$999,800 - 128 Galt Avenue, Leslieville
Detached for Sale in Leslieville
48 days on market- MLS Number
- E13059996
- Property Type
- Detached
- Status
- active
- Days on Site
- 48
- Bedrooms
- 6
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Riverdale / Leslieville
- Listing Brokerage
- GOLDEN LIFE REALTY LTD.
Don't Be Deceived by the Exterior.An exceptional Opportunities like this - combining location, laneway access, and future potential on a quiet, family-friendly dead-end street in the heart of vibrant South Riverdale are increasingly rare! This charming 2-storey home sits on a desirable lot with laneway access and offers exceptional potential for end-users, renovators, and savvy investors alike.Solidly built with great bones, this property offers a deceptively spacious interior that must be seen to be fully appreciated - ready for your vision whether you choose to renovate, redesign, or create your dream home over time.The functional layout is complemented by a private fenced backyard, rare rear laneway parking, a separate entrance to the basement, and two walk-outs from the main floor - providing both everyday convenience and excellent long-term flexibility and upside.Enjoy the best of East End living just steps to vibrant cafes, restaurants, and everyday conveniences along Gerrard Street East, and minutes to the dynamic energy of Leslieville. Surrounded by parks, schools, and community amenities, this location offers the perfect balance of urban convenience and neighbourhood charm.With easy access to downtown, the Gardiner Expressway, and the DVP, commuting is effortless.An exceptional opportunity to create, invest, and grow in one of Toronto's most sought-after east-end communities.Buyers are advised to conduct their own due diligence and inspections regarding the property's condition.Property sold in "As is, Where is" condition with no representations or warranties as per Seller's instruction.
Estimate your monthly payments for this property
Estimated Payment
$5,129.49/mo
Includes CMHC insurance ($27,894)
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.
128 Galt Avenue, Riverdale / Leslieville
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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
Fair Market Value
At $909/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 48 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.
Detached Home Advantages
Detached homes in Leslieville are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Excellent Flexibility
With 6 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.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $4,166 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.