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$5,295,000
Available - For Sale
Listing ID: W12519354
Want to own a piece of Toronto history? This High Park Avenue Masterpiece is your once-in-a-lifetime opportunity. Spectacular, meticulously renovated/restored late 1800s Queen Anne Victorian mansion on an oversized 55 x 200-foot lot with nearly 6500 sqft of finished space! This magnificent High Park home has been divided into six separate luxury suites, each having been thoughtfully and expertly designed. This stately property is perfect for investors, multi-family living, or both. The main-level owner's suite spans over 1,600 square feet and is straight out of a magazine with four family-sized bedrooms, a designer kitchen with wood-finished cabinetry, quartzite countertops, and high-end appliances. The above-grade units feature a medley of exceptional features including soaring ceiling heights, herringbone hardwood floors, Parisian-inspired wall panels, stunning crown mouldings, a striking winding staircase adorned with William Morris wallpaper, arches, and three exquisite period fireplaces mantels and inserts. The basement features two lofty units with high ceilings, above-grade windows, and gorgeous exposed flagstone walls. A massive 4-car garage and huge front and rear gardens boasting ample parking and outdoor space. This location is unmatched with High Park Station on TTC Line 2 and Toronto's most famous park and this street's namesake High Park both only one block away. Not to mention countless restaurants, bars, & shops along Bloor St. W. & in the nearby Junction within walking distance. Your opportunity to acquire this four bedroom owner's suite with 5 fully-rented apartments and AAA tenants. Current rents including owner's suite at a projected $240k gross annually. Property currently being sold at a 4% cap rate. Speak to listing Brokers re: income and expenses, survey and laneway house report. Impressive upside development opportunity. Must see to appreciate! Truly a RARE OFFERING!
Price $5,295,000
Taxes: $12,661.12
Tax Type: Annual
Assessment Year: 2025
Occupancy by: Owner+T
Address: 178 High Park Avenue , Toronto, M6P 2S4, Toronto
Postal Code: M6P 2S4
Province/State: Toronto
Legal Description: Plan 553 Blk 6 Pt Lot 19 Pt Lot 20
Directions/Cross Streets: High Park Ave. & Bloor St. W.
No. of Pieces Level
Washroom 1:  0
Washroom 2:  0
Washroom 3:  0
Washroom 4:  0
Washroom 5:  0
Washroom 6:  0
Washroom 7:  0
Washroom 8:  0
Washroom 9:  0
Washroom 10:  0
Category: Apartment
Use: Apts - 6 To 12 Units
Building Percentage: T
Total Area: 6,487
Total Area Code:  Square Feet
Approximatly Age: 100+
Maintenance: 0
Heat Type: Radiant
Central Air Conditioning: Yes
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ROYAL LEPAGE CONNECT REALTY

178 High Park Avenue , Toronto, M6P 2S4, Toronto

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Maria Tompson
Sales Representative
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416-548-7854
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416-548-7854
Fax:
416-981-7184

 
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Type: Com - Investment
Area: Toronto
Municipality: Toronto W02
Neighbourhood: High Park North
Style:
Lot Size: x 200.00(Feet)
Approximate Age: 100+
Tax: $12,661.12
Maintenance Fee: $0
Beds: 0
Baths: 0
Garage: 0
Fireplace: N
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Personal Pic Maria Tompson Sales Representative Your Company Name, Brokerage Independently owned and operated. pic Cell: 416-548-7854 | Office: 416-548-7854
Personal Picture
Maria Tompson
Sales Representative
Your Company Name, Brokerage
Independently owned and operated.
sales@bestforagents.com

 

 

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