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High Park-Swansea, Toronto
$2,599,000
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.
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| Type | Detached |
| Style | 3-Storey |
| Approx. Age | New |
| Size | 2000-2500 sq. ft. |
| Property Tax | --- |
| Lot Size | 25 ft x 90 ft |
| mls© Number | W13026412 |
| Listed By | SIXROOFS REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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Could you afford this home?
What the bank counts
This home's estimated carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $13,303
- Property tax (estimated)
- $0
- Heat allowance
- $150
- Housing costs
- $13,453 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$414,000
gross annual household income
- Payment at 4%
- $10,937 / mo
- Cash down
- $519,800
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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