$1,798,000 - 162 Medland Street, Bloor West Village
Detached for Sale in Bloor West Village
84 days on market- MLS Number
- W12993616
- Property Type
- Detached
- Status
- active
- Days on Site
- 84
- Bedrooms
- 6
- Bathrooms
- 3
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Bloor West Village / Swansea
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rare Junction Gem with 2700sf of refined living space. This five-bedroom detached home with a newly finished one-bedroom basement suite (separate entrance) is an increasingly uncommon offering in this neighbourhood. Located south of Annette Street, just steps to the highly sought-after Junction area and close to High Park, this beautiful family home offers exceptional space, thoughtful updates, and a prime Toronto location.The renovated main floor is bright and welcoming, ideal for both everyday living and entertaining, with high ceilings, wide plank hardwood floors, and original architectural details. A spacious living and dining area flows into a modern kitchen featuring an induction cooktop and built-in appliances. At the rear, a versatile den or office overlooks the garden and walks out to a private deck. A convenient main floor powder room completes the space.The second level includes three well-proportioned bedrooms, a full four-piece bathroom, a dedicated laundry room and access to a rooftop deck. The third floor offers two additional bedrooms or office/studio use.The lower level features a separate side entrance, kitchenette, bedroom, and recreation space-ideal for extended family, guests, or additional living flexibility, with excellent income potential.Located in a top-tier school district including Annette Street Public School, St. Cecilia Catholic School, and Humberside Collegiate Institute. Embrace a truly walkable urban lifestyle. Whether you're strolling to High Park, exploring the Junction's independent shops and restaurants, everything you need is just minutes from your front door. For longer journeys, enjoy quick access to major highways or use the UP Express and TTC for a seamless, stress-free commute to the downtown core.
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Estimated Payment
$7,953.16/mo
5-yr fixed avg.
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.
Discover Bloor West Village / Swansea
Bloor West Village / Swansea 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 Bloor West Village / Swansea
- •Convenient location in Bloor West Village / Swansea
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
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
Bloor West Village / Swansea 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.
162 Medland Street, Bloor West Village / Swansea
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $899/sqft, this property is priced in line with current Bloor West Village market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 84 days on site, this property has exceeded the typical selling timeline for Bloor West Village. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
Detached Home Advantages
Detached homes in Bloor West Village 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 6 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 Bloor West Village.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
Investment Perspective
Looking at this as an investment: Bloor West Village properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $7,492 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.