$2,069,900 - 328 High Park Avenue, Bloor West Village
Multi-Family for Sale in Bloor West Village
131 days on market- MLS Number
- W12743360
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 131
- Bedrooms
- 7
- Bathrooms
- 4
- Square Feet
- 3,000 - 3,499 sqft
- Neighbourhood
- Bloor West Village / Swansea
- Listing Brokerage
- RE/MAX WEST REALTY INC.
Exceptional detached 2 1/2 storey investment opportunity in the heart of Toronto's highly sought-after Junction neighbourhood. This newly renovated and well-maintained multi-unit property features three self-contained suites, including two spacious three-bedroom suites (upper to be vacant on closing) and 1 one bedroom suite, offering strong and stable rental appeal with a current gross income of ~$108,300. The unfinished basement provides a value-add opportunity with the potential to create an additional two-bedroom suite, increasing future income potential to $135,000 or more. Ideally located on a prime stretch of High Park Avenue, this property benefits from excellent transit connectivity with easy access to TTC routes, major commuter arteries and just steps to the core of the vibrant Junction with its diverse mix of shops, cafés, restaurants, and everyday conveniences. High Park, one of Toronto's most iconic green spaces, is less than four blocks away. With strong rental demand, excellent walkability, and long-term appreciation, this property is well suited for investors seeking immediate cash flow or end-users looking to live in one suite while generating income from the others, offering a rare opportunity to acquire a versatile multi-unit property in a premier west-end neighbourhood with future expansion potential.
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Estimated Payment
$9,155.87/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 Bloor West Village / Swansea
Bloor West Village / Swansea 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 Bloor West Village / Swansea
- •Convenient location in Bloor West Village / Swansea
- •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
Bloor West Village / Swansea 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.
328 High Park Avenue, Bloor West Village / Swansea
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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 $690/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 131 days on site, this property has exceeded the typical selling timeline for Bloor West Village. 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.
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 Bloor West Village.
Bathroom Count Matters
With 4 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: Bloor West Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $8,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.