123 South Kingsway, Toronto, ON
High Park-Swansea, Toronto · MLS® W13226148
About this home
Welcome to 123 South Kingsway, a truly special family home nestled on one of Toronto's most prestigious and sought-after streets and neighbourhoods. Lovingly cared for and offered for sale for only the second time in its history, this rare opportunity combines timeless charm, exceptional space, and an extraordinary outdoor setting. Set on an impressive 65 ft x 135 ft lot, the property's private exquisite back & front yards designed by Master Gardener/ Home Owner, creating an oasis unlike anything else. Featured as part of Through the Garden Gate in 2024, the spectacular grounds showcase lush landscaping, a tranquil pond, greenhouse, swim spa, and multiple seating and entertaining areas designed to enjoy every corner of this remarkable outdoor retreat. An abundance of mature trees and plantings provide exceptional beauty, privacy, and year-round interest, creating a setting that feels worlds away from the city.Inside, the home offers a traditional and highly functional layout with generously sized principal rooms designed for comfortable family living. Large windows fill the home with natural light, while the spacious living and dining areas provide the perfect setting for both everyday life and entertaining. The dining room features a walkout to the backyard deck, creating a seamless connection between indoor and outdoor living.The home offers four well-appointed bedrooms, two full bathrooms, and a finished lower level complete with a recreation room, electric fireplace, another optional bedroom, and a large laundry room with extensive storage shelving. Adding to the property's appeal is a detached two-car garage, private driveway, and an unbeatable location close to Bloor West Village, The Kingsway, High Park, Lake Ontario, top rated schools, transit, and some of Etobicoke's favourite local destinations, including steps to Cheese Boutique. A rare opportunity to own a cherished family home on an exceptional lot in one of Toronto's most desirable neighbourhoods.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13226148
- Bedrooms
- 5 (4 + 1)
- Bathrooms
- 2
- Size
- 2000-2500
- Lot
- 65 × 135 ft
- Cross streets
- Ormskirk
- Parking
- 2 garage · 6 parking (detached)
- Basement
- Finished
- Heating
- Radiant
- A/C
- Other
- Exterior
- Brick, Stone
- Foundation
- Block
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Pool
- Other
- Property tax
- $9,245 / 2025
- Days on market
- 45
- Listing brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Rooms
Listed at $1,999,900, this home is about 25% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($889/sqft) is below the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in High Park-Swansea, so I widened the search to the surrounding area.
Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.25M, higher than the comparables and worth a second look.
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 $1.55M
- Bedrooms +$30K
- Bathrooms −$15K
- Adjusts to $1.56M
That comparable adjusts to $1.56M; the $1.60M estimate above is the median of all 5 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, it is moderately walkable, so some daily errands are within reach and for the rest you will likely drive. Windermere Ave at St Olaves Rd is about a 4-minute walk away.
Total price vs nearby homes. Fair value about $1.60M, median of 5 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.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Sold as-is / needs work: budget for renovation, the price should reflect the condition.
- Value driver
- Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 35% below the area average of $1,365/sqft.
44 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.
Getting around
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.
Many errands can be done on foot; a car still helps.
🚉 Nearest transit: Windermere Ave at St Olaves Rd, about 302 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
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 17, 2026); conventional rates run a little higher.
Mortgage amount $1,599,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,538
- Property tax
- $770
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,308
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $36,473
- Toronto municipal land transfer tax
- $36,473
- Estimated closing costs
- $72,946
Plus your down payment of $399,980. 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
- $512,266
- Principal paid down
- $203,750
- Interest paid
- $308,516
- Balance remaining
- $1,396,170
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 SIGNATURE REALTY. MLS®/PropTx.