$2,499,000 - 115 Parkside Drive, High Park
Detached for Sale in High Park
141 days on market- MLS Number
- W12551128
- Property Type
- Detached
- Status
- active
- Days on Site
- 141
- Bedrooms
- 4
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- High Park / Junction / Roncesvalles
- Lot Size
- 9,084 sqft
- Listing Brokerage
- REMAX CONNECT REALTY
Welcome to a stately 1911 High Park residence set on an exceptional 50 x 175 ft lot. This rare, estate-sized property offers a private backyard oasis, extraordinary depth, and parking for up to 12 vehicles via a wide paved driveway - a near-impossible find in the city. A grand early-century character home nestled in a park-like setting with mature trees and serene views, this is one of High Park's most compelling offerings. Currently configured as multiple apartments, the property presents outstanding flexibility. Options include maintaining the existing layout, redeveloping into a 6-9 unit multiplex (subject to approvals), adding a garden suite or ADU, or restoring it to a magnificent single-family residence. With its generous footprint, stately façade, and classic 1911 architectural details, the upside is exceptional. The basement was updated approximately 40 years ago, featuring higher ceilings, larger windows, and three separate entrances, offering strong potential for additional units or flexible use. The roof was replaced approximately 5 years ago at a cost of $54,000. Ideal for builders, developers, investors, or end-users seeking multi-generational living or significant rental upside in a neighbourhood where demand consistently exceeds supply. Prime Parkside location with direct access to High Park's trails, gardens, sports facilities, and the lakefront. Steps to TTC, minutes to Roncesvalles Village, and close to top-rated schools. Being sold as-is, where-is.
Estimate your monthly payments for this property
Estimated Payment
$11,053.92/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.
115 Parkside Drive, 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 $1000/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 141 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.
Detached Home Advantages
Detached homes in High Park are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to High Park. Good resale value as demand remains consistent.
Bathroom Count Matters
With 5 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $10,413 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.