$2,795,000 - 1050 Eastern Avenue Unit PH 1702, Leslieville
Condo for Sale in Leslieville
58 days on market- MLS Number
- E13025184
- Property Type
- Condo
- Status
- active
- Days on Site
- 58
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 1,800 sqft
- Neighbourhood
- Riverdale / Leslieville
- Locker
- Owned
- Exposure
- South West
- Balcony
- Terrace
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
Elevated living at the iconic Queen & Ashbridge Condos. This exceptional penthouse is a true trophy asset, offering a rare 3-bedroom plus den layout with soaring ceilings, expansive living spaces, and two private terraces showcasing breathtaking panoramic views of Lake Ontario and the downtown skyline.Flooded with natural light through floor-to-ceiling windows, the open-concept living and dining areas flow seamlessly outdoors creating the perfect setting for entertaining or relaxing above the city. Upgraded Miele appliances, a spa-like primary ensuite, separate his & hers walk in closets, a versatile den ideal for a home office, and premium finishes throughout complete this unique home in the sky.Includes two parking spaces and two lockers for added convenience and storage.Residents enjoy access to world-class, five-star amenities including a state-of-the-art 5,000 sqft fitness centre, yoga and spin studios, steam rooms, rooftop Sky Club with lounge and terrace, co-working and meeting spaces, multiple guest suites, bike storage, land scapped courtyard gardens and outdoor BBQ areas.Just steps to the beach, boardwalk, Ashbridges Bay, Queen Street East shops and cafés, and convenient transit at your doorstep, this is penthouse condo living at its finest!
Estimate your monthly payments for this property
Estimated Payment
$12,363.23/mo
5-yr fixed avg.
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.
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
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.
1050 Eastern Avenue Unit PH 1702, Riverdale / Leslieville
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Rental income estimator & ROI calculator
Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1553/sqft, this property is priced above the Leslieville average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 58 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.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Leslieville. Good resale value as demand remains consistent.
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 $11,646 (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.