MLS® listing
298 Seaton Street: duplex for sale
$1,799,999
From the listing brokerage
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.
Facts on the listing
| Square feet | 2500-3000 |
|---|---|
| Style | 2-Storey |
| Basement | Finished |
| Lot width | 19.31 |
| Lot depth | 100 |
| Lot measured in | Feet |
| Faces | West |
| Parking spaces | 1 |
| Garage | None |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 2 |
| Property tax | $8,499 |
| Tax year | 2025 |
| Parking | Private |
| Interior features | Separate Hydro Meter |
Listing courtesy of ENGEL & VOLKERS TORONTO CITY. MLS® C13748848.
About this duplex
298 Seaton Street is a 5 bedroom duplex in TRREB's Cabbagetown-South St. James Town community in Toronto, listed for sale at $1,799,999. The listing shows 4 bathrooms and 2500-3000 square feet. The style is given as 2-storey. The lot is listed as 19.31 by 100 feet. The listing gives the basement as finished. It comes with 1 parking space according to the listing. The nearest main intersection given is Gerrard St. E/Sherbourne.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, the lot, the taxes and what is included in the sale should all be confirmed before an offer is firm.
What it costs to buy 298 Seaton Street
At the asking price of $1,799,999, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $1,799,999 |
|---|---|
| Ontario land transfer tax | $32,475 |
| Toronto municipal land transfer tax | $32,475 |
| Both taxes | $64,950 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $360,000 |
The down payment figure is the federal minimum: 20 percent, because a home at $1.5 million or more cannot carry mortgage default insurance. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Property tax (2025) | $8,499 a year, about $708 a month |
|---|
That is before a mortgage payment, home insurance and utilities. The listing shows no monthly maintenance fee, so upkeep of the building and the lot is the owner's own cost.
What to check before you make an offer
- Book a home inspection. An inspector looks at the roof, foundation, wiring, plumbing and heating. The listing gives the heating as forced air.
- Have a lawyer search the title. A title search shows mortgages, liens and easements registered against the property. Ask whether a survey exists and whether it matches the lot on the listing, 19.31 by 100 feet.
- Ask about permits. Ask which renovations had building permits and whether those permits were closed. The listing shows 2 kitchens. If there is a second unit, ask whether it meets the municipality's rules for one.
- Confirm what is included. Appliances, light fixtures and window coverings are included only if the agreement says so. Ask whether the water heater or furnace is rented.
- Get your financing in writing. A lender looks at the property tax and heating costs as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the street and the homes beside it.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
Toronto neighbourhoods and prices
Our neighbourhood guides set out TRREB prices by home type, transit and the housing in each area we cover.
Toronto neighbourhood guides · Toronto house prices · All Toronto homes for sale
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Questions about 298 Seaton Street
How much is land transfer tax on 298 Seaton Street?
At the asking price of $1,799,999 the Ontario tax is $32,475 and the Toronto tax is $32,475, $64,950 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 298 Seaton Street?
$360,000 at the asking price of $1,799,999, under the federal minimum down payment rules. A lender may require more.
How much is the property tax on 298 Seaton Street?
The listing shows $8,499 a year for 2025, about $708 a month.
How do I book a showing for 298 Seaton Street?
Use the form on this page or call us. Quote MLS® C13748848. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 298 Seaton Street still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale or lease of real estate and may not be used for any commercial purpose or any other purpose. The data is deemed reliable but is not guaranteed accurate by TRREB or PropTx. Each listing shows the brokerage that listed it. Listings are updated every few minutes.
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