189 Parkside Drive, Toronto, ON

High Park-Swansea, Toronto · MLS® W12970002

$1,999,000
For Sale
Listed 194 days agoNo offer date statedSitting longer than typical
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5+1Bedrooms
4Bathrooms
4Parking
2500-3000Sq ft

About this home

W O W !!! Heart Of High Park **** Legal Non Conforming 4 Unit Investment Property Overlooks High Park ** Private Drive With Parking In Rear *** Hardwood Floors *** Great Income ** Extras:4 Fridges, 4 Stoves, 1 Coin-Op Washer And Dryer, All Electrical Light Fixtures * Parking For 4 Cars *

Key facts

Property type
Other, 2 1/2 Storey
MLS®
W12970002
Bedrooms
5+1 (6 total)
Bathrooms
4
Size
2500-3000 sq ft
Lot
35 × 125 ft
Cross streets
Parkside/Highpark
Parking
4 parking
Driveway
Private
Basement
Finished, Separate Entrance
Kitchens
4 (3 + 1)
Heating
Radiant
A/C
None
Exterior
Brick
Foundation
Unknown
Roof
Flat, Shingles
Sewer
Sewer
Property tax
$10,256 / 2025
Days on market
194
Listing brokerage
GRANGE HALL REALTY INC.

Rooms

BedroomGround3.65 × 2.74 m

hardwood floor · closet

KitchenSecond3.66 × 2.44 m

ceramic floor · eat-in kitchen · overlooks backyard

Dining RoomSecond4.33 × 4.27 m

hardwood floor · combined w/living

KitchenGround4.87 × 3.96 m

ceramic floor · eat-in kitchen

KitchenBasement6.07 × 2.13 m

Ceramic Floor

BedroomSecond3.66 × 3.05 m

hardwood floor · overlooks park

Dining RoomBasement2.44 × 3.05 m
Living RoomSecond6.10 × 3.66 m

hardwood floor · combined w/dining · w/o to deck

Living RoomBasement3.05 × 2.13 m
Living RoomGround4.33 × 4.27 m

hardwood floor · bay window · combined w/dining

Living RoomThird3.66 × 2.44 m

hardwood floor · w/o to deck · overlooks park

Bedroom 2Second3.05 × 2.44 m

hardwood floor · combined w/sunroom

KitchenThird3.66 × 2.13 m

eat-in kitchen · overlooks backyard

Bedroom 2Ground2.13 × 1.83 m

Hardwood Floor

BedroomThird2.44 × 3.05 m

Hardwood Floor

BedroomBasement2.44 × 3.05 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

Its public catchment (Garden Avenue Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

What sellers nearby are askingCurrently listed nearby in High Park-Swansea · asking prices
$2.17Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $905/sqft; this home lists at $727/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
2.00MThis home2.00M2.10M1.80M2.80MThis home vs active comparables

Neighbourhood & location

High Park-Swansea, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Dovercourt-Wallace Emerson-Junction
$917K
Niagara
$789K
Stonegate-Queensway
$999K
Mimico
$948K
Waterfront Communities C1
$559K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Garden Avenue Junior Public School
91%
Garden Avenue Junior Public SchoolPublic · Elementary · 0.5 km awayAmong the top in the GTA · 91% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Howard Junior Public School · Public elementary0.7 km · 76% at standard
Bishop Marrocco/Thomas Merton Catholic Secondary School · Catholic secondary1.4 km · 55% at standard
Parkdale Junior and Senior Public School · Public elementary1.5 km · 51% at standard
Keele Street Public School · Public elementary1.5 km · 82% at standard
Mountview Alternative School School · Public elementary1.5 km · 83% at standard
City View Alternative Senior School · Public elementary1.6 km
Shirley Street Junior Public School · Public elementary1.6 km · 70% at standard
Swansea Junior and Senior Junior and Senior Public School · Public elementary1.7 km · 78% at standard
Brock Public School · Public elementary1.7 km · 81% at standard
Holy Family Catholic School · Catholic elementary1.8 km · 45% at standard
St Helen Catholic School · Catholic elementary1.8 km · 74% at standard
Dr. Rita Cox – Kina Minogok Public School · Public elementary1.9 km · 56% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$9,111/mo
$377KIncome needed
5.3×Price ÷ income
$2,102Weekly cost
$72,910Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

91%mortgage
Mortgage $9,111Property tax $855Total carry $9,965

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$8,842per month

Mortgage amount $1,599,200 · 4.49% over 25 years

$399,800Down payment (20.0%)
$1,599,200Loan before insurance
$0CMHC premium
$9,697Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,842
Property tax
$855
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$9,697

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$36,455
Toronto municipal land transfer tax
$36,455
Estimated closing costs
$72,910

Plus your down payment of $399,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$10,702/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,053,475Total interest paid
$2,652,675Total of all payments
Principal $1,599,200 Interest $1,053,475
YearPrincipalInterestBalance
1$35,687$70,420$1,563,513
2$37,308$68,799$1,526,205
3$39,002$67,105$1,487,203
4$40,772$65,335$1,446,431
5$42,624$63,483$1,403,807
6$44,559$61,548$1,359,248
7$46,582$59,525$1,312,666
8$48,697$57,410$1,263,969
9$50,908$55,199$1,213,061
10$53,220$52,887$1,159,841
11$55,636$50,471$1,104,205
12$58,162$47,945$1,046,043
13$60,803$45,304$985,240
14$63,564$42,543$921,677
15$66,450$39,657$855,227
16$69,467$36,640$785,761
17$72,621$33,486$713,140
18$75,918$30,189$637,222
19$79,365$26,742$557,857
20$82,968$23,139$474,888
21$86,736$19,371$388,153
22$90,674$15,433$297,479
23$94,791$11,316$202,688
24$99,095$7,012$103,594
25$103,594$2,513$0

At the end of your 5-year term

Total paid over the term
$530,535
Principal paid down
$195,393
Interest paid
$335,142
Balance remaining
$1,403,807

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$5,250/mo
$63,000Gross annual rent
2.2%Cap rate after taxes and upkeep

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.2%
Gross yield
− Property tax $10,256− Insurance $1,400− Vacancy & upkeep $6,930Net operating income $44,414

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of GRANGE HALL REALTY INC.. MLS®/PropTx.

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