298 South Kingsway N/A, Toronto W01

Price: $2,295,000

6 bedrooms, 5 bathrooms

2,000 - 2,499 sqft

Property Type: Multi-Family

MLS#: W13417774

Investment Opportunity of a Lifetime! Exceptional Triplex in the Highly Desirable Swansea Neighbourhood. Featuring three beautifully renovated apartments with premium finishes throughout. Upgrades include three separate HVAC systems, three custom kitchens with quartz countertops, and thoughtfully designed living spaces that showcase quality craftsmanship.Location, Location, Location! Just steps to Bloor West Village, offering an abundance of shops, restaurants, parks, and everyday amenities. Transit and schools are conveniently located only one block away.Boasting over 3,000 sq. ft. of renovated living space, this turnkey investment property offers strong income potential and pride of ownership throughout. An additional 700 sq. ft. of attic space is accessible from the third-floor unit, providing exciting future possibilities.

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New Listing
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$2,295,000 - 298 South Kingsway N/A, High Park

Multi-Family for Sale in High Park

New — Listed 2 days ago
6Beds
5Baths
2,000 - 2,499Sq Ft
Multi-Family
Property Details
MLS Number
W13417774
Property Type
Multi-Family
Status
active
Days on Site
2
Bedrooms
6
Bathrooms
5
Square Feet
2,000 - 2,499 sqft
Neighbourhood
High Park / Junction / Roncesvalles
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Investment Opportunity of a Lifetime! Exceptional Triplex in the Highly Desirable Swansea Neighbourhood. Featuring three beautifully renovated apartments with premium finishes throughout. Upgrades include three separate HVAC systems, three custom kitchens with quartz countertops, and thoughtfully designed living spaces that showcase quality craftsmanship.Location, Location, Location! Just steps to Bloor West Village, offering an abundance of shops, restaurants, parks, and everyday amenities. Transit and schools are conveniently located only one block away.Boasting over 3,000 sq. ft. of renovated living space, this turnkey investment property offers strong income potential and pride of ownership throughout. An additional 700 sq. ft. of attic space is accessible from the third-floor unit, providing exciting future possibilities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$10,151.56/mo

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5-yr fixed avg.

Principal: $1,836,000Interest: $1,209,468
Mortgage Amount$1,836,000
Total Interest$1,209,468
Est. Property Tax$1,626/mo
Total Cost$3,045,468

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

298 South Kingsway N/A, High Park / Junction / Roncesvalles

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,100/mo
Range: $3,485 - $4,715
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,100
Maintenance Fees-$0
Property Tax (est.)-$1,626
Insurance (est.)-$478
Net Cash Flow+$1,996

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 $1148/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.

Excellent Flexibility

With 6 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 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 $9,563 (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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    298 South Kingsway N/A, High… — $2,295,000 | Battaglia Team