51 Indian Grove, Toronto, ON
High Park-Swansea, Toronto · MLS® W13081566
About this home
51 Indian Grove is a grand and storied High Park residence - a rare opportunity to acquire substantial frontage on one of the neighbourhood's most beautiful and prestigious streets. Set on an effective 65-foot-wide lot - with 55 feet of frontage plus an additional 10-foot shared driveway - the property offers more than 5,000 sq. ft. of existing living space within a solid, historic structure. Enjoy it as-is, restore its original character, reimagine the interiors, or create a remarkable new custom home in one of High Park/Roncesvalles' most coveted settings. A rare offering with scale, presence, history, and extraordinary potential.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13081566
- Bedrooms
- 7 (6 + 1)
- Bathrooms
- 4
- Size
- 3500-5000
- Lot
- 54.36 × 120.44 ft
- Cross streets
- Bloor St W & Parkside Dr
- Parking
- 3 parking
- Driveway
- Right Of Way
- Basement
- Apartment, Finished with Walk-Out, Separate Entrance
- Kitchens
- 2 (1 + 1)
- Heating
- Radiant
- A/C
- None
- Exterior
- Brick
- Foundation
- Brick
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Other
- Property tax
- $13,868 / 2025
- Days on market
- 79
- Listing brokerage
- RE/MAX HALLMARK REALTY LTD.
Rooms
Combined w/Dining
Listed at $3,295,000, this home is right in line with comparable homes. The number above is my independent estimate of value, not the asking price.
In High Park-Swansea lately, sellers have been getting about 102% of asking and homes sell in about 21 days. Prices are up 16% versus a year ago.
The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.
There were not many closely comparable homes right in High Park-Swansea, so I widened the search to the surrounding area.
Based on 9 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 9 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $3.75M, a bit higher. The listing gives square footage as a wide range, so the size adjustment (and this estimate) is approximate; confirming exact size would sharpen it.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, sold for $2.95M
- Bedrooms +$60K
- Bathrooms −$90K
- Adjusts to $2.92M
That comparable adjusts to $2.92M; the $3.19M estimate above is the median of all 9 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
Its public catchment (Howard Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
Total price vs nearby homes. Fair value about $3.19M, median of 9 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements. Value driver
- Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesThis home lists 35% below the area average of $1,196/sqft.
78 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
High Park-Swansea, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $2,636,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $14,067
- Property tax
- $1,156
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $15,222
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $68,850
- Toronto municipal land transfer tax
- $71,800
- Estimated closing costs
- $140,650
Plus your down payment of $659,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $844,000
- Principal paid down
- $335,695
- Interest paid
- $508,305
- Balance remaining
- $2,300,305
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.
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
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 numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS®/PropTx.