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40 MORNINGSIDE AVENUE, Toronto (High Park-Swansea) — listed at $2,599,000. Earn buyer cashback at closing. No catches, just more money in your pocket.
Welcome to 40 Morningside Avenue, a rare newly-built legal duplex offering just under 2,800 sq. ft. of sophisticated living space in a premier Toronto location. The airy main level impresses with soaring 10 ft. ceilings and an expansive open-concept layout that flows beautifully for entertaining, complemented by a cozy gas fireplace in the family room and the convenience of direct interior access to the garage. The home's crown jewel is the spectacular third-floor primary suite, a dedicated private sanctuary featuring a south-facing balcony with breathtaking views of the surrounding greenery. This property offers incredible versatility through its legal basement apartment, which feels like a primary living space thanks to tons of natural light, a full kitchen, and its own separate HVAC equipment. This lower level serves as a high-potential income generator, a suite for a stay-in nanny, or a professional home office, yet it can be easily integrated back into the main home by opening the drywall across from the garage door. Perfectly situated for the active urbanite, you are a mere stone's throw from the 400-acre oasis of High Park and within easy walking distance of the Bloor subway line, offering the perfect balance of nature and transit accessibility. This is a rare opportunity to own a modern, high-ceilinged masterpiece with flexible living options in a location that is truly second to none. (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Flat | 6.7 x 3.5 meters |
| Dining room | Flat | 6.7 x 3.5 meters |
| Kitchen | Flat | 4.57 x 3.25 meters |
| Family room | Flat | 5.74 x 3.96 meters |
What are the ongoing costs beyond the mortgage?+
Budget for heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Does it have a basement, and is it finished?+
The listing describes the basement as: Apartment in basement, Separate entrance, N/A, N/A. Confirm the finishing status during a showing — it affects both livable space and resale value.
Is 40 MORNINGSIDE AVENUE a good fit for a growing family?+
With 4 bedrooms and 5 bathrooms, there's room for kids plus a guest room or home office. The 3-storey layout keeps living and sleeping areas separated.
What makes this a luxury property?+
At $2,599,000, standout features include 5 bathrooms, 2 fireplaces. In this price range, expect higher-end finishes — verify during a showing.
How is the space laid out across floors?+
This is a 3-storey single family. The 4 bedrooms and 5 bathrooms are typically split with living areas on the main floor and bedrooms above — confirm the exact layout during a showing.
How many fireplaces are there, and what type?+
This home has 2 fireplaces. 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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