437 Roncesvalles Avenue Unit 511, Toronto W01

Price: $988,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: W13016032

Welcome to High Park Lofts in the heart of vibrant Roncesvalles Village-Toronto's pioneering geothermal residence where sustainability meets sophisticated urban living. This rare, bright2-storey loft offers 2 bedrooms, 2 bathrooms, a versatile entrance-level den, and an exceptional two private outdoor spaces-plus parking and a locker-delivering the comfort of a home with the energy of the city. Flooded with natural light from its west-facing exposure, the principal level boasts soaring ceilings, updated flooring, and a cozy gas fireplace, creating a warm yet modern atmosphere. The open-concept design features a gourmet kitchen with abundant cabinetry, and built-in dishwasher-perfect for entertaining or everyday ease. The primary suite offers double closets, a 3-piece ensuite. Enjoy seamless indoor-outdoor living with three distinct outdoor retreats: a kitchen walkout, a quiet courtyard balcony, and BBQ hookup-featuring stunning views of downtown Toronto, High Park, and the lake. Additional highlights include ample ensuite storage. High Park Lofts is truly one-of-a-kind, centered around a breathtaking cathedral-style atrium that hosts concerts and community events. Residents also enjoy a rooftop terrace, concierge service, and a strong sense of community rarely found in condo living. Step outside to experience the best of Roncesvalles-boutique shops, cafés, restaurants, markets, and local cinema-plus effortless access to streetcars, subway. Walk to High Park or the lake in minutes. A truly rare offering combining space, character, sustainability, and location-this is loft living at its finest.

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$988,000 - 437 Roncesvalles Avenue Unit 511, High Park

Condo for Sale in High Park

61 days on market
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
W13016032
Property Type
Condo
Status
active
Days on Site
61
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
High Park / Junction / Roncesvalles
Locker
Owned
Exposure
East West
Balcony
Open
Listing Brokerage
Royal LePage Security Real Estate
Description

Welcome to High Park Lofts in the heart of vibrant Roncesvalles Village-Toronto's pioneering geothermal residence where sustainability meets sophisticated urban living. This rare, bright2-storey loft offers 2 bedrooms, 2 bathrooms, a versatile entrance-level den, and an exceptional two private outdoor spaces-plus parking and a locker-delivering the comfort of a home with the energy of the city. Flooded with natural light from its west-facing exposure, the principal level boasts soaring ceilings, updated flooring, and a cozy gas fireplace, creating a warm yet modern atmosphere. The open-concept design features a gourmet kitchen with abundant cabinetry, and built-in dishwasher-perfect for entertaining or everyday ease. The primary suite offers double closets, a 3-piece ensuite. Enjoy seamless indoor-outdoor living with three distinct outdoor retreats: a kitchen walkout, a quiet courtyard balcony, and BBQ hookup-featuring stunning views of downtown Toronto, High Park, and the lake. Additional highlights include ample ensuite storage. High Park Lofts is truly one-of-a-kind, centered around a breathtaking cathedral-style atrium that hosts concerts and community events. Residents also enjoy a rooftop terrace, concierge service, and a strong sense of community rarely found in condo living. Step outside to experience the best of Roncesvalles-boutique shops, cafés, restaurants, markets, and local cinema-plus effortless access to streetcars, subway. Walk to High Park or the lake in minutes. A truly rare offering combining space, character, sustainability, and location-this is loft living at its finest.

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Estimate your monthly payments for this property

Estimated Payment

$5,068.95/mo

Includes CMHC insurance ($27,565)

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5-yr fixed avg.

Principal: $889,200Interest: $603,920
Mortgage Amount$916,765
Total Interest$603,920
Est. Property Tax$700/mo
Total Cost$1,520,686

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

437 Roncesvalles Avenue Unit 511, High Park / Junction / Roncesvalles

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$700
Insurance (est.)-$206
Net Cash Flow+$804

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 $988/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.

Negotiation Opportunity

At 61 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.

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.

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 $4,117 (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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    437 Roncesvalles Avenue Unit 511 | $988,000 | Battaglia Team