328 High Park Avenue, Toronto W02

Price: $1,999,999

7 bedrooms, 5 bathrooms

3,000 - 3,499 sqft

Property Type: Multi-Family

MLS#: W13652020

The One and Only High Park Avenue is Calling. Exceptional Opportunity to Own a Fabulous Income Generating Property in the Heart of the Junction. Stroll down To the Iconic High Park Grounds, Shop and Sip Wonderful Cocktails and Fine Dining at your Doorstep. We offer 3 Self-Contained Units, all Within a Massive 3000 Square Foot Plus Home, Situated on a Huge 29 By 200 Foot Lot With A Detached 2 Car Garage and Parking for 5. With 2 Three Bedroom Suites and 1 One Bedroom Suite, You can Truly Live the Life You Wish. Want More? How About A Potential 4th Suite in the Basement with Private Entrance! Currently Generating $7925 / Month With Options For More. All The Best of this Bloor West Junction Neighbourhood Awaits and The Time For A Change is Now.

328 High Park Avenue - Multi-Family photo 1 of 21 in Bloor West Village / Swansea, Ontario
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$1,999,999 - 328 High Park Avenue, Bloor West Village

Multi-Family for Sale in Bloor West Village

Neighbourhood: Junction Area

7Beds
5Baths
3,000 - 3,499Sq Ft
Multi-Family
Property Details
MLS Number
W13652020
Property Type
Multi-Family
Status
active
Days on Site
16
Bedrooms
7
Bathrooms
5
Square Feet
3,000 - 3,499 sqft
Neighbourhood
Bloor West Village / Swansea
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

The One and Only High Park Avenue is Calling. Exceptional Opportunity to Own a Fabulous Income Generating Property in the Heart of the Junction. Stroll down To the Iconic High Park Grounds, Shop and Sip Wonderful Cocktails and Fine Dining at your Doorstep. We offer 3 Self-Contained Units, all Within a Massive 3000 Square Foot Plus Home, Situated on a Huge 29 By 200 Foot Lot With A Detached 2 Car Garage and Parking for 5. With 2 Three Bedroom Suites and 1 One Bedroom Suite, You can Truly Live the Life You Wish. Want More? How About A Potential 4th Suite in the Basement with Private Entrance! Currently Generating $7925 / Month With Options For More. All The Best of this Bloor West Junction Neighbourhood Awaits and The Time For A Change is Now.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,846.67/mo

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5-yr fixed avg.

Principal: $1,599,999Interest: $1,054,002
Mortgage Amount$1,599,999
Total Interest$1,054,002
Est. Property Tax$1,417/mo
Total Cost$2,654,001

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: Junction Area

Discover Junction Area

Junction Area 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 Junction Area

  • Convenient location in Bloor West Village / Swansea
  • 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

Junction Area 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

328 High Park Avenue, Bloor West Village / Swansea

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$5,000/mo
Range: $4,250 - $5,750
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$5,000
Maintenance Fees-$0
Property Tax (est.)-$1,417
Insurance (est.)-$417
Net Cash Flow+$3,166

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

Competitive Pricing

At $667/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Market Position

At 16 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 3,000 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 Bloor West Village.

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 Junction Area

I know Junction Area 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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    328 High Park Avenue | $1,999,999 | Battaglia Team