505 Parkside Drive, Toronto W01, ON

$2,199,000
MLS#:W13050314
5 beds
4 baths
2000-2500 sqft
1.0 parking
Residential Freehold
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Description

Property Highlights

Welcome to this remarkable ["2 1/2 Storey"] detached located in the coveted neighborhood of High Park-Swansea. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $2,199,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 5 Bedrooms and 4 Bathrooms with 4 functional kitchens
  • Generous living space spanning 2000-2500 sqft on a premium 24.18 x 100.07 ft lot
  • Features a ["apartment"] basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: Carpet Free
  • equipped with ["other"] central cooling and highly efficient radiant heating via gas

Discover an exceptional investment opportunity in one of Toronto's most desirable west-end locations. 505 Parkside Dr is a turnkey, upgraded property with 4 self-contained units, situated directly across from High Park and steps away from Keele TTC station. This property has been meticulously maintained by an experienced owner, ensuring operational efficiency and long-term stability. Recent upgrades include newer roofing, eavestroughs, downspouts and fascia, windows and blinds, vinyl flooring, 200 Amp electrical panel, tankless water heater, sump pumps (2), radiators, interior doors, and most appliances. Current rents are at market level and investors benefit from a **strong cap rate of 4.55%**, with minimal need for repositioning.Tenants benefit from efficient floorplans, outstanding convenience, and lifestyle appeal. The property is just a 3-minute walk to Keele Subway Station and only 15 minutes to the UP Express, ensuring seamless access to downtown and beyond. Steps from the lively Roncesvalles Village, residents have access to some of the city's best cafés, restaurants, and local shops, further enhancing tenant appeal and retention.A rare opportunity to acquire a turn-key asset in a premier west-end location with stable income, strong fundamentals, and enduring demand.

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Key Features

Bedrooms
5
Bathrooms
4
Kitchens
4
Living Area
2000-2500 sqft
Property Type
Residential Freehold

Additional Details

StatusActive
Listed Date4/27/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
ConstructionBrick
Lot Size24.18 × 100.07 Feet
CountyToronto
Annual Tax$7,555.95
Legal DescriptionPT LT 58-59 PL 1226 TORONTO PT 5 63R3562; CITY OF TORONTO

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
Cooling["Other"]

Features

Property Features

Fenced Yard, Park, Public Transit, School, Library, Hospital

Community Features

Location

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505 Parkside Drive, Toronto W01, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 505 Parkside Drive, Toronto W01, ON M6R 2Z9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Financial Audit

Estimated Costs

Loan Amount$1,759,200
Monthly Mortgage$10,222
Property Tax (Est.)$630
Utilities & Maint.$350
Total Monthly Cost$11,202

Nearby School Rankings

No schools found within 3 km of this property.

Within 2km radiusFraser Institute Ratings

Nearby Listings

Distance:

No current listings found in Toronto W01.

City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for High Park Swansea, Toronto W01.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,507,095

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Swansea
Public207 Windermere Avenue, High Park-Swansea, Toronto, Ontario, M6S 3J9
7.7
St Pius X
Public71 Jane Street, Toronto, Ontario, M6S 3Y3
8.3
Howard
Public30 Marmaduke Street, High Park-Swansea, Toronto, Ontario, M6R 1T2
7.6
Keele Street
Public99 Mountview Avenue, Toronto, Ontario, M6P 2L5
6.7
Garden Avenue
Public225 Garden Avenue, High Park-Swansea, Toronto, Ontario, M6R 1M9
7.7

Secondary Schools

Western
Public125 Evelyn Crescent, Toronto, Ontario, M6P 3E3
6.8
Ursula Franklin
Public146 Glendonwynne Road, Toronto, Ontario, M6P 3J7
9.7
Pope John Paul II
PublicFern Avenue, High Park-Swansea, Toronto, Ontario, M6R 2L4
6.7
Humberside
Public280 Quebec Avenue, Toronto, Ontario, M6P 2V3
9.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.