$2,199,000 - 246 Ellis Avenue, High Park
Detached for Sale in High Park
Neighbourhood: High Park-Swansea
- MLS Number
- W13622026
- Property Type
- Detached
- Status
- active
- Days on Site
- 24
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- High Park / Junction / Roncesvalles
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Welcome to 246 Ellis Avenue, a rare opportunity in the heart of the highly sought-after High Park/Swansea neighbourhood. Backing directly onto Rennie Park with no rear neighbours, this exceptional home offers unmatched privacy, tranquil park views, and an incredible connection to nature.The beautifully updated main floor is designed for both everyday living and entertaining, featuring expansive picture windows that showcase the picturesque park setting, a spacious living and dining area, and a large breakfast area overlooking the private backyard. The renovated kitchen is equipped with stainless steel appliances, a gas stove, and ample workspace. Step outside to a private main floor deck and enjoy the peaceful backyard complete with a custom wood-burning oven, creating the perfect setting for outdoor dining and entertaining.The versatile lower level offers endless possibilities and features radiant heated concrete floors for exceptional year-round comfort. Configure the space as a 2-bedroom, 2-bathroom apartment, a 1-bedroom suite, a studio apartment, or a home office/workspace. Two separate laundry areas provide added convenience and flexibility for multi-generational living or income potential. Prefer a single-family home? The seller is willing to reopen the interior stairway, allowing the entire home to function as one seamless living space. A finished attic provides valuable bonus space, ideal for additional storage, a children's playroom, reading nook, or creative retreat. Detached garage plus parking for two additional vehicles on the private driveway provides three total parking spaces-an exceptional feature in neighbourhood. Ideally located just steps to High Park, Bloor West Village, excellent schools, transit, shops, restaurants, and all the amenities that make this one of Toronto's most desirable communities.
Estimate your monthly payments for this property
Estimated Payment
$9,726.92/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.
246 Ellis Avenue, High Park / Junction / Roncesvalles
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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
Premium Pricing
At $1999/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 24 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 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.
Bathroom Count Matters
With 4 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.