42 High Park Boulevard, Toronto, ON

High Park-Swansea, Toronto · MLS® W13236284

$4,199,000
For Sale
Listed 49 days ago
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8Bedrooms
7Bathrooms
2Garage · 7 parking
3500-5000Sq Ft

About this home

*Stately Edwardian brick home with a lush front garden and landscaped backyard. *Situated on a 50 feet by 150 feet lot. *Many possibilities: a single family home or multi-generational home or 5 or 6 unit multiplex on three floors. *Current use: 5 self-contained units on 3 floors *Three (3) units are vacant *The tenants in two (2) rented units are month to month *The house has 2 sets of staircases leading to an exit on two sides of the house (west and east) *The main floor unit is a 2-bedroom unit with 1,565 Sq Ft, with a large foyer, living room with fireplace, open concept kitchen & family room, 2 bedrooms, powder room, ensuite bathroom. *The second floor contains two (2) x 1-bedroom units, each approximately 780 Sq Ft. *The third floor unit is a 2-bedroom unit approximately 1,537 Sq Ft, with a huge open concept living area & kitchen, plus 2 bedrooms with closets , 1 bath room and 1 powder room. *The basement unit is a 2-bedroom unit with own exit door and terrace, approximately 1,000 Sq Ft, with an open concept living area & kitchen plus 2 bedrooms and bathroom. *Detached 2 car garage with wide driveway and with garden suite potential and 5 outside parking spaces. *Ductless ACs. (40618469)

Key facts

Property type
Detached, 2 1/2 Storey
MLS®
W13236284
Bedrooms
8 (6 + 2)
Bathrooms
7 (1 half)
Size
3500-5000
Lot
50 × 150 ft
Cross streets
High Park Blvd/Parkside Dr
Parking
2 garage · 7 parking (detached)
Driveway
Private
Basement
Apartment
Kitchens
5 (4 + 1)
Heating
Radiant
A/C
Wall Unit(s)
Exterior
Brick
Foundation
Unknown
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$16,334 / 2025
Days on market
49
Listing brokerage
KELLER WILLIAMS REFERRED URBAN REALTY

Rooms

BedroomThird4.17 × 3.17 m

pot lights · closet · south view

FoyerMain4.38 × 3.53 m

slate flooring · b/i shelves · pot lights

BedroomThird2.60 × 1.50 m

ceramic floor · whirlpool · glass block window

BedroomThird4.66 × 3.18 m

semi ensuite · closet · south view

Living RoomMain5.02 × 4.69 m

hardwood floor · gas fireplace

KitchenThird2.43 × 2.26 m

galley kitchen · stainless steel appl · east view

Primary BedroomMain4.21 × 3.92 m

hardwood floor · 3 pc ensuite · bay window

Bedroom 2Main3.36 × 3.15 m

hardwood floor · ceiling fan(s) · window

BathroomMain2.29 × 1.53 m

heated floor · tile ceiling · glass block window

Living RoomThird11.59 × 6.31 m

l-shaped room · combined w/dining · skylight

DenMain3.25 × 3.29 m

hardwood floor · b/i shelves · combined w/kitchen

KitchenMain4.93 × 4.60 m

hardwood floor · marble counter · stainless steel appl

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$6.07Mest. value

Listed at $4,199,000, this home is tracking about 31% below a wider set of listings, though close matches were thin, so it is worth confirming with a precise CMA rather than reading it as a clear deal. The number above is my independent estimate of value, not the asking price.

In High Park-Swansea lately, sellers have been getting about 97% of asking and homes sell in about 34 days. Prices are down 37% versus a year ago.

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 7 similar homes nearby, adjusted for size, beds, and baths.Median of 7 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $4.30M, 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 $6.75M
  • Bedrooms +$180K
  • Adjusts to $6.93M

That comparable adjusts to $6.93M; the $6.07M estimate above is the median of all 7 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.

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

List price
$4.20MGreat deal$6.93MOverpriced

Total price vs nearby homes. Fair value about $6.07M, median of 7 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.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Garden / laneway suite potential: extra-unit upside, but confirm zoning and feasibility with the city. Worth verifying
Comparable listingsCurrently listed nearby in High Park-Swansea · asking prices
$2.95Mavg asking

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

491 PARKSIDE Drive$2.95M

The 1 closest active listing nearby.

See all comparable homes
4.20MThis home2.95MThis home vs active comparables
Live market pulseActive comparables in High Park-Swansea · median list $3.20M
$988this home / sqft
24active listings nearby
49days on market
8sold nearby · 90 days
$1.61Mmedian sold price
97%of asking, on average
37%vs a year ago

This home lists 21% below the area average of $1,258/sqft.

48 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

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.

Alderwood
$1.58M
Bedford Park-Nortown
$4.46M
Eringate-Centennial-West Deane
$1000K
Danforth Village-East York
$1000K
Willowdale East
$3.00M

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

Affordability & Mortgage

Affordability
$19,138/mo
$772KIncome needed
5.4×Price ÷ income
$4,416Weekly cost
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.

93%mortgage
Mortgage $19,138Property tax $1,361Total carry $20,499

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.

4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$17,926per month

Mortgage amount $3,359,200 · 4.14% over 25 years

$839,800Down payment (20.0%)
$3,359,200Loan before insurance
$0CMHC premium
$19,287Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$17,926
Property tax
$1,361
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$19,287

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

One-time closing costs

Ontario land transfer tax
$91,450
Toronto municipal land transfer tax
$105,430
Estimated closing costs
$196,880

Plus your down payment of $839,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$21,773/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

$2,018,581Total interest paid
$5,377,781Total of all payments
Principal $3,359,200 Interest $2,018,581
YearPrincipalInterestBalance
1$78,694$136,417$3,280,506
2$81,986$133,125$3,198,519
3$85,415$129,696$3,113,104
4$88,988$126,123$3,024,116
5$92,711$122,401$2,931,405
6$96,588$118,523$2,834,817
7$100,629$114,483$2,734,188
8$104,838$110,273$2,629,350
9$109,223$105,888$2,520,127
10$113,792$101,320$2,406,336
11$118,551$96,560$2,287,784
12$123,510$91,601$2,164,274
13$128,676$86,435$2,035,598
14$134,059$81,053$1,901,539
15$139,666$75,445$1,761,873
16$145,508$69,603$1,616,364
17$151,595$63,517$1,464,770
18$157,936$57,176$1,306,834
19$164,542$50,569$1,142,292
20$171,424$43,687$970,868
21$178,595$36,516$792,273
22$186,065$29,046$606,208
23$193,848$21,263$412,360
24$201,956$13,155$210,404
25$210,404$4,707$0

At the end of your 5-year term

Total paid over the term
$1,075,556
Principal paid down
$427,795
Interest paid
$647,761
Balance remaining
$2,931,405

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$7,350/mo
$88,200Gross annual rent
1.4%Est. cap rate

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.

2.1%
Gross yield
− Property tax $16,334− Insurance $1,400− Vacancy & upkeep $9,702Net operating income $60,764

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REFERRED URBAN REALTY. MLS®/PropTx.

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