298 South Kingsway, Toronto, ON

High Park-Swansea, Toronto · MLS® W13417774

$2,295,000
For Sale
Listed 39 days ago
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6Bedrooms
5Bathrooms
2Garage · 5 parking
2000-2500Sq Ft

About this home

Investment Opportunity of a Lifetime! Exceptional Triplex in the Highly Desirable Swansea Neighbourhood. Featuring three beautifully renovated apartments with premium finishes throughout. Upgrades include three separate HVAC systems, three custom kitchens with quartz countertops, and thoughtfully designed living spaces that showcase quality craftsmanship.Location, Location, Location! Just steps to Bloor West Village, offering an abundance of shops, restaurants, parks, and everyday amenities. Transit and schools are conveniently located only one block away.Boasting over 3,000 sq. ft. of renovated living space, this turnkey investment property offers strong income potential and pride of ownership throughout. An additional 700 sq. ft. of attic space is accessible from the third-floor unit, providing exciting future possibilities.

Key facts

Property type
Other, 2-Storey
MLS®
W13417774
Bedrooms
6
Bathrooms
5 (1 half)
Size
2000-2500
Lot
27.5 × 154 ft
Cross streets
S of Bloor / S Kingsway
Parking
2 garage · 5 parking (detached)
Driveway
Mutual
Basement
Separate Entrance, Apartment
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Concrete
Roof
Metal
Sewer
Sewer
Property tax
$10,290 / 2026
Days on market
39
Listing brokerage
RE/MAX REALTY SPECIALISTS INC.

Rooms

Bedroom 2Second3.35 × 2.65 m

hardwood floor · closet · window

KitchenBasement4.66 × 3.23 m

quartz counter · centre island · breakfast bar

Primary BedroomSecond3.35 × 3.32 m

hardwood floor · closet · window

Living RoomMain4.85 × 3.63 m

hardwood floor · large window · combined w/dining

Dining RoomMain4.85 × 3.63 m

hardwood floor · pot lights · combined w/living

Primary BedroomMain5.15 × 3.34 m

hardwood floor · 4 pc bath · closet

KitchenMain4.39 × 3.72 m

hardwood floor · quartz counter · pot lights

Bedroom 2Main3.41 × 2.56 m

hardwood floor · closet · window

Living RoomSecond5.15 × 4.88 m

hardwood floor · large window · combined w/dining

Dining RoomSecond5.15 × 4.88 m

hardwood floor · pot lights · combined w/living

KitchenSecond4.54 × 3.54 m

hardwood floor · quartz counter · pot lights

Living RoomBasement4.36 × 4.21 m

combined w/dining · pot lights · laminate

Moe’s TakeTeam Asgarian · Broker
In the wider range
$2.30Mest. value

Listed at $2,295,000, 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 10 similar homes nearby, adjusted for size, beds, and baths.Median of 10 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $2.44M, a close match. 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
  • Bathrooms +$45K
  • Adjusts to $2.04M

That comparable adjusts to $2.04M; the $2.30M estimate above is the median of all 10 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 South Kingsway is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.92MGreat deal$3.64MOverpriced

Total price vs nearby homes. Fair value about $2.30M, median of 10 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.
  • Value driver
Comparable listingsCurrently listed nearby in High Park-Swansea · asking prices
$3.73Mavg asking

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

164 Morningside Avenue$3.20M78 South Kingsway$3.00M187 Ellis Avenue$4.99M

The 3 closest active listings nearby.

See all comparable homes
2.29MThis home3.20M3.00M4.99MThis home vs active comparables
Live market pulseActive comparables in High Park-Swansea · median list $3.20M
$1,020this home / sqft
11active listings nearby
39days on market

This home lists 20% below the area average of $1,270/sqft.

On the market now.

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.

Getting around

71/ 100

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 South Kingsway, about 111 m away

20+ transit stops2 grocery20+ dining20+ parks12 pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Waterfront Communities C1
$736K
Annex
$929K
Church-Yonge Corridor
$491K
Willowdale West
$770K
Willowdale East
$489K

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 Swansea Junior and Senior Public School
78%
Swansea Junior and Senior Public SchoolPublic · Elementary · 0.8 km awayAbove the GTA average · 78% meet the provincial standard

Affordability & Mortgage

Affordability
$10,460/mo
$428KIncome needed
5.4×Price ÷ income
$2,414Weekly 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.

92%mortgage
Mortgage $10,460Property tax $857Total carry $11,317

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$9,798per month

Mortgage amount $1,836,000 · 4.14% over 25 years

$459,000Down payment (20.0%)
$1,836,000Loan before insurance
$0CMHC premium
$10,655Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,798
Property tax
$858
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,655

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

One-time closing costs

Ontario land transfer tax
$43,850
Toronto municipal land transfer tax
$43,850
Estimated closing costs
$87,700

Plus your down payment of $459,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11,900/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

$1,103,273Total interest paid
$2,939,273Total of all payments
Principal $1,836,000 Interest $1,103,273
YearPrincipalInterestBalance
1$43,011$74,560$1,792,989
2$44,810$72,761$1,748,179
3$46,685$70,886$1,701,494
4$48,637$68,934$1,652,857
5$50,672$66,899$1,602,185
6$52,791$64,780$1,549,394
7$54,999$62,571$1,494,394
8$57,300$60,271$1,437,094
9$59,697$57,874$1,377,397
10$62,194$55,377$1,315,204
11$64,795$52,776$1,250,408
12$67,506$50,065$1,182,903
13$70,329$47,242$1,112,574
14$73,271$44,300$1,039,303
15$76,336$41,235$962,967
16$79,529$38,042$883,438
17$82,855$34,716$800,583
18$86,321$31,250$714,262
19$89,932$27,639$624,330
20$93,693$23,877$530,636
21$97,613$19,958$433,024
22$101,696$15,875$331,328
23$105,949$11,622$225,379
24$110,381$7,190$114,998
25$114,998$2,573$0

At the end of your 5-year term

Total paid over the term
$587,855
Principal paid down
$233,815
Interest paid
$354,040
Balance remaining
$1,602,185

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$4,200/mo
$50,400Gross 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.

2.2%
Gross yield
− Property tax $10,290− Insurance $1,400− Vacancy & upkeep $5,544Net operating income $33,166

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX REALTY SPECIALISTS INC.. MLS®/PropTx.

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