115 Parkside Drive

Swansea, Toronto

115 Parkside Drive, Swansea, Toronto

$2,499,000

Bedrooms: 4

Bathrooms: 5

Living Area: 2,500 sqft

Price Per Sqft: $999.60

About this Detached

in Swansea, Toronto

Welcome to a stately 1911 High Park residence set on an exceptional 50 x 175 ft lot. This rare, estate-sized property offers a private backyard oasis, extraordinary depth, and parking for up to 12 vehicles via a wide paved driveway - a near-impossible find in the city. A grand early-century character home nestled in a park-like setting with mature trees and serene views, this is one of High Park's most compelling offerings. Currently configured as multiple apartments, the property presents outstanding flexibility. Options include maintaining the existing layout, redeveloping into a 6-9 unit multiplex (subject to approvals), adding a garden suite or ADU, or restoring it to a magnificent single-family residence. With its generous footprint, stately façade, and classic 1911 architectural details, the upside is exceptional. The basement was updated approximately 40 years ago, featuring higher ceilings, larger windows, and three separate entrances, offering strong potential for additional units or flexible use. The roof was replaced approximately 5 years ago at a cost of $54,000. Ideal for builders, developers, investors, or end-users seeking multi-generational living or significant rental upside in a neighbourhood where demand consistently exceeds supply. Prime Parkside location with direct access to High Park's trails, gardens, sports facilities, and the lakefront. Steps to TTC, minutes to Roncesvalles Village, and close to top-rated schools. Being sold as-is, where-is.

Listed by REMAX CONNECT REALTY.

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LAND TRANSFER TAX CALCULATOR

Purchase Price  
First-Time Home Buyer
Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities

MORTGAGE CALCULATOR

     
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* This material is for informational purposes only.

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