$839,000 - 383 Sorauren Avenue Unit 317, High Park
Condo for Sale in High Park
New — Listed yesterdayNeighbourhood: Roncesvalles
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- MLS Number
- W13866192
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- High Park / Junction / Roncesvalles
- Taxes (2025)
- $3,695
- Maintenance Fees
- $738/mo
- Locker
- Owned
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
When it comes to community, Roncesvalles is the definition of neighbourhood cohesion. Roncy remains one of the strongest markets in all of Toronto. There's good reason for that: Roncy has the ultimate blend of family, community, arts, style, and culinary taste. It's no wonder homes are always in demand! This wonderful 1+den presents more like a 2-bedroom at 860 square feet! Great style, function, usability, and an incredibly inviting space. A centre island for entertaining and dining, and a spacious balcony to enjoy sunrises. The primary has a three-piece ensuite. Guests can enjoy the 4-piece bath as well. One of the earliest hard loft conversions was Robert Watson Lofts. It became a central presence for the neighbourhood. When one builds 383 Sorauren next door, you know you need to do an excellent job, blending style and aesthetics in a boutique form. That's exactly what happened with 383 Sorauren. It's an excellent building that brings community together with fantastic amenities. Masterfully designed by Peter Clewes of architectsAlliance. As Torontonians, we all call for more thoughtful designs like this Gairloch Developments beauty. Sorauren Park offers a farmer's market, pumpkin parade, skating, dog park, and community events. Stroll a little further west, and you have High Park for a bit of Shakespeare in the Park and year-round enjoyment. There's easy access to the highway, as well as the UP Express and the TTC.
Estimate your monthly payments for this property
Estimated Payment
$4,304.50/mo
Includes CMHC insurance ($23,408)
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 317, 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
Fair Market Value
At $1049/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.
Just Listed - Act Strategically
This property hit the market within the last week. In High Park's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 $738/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 800 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 $3,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.