1033-22 Southport Street, Toronto, ON

High Park-Swansea, Toronto · MLS® W13558592

$1,099,000
For Sale
Listed 4 days ago
2Bedrooms
2Bathrooms
1Garage
1600-1799Sq Ft

About this home

An Iconic & Timeless Suite, This Expansive 1709 Square Foot, Two-Bedroom Penthouse Situated In The Highly Desirable South Kingsway Village Provides An Unrivaled Living Experience Throughout. The Residence Offers A Rare Opportunity To Own A Private And Expansive 525 Square Foot Garden Terrace Oasis With Views Of High Park And City Skyline - Perfect For Summertime Enjoyment! The Impressive, Airy Principal Rooms Are Ideal For All Entertainers And Downsizers. The Contemporary Kitchen Provides A Convenient Breakfast Area & Ample Storage. The Spacious Primary Bedroom Retreat Includes An Updated Spa-Like Five Piece Ensuite Bathroom & Large Walk-In Closet With Custom Organizers. The Large Second Bedroom Includes Ample Storage And A Murphy Bed - Perfect For All Guests Or Families. Unbeatable Location, Steps To Martin Goodman & Humber Trails, Sunnyside Beach & Park, High Park, South Humber Park, Easy Access To Gardiner Expressway, Public Transit And Cheese Boutique! World Class Amenities Include Swimming Pool, Hot Tub, Sauna, Exercise Room Party Room, Billiards Room & Guest Suites.

Key facts

Property type
Condo Apartment, Apartment
MLS®
W13558592
Bedrooms
2
Bathrooms
2
Size
1600-1799
Cross streets
South Kingsway & Lake Shore Boulevard
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,895/mo
Exposure
South East
Property tax
$3,547 / 2026
Days on market
4
Listing brokerage
RE/MAX HALLMARK BIBBY GROUP REALTY

Rooms

KitchenMain3.37 × 4.02 m
Living RoomMain7.20 × 6.97 m

hardwood floor · w/o to terrace

Dining RoomMain3.06 × 3.51 m

hardwood floor · open concept

Primary BedroomMain6.11 × 5.90 m

hardwood floor · walk-in closet(s) · 5 pc ensuite

Bedroom 2Main6.10 × 4.41 m

hardwood floor · large closet · large window

Moe’s TakeTeam Asgarian · Broker
Below the wider set
$1.30Mest. value

Listed at $1,099,000, this home is tracking about 15% 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.

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 45 similar homes nearby, adjusted for size, beds, and baths.Median of 45 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $773K, lower 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 $850K
  • Size difference +$152K
  • Bedrooms −$30K
  • Adjusts to $972K

That comparable adjusts to $972K; the $1.30M estimate above is the median of all 45 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. The Queensway at South Kingsway is about a 1-minute walk away.

List price
$1.10MGreat deal$1.37MOverpriced

Total price vs nearby homes. Fair value about $1.30M, median of 45 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.

  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition.
  • Weigh carefully
Comparable listingsCurrently listed nearby in High Park-Swansea · asking prices
$1.03Mavg asking

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

403-1 Ripley Avenue$995k225-1 Old Mill Drive$1.25M440-22 Southport Street$850k

The 3 closest active listings nearby.

See all comparable homes
1.10MThis home995k1.25M850kThis home vs active comparables
Live market pulseActive comparables in High Park-Swansea · median list $659K
$647this home / sqft
47active listings nearby
4days on market

This home lists 24% below the area average of $854/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

65/ 100

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: The Queensway at South Kingsway, about 74 m away

20+ transit stops2 grocery20+ dining20+ parks7 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.

Mimico
$800K
Islington-City Centre West
$528K
Waterfront Communities C1
$672K
Annex
$1.57M
Church-Yonge Corridor
$573K

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
$5,009/mo
$238KIncome needed
4.6×Price ÷ income
$1,156Weekly 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.

70%mortgage
Mortgage $5,009Property tax $296Condo fee $1,895Total carry $7,200

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%
$
%
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)
$4,692per month

Mortgage amount $879,200 · 4.14% over 25 years

$219,800Down payment (20.0%)
$879,200Loan before insurance
$0CMHC premium
$6,882Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,692
Property tax
$296
Condo / maintenance fees
$1,895
Heating
$0
Estimated monthly cost
$6,882

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

One-time closing costs

Ontario land transfer tax
$18,455
Toronto municipal land transfer tax
$18,455
Estimated closing costs
$36,910

Plus your down payment of $219,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,699/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

$528,321Total interest paid
$1,407,521Total of all payments
Principal $879,200 Interest $528,321
YearPrincipalInterestBalance
1$20,597$35,704$858,603
2$21,458$34,843$837,145
3$22,356$33,945$814,790
4$23,291$33,010$791,499
5$24,265$32,036$767,234
6$25,280$31,021$741,954
7$26,337$29,963$715,616
8$27,439$28,862$688,177
9$28,587$27,714$659,590
10$29,783$26,518$629,808
11$31,028$25,273$598,779
12$32,326$23,975$566,453
13$33,678$22,623$532,775
14$35,087$21,214$497,688
15$36,555$19,746$461,133
16$38,084$18,217$423,049
17$39,677$16,624$383,373
18$41,336$14,965$342,036
19$43,065$13,235$298,971
20$44,867$11,434$254,104
21$46,743$9,557$207,361
22$48,699$7,602$158,662
23$50,736$5,565$107,927
24$52,858$3,443$55,069
25$55,069$1,232$0

At the end of your 5-year term

Total paid over the term
$281,504
Principal paid down
$111,966
Interest paid
$169,538
Balance remaining
$767,234

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$5,450/mo
$65,400Gross annual rent
2.8%Est. cap rate

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.

6.0%
Gross yield
− Property tax $3,547− Condo fees $22,742− Insurance $600− Vacancy & upkeep $7,194Net operating income $31,317

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

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