134 Morningside Avenue, Toronto, ON

High Park-Swansea, Toronto · MLS® W13578236

$2,299,000
For Sale
Just listed today
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3Bedrooms
2Bathrooms
1Garage · 3 parking
1500-2000Sq Ft

About this home

Luxury renovated. Rare, oversized lot. Endless potential. Welcome to the best of High Park-Swansea. A rare opportunity in the heart of High Park-Swansea, 134 Morningside Avenue offers an community exceptional blend of luxury, lifestyle, and future potential. Beautifully renovated and move-in ready, this detached 2-storey residence features 3+1 spacious bedrooms, 2 bathrooms with heated towel racks, a bright open-concept chef's kitchen, and seamless indoor-outdoor living with a spectacular 900 sq. ft. wrap-around deck overlooking a rare 53-foot-wide backyard-an extraordinary setting for entertaining, recreation, a future pool, home expansion, and even a garden suite. Set on a desirable 28 x 124 ft pie-shaped lot and offering approximately 2,300 sq. ft. of living space, the home also features a finished basement with private entrance, a built-in garage, two additional parking spaces, a separate dining area, breakfast bar, mature trees, and a charming oversized front porch. Invested in thoughtful improvements, the home has been extensively upgraded with a new chef-inspired kitchen including cabinetry, countertops and sink (2026), updated flooring throughout (2026), interior doors (2026), upgraded stairs (2026), custom-built primary closet, A/C system (2025), appliances (2026), garage door (2025), professional landscaping (2026), fresh interior and exterior paint (2026), and pot lights throughout-providing buyers with the rare opportunity to move in and enjoy. Set in one of Toronto's most desirable family neighbourhoods, renowned for its strong community feel and highly regarded schools, 134 Morningside Avenue places you minutes from High Park, Lake Ontario, Jane Subway station, the Gardiner Expressway, and the Humber River trail network. A rare offering where location, lifestyle and future potential converge, this exceptional property pairs sophisticated design with an expansive lot to create a home that is as impressive today as it is promising for years to come.

Key facts

Property type
Detached, 1 1/2 Storey
MLS®
W13578236
Bedrooms
3
Bathrooms
2
Size
1500-2000
Lot
28.12 × 124.59 ft
Cross streets
South Kingsway and Morningside Ave
Parking
1 garage · 3 parking (built-in)
Driveway
Private
Basement
Separate Entrance, Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$10,203 / 2025
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

LaundryBasement3.20 × 2.30 m

tile floor · window

Bedroom 3Second3.30 × 3.80 m

vinyl floor · closet · window

Living RoomMain3.90 × 6.40 m

vinyl floor · open concept · pot lights

BreakfastMain3.40 × 2.80 m

vinyl floor · combined w/kitchen · w/o to deck

Bedroom 2Second3.90 × 3.90 m

vinyl floor · window

RecreationBasement3.70 × 6.30 m

laminate · window · open concept

Primary BedroomSecond4.10 × 3.30 m

vinyl floor · walk-in closet(s) · window

KitchenMain3.40 × 3.70 m

vinyl floor · stainless steel appl · centre island

OfficeMain2.40 × 4.90 m

vinyl floor · window · w/o to deck

Moe’s TakeTeam Asgarian · Broker
Above the wider set
$1.94Mest. value

Listed at $2,299,000, this home is tracking about 19% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run 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 $1.90M, a close match.

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 $1.80M
  • Bedrooms −$30K
  • Bathrooms −$15K
  • Adjusts to $1.75M

That comparable adjusts to $1.75M; the $1.94M 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.

The assigned public school is Eastview Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Morningside Ave at Pixley Cres is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.75MGreat deal$2.30MOverpriced

Total price vs nearby homes. Fair value about $1.94M, 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.

  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person.
  • Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed.
  • Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
  • Value driver
  • Weigh carefully
Comparable listingsCurrently listed nearby in High Park-Swansea · asking prices
$2.00Mavg asking

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

52 Beresford Avenue$1.56M91 South Kingsway Way$1.80M108 Runnymede Road$1.45M223 Riverside Drive$3.20M

The 4 closest active listings nearby.

See all comparable homes
2.30MThis home1.56M1.80M1.45M3.20MThis home vs active comparables
Live market pulseActive comparables in High Park-Swansea · median list $2.30M
$1,314this home / sqft
11active listings nearby

This home lists 15% above the area average of $1,145/sqft.

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

70/ 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: Morningside Ave at Pixley Cres, about 117 m away

20+ transit stops5 grocery20+ dining17 parks14 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.

Cliffcrest
$1.59M
Wexford-Maryvale
$865K
Lawrence Park South
$2.14M
Bedford Park-Nortown
$2.90M
Downsview-Roding-CFB
$1.06M

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 Eastview Public School
52%
Eastview Public SchoolPublic · Elementary · 0.7 km awayBelow the GTA average · 52% meet the provincial standard
Maplewood High SchoolEQAO results not published

Affordability & Mortgage

Affordability
$10,478/mo
$429KIncome needed
5.4×Price ÷ income
$2,418Weekly 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 $10,478Property tax $850Total carry $11,328

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)
$9,815per month

Mortgage amount $1,839,200 · 4.14% over 25 years

$459,800Down payment (20.0%)
$1,839,200Loan before insurance
$0CMHC premium
$10,665Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$9,815
Property tax
$850
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$10,665

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

One-time closing costs

Ontario land transfer tax
$43,950
Toronto municipal land transfer tax
$43,950
Estimated closing costs
$87,900

Plus your down payment of $459,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$11,921/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

$1,105,196Total interest paid
$2,944,396Total of all payments
Principal $1,839,200 Interest $1,105,196
YearPrincipalInterestBalance
1$43,086$74,690$1,796,114
2$44,888$72,888$1,751,226
3$46,766$71,010$1,704,460
4$48,722$69,054$1,655,738
5$50,760$67,016$1,604,977
6$52,883$64,893$1,552,094
7$55,095$62,681$1,496,999
8$57,400$60,376$1,439,599
9$59,801$57,975$1,379,798
10$62,302$55,474$1,317,496
11$64,908$52,868$1,252,588
12$67,623$50,153$1,184,965
13$70,452$47,324$1,114,513
14$73,399$44,377$1,041,114
15$76,469$41,307$964,645
16$79,667$38,108$884,978
17$83,000$34,776$801,978
18$86,472$31,304$715,507
19$90,089$27,687$625,418
20$93,857$23,919$531,561
21$97,783$19,993$433,779
22$101,873$15,903$331,906
23$106,134$11,642$225,772
24$110,573$7,202$115,198
25$115,198$2,577$0

At the end of your 5-year term

Total paid over the term
$588,879
Principal paid down
$234,223
Interest paid
$354,657
Balance remaining
$1,604,977

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$3,150/mo
$37,800Gross annual rent
1.0%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.

1.6%
Gross yield
− Property tax $10,203− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $22,039

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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