2 Larkin Avenue, Toronto, ON
High Park-Swansea, Toronto · MLS® W13230060
About this home
Attention first-time buyers, investors and downsizers. You have just found what you've been looking for! A beautifully appointed Duplex - 2 Family Home with development potential. Why this home is perfect: I N C O M E - G E N E R A T I N G or co-ownership opportunity - it's like two spacious bungalows, one stacked upon the other. Live in one completely separate and private 3-bedroom flat, and collect $3300* per month from the other. That's an extra $39,600 per year to help pay off your mortgage or buy it with a family member or friend. C O N V E N I E N T - mere steps to Bloor St. subway, shops, restaurants, green grocers and medical practitioners. You can walk to everything you need. Or easily zip down to the QEW and Lakeshore, or Gardiner Expwy for downtown. R E N O V A T E D - and ready to move in! New bright kitchens and white bathrooms. Updated wiring, windows, and plumbing. S O P H I S T I C A T E D E L E G A N C E - no boring box house here! Peak around the Bonsai-inspired privacy shrubs and you'll see an architecturally significant front entrance. Appreciate the old-world charm and workmanship of authentic wood wainscotting, inlaid hardwood floors, and wood trim, all lovingly preserved. Enjoy other special features in the kitchen like the cozy vibe of the banquette breakfast nook, separate pantry and built-in spice cupboard. P R I M E L O C A T I O N - in the highly sought-after and coveted family-oriented neighbourhood of Swansea-Bloor West Village, with top-rated schools. You also get private parking, a double drive and a double garage - a rarity in this urban setting; a high and dry basement with a separate entrance, and you can look into Garden Suite potential.
Key facts
- Property type
- Detached, 2-Storey
- MLS®
- W13230060
- Bedrooms
- 6 (5 + 1)
- Bathrooms
- 2
- Size
- 2000-2500
- Lot
- 26.65 × 105 ft
- Cross streets
- West of South Kingsway / Jane and South of Bloor
- Parking
- 2 garage · 4 parking (detached)
- Driveway
- Private, Private Double
- Basement
- Development Potential, Full, Separate Entrance, Unfinished
- Heating
- Radiant
- A/C
- Wall Unit(s)
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $7,677 / 2025
- Days on market
- 45
- Listing brokerage
- ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Rooms
hardwood floor · closet
Laundry Sink
hardwood floor · closet
wainscoting · hardwood floor · gas fireplace
hardwood floor · closet
renovated · stainless steel appl · pantry
wainscoting · hardwood floor
wainscoting · hardwood floor · fireplace
tile floor · leaded glass
hardwood floor · closet
renovated · stainless steel appl · granite counters
tile floor · leaded glass
Hardwood Floor
wainscoting · hardwood floor · leaded glass
hardwood floor · closet
Listed at $1,999,000, this home is within the range of a wider set of listings, but with few close matches nearby, so worth confirming with a precise CMA. The number above is my independent estimate of value, not the asking price.
There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.
Based on 9 similar homes nearby, adjusted for size, beds, and baths.Median of 9 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.82M, lower than the comparables and worth a second look. The comparable range is wide here, so treat this as a rough read until I run a full CMA.
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 $2.00M
- Bedrooms +$30K
- Adjusts to $2.03M
That comparable adjusts to $2.03M; the $2.44M estimate above is the median of all 9 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. Bloor St West at Jane St is about a 2-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $2.44M, 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.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
- Hardwood floors: quality hardwood is durable and broadly desirable.
- Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city.
- Income potential
- Lifestyle
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 6 active listings nearby.
See all comparable homesThis home lists 32% below the area average of $1,308/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
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: Bloor St West at Jane St, about 123 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 $1,599,200 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $8,534
- Property tax
- $640
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $9,174
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
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
- $512,035
- Principal paid down
- $203,658
- Interest paid
- $308,377
- Balance remaining
- $1,395,542
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 ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.