121R Fermanagh Avenue, Toronto W01

Price: $2,695,000

2 bedrooms, 2 bathrooms

2,000 - 2,499 sqft

Property Type: Townhouse

MLS#: W13228472

A century in the making, this The High Park Garage townhouse is unlike anything else on the market. Rooted in the heart of Roncesvalles Village, one of Toronto's most spirited and walkable neighbourhoods, this rarely offered freehold townhouse is one of only 4 units, each converted from a celebrated early 20th-century commercial garage with an unwavering commitment to preserving its industrial soul. Step into 121R, and its intentions become clear at once. A striking brick facade gives way to an interior where exposed original floor beams trace the ceiling overhead, and heated concrete floors meet your feet with quiet, grounded warmth. The open-concept main floor feels both expansive and comforting. With soaring 12-ft ceilings, a sleek bar, and a generous kitchen outfitted for a chef, this home strikes the balance between everyday ease and effortless entertaining. Natural light pours through with generosity, flooding the family room and spilling down through the multiple skylights. Enjoy a private courtyard where al-fresco dining evokes the charm of a European evening, right in the middle of city. The 2nd floor offers a spacious bedroom with a den (currently used as a walk-in closet), a 4pc bathroom and a private deck. The space continues into a bright, open-concept study graced with wall-to-wall closets. Approved plans to add additional square footage to the second floor and/or reconfigure the space are available. A breathtaking private terrace perched among the trees takes over the 3rd floor, an instant entertaining destination in summer, or simply your own elevated escape. Steps from Roncesvalles' beloved shops, cafés, and top-rated restaurants. With seamless TTC or Metrolinx access, the location is considered as important as the architecture. High Park, Sorauren Park and the scenic Lakeshore trails offer endless room to explore. To step inside is to feel the pull of a space that has already lived many lives and invites you to be a part of its next one.

121R Fermanagh Avenue - Townhouse photo 1 of 33 in High Park / Junction / Roncesvalles, Ontario
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New Listing
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$2,695,000 - 121R Fermanagh Avenue, High Park

Townhouse for Sale in High Park

New — Listed 2 days ago
2Beds
2Baths
2,000 - 2,499Sq Ft
Townhouse
Property Details
MLS Number
W13228472
Property Type
Townhouse
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
2,000 - 2,499 sqft
Neighbourhood
High Park / Junction / Roncesvalles
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Description

A century in the making, this The High Park Garage townhouse is unlike anything else on the market. Rooted in the heart of Roncesvalles Village, one of Toronto's most spirited and walkable neighbourhoods, this rarely offered freehold townhouse is one of only 4 units, each converted from a celebrated early 20th-century commercial garage with an unwavering commitment to preserving its industrial soul. Step into 121R, and its intentions become clear at once. A striking brick facade gives way to an interior where exposed original floor beams trace the ceiling overhead, and heated concrete floors meet your feet with quiet, grounded warmth. The open-concept main floor feels both expansive and comforting. With soaring 12-ft ceilings, a sleek bar, and a generous kitchen outfitted for a chef, this home strikes the balance between everyday ease and effortless entertaining. Natural light pours through with generosity, flooding the family room and spilling down through the multiple skylights. Enjoy a private courtyard where al-fresco dining evokes the charm of a European evening, right in the middle of city. The 2nd floor offers a spacious bedroom with a den (currently used as a walk-in closet), a 4pc bathroom and a private deck. The space continues into a bright, open-concept study graced with wall-to-wall closets. Approved plans to add additional square footage to the second floor and/or reconfigure the space are available. A breathtaking private terrace perched among the trees takes over the 3rd floor, an instant entertaining destination in summer, or simply your own elevated escape. Steps from Roncesvalles' beloved shops, cafés, and top-rated restaurants. With seamless TTC or Metrolinx access, the location is considered as important as the architecture. High Park, Sorauren Park and the scenic Lakeshore trails offer endless room to explore. To step inside is to feel the pull of a space that has already lived many lives and invites you to be a part of its next one.

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Estimated Payment

$11,920.89/mo

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5-yr fixed avg.

Principal: $2,156,000Interest: $1,420,268
Mortgage Amount$2,156,000
Total Interest$1,420,268
Est. Property Tax$1,909/mo
Total Cost$3,576,268

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.

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Neighbourhood Guide: High Park / Junction / Roncesvalles

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

121R Fermanagh Avenue, High Park / Junction / Roncesvalles

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,680/mo
Range: $2,278 - $3,082
Cap Rate (ROI)
0.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,680
Maintenance Fees-$0
Property Tax (est.)-$1,909
Insurance (est.)-$561
Net Cash Flow+$210

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1348/sqft, this property is priced above the High Park average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In High Park's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in High Park have shown strong appreciation as families seek more space.

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 $11,229 (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.

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    121R Fermanagh Avenue, High P… — $2,695,000 | Battaglia Team