$1,299,000 - 1 Old Mill Drive Unit 225, High Park
Condo for Sale in High Park
51 days on market- MLS Number
- W13054642
- Property Type
- Condo
- Status
- active
- Days on Site
- 51
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- High Park / Junction / Roncesvalles
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Welcome to Suite 225 at 1 Old Mill Drive, a rare offering in one of Toronto's most prestigious west end residences - Bloor West Village. Perfectly positioned on the quiet northwest corner of the building, this suite enjoys a peaceful, private setting, well removed from the activity of Bloor Street and not overlooked by neighbouring units. With nearly 1,250 square feet of beautifully proportioned living space, this two-bedroom, two-bathroom residence offers a layout that is both functional and exceptionally inviting. Unlike many condominium layouts, the suite's square footprint creates a true sense of openness and flow. Expansive wraparound windows along two sides flood the home with natural light throughout the day, while a private tree-top balcony offers the perfect setting for morning coffee or evening aperitifs. The open-concept kitchen, living, and dining areas are designed for both everyday living and effortless entertaining. A modern kitchen features sleek flat-panel cabinetry, stainless steel appliances, and a well-designed centre island with seating, seamlessly connecting to the spacious principal rooms. The primary bedroom is a standout, with corner windows on two sides, a walk-in closet, and a beautifully appointed five piece ensuite. The second bedroom offers flexibility as a guest room, office, or den, complemented by a well-designed four-piece bathroom. Additional conveniences include in-suite laundry, a locker located on the same floor, and one underground parking space. A unique advantage of this suite is direct second-floor access to the street, offering added ease without the need to pass through the main lobby. Developed by Tridel, The Residences of One Old Mill is a boutique 13 storey building known for its quality craftsmanship exceptional amenities, including concierge, gym, indoor pool, sauna, yoga studio, party and dining rooms, theatre, guest suites and a rooftop terrace with BBQs, herb garden and outdoor seating.
Estimate your monthly payments for this property
Estimated Payment
$5,745.92/mo
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover High Park / Junction / Roncesvalles
High Park / Junction / Roncesvalles is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in High Park / Junction / Roncesvalles
- •Convenient location in High Park / Junction / Roncesvalles
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
High Park / Junction / Roncesvalles offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
1 Old Mill Drive Unit 225, High Park / Junction / Roncesvalles
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1083/sqft, this property is priced in line with current High Park market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 51 days on site, this property has exceeded the typical selling timeline for High Park. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Investment Perspective
Looking at this as an investment: High Park properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,413 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.