$4,795,000

Detached

178 High Park Avenue, Toronto, ON

9 DAYS
9+1
6
4
3500-5000
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Listed by REMAX CONNECT REALTY

Property Highlights

Garage

4 spaces

Property Tax

$12,661/yr

Age

100+ yrs

Lot Size

11,000 sqft

Style

3-Storey

Basement

Apartment, Finished

Monthly Cost

$21,303/mo

About This Home

Want to own a piece of Toronto history? This High Park Avenue Masterpiece is your once-in-a-lifetime opportunity. Spectacular, meticulously renovated/restored late 1800s Queen Anne Victorian mansion on an oversized 55 x 200-foot lot with nearly 6500 sqft of finished space! This magnificent High Park home has been divided into six separate luxury suites, each having been thoughtfully and expertly designed. This stately property is perfect for investors, multi-family living, or both. The main-level owner's suite spans over 1,600 square feet and is straight out of a magazine with four family-sized bedrooms, a designer kitchen with wood-finished cabinetry, quartzite countertops, and high-end appliances. The above-grade units feature a medley of exceptional features including soaring ceiling heights, herringbone hardwood floors, Parisian-inspired wall panels, stunning crown mouldings, a striking winding staircase adorned with William Morris wallpaper, arches, and three exquisite period fireplaces mantels and inserts. The basement features two lofty units with high ceilings, above-grade windows, and gorgeous exposed flagstone walls. A massive 4-car garage and huge front and rear gardens boasting ample parking and outdoor space. This location is unmatched with High Park Station on TTC Line 2 and Toronto's most famous park and this street's namesake High Park both only one block away. Not to mention countless restaurants, bars, & shops along Bloor St. W. & in the nearby Junction within walking distance. Your opportunity to acquire this four bedroom owner's suite with 5 fully-rented apartments and AAA tenants. Current rents including owner's suite at a projected $240k gross annually. Property currently being sold at approx 4.5% cap rate. Impressive upside development opportunity. Must see to appreciate! Truly a RARE OFFERING!

Monthly Cost

Monthly Mortgage$20,248
Property Tax ($12,661/yr)$1,055
Total$21,303

Price & Listing History

Schools

Location

Tap to view full map

Rooms

Ground Level

Bedroom 2: 3.62m × 3.70m
Bedroom 4: 2.37m × 3.25m
Primary Bedroom: 3.96m × 6.03m
Bedroom 3: 4.11m × 2.15m
Living Room: 4.50m × 4.09m
Kitchen: 2.60m × 5.05m
Dining Room: 2.25m × 4.09m

Second Level

Bedroom: 3.52m × 3.38m
Living Room: 4.11m × 5.46m
Den: 1.48m × 1.66m
Kitchen: 4.11m × 2.56m
Kitchen: 3.04m × 4.09m
Living Room: 5.65m × 4.17m
Bedroom: 3.79m × 3.53m

Third Level

Kitchen: 2.26m × 4.29m
Bedroom: 4.10m × 3.45m
Living Room: 3.42m × 6.29m
Primary Bedroom: 3.12m × 3.66m
Dining Room: 3.60m × 3.57m
Bedroom: 2.86m × 3.66m

Listing Presented By

iryna.tarabanovska@cirealty.com
CiRealty, Brokerage

CiRealty, Brokerage