$1,453,800 - 1546 King Street, High Park
Semi-Detached for Sale in High Park
64 days on market- MLS Number
- W13000124
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 64
- Bedrooms
- 7
- Bathrooms
- 6
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- High Park / Junction / Roncesvalles
- Listing Brokerage
- SUTTON GROUP-ASSOCIATES REALTY INC.
Welcome to 1546 King St W. Formally know as the Grayona Tourist Home this property has been set up to allow for three Air B and B (hotel room) type rental spaces, two fully functional /separate apartment suites, Street side entrance to 7 ' high basement that with the conversion of the existing laundry room to a kitchen would create a 1310 sq foot apartment with excellent natural light. Over 4,300 sq ft of finished space on four levels . Situated on the King St Car Line and a five minute walk to Queen St West this property is ideally located for those looking to be a landlord, live and and collect rent or convert back to the stunning single family home of yesteryear that graced the Parkdale neighbourhood. Amazing views of Lake Ontario from the main, second and third floors. 2nd floor balconies both south (lake view) and north. north facing third floor balcony. Common powder room on second floor also contains stacking washer and dryer. Loads of original character and details plus many many upgrades. Truly this has been a very kept property.
Estimate your monthly payments for this property
Estimated Payment
$6,430.65/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.
1546 King Street, 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
Competitive Pricing
At $485/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 64 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.
Larger Home Realities
At 3,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 7 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in High Park.
Bathroom Count Matters
With 6 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.