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355 PARKSIDE DRIVE, Toronto (High Park-Swansea) — listed at $1,799,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Offered for the first time in over 50 years, this impeccably maintained triplex occupies one of Toronto's most coveted corners, proudly positioned at Parkside Drive and Geoffrey Street directly across from High Park. A rare legacy property, lovingly cared for by the same family for half a century, it presents an exceptional opportunity for investors, multi-generational families, or those seeking a premier owner-occupied residence with substantial income potential. Spanning three story's, the building comprises two spacious 1,233 sq. ft. two-bedroom suites and a bright 708 sq. ft. one-bedroom suite on the third floor. West-facing windows in every unit frame picturesque views of High Park's expansive green canopy, creating a tranquil setting rarely found in the city. The property has benefited from significant capital improvements, including updated roof, windows, doors, eavestroughs, fascia, and electrical service, providing peace of mind for years to come. The vacant third-floor suite offers immediate occupancy or market-rent potential, while the first and second floor suites are occupied by outstanding long-term month-to-month tenants who have cared for their homes with pride and respect. Below, the full unfinished basement features solid concrete construction, dedicated storage rooms, a laundry area, and a powder room, presenting exciting possibilities for additional living space, supplementary income suites, or enhanced amenities. A private driveway accommodates 4 vehicles in addition to a detached garage-an extraordinary convenience in this sought-after neighbourhood. Steps to High Park, the subway, the waterfront, and the vibrant boutiques, cafés, restaurants, and pubs of Roncesvalles Village and Bloor West, this is a truly irreplaceable location. Opportunities to acquire a meticulously maintained, generational triplex overlooking Toronto's most celebrated park are exceptionally rare. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 4.32 x 4.27 meters |
| Living room | Third level | 3.58 x 4.52 meters |
| Bedroom | Third level | 3.48 x 4.52 meters |
| Kitchen | Third level | 2.79 x 3.18 meters |
| Dining room | Main level | 4.47 x 3.43 meters |
| Bedroom | Main level | 3.1 x 3.71 meters |
| Bedroom | Main level | 4.32 x 3.3 meters |
| Kitchen | Main level | 2.92 x 3.43 meters |
| Living room | Second level | 3.58 x 4.52 meters |
| Dining room | Second level | 4.27 x 3.43 meters |
| Bedroom | Second level | 3.53 x 3.1 meters |
| Bedroom | Second level | 3.71 x 3.1 meters |
| Kitchen | Second level | 3.18 x 3.43 meters |
Is 355 PARKSIDE DRIVE a good fit for a growing family?+
With 5 bedrooms and 4 bathrooms, there's room for kids plus a guest room or home office. The 2.5-storey layout keeps living and sleeping areas separated.
What's the parking situation?+
This property includes 5 spaces — Detached Garage, Garage.
Is there air conditioning?+
No central cooling is listed. Budget for portable or window units, or get a quote for adding central air — typically $5,000–$10,000 installed.
How is the home heated? Is it efficient?+
Heating is radiant heat, natural gas. Gas heating is generally the most cost-efficient option in Ontario winters.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $9,576.04, heating is radiant heat, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
How many fireplaces are there, and what type?+
This home has 1 fireplace. Confirm the fuel type (wood, gas, or electric) and have it inspected — especially wood-burning, which needs a WETT certification for insurance.
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