This distinguished 3+1 bedroom, 5-bathroom home spans an impressive 21.69 feet in width and offers soaring ceilings, oversized principal rooms and architectural details seldom found today. Stained glass transoms, original ceiling medallions, deep crown mouldings, a marble fireplace and restored pocket doors pay homage to the home’s storied past, while thoughtful contemporary updates elevate everyday living. The welcoming foyer framed by double stained-glass doors opens onto a grand central hall with an awe-inspiring original 3-storey staircase. The large formal living and dining rooms are ideal for entertaining, featuring soaring 10.5’ ceilings, rich hardwood floors and a gracious flow perfect for hosting on a grand scale. A gourmet, open-concept kitchen, beautifully appointed with stone countertops, a central island with breakfast bar, premium appliances, and a cozy gas fireplace has adjoining breakfast area bathed in natural light opening onto a private side-yard patio perfect for morning coffee.
The second floor is anchored by a luxurious primary suite with fireplace, bay window, walk-in closet and spa-inspired ensuite featuring double vanities, heated floors and an oversized steam shower. Two additional bedrooms and a well-appointed full bath provide flexibility for family, guests, or an elegant home office. The third floor is truly a showstopper – a sprawling, sunlit family and games room with vaulted ceilings, skylights, a wet bar with marble counters and SUB-ZERO undercounter fridge and a fourth fireplace. A west-facing rooftop terrace offers the ultimate outdoor living experience with sweeping skyline views and ample space for dining, lounging and entertaining under the stars. A fully renovated contemporary lower-level suite with heated floors and separate entrance offers a unique flex space that can just as easily function as a nanny suite, or integrate with the rest of the home providing a 4th bedroom, second kitchen, 5th bathroom and media/entertainment space perfect for drum practice, or family movie nights on the big screen TV!
Fully renovated with modern urban living in mind, this home is wired for sound with in-ceiling speakers, two high-efficiency furnaces, central air conditioning, supplemental third-floor A/C unit, rear parking and abundant storage throughout. Ideally located just steps from Parliament Street’s 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 living.