328 High Park Avenue
Junction Area, Toronto, M6P 2S7
FOR SALE
$2,069,900

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BEDROOMS4
BATHROOMS3
KITCHENS19 + 4
ROOMSW12743360
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Property Description
Exceptional detached 2 1/2 storey investment opportunity in the heart of Toronto's highly sought-after Junction neighbourhood. This newly renovated and well-maintained multi-unit property features three self-contained suites, including two spacious three-bedroom suites (upper to be vacant on closing) and 1 one bedroom suite, offering strong and stable rental appeal with a current gross income of ~$108,300. The unfinished basement provides a value-add opportunity with the potential to create an additional two-bedroom suite, increasing future income potential to $135,000 or more. Ideally located on a prime stretch of High Park Avenue, this property benefits from excellent transit connectivity with easy access to TTC routes, major commuter arteries and just steps to the core of the vibrant Junction with its diverse mix of shops, cafés, restaurants, and everyday conveniences. High Park, one of Toronto's most iconic green spaces, is less than four blocks away. With strong rental demand, excellent walkability, and long-term appreciation, this property is well suited for investors seeking immediate cash flow or end-users looking to live in one suite while generating income from the others, offering a rare opportunity to acquire a versatile multi-unit property in a premier west-end neighbourhood with future expansion potential.
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Sold History
| List Date | Sold Date | Days Listed | List Price | Sold Price |
|---|---|---|---|---|
| 2024-01-27 | 2024-02-15 | 19 | $1,999,000 | $1,974,000 |
| 2011-09-14 | 2011-09-16 | 2 | $848,000 | $840,000 |
Nearby Intersections
Property Features
Separate Hydro Meter, Right Of Way
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Property Details
Address
328 High Park Avenue
Community
City
Postal Code
M6P 2S7
Property Type
Triplex, Triplex
Lot Size
29' x 200'
Taxes
$10,391 (2025
Basement
Full, Unfinished, Walk-Up, Development Potential
Heat Type
Radiant
Heat Source
Gas
Water
Municipal
Parking Spaces
3
Garage Type
Detached
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Listing contracted with Re/Max West Realty Inc.
Great Opportunity To Own Gorgeous Fully Renovated Triplex+1(Basement), "Edwardian House" Located At Desirable South Parkdale Area, South Of King And West Of Dufferin, 10 Mins To Downtown Core, Steps Away From TTC, The Ex, Liberty Village, Waterfront, CURRENTLY all leased except #301:listed for lease. Main Floor/2 Bedrooms, 2nd Floor/2 Bedrooms, 3rd Floor/2 Bedrooms, Basement/1 Bedroom, 3-4 Lane Parking At The Rear. Garden suite build can be applied, in the rear portion of the lot, under Toronto's new garden suite program. As Per GeoWarehouse: Property Type; Triplex / Property Description,; Residential property with three self-contained units.
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Great Investment Opportunity, Legal Triplex With Basement Apartment. 3 Municipal Addresses: 111 - 113 Alberta Ave. 276 Benson Ave. & Separate Entrances. 2 Separated Parking (Front & Rear Up to 5 Parking Spaces) Hardwood Floors Thru-Out With 3 Fireplace (Sold As Is Condition). Attached Room Size.
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Welcome to this exceptional investment opportunity in Corso Italia, Toronto! This triplex features three fully rented 2-bedroom units, each boasting a 4-piece bathroom for maximum tenant comfort. With the added convenience of four separate hydro meters and three separate hot water tanks, managing utilities is a breeze. The property includes coin laundry facilities,enhancing its appeal for both landlord and tenants. Enjoy the convenience of a 2-car detached driveway with Laneway access, making parking a hassle-free experience. Don't miss out on this turnkey investment with a solid rental history. ** EXTRAS ** Detached 2 Car Garage & Driveway Plus Laneway Access (laneway suite a possibility)Large Lot Dufferin & St Clair Location Easy Access Around Downtown Core, Shops, Dining, Transit Steps Away. AAA+ Tenants.
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