10 Redwood Avenue, Toronto E01

Price: $1,288,000

5 bedrooms, 2 bathrooms

2,000 - 2,499 sqft

Property Type: Multi-Family

MLS#: E13052168

Legal Duplex in Prime Leslieville Location! Welcome to 10 Redwood Ave, a rare opportunity on a quiet one-way street just steps to everything this vibrant neighbourhood has to offer. Enjoy being moments from Greenwood Park, local cafés, boutique shops, and an incredible variety of restaurants-featuring some of the East End's best hidden gems. This versatile property offers 2 self-contained units with separate meters, making it ideal for investors, multi-generational living, or live-and-rent scenarios. The upper unit has been fully renovated with modern finishes, while the main floor retains its original charm and awaits your personal touch. Offering a total of 5 bedrooms and 2 bathrooms, there's plenty of space and flexibility. The second-floor unit features a walkout to a private patio overlooking the backyard-perfect for relaxing or entertaining. Includes rare garage parking plus additional parking, a valuable bonus in this location. A fantastic opportunity in one of Toronto's most sought-after communities!

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$1,288,000 - 10 Redwood Avenue, Leslieville

Multi-Family for Sale in Leslieville

51 days on market
5Beds
2Baths
2,000 - 2,499Sq Ft
Multi-Family
Property Details
MLS Number
E13052168
Property Type
Multi-Family
Status
active
Days on Site
51
Bedrooms
5
Bathrooms
2
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Riverdale / Leslieville
Listing Brokerage
CENTURY 21 PERCY FULTON LTD.
Description

Legal Duplex in Prime Leslieville Location! Welcome to 10 Redwood Ave, a rare opportunity on a quiet one-way street just steps to everything this vibrant neighbourhood has to offer. Enjoy being moments from Greenwood Park, local cafés, boutique shops, and an incredible variety of restaurants-featuring some of the East End's best hidden gems. This versatile property offers 2 self-contained units with separate meters, making it ideal for investors, multi-generational living, or live-and-rent scenarios. The upper unit has been fully renovated with modern finishes, while the main floor retains its original charm and awaits your personal touch. Offering a total of 5 bedrooms and 2 bathrooms, there's plenty of space and flexibility. The second-floor unit features a walkout to a private patio overlooking the backyard-perfect for relaxing or entertaining. Includes rare garage parking plus additional parking, a valuable bonus in this location. A fantastic opportunity in one of Toronto's most sought-after communities!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,697.26/mo

$
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5%20%50%

5-yr fixed avg.

Principal: $1,030,400Interest: $678,778
Mortgage Amount$1,030,400
Total Interest$678,778
Est. Property Tax$912/mo
Total Cost$1,709,178

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Riverdale / Leslieville

Discover Riverdale / Leslieville

Riverdale / Leslieville is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Riverdale / Leslieville

  • Convenient location in Riverdale / Leslieville
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Riverdale / Leslieville offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

10 Redwood Avenue, Riverdale / Leslieville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,700/mo
Range: $3,145 - $4,255
Cap Rate (ROI)
2.3%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,700
Maintenance Fees-$0
Property Tax (est.)-$912
Insurance (est.)-$268
Net Cash Flow+$2,520

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $644/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 51 days on site, this property has exceeded the typical selling timeline for Leslieville. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Excellent Flexibility

With 5 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Leslieville.

Investment Perspective

Looking at this as an investment: Leslieville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $5,367 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    10 Redwood Avenue | $1,288,000 | Battaglia Team