$995,000 - 1 Ripley Avenue Unit 403, High Park
Condo for Sale in High Park
- MLS Number
- W13175598
- Property Type
- Condo
- Status
- active
- Days on Site
- 23
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- High Park / Junction / Roncesvalles
- Locker
- Owned
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Welcome to Suite 403 at The Southampton, a large south-facing 2+1 bedroom, 2 bathroom condo in Swansea, in an established 10-storey boutique Tridel building known for generous floor plans and full-service living. This suite has been thoughtfully updated and is ready to move into, with a newly renovated kitchen, quartz counters and backsplash, engineered hardwood flooring, updated lighting, appliances, and fresh paint throughout. The layout gives you real space, with approximately 1,351 sq ft: a separate dining area, generous living room, two well-sized bedrooms, and a separate den with French doors that works well as a home office, hobby room, or occasional guest space. One of the strongest features of this suite is the natural light. The south-facing exposure brings in brightness throughout the day, with private views over mature trees and landscaped gardens. From the fourth floor, it feels warm, calm, and more like a home than a typical condo. The oversized primary bedroom includes a walk-in closet and a large 6-piece ensuite. The second bedroom works well for guests or family, with a second full bathroom nearby. There is also ensuite laundry and practical in-suite storage. The Southampton is a full-service residence with 24-hour concierge/security, indoor pool, jacuzzi, sauna, squash court, gym, party/club room, guest suites, visitor parking, landscaped gardens, and an outdoor terrace with BBQs. Maintenance fees include utilities. The building also has an active resident community, with social activities and gatherings for those who want to take part. Tucked away on a quiet side street off South Kingsway, The Southampton offers a quieter, more private setting while still keeping you close to High Park, the lake, Humber River trails, Bloor West Village, TTC options, the Gardiner, and local favourites like Cheese Boutique just around the corner. Suite 403 is a strong option for buyers looking for a large, updated home with space, light, and practical comfort.
Estimate your monthly payments for this property
Estimated Payment
$5,104.87/mo
Includes CMHC insurance ($27,761)
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 Ripley Avenue Unit 403, 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 $829/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.
Market Position
At 23 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 $4,146 (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.