181 Parkside Drive, Toronto, ON
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Property Highlights
Welcome to this remarkable 3-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 $1,595,000 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.
- 6 Bedrooms and 4 Bathrooms with 3 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 28.48 x 102.75 ft lot
- Features a apartment, finished basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available with a convenient detached configuration
- Notable attributes: Primary Bedroom - Main Floor
- equipped with window unit(s) central cooling and highly efficient water heating via gas
Description
Exceptional Investment Opportunity Overlooking High Park. This rare, detached 3-storey multi-unit property offers four self-contained units in one of Toronto's most coveted neighborhood's. The current configuration includes two spacious two-bedroom units and two well-appointed one-bedroom units, providing strong and flexible rental income with an attractive 4.25% cap rate. Set directly across from High Park, the property boasts unobstructed park views and is just minutes to the subway, making it highly desirable for tenants and end users alike. A detached two-car garage with an additional parking space adds exceptional value, along with potential for a garden suite (buyer to verify), further enhancing future upside. Ideal for investors, end users, or multi-generational living, the property offers the option to live in one unit while renting out the others, or the potential to convert back to a stunning single-family residence. A truly versatile asset in a premier location, surrounded by green space, transit, and urban conveniences.
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Primary Bedroom - Main Floor
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 181 Parkside Drive, Toronto W01, ON M6R 2Y9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,595,000 in Toronto, the legal minimum down payment is $319,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $28,375 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $28,375 also applies, bringing the total estimated land transfer taxes to $56,750.
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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.
