$559,000 - 383 Sorauren Avenue Unit 313, High Park
Condo for Sale in High Park
Neighbourhood: Roncesvalles
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- MLS Number
- W13769932
- Property Type
- Condo
- Status
- active
- Days on Site
- 27
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- High Park / Junction / Roncesvalles
- Taxes (2025)
- $2,473
- Maintenance Fees
- $506/mo
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Thoughtfully designed 1-bedroom + study in one of Roncesvalles' most admired boutique buildings. With 638 sqft ofintelligently used space, this suite delivers the kind of functionality that's surprisingly hard to find. The open-concept living, dining, and kitchenarea is designed for real life, not just photos. A multi-purpose island anchors the space with built-in storage, a recessed microwave, dedicatedmeal-prep space, and an integrated wood dining table that comfortably seats four. Sleek push-to-open cabinetry, open wood shelving,stainless steel backsplash details, and premium built-in appliances give the kitchen a polished, modern edge. The bedroom easilyaccommodates a king-sized bed plus additional furniture - a rarity in today's condo market - and features sliding privacy doors that can opento the living space or create a more secluded retreat. A 3-piece Jack & Jill ensuite, generous closet space, smart storage solutions throughout,and a large separate owned locker make everyday living eortless. Step outside to your 69 sqft north-facing balcony, finished with wood decktiles and synthetic grass, creating a surprisingly inviting outdoor extension of the home. Residents enjoy concierge service, a fully equippedgym, party room, community BBQ area, bike storage, and visitor parking. Set in the heart of Roncesvalles Village, you're surrounded byindependent shops, cafes, restaurants, grocery options, excellent TTC access, and some of Toronto's best green space - all just steps fromyour front door.
Estimate your monthly payments for this property
Estimated Payment
$2,867.96/mo
Includes CMHC insurance ($15,596)
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 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
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.
383 Sorauren Avenue Unit 313, 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 $932/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 27 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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $506/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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 $2,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.