298 South Kingsway N/A, Toronto W01

Price: $2,295,001

6 bedrooms, 5 bathrooms

2,000 - 2,499 sqft

Property Type: Multi-Family

MLS#: W13627332

Investment Opportunity of a Lifetime in Toronto's highly sought-after Swansea neighbourhood. This exceptional turnkey triplex features three beautifully renovated apartments, finished to the highest standard throughout. Enjoy premium upgrades including three separate HVAC systems, three custom kitchens with quartz countertops, and thoughtfully designed living spaces that reflect true craftsmanship. Offering over 3,000 sq. ft. of renovated living space, this property delivers excellent income potential with pride of ownership throughout. The third-floor unit also includes an additional ~700 sq. ft. of attic space, accessible from within-offering exciting possibilities for future development or expansion. Just steps to Bloor West Village, you'll have quick access to shops, restaurants, parks, and everyday conveniences. Transit and schools are only one block away, making this an ideal home and a strong investment.

298 South Kingsway N/A - Multi-Family photo 1 of 1 in High Park / Junction / Roncesvalles, Ontario
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$2,295,001 - 298 South Kingsway N/A, High Park

Multi-Family for Sale in High Park

Neighbourhood: High Park-Swansea

6Beds
5Baths
2,000 - 2,499Sq Ft
Multi-Family
Property Details
MLS Number
W13627332
Property Type
Multi-Family
Status
active
Days on Site
24
Bedrooms
6
Bathrooms
5
Square Feet
2,000 - 2,499 sqft
Neighbourhood
High Park / Junction / Roncesvalles
Listing Brokerage
INX LANDMARK REALTY
Description

Investment Opportunity of a Lifetime in Toronto's highly sought-after Swansea neighbourhood. This exceptional turnkey triplex features three beautifully renovated apartments, finished to the highest standard throughout. Enjoy premium upgrades including three separate HVAC systems, three custom kitchens with quartz countertops, and thoughtfully designed living spaces that reflect true craftsmanship. Offering over 3,000 sq. ft. of renovated living space, this property delivers excellent income potential with pride of ownership throughout. The third-floor unit also includes an additional ~700 sq. ft. of attic space, accessible from within-offering exciting possibilities for future development or expansion. Just steps to Bloor West Village, you'll have quick access to shops, restaurants, parks, and everyday conveniences. Transit and schools are only one block away, making this an ideal home and a strong investment.

Mortgage Calculator

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Estimated Payment

$10,151.56/mo

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5-yr fixed avg.

Principal: $1,836,001Interest: $1,209,468
Mortgage Amount$1,836,001
Total Interest$1,209,468
Est. Property Tax$1,626/mo
Total Cost$3,045,469

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

298 South Kingsway N/A, High Park / Junction / Roncesvalles

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,100/mo
Range: $3,485 - $4,715
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,100
Maintenance Fees-$0
Property Tax (est.)-$1,626
Insurance (est.)-$478
Net Cash Flow+$1,996

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 $1148/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.

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.

Bathroom Count Matters

With 5 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.

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 $9,563 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    298 South Kingsway N/A | $2,295,001 | Battaglia Team