Residentiae.
For Sale · Cornerstone

488 HUGHSON STREET NORTH

Cornerstone · L8L4N7

$945,000

5Bedrooms
4Bathrooms
Parking
2,200Sq Ft
2Storeys

About this residence

Steps to the Bayfront, Art Crawl and GO station. VERY desirable area! 488 Hughson St N and 33-35 Wood St E, must be sold together, total ask price $1,890,000- $945,000 each. There are 2 deeds/2 lots. Both are legal 4 plexes, a total of 8 units. Fully renovated along with common areas. 8 hydro meters rewired with permits, 2 furnaces approx 13yrs. Proforma, plans, information sheet, zoning verifications attached as a supplement. Street parking only. All water lines replaced, most sewer stacks replaced, back roof redone, newer windows, exterior paint, all eavestroughs and facia newer. Seller willing to consider a VTB up to 80%LTV. (id:61366)

Property details

Property type
Multi-family
Style
Fourplex
Ownership
Freehold
Bedrooms
5
Bathrooms
4
Storeys
2
Living area
2,200 sq ft
Frontage
70 feet
Annual tax
$4,581
MLS®
40780796
Board
Cornerstone
Status
Active
Listed
Oct 21, 2025
Updated
Jun 2, 2026

Features & finishes

Heating

  • Forced air
  • Natural gas

Basement

  • Partial
  • Unfinished

Exterior

  • Brick
  • Vinyl siding

Foundation

  • Stone

Sewer & Utilities

  • Municipal sewage system

Financing

Mortgage calculator

Estimated monthly payment

$4,420/mo

Amortization

Loan amount

$756,000

Down payment

$189,000

Estimate only. Rates and terms vary by lender and qualification.

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Location & area

Cornerstone

About the area

Census · L8L
32,312
Population
36
Median age
$65,000
Median income
$500,000
Median home value
52%
Home ownership
30 min
Avg. commute

Age distribution

0–14
17%
15–24
12%
25–44
34%
45–64
25%
65+
13%

Tenure

52% owners48% renters

Neighbourhood statistics for the property’s forward sortation area. Figures are census-derived estimates.

Powered by Neighbourly.io
Good to know

Frequently asked questions

What is the asking price for 488 HUGHSON STREET NORTH?

488 HUGHSON STREET NORTH is listed for $945,000, in Cornerstone.

How many bedrooms and bathrooms does 488 HUGHSON STREET NORTH have?

It offers 5 bedrooms and 4 bathrooms.

What type of home is 488 HUGHSON STREET NORTH?

488 HUGHSON STREET NORTH is a Multi-family, Fourplex set over 2 storeys.

How large is 488 HUGHSON STREET NORTH?

The home offers approximately 2,200 sq ft of living space.

What would the monthly mortgage payment be?

With a 20% down payment at a 5.0% interest rate over a 25-year amortization, the estimated monthly payment is about $4,420. Use the mortgage calculator above to model your own scenario.

What are the annual property taxes?

Property taxes are approximately $4,581 per year.

What is the Cornerstone area like?

Cornerstone has a population of about 32,312, a median age of 36, a 52% home-ownership rate, with an average commute of about 30 minutes.

What is the average home value in Cornerstone?

The median dwelling value in this area is approximately $500,000, based on census data via Neighbourly.

What is the median household income in Cornerstone?

The median household income in this area is approximately $65,000.

Private viewings

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