118 Morse Street, Toronto E01

Price: $1,688,000

4 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: E13001844

Welcome to this stunning, design-forward home in the heart of Leslieville, offering exceptional finishes and a thoughtfully curated layout. The bright, open-concept main floor features soaring 10' ceilings, wide-plank white oak flooring, and a sleek electric fireplace set within a marble surround. Large east and west-facing window fills the space with natural light, while the modern staircase with glass railings adds architectural elegance. The chef-inspired kitchen is both stylish and functional, showcasing custom cabinetry with extra-tall uppers, Caesarstone countertops, and a porcelain herringbone backsplash. Premium stainless steel appliances, including a gas range, French-door fridge, wine fridge, and integrated dishwasher, elevate the space. A large sliding door opens to the beautifully landscaped backyard-perfect for entertaining. Upstairs, spacious bedrooms offer 9' ceilings, solid wood doors, and custom closet organizers. The primary retreat is a true standout, featuring dramatic vaulted ceilings and a walk-in closet. The spa-like ensuite includes a glass shower with rain head, floating double vanity, and designer fixtures. The exterior is equally impressive with professionally landscaped front and backyards, stone walkways, and a lower patio area in the backyard ideal for relaxing or hosting. Additional highlights include composite front decking with glass railings, backyard deck with gas BBQ line, and a custom carport with garage access. A rare blend of modern design, luxury finishes, and prime Leslieville living-this spacious home is truly move-in ready.

118 Morse Street - Townhouse photo 1 of 37 in Riverdale / Leslieville, Ontario
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$1,688,000 - 118 Morse Street, Leslieville

Townhouse for Sale in Leslieville

62 days on market
4Beds
2Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
E13001844
Property Type
Townhouse
Status
active
Days on Site
62
Bedrooms
4
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Riverdale / Leslieville
Listing Brokerage
REAL ESTATE HOMEWARD
Description

Welcome to this stunning, design-forward home in the heart of Leslieville, offering exceptional finishes and a thoughtfully curated layout. The bright, open-concept main floor features soaring 10' ceilings, wide-plank white oak flooring, and a sleek electric fireplace set within a marble surround. Large east and west-facing window fills the space with natural light, while the modern staircase with glass railings adds architectural elegance. The chef-inspired kitchen is both stylish and functional, showcasing custom cabinetry with extra-tall uppers, Caesarstone countertops, and a porcelain herringbone backsplash. Premium stainless steel appliances, including a gas range, French-door fridge, wine fridge, and integrated dishwasher, elevate the space. A large sliding door opens to the beautifully landscaped backyard-perfect for entertaining. Upstairs, spacious bedrooms offer 9' ceilings, solid wood doors, and custom closet organizers. The primary retreat is a true standout, featuring dramatic vaulted ceilings and a walk-in closet. The spa-like ensuite includes a glass shower with rain head, floating double vanity, and designer fixtures. The exterior is equally impressive with professionally landscaped front and backyards, stone walkways, and a lower patio area in the backyard ideal for relaxing or hosting. Additional highlights include composite front decking with glass railings, backyard deck with gas BBQ line, and a custom carport with garage access. A rare blend of modern design, luxury finishes, and prime Leslieville living-this spacious home is truly move-in ready.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,466.59/mo

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5-yr fixed avg.

Principal: $1,350,400Interest: $889,578
Mortgage Amount$1,350,400
Total Interest$889,578
Est. Property Tax$1,196/mo
Total Cost$2,239,978

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

118 Morse Street, Riverdale / Leslieville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$0
Property Tax (est.)-$1,196
Insurance (est.)-$352
Net Cash Flow+$1,532

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

Fair Market Value

At $1125/sqft, this property is priced in line with current Leslieville market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Negotiation Opportunity

At 62 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Leslieville have shown strong appreciation as families seek more space.

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 $7,033 (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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    118 Morse Street, Riverdale /… — $1,688,000 | Battaglia Team