403-1 Ripley Avenue, Toronto, ON
High Park-Swansea, Toronto · MLS® W13175598
About this home
Welcome to Suite 403 at The Southampton, a large south-facing 2+1 bedroom, 2 bathroom condo in Swansea, in an established 10-storey boutique Tridel building known for generous floor plans and full-service living. This suite has been thoughtfully updated and is ready to move into, with a newly renovated kitchen, quartz counters and backsplash, engineered hardwood flooring, updated lighting, appliances, and fresh paint throughout. The layout gives you real space, with approximately 1,351 sq ft: a separate dining area, generous living room, two well-sized bedrooms, and a separate den with French doors that works well as a home office, hobby room, or occasional guest space. One of the strongest features of this suite is the natural light. The south-facing exposure brings in brightness throughout the day, with private views over mature trees and landscaped gardens. From the fourth floor, it feels warm, calm, and more like a home than a typical condo. The oversized primary bedroom includes a walk-in closet and a large 6-piece ensuite. The second bedroom works well for guests or family, with a second full bathroom nearby. There is also ensuite laundry and practical in-suite storage. The Southampton is a full-service residence with 24-hour concierge/security, indoor pool, jacuzzi, sauna, squash court, gym, party/club room, guest suites, visitor parking, landscaped gardens, and an outdoor terrace with BBQs. Maintenance fees include utilities. The building also has an active resident community, with social activities and gatherings for those who want to take part. Tucked away on a quiet side street off South Kingsway, The Southampton offers a quieter, more private setting while still keeping you close to High Park, the lake, Humber River trails, Bloor West Village, TTC options, the Gardiner, and local favourites like Cheese Boutique just around the corner. Suite 403 is a strong option for buyers looking for a large, updated home with space, light, and practical comfort.
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- W13175598
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1200-1399
- Cross streets
- South Kingsway / The Queensway
- Parking
- 2 garage (underground)
- Basement
- None
- Heating
- Fan Coil
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $1,985/mo
- Exposure
- South
- Property tax
- $4,251 / 2026
- Days on market
- 55
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rooms
B/I Shelves
hardwood floor · open concept · south view
hardwood floor · large window · south view
hardwood floor · walk-in closet(s) · 6 pc ensuite
hardwood floor · renovated · quartz counter
Hardwood Floor
Hardwood Floor
hardwood floor · french doors · south view
Listed at $995,000, this home is within the range of comparable homes, on the higher side. The number above is my independent estimate of value, not the asking price.
Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.07M, a bit higher.
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, listed at $965K
- Size difference +$146K
- Adjusts to $1.11M
That comparable adjusts to $1.11M; the $921K estimate above is the median of all 8 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On schools, this address is zoned for Humberside Collegiate Institute, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On location, this is a very walkable address with everyday errands close by. South Kingsway at Ripley Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $921K, median of 8 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.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Primary suite: a key comfort and resale feature.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Value driver
- Weigh carefully
- Lifestyle
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 1% above the area average of $760/sqft.
On the market now.
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.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: South Kingsway at Ripley Ave, about 71 m away
Within a 15-minute (1.5 km) walk.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 20, 2026); conventional rates run a little higher.
Mortgage amount $796,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,248
- Property tax
- $354
- Condo / maintenance fees
- $1,985
- Heating
- $0
- Estimated monthly cost
- $6,587
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,375
- Toronto municipal land transfer tax
- $16,375
- Estimated closing costs
- $32,750
Plus your down payment of $199,000. 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
- $254,865
- Principal paid down
- $101,371
- Interest paid
- $153,494
- Balance remaining
- $694,629
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
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 ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.