2 Wright Avenue, Toronto W01

Price: $1,499,000

3 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Detached

MLS#: W13785044

Detached Solid Brick, 2 Story 4 Bedroom Century home that embodies both character and modern living. Rare Private Drive with parking for Two Cars. Great Multi Family or Income possibilities with Second Kitchen in Fourth Bedroom, and Separate Entrance to High & Dry Basement with Full Bath. New Roof & Tuckpointing 2025, Updated Wiring & 100 Amp Panel, Professionally Landscaped, Fully Fenced, Private Yard & Freshly Painted throughout. As you step inside this delightful residence, you are greeted by an inviting atmosphere that exudes Historic Charm with Original Pocket Doors, Wood Burning Fireplace, Wood Floors, Original Stained Glass and Oversized Trim. The layout is perfect for those who appreciate open spaces while still enjoying distinct areas for various activities. Natural light floods the interior highlighting the beautiful architectural details that make this home so special. Known for its Vibrant Community Spirit, this neighbourhood boasts an array of Amenities including Shops, Artisanal Cafes & Bakeries, Large Parks, Splash pad, and a Fantastic weekly Farmers Market, all just steps away. Conveniently located near public transportation, and the Highly desirable Fern Jr & Sr Public School is just up the street. With its classic architecture, along with access to a thriving community, 2 Wright Ave presents an exceptional opportunity for anyone looking to immerse themselves, or raise a family in one of Toronto's most Vibrant West End neighbourhoods.

2 Wright Avenue - Detached photo 1 of 38 in High Park / Junction / Roncesvalles, Ontario
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active

$1,499,000 - 2 Wright Avenue, High Park

Detached for Sale in High Park

Neighbourhood: Roncesvalles

3Beds
2Baths
1,100 - 1,499Sq Ft
Detached

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Property Details
MLS Number
W13785044
Property Type
Detached
Status
active
Days on Site
22
Bedrooms
3
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
High Park / Junction / Roncesvalles
Taxes (2026)
$5,248
Listing Brokerage
ROYAL LEPAGE TERREQUITY REALTY
Description

Detached Solid Brick, 2 Story 4 Bedroom Century home that embodies both character and modern living. Rare Private Drive with parking for Two Cars. Great Multi Family or Income possibilities with Second Kitchen in Fourth Bedroom, and Separate Entrance to High & Dry Basement with Full Bath. New Roof & Tuckpointing 2025, Updated Wiring & 100 Amp Panel, Professionally Landscaped, Fully Fenced, Private Yard & Freshly Painted throughout. As you step inside this delightful residence, you are greeted by an inviting atmosphere that exudes Historic Charm with Original Pocket Doors, Wood Burning Fireplace, Wood Floors, Original Stained Glass and Oversized Trim. The layout is perfect for those who appreciate open spaces while still enjoying distinct areas for various activities. Natural light floods the interior highlighting the beautiful architectural details that make this home so special. Known for its Vibrant Community Spirit, this neighbourhood boasts an array of Amenities including Shops, Artisanal Cafes & Bakeries, Large Parks, Splash pad, and a Fantastic weekly Farmers Market, all just steps away. Conveniently located near public transportation, and the Highly desirable Fern Jr & Sr Public School is just up the street. With its classic architecture, along with access to a thriving community, 2 Wright Ave presents an exceptional opportunity for anyone looking to immerse themselves, or raise a family in one of Toronto's most Vibrant West End neighbourhoods.

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Estimated Payment

$6,630.58/mo

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5-yr fixed avg.

Principal: $1,199,200Interest: $789,975
Mortgage Amount$1,199,200
Total Interest$789,975
Est. Property Tax$1,062/mo
Total Cost$1,989,175

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: Roncesvalles

Discover Roncesvalles

Roncesvalles 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 Roncesvalles

  • •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

Roncesvalles 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

2 Wright Avenue, High Park / Junction / Roncesvalles

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$1,062
Insurance (est.)-$312
Net Cash Flow+$1,426

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

Premium Pricing

At $1363/sqft, this property is priced above the High Park average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 22 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

About Roncesvalles

I know Roncesvalles 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 $6,246 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    2 Wright Avenue | $1,499,000 | Battaglia Team