188-190 Westminster Avenue, Toronto W01

Price: $3,950,000

7 bedrooms, 7 bathrooms

3,500 - 3,999 sqft

Property Type: Multi-Family

MLS#: W13758820

Welcome to luxury legal duplex at 188 & 190 Westminster Avenue, ideally located in High Park-Swansea, directly across from access to beautiful High Park. Conveniently located close to the shops, restaurants, cafés, excellent schools, the lake, downtown Toronto, subway, Gardiner Expressway, QEW and Lakeshore Boulevard. Completely rebuilt in 2019 with high-quality construction and luxury finishes. Both units feature rift-cut oak hardwood floors, custom solid-wood doors, pot lights throughout, custom-built kitchens with quartz countertops and backsplash, center islands, built-in cabinetry, and high-end Wolf and Sub-Zero appliances. Spray foam insulation and enhanced soundproofing provide added comfort and privacy.188 Westminster Avenue features a private entrance on the main floor and extends across the second and third floors, offering 3 bedrooms plus a den. A private elevator serves the main unit. The luxurious primary bedroom features a custom-made closet and 5-piece ensuite. The den features: French doors, a high ceiling, large window. The third floor offers 2 bright bedrooms, a separate laundry room, skylights, and access to two private terraces, front and rear, with a BBQ.190 Westminster Avenue offers a bright main-floor unit with 2 bedrooms and 2 washrooms, an open-concept living and dining area with a walkout to the deck. The primary bedroom features a custom-made closet and 4-piece ensuite. The finished basement guest suite offers 2 additional bedrooms, 2 washrooms, a recreation area and ductless air conditioning .Additional features include heated floors, three separate laundry areas, a two-car garage, private fenced backyard, rear patio with BBQ, outdoor seating areas with fire pit, separate hydro and gas meters, tankless water heaters and independent air-circulation systems. A rare opportunity to own a completely rebuilt luxury legal duplex with exceptional indoor and outdoor living spaces.

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active

$3,950,000 - 188-190 Westminster Avenue, High Park

Multi-Family for Sale in High Park

Neighbourhood: High Park-Swansea

7Beds
7Baths
3,500 - 3,999Sq Ft
Multi-Family

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Property Details
MLS Number
W13758820
Property Type
Multi-Family
Status
active
Days on Site
28
Bedrooms
7
Bathrooms
7
Square Feet
3,500 - 3,999 sqft
Neighbourhood
High Park / Junction / Roncesvalles
Taxes (2026)
$15,799
Listing Brokerage
THE DIAMOND REALTY INC.
Description

Welcome to luxury legal duplex at 188 & 190 Westminster Avenue, ideally located in High Park-Swansea, directly across from access to beautiful High Park. Conveniently located close to the shops, restaurants, cafés, excellent schools, the lake, downtown Toronto, subway, Gardiner Expressway, QEW and Lakeshore Boulevard. Completely rebuilt in 2019 with high-quality construction and luxury finishes. Both units feature rift-cut oak hardwood floors, custom solid-wood doors, pot lights throughout, custom-built kitchens with quartz countertops and backsplash, center islands, built-in cabinetry, and high-end Wolf and Sub-Zero appliances. Spray foam insulation and enhanced soundproofing provide added comfort and privacy.188 Westminster Avenue features a private entrance on the main floor and extends across the second and third floors, offering 3 bedrooms plus a den. A private elevator serves the main unit. The luxurious primary bedroom features a custom-made closet and 5-piece ensuite. The den features: French doors, a high ceiling, large window. The third floor offers 2 bright bedrooms, a separate laundry room, skylights, and access to two private terraces, front and rear, with a BBQ.190 Westminster Avenue offers a bright main-floor unit with 2 bedrooms and 2 washrooms, an open-concept living and dining area with a walkout to the deck. The primary bedroom features a custom-made closet and 4-piece ensuite. The finished basement guest suite offers 2 additional bedrooms, 2 washrooms, a recreation area and ductless air conditioning .Additional features include heated floors, three separate laundry areas, a two-car garage, private fenced backyard, rear patio with BBQ, outdoor seating areas with fire pit, separate hydro and gas meters, tankless water heaters and independent air-circulation systems. A rare opportunity to own a completely rebuilt luxury legal duplex with exceptional indoor and outdoor living spaces.

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Estimated Payment

$17,472.18/mo

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5-yr fixed avg.

Principal: $3,160,000Interest: $2,081,655
Mortgage Amount$3,160,000
Total Interest$2,081,655
Est. Property Tax$2,798/mo
Total Cost$5,241,655

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: High Park-Swansea

Discover High Park-Swansea

High Park-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 High Park-Swansea

  • •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

High Park-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.

70
Walk Score
Varies
Price Range

188-190 Westminster Avenue, High Park / Junction / Roncesvalles

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,250/mo
Range: $4,463 - $6,037
Cap Rate (ROI)
0.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,250
Maintenance Fees-$0
Property Tax (est.)-$2,798
Insurance (est.)-$823
Net Cash Flow+$1,629

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

Fair Market Value

At $1129/sqft, this property is priced in line with current High Park 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.

Market Position

At 28 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Larger Home Realities

At 3,500 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.

Excellent Flexibility

With 7 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.

Bathroom Count Matters

With 7 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.

About High Park-Swansea

I know High Park-Swansea 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.

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    188-190 Westminster Avenue | $3,950,000 | Battaglia Team