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115 Parkside Drive

High Park-Swansea, Toronto

$2,499,000

Detached|2 1/2 Storey
4 | 5 | 12
About this home

Welcome to a stately 1911 High Park residence set on an exceptional 50 x 175 ft lot. This rare, estate-sized property offers a private backyard oasis, extraordinary depth, and parking for up to 12 vehicles via a wide paved driveway - a near-impossible find in the city. A grand early-century character home nestled in a park-like setting with mature trees and serene views, this is one of High Park's most compelling offerings. Currently configured as multiple apartments, the property presents outstanding flexibility. Options include maintaining the existing layout, redeveloping into a 6-9 unit multiplex (subject to approvals), adding a garden suite or ADU, or restoring it to a magnificent single-family residence. With its generous footprint, stately façade, and classic 1911 architectural details, the upside is exceptional. The basement was updated approximately 40 years ago, featuring higher ceilings, larger windows, and three separate entrances, offering strong potential for additional units or flexible use. The roof was replaced approximately 5 years ago at a cost of $54,000. Ideal for builders, developers, investors, or end-users seeking multi-generational living or significant rental upside in a neighbourhood where demand consistently exceeds supply. Prime Parkside location with direct access to High Park's trails, gardens, sports facilities, and the lakefront. Steps to TTC, minutes to Roncesvalles Village, and close to top-rated schools. Being sold as-is, where-is.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeDetached
Style2 1/2 Storey
Approx. AgeNot available
Size2500-3000 sq. ft.
Property Tax$10,897
Lot Size50 ft x 175 ft
mls© NumberW12551128
Listed ByREMAX CONNECT REALTY

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$12,791
Property tax
$908
Heat allowance
$150
Housing costs
$13,849 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $499,800
25-yr amortization

Income needed

$426,000

gross annual household income

Payment at 4%
$10,516 / mo
Cash down
$499,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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