363 Sorauren Avenue Unit 301, Toronto W01

Price: $779,000

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: W13088350

Located in the iconic Robert Watson Lofts, this hard loft with parking offers the optimal blend of condo conveniences with quaint feeling of only ~150 suites. Loft features a huge balcony and loads of character including 12' ceilings, polished concrete floors, exposed ductwork, full-size appliances and extra-height windows throughout, bringing in lot's of natural light. An open-concept kitchen offers a versatile space allowing for a kitchen island. Adjacent additional cabinetry functions as a great home office/study. The extra-wide living and dining areas feature east-facing large windows with walk-out to spacious balcony overlooking the peaceful, treed courtyard. Generous bedroom features space to easily accommodate any size bed, wall-to-wall closet, lofted alcove storage above and space for reading nook/dressing area. Bathroom features semi-ensuite access with glass enclosed tub, rain shower head and modern finishes. Amenities include easy-to-access visitor's parking, fully equipped gym, furnished landscaped courtyard with BBQ and lofted party room. Originally a candy factory, the Robert Watson Lofts offers both historic character and a strong sense of community. Ideally located just steps from Sorauren Park with its weekly farmers market, off-leash dog area, tennis courts, and sports fields and only a short walk to Roncesvalles with its many cafes, restaurants, and shops. Transit is easily accessible via nearby TTC streetcar lines, with quick access to the Gardiner Expressway for weekend escapes or downtown commutes.

363 Sorauren Avenue Unit 301 - Condo photo 1 of 16 in High Park / Junction / Roncesvalles, Ontario
363 Sorauren Avenue Unit 301 - Condo photo 2 of 16 in High Park / Junction / Roncesvalles, Ontario
363 Sorauren Avenue Unit 301 - Condo photo 3 of 16 in High Park / Junction / Roncesvalles, Ontario
363 Sorauren Avenue Unit 301 - Condo photo 4 of 16 in High Park / Junction / Roncesvalles, Ontario
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363 Sorauren Avenue Unit 301 - Condo photo 6 of 16 in High Park / Junction / Roncesvalles, Ontario
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363 Sorauren Avenue Unit 301 - Condo photo 8 of 16 in High Park / Junction / Roncesvalles, Ontario
363 Sorauren Avenue Unit 301 - Condo photo 9 of 16 in High Park / Junction / Roncesvalles, Ontario
363 Sorauren Avenue Unit 301 - Condo photo 10 of 16 in High Park / Junction / Roncesvalles, Ontario
363 Sorauren Avenue Unit 301 - Condo photo 11 of 16 in High Park / Junction / Roncesvalles, Ontario
363 Sorauren Avenue Unit 301 - Condo photo 12 of 16 in High Park / Junction / Roncesvalles, Ontario
363 Sorauren Avenue Unit 301 - Condo photo 13 of 16 in High Park / Junction / Roncesvalles, Ontario
363 Sorauren Avenue Unit 301 - Condo photo 14 of 16 in High Park / Junction / Roncesvalles, Ontario
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363 Sorauren Avenue Unit 301 - Condo photo 16 of 16 in High Park / Junction / Roncesvalles, Ontario
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$779,000 - 363 Sorauren Avenue Unit 301, High Park

Condo for Sale in High Park

43 days on market
1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
W13088350
Property Type
Condo
Status
active
Days on Site
43
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
High Park / Junction / Roncesvalles
Locker
Ensuite
Exposure
East
Balcony
Open
Listing Brokerage
CHESTNUT PARK REAL ESTATE LIMITED
Description

Located in the iconic Robert Watson Lofts, this hard loft with parking offers the optimal blend of condo conveniences with quaint feeling of only ~150 suites. Loft features a huge balcony and loads of character including 12' ceilings, polished concrete floors, exposed ductwork, full-size appliances and extra-height windows throughout, bringing in lot's of natural light. An open-concept kitchen offers a versatile space allowing for a kitchen island. Adjacent additional cabinetry functions as a great home office/study. The extra-wide living and dining areas feature east-facing large windows with walk-out to spacious balcony overlooking the peaceful, treed courtyard. Generous bedroom features space to easily accommodate any size bed, wall-to-wall closet, lofted alcove storage above and space for reading nook/dressing area. Bathroom features semi-ensuite access with glass enclosed tub, rain shower head and modern finishes. Amenities include easy-to-access visitor's parking, fully equipped gym, furnished landscaped courtyard with BBQ and lofted party room. Originally a candy factory, the Robert Watson Lofts offers both historic character and a strong sense of community. Ideally located just steps from Sorauren Park with its weekly farmers market, off-leash dog area, tennis courts, and sports fields and only a short walk to Roncesvalles with its many cafes, restaurants, and shops. Transit is easily accessible via nearby TTC streetcar lines, with quick access to the Gardiner Expressway for weekend escapes or downtown commutes.

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Estimated Payment

$3,996.67/mo

Includes CMHC insurance ($21,734)

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5-yr fixed avg.

Principal: $701,100Interest: $476,168
Mortgage Amount$722,834
Total Interest$476,168
Est. Property Tax$552/mo
Total Cost$1,199,002

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

363 Sorauren Avenue Unit 301, High Park / Junction / Roncesvalles

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$552
Insurance (est.)-$162
Net Cash Flow+$696

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 $1298/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.

Market Position

At 43 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 $3,246 (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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    363 Sorauren Avenue Unit 301 | $779,000 | Battaglia Team