Detached House for sale at 505 Parkside Drive, Toronto, Ontario, M6R 2Z9 - High Park-Swansea - MLS: W13050314

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505 Parkside Drive

Toronto, Ontario, M6R 2Z9 - High Park-Swansea

$2,049,000

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Neighbourhood

High Park-Swansea
Major Intersection

Parkside Ave and Bloor St W

Listed Since: 86 day(s)
Last update: today

Virtual Tour

Overview

Property Type

Detached, 2 1/2 Storey
Bedrooms

5
Bathrooms

4
Basement

Apartment
Kitchen

4
Total Parking

1
Lot Size

24.18x100.07 (Feet)
Taxes

$7,555.95 (2025)
Type

Freehold

Property Description

Property description for 505 Parkside Drive, Toronto

Discover an exceptional investment opportunity in one of Toronto's most desirable west-end locations. 505 Parkside Dr is a turnkey, upgraded property with 4 self-contained units, situated directly across from High Park and steps away from Keele TTC station. This property has been meticulously maintained by an experienced owner, ensuring operational efficiency and long-term stability. Recent upgrades include newer roofing, eavestroughs, downspouts and fascia, windows and blinds, vinyl flooring, 200 Amp electrical panel, tankless water heater, sump pumps (2), radiators, interior doors, and most appliances. Current rents are at market level and investors benefit from a **strong cap rate of 4.85%**, with minimal need for repositioning.Tenants benefit from efficient floorplans, outstanding convenience, and lifestyle appeal. The property is just a 3-minute walk to Keele Subway Station and only 15 minutes to the UP Express, ensuring seamless access to downtown and beyond. Steps from the lively Roncesvalles Village, residents have access to some of the city's best cafés, restaurants, and local shops, further enhancing tenant appeal and retention.A rare opportunity to acquire a turn-key asset in a premier west-end location with stable income, strong fundamentals, and enduring demand.

Listed by ROYAL LEPAGE TERREQUITY BESPOKE REALTY

Property details

MLS #

W13050314
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Rt-Of-Way
Garage

None
Total Parking

1
Family Room

N
Den

N
Exterior

Brick
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Unknown
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Radiant
A/C

Other
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

MLS #

W13050314
Sq. Ft

2000-2500
Sq. Ft. Source

MLS
Lot Irregularities

n/a
Year Built

Available Upon Request
Pool

None
Drive

Rt-Of-Way
Garage

None
Total Parking

1
Family Room

N
Den

N
Exterior

Brick
Fireplace

Y
Roof

Asphalt Shingle
Foundation

Unknown
Elevator

n/a
Water View

n/a
Laundry Level

n/a
Heat

Radiant
A/C

Other
Water

Municipal
Water Supply

n/a
Sewers

Sewers
Central Vac

N

Foyer

2.79 x 1.27 ft Ground level

W/O To Porch
Foyer

2.54 x 1.55 ft Ground level

W/O To Porch
Living

5.41 x 3.12 ft Ground level

Bay Window, Fireplace
Kitchen

3.15 x 3.96 ft Ground level

Centre Island, Stainless Steel Appl, W/O To Deck
Br

4.32 x 3.12 ft Ground level

Window, Closet
Other

3.15 x 2.82 ft Ground level
Living

5.33 x 3.0 ft 2nd level

Combined W/Dining, Window, Closet
Kitchen

2.13 x 3.96 ft 2nd level

Stainless Steel Appl, Window
Br

3.18 x 2.9 ft 2nd level

Window, Closet
2nd Br

3.38 x 3.12 ft 2nd level

Window, Closet
Kitchen

3.4 x 2.34 ft 3rd level

Combined W/Dining, Stainless Steel Appl, Window
Br

4.22 x 3.58 ft 3rd level

Combined W/Living, Window
Living

3.05 x 2.9 ft Bsmt level

Combined W/Kitchen, Window
Kitchen

2.29 x 2.9 ft Bsmt level

Combined W/Living, Stainless Steel Appl
Br

2.29 x 2.79 ft Bsmt level

Closet, Window
Furnace

4.04 x 2.9 ft Bsmt level

Combined W/Laundry, Stainless Steel Sink

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Property History

Property history for 505 Parkside Drive, Toronto

This property has been sold 10 times before. Create your free account to explore sold prices, detailed property history, and more insider data.

Local Real Estate Price Trends for Detached in High Park-Swansea

Active listings

Average Selling Price of a Detached

June 2026

$1,852,909

Last 3 Months

$1,943,755

Last 12 Months

$2,105,566

June 2025

$2,300,000

Last 3 Months LY

$1,928,410

Last 12 Months LY

$2,261,401

Change

-19%

Change

-7%

Historical Average Selling Price of a Detached in High Park-Swansea

Average Selling Price

3 years ago

$2,294,077

Average Selling Price

5 years ago

$2,546,591

Average Selling Price

10 years ago

$1,492,878

Change

-19%

Change

-27%

Change

24%

How many days Detached takes to sell (DOM)

June 2026

Last 3 Months

Last 12 Months

June 2025

Last 3 Months LY

Last 12 Months LY

Change

-37%

Change

31%

Change

-5%

Average Selling price

Mortgage Calculator

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Down Payment ($)

Down Payment (%)

Closing Cost Calculator

This data is for informational purposes only.

Closing Cost Total for this property

Total Cash flow for purchasing this property

Purchase Price

First time home buyer

Down Payment($)

Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.

Contact Manoj Kukreja

Sales Representative, Century 21 People’s Choice Realty Inc., Brokerage
(647) 576 - 2100

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