$1,999,000 - 2 Larkin Avenue, High Park
Detached for Sale in High Park
35 days on marketNeighbourhood: High Park-Swansea
- MLS Number
- W13230060
- Property Type
- Detached
- Status
- active
- Days on Site
- 35
- Bedrooms
- 6
- Bathrooms
- 2
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- High Park / Junction / Roncesvalles
- Listing Brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Attention first-time buyers, investors and downsizers. You have just found what you've been looking for! A beautifully appointed Duplex - 2 Family Home with development potential. Why this home is perfect: I N C O M E - G E N E R A T I N G or co-ownership opportunity - it's like two spacious bungalows, one stacked upon the other. Live in one completely separate and private 3-bedroom flat, and collect $3300* per month from the other. That's an extra $39,600 per year to help pay off your mortgage or buy it with a family member or friend. C O N V E N I E N T - mere steps to Bloor St. subway, shops, restaurants, green grocers and medical practitioners. You can walk to everything you need. Or easily zip down to the QEW and Lakeshore, or Gardiner Expwy for downtown. R E N O V A T E D - and ready to move in! New bright kitchens and white bathrooms. Updated wiring, windows, and plumbing. S O P H I S T I C A T E D E L E G A N C E - no boring box house here! Peak around the Bonsai-inspired privacy shrubs and you'll see an architecturally significant front entrance. Appreciate the old-world charm and workmanship of authentic wood wainscotting, inlaid hardwood floors, and wood trim, all lovingly preserved. Enjoy other special features in the kitchen like the cozy vibe of the banquette breakfast nook, separate pantry and built-in spice cupboard. P R I M E L O C A T I O N - in the highly sought-after and coveted family-oriented neighbourhood of Swansea-Bloor West Village, with top-rated schools. You also get private parking, a double drive and a double garage - a rarity in this urban setting; a high and dry basement with a separate entrance, and you can look into Garden Suite potential.
Estimate your monthly payments for this property
Estimated Payment
$8,842.25/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 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
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.
2 Larkin Avenue, High Park / Junction / Roncesvalles
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Rental income estimator & ROI calculator
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 $1000/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 35 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.
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 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 High Park.
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.
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 $8,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.