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New5 days ago

246 Ellis Avenue

High Park-Swansea, Toronto

$2,199,000

Detached|2-Storey
3 | 4 | 3
About this home

Welcome to 246 Ellis Avenue, a rare opportunity in the heart of the highly sought-after High Park/Swansea neighbourhood. Backing directly onto Rennie Park with no rear neighbours, this exceptional home offers unmatched privacy, tranquil park views, and an incredible connection to nature.The beautifully updated main floor is designed for both everyday living and entertaining, featuring expansive picture windows that showcase the picturesque park setting, a spacious living and dining area, and a large breakfast area overlooking the private backyard. The renovated kitchen is equipped with stainless steel appliances, a gas stove, and ample workspace. Step outside to a private main floor deck and enjoy the peaceful backyard complete with a custom wood-burning oven, creating the perfect setting for outdoor dining and entertaining.The versatile lower level offers endless possibilities and features radiant heated concrete floors for exceptional year-round comfort. Configure the space as a 2-bedroom, 2-bathroom apartment, a 1-bedroom suite, a studio apartment, or a home office/workspace. Two separate laundry areas provide added convenience and flexibility for multi-generational living or income potential. Prefer a single-family home? The seller is willing to reopen the interior stairway, allowing the entire home to function as one seamless living space. A finished attic provides valuable bonus space, ideal for additional storage, a children's playroom, reading nook, or creative retreat. Detached garage plus parking for two additional vehicles on the private driveway provides three total parking spaces-an exceptional feature in neighbourhood. Ideally located just steps to High Park, Bloor West Village, excellent schools, transit, shops, restaurants, and all the amenities that make this one of Toronto's most desirable communities.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeDetached
Style2-Storey
Approx. AgeNot available
Size1100-1500 sq. ft.
Property Tax$7,512
Lot Size33 ft x 130 ft
mls© NumberW13622026
Listed BySUTTON GROUP-ADMIRAL REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$11,255
Property tax
$626
Heat allowance
$150
Housing costs
$12,031 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $439,800
25-yr amortization

Income needed

$370,000

gross annual household income

Payment at 4%
$9,254 / mo
Cash down
$439,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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