32 High Park Boulevard, Toronto W01

Price: $3,599,000

7 bedrooms, 13 bathrooms

3,500 - 3,999 sqft

Property Type: Detached

MLS#: W13138170

This is a rare opportunity to acquire a generational investment asset in the heart of High Park-Roncesvalles, one of Toronto's most sought-after and supply-constrained neighbourhoods. This iconic mansion conversion features 13 kitchens and 13 bathrooms, consisting of a stately main residence and a detached coach house. The property has COA approval for a two-storey rear addition, which will create three additional units, with 2 units already in the coach house. The property primarily comprises long-term tenancies, providing reliable in-place income and significant potential for future rent optimization. Notable features include 400-amp electrical service and ample rear parking, a rare amenity in an urban setting. Located steps from Roncesvalles Village, High Park, transit options, Bloor West Village, the GO Train, and the UP Express, this site offers seamless access to downtown Toronto and Pearson Airport. Properties in this tightly held area are seldom available, making this a once-in-a-generation opportunity for investors looking for scale, character, and long-term appreciation. The CMHC Select program might be applicable for the construction of additional units and the purchase of property. The property is sold AS IS, WHERE IS, and is registered as a rooming and boarding house.

32 High Park Boulevard - Detached photo 1 of 27 in High Park / Junction / Roncesvalles, Ontario
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$3,599,000 - 32 High Park Boulevard, High Park

Detached for Sale in High Park

7Beds
13Baths
3,500 - 3,999Sq Ft
Detached
Property Details
MLS Number
W13138170
Property Type
Detached
Status
active
Days on Site
26
Bedrooms
7
Bathrooms
13
Square Feet
3,500 - 3,999 sqft
Neighbourhood
High Park / Junction / Roncesvalles
Listing Brokerage
RIGHT AT HOME REALTY
Description

This is a rare opportunity to acquire a generational investment asset in the heart of High Park-Roncesvalles, one of Toronto's most sought-after and supply-constrained neighbourhoods. This iconic mansion conversion features 13 kitchens and 13 bathrooms, consisting of a stately main residence and a detached coach house. The property has COA approval for a two-storey rear addition, which will create three additional units, with 2 units already in the coach house. The property primarily comprises long-term tenancies, providing reliable in-place income and significant potential for future rent optimization. Notable features include 400-amp electrical service and ample rear parking, a rare amenity in an urban setting. Located steps from Roncesvalles Village, High Park, transit options, Bloor West Village, the GO Train, and the UP Express, this site offers seamless access to downtown Toronto and Pearson Airport. Properties in this tightly held area are seldom available, making this a once-in-a-generation opportunity for investors looking for scale, character, and long-term appreciation. The CMHC Select program might be applicable for the construction of additional units and the purchase of property. The property is sold AS IS, WHERE IS, and is registered as a rooming and boarding house.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$15,919.59/mo

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5%20%50%

5-yr fixed avg.

Principal: $2,879,200Interest: $1,896,677
Mortgage Amount$2,879,200
Total Interest$1,896,677
Est. Property Tax$2,549/mo
Total Cost$4,775,877

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

32 High Park Boulevard, High Park / Junction / Roncesvalles

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,250/mo
Range: $4,463 - $6,037
Cap Rate (ROI)
0.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,250
Maintenance Fees-$0
Property Tax (est.)-$2,549
Insurance (est.)-$750
Net Cash Flow+$1,951

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

Fair Market Value

At $1028/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 26 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.

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 3,500 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 13 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.

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    32 High Park Boulevard, High… — $3,599,000 | Battaglia Team