88 Cowan Avenue, Toronto W01

Price: $1,789,000

7 bedrooms, 6 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: W13863736

Detached investment property on sought-after Cowan Avenue in South Parkdale, situated on a deep 150 ft lot. Deep lot allows for parking and a private backyard. Currently set up with 5 oversized units. Well maintained with many improvements completed over the years. Great location close to Queen West, Liberty Village, Exhibition Place, the waterfront, transit, shops and restaurants. Easy access to downtown and the Gardiner. Financials available. AAA Tenants!

88 Cowan Avenue - Detached photo 1 of 29 in High Park / Junction / Roncesvalles, Ontario
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New Listing
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$1,789,000 - 88 Cowan Avenue, High Park

Detached for Sale in High Park

New — Listed 2 days ago

Neighbourhood: South Parkdale

7Beds
6Baths
2,500 - 2,999Sq Ft
Detached

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Property Details
MLS Number
W13863736
Property Type
Detached
Status
active
Days on Site
2
Bedrooms
7
Bathrooms
6
Square Feet
2,500 - 2,999 sqft
Neighbourhood
High Park / Junction / Roncesvalles
Taxes (2025)
$9,276
Listing Brokerage
GILBERT REALTY INC.
Description

Detached investment property on sought-after Cowan Avenue in South Parkdale, situated on a deep 150 ft lot. Deep lot allows for parking and a private backyard. Currently set up with 5 oversized units. Well maintained with many improvements completed over the years. Great location close to Queen West, Liberty Village, Exhibition Place, the waterfront, transit, shops and restaurants. Easy access to downtown and the Gardiner. Financials available. AAA Tenants!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,913.35/mo

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5-yr fixed avg.

Principal: $1,431,200Interest: $942,805
Mortgage Amount$1,431,200
Total Interest$942,805
Est. Property Tax$1,267/mo
Total Cost$2,374,005

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: South Parkdale

Discover South Parkdale

South Parkdale 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 South Parkdale

  • •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

South Parkdale 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

88 Cowan Avenue, High Park / Junction / Roncesvalles

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,750/mo
Range: $4,038 - $5,463
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,750
Maintenance Fees-$0
Property Tax (est.)-$1,267
Insurance (est.)-$373
Net Cash Flow+$3,110

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 $716/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.

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.

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 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 High Park.

Bathroom Count Matters

With 6 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 South Parkdale

I know South Parkdale 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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    88 Cowan Avenue | $1,789,000 | Battaglia Team