132 Close Avenue, Toronto W01

Price: $899,000

5 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: W14029124

Explore the possibilities in South Parkdale with this charming three-story semi, featuring a solid brick façade, excellent curb appeal and a deep 141-foot lot with a spacious, beautifully landscaped backyard. Currently arranged as two self-contained units with separate entrances, the property offers flexibility for multigenerational living, rental income or the potential to reimagine it as a grand single-family home. The main floor suite features one bedroom, a living room, a kitchen and a walkout to the backyard. The upper suite spans the second and third floors, offering three bedrooms, a living room, its own kitchen and CN Tower views from both levels. Generous room dimensions, wide hallways and staircases, and two interior staircases add to the home's distinctive appeal. Additional highlights include a newer roof and windows, along with a basement offering good ceiling height and a separate entrance. An exciting opportunity to update and personalize a spacious home in an established Toronto neighbourhood, close to the waterfront, parks, schools, transit and local shops.

132 Close Avenue - Semi-Detached photo 1 of 31 in High Park / Junction / Roncesvalles, Ontario
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$899,000 - 132 Close Avenue, High Park

Semi-Detached for Sale in High Park

Popular Listing

Neighbourhood: South Parkdale

5Beds
2Baths
1,500 - 1,999Sq Ft
Semi-Detached

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Property Details
MLS Number
W14029124
Property Type
Semi-Detached
Status
active
Days on Site
10
Bedrooms
5
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
High Park / Junction / Roncesvalles
Taxes (2026)
$6,584
Listing Brokerage
Royal LePage Real Estate Associates
Description

Explore the possibilities in South Parkdale with this charming three-story semi, featuring a solid brick façade, excellent curb appeal and a deep 141-foot lot with a spacious, beautifully landscaped backyard. Currently arranged as two self-contained units with separate entrances, the property offers flexibility for multigenerational living, rental income or the potential to reimagine it as a grand single-family home. The main floor suite features one bedroom, a living room, a kitchen and a walkout to the backyard. The upper suite spans the second and third floors, offering three bedrooms, a living room, its own kitchen and CN Tower views from both levels. Generous room dimensions, wide hallways and staircases, and two interior staircases add to the home's distinctive appeal. Additional highlights include a newer roof and windows, along with a basement offering good ceiling height and a separate entrance. An exciting opportunity to update and personalize a spacious home in an established Toronto neighbourhood, close to the waterfront, parks, schools, transit and local shops.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,612.34/mo

Includes CMHC insurance ($25,082)

$
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5%10%50%

5-yr fixed avg.

Principal: $809,100Interest: $549,519
Mortgage Amount$834,182
Total Interest$549,519
Est. Property Tax$637/mo
Total Cost$1,383,701

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: South Parkdale

Discover South Parkdale

South Parkdale 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 South Parkdale

  • •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

South Parkdale 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

132 Close Avenue, High Park / Junction / Roncesvalles

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,600/mo
Range: $3,060 - $4,140
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,600
Maintenance Fees-$0
Property Tax (est.)-$637
Insurance (est.)-$187
Net Cash Flow+$2,776

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

Competitive Pricing

At $599/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Detached Home Advantages

Detached homes in High Park are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in High Park.

About South Parkdale

I know South Parkdale well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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 $3,746 (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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    132 Close Avenue | $899,000 | Battaglia Team