$759,999 - 1285 Queen Street Unit 206, Leslieville
Condo for Sale in Leslieville
105 days on market- MLS Number
- E12805012
- Property Type
- Condo
- Status
- active
- Days on Site
- 105
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Riverdale / Leslieville
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE PROALLIANCE REALTY
Welcome to The Poet, an intimate boutique residence in the heart of Leslieville. This highly sought after 2nd floor corner suite offers desirable north exposure and beautiful natural light throughout the day, with open views along vibrant Queen Street East. Thoughtfully designed, this spacious 2 bedroom plus large den layout stands apart. The second bedroom includes an east-facing window that brings in gorgeous morning light, creating a bright and comfortable space. The oversized den offers true flexibility and is ideal for a dedicated home office, library, nursery, or guest area. The open concept living and dining space flows seamlessly from a sleek modern kitchen with integrated appliances and contemporary cabinetry. Nine-foot ceilings and floor to ceiling windows enhance the sense of space and light, while the corner positioning adds privacy and an airy feel throughout. A standout feature is the generous 119 square foot balcony, accessible from both the living room and the primary bedroom. This expansive outdoor space truly extends your living area and provides the perfect setting for outdoor dining, entertaining, morning coffee, or relaxed evenings. For added convenience, the locker is located right outside the unit. Residents enjoy premium building amenities including a concierge, rooftop Sky Garden with gas BBQs and lounge seating, a fully equipped and modern gym, a stylish party room with wet bar, theatre screen and plush seating, a pet spa, an in-house bike repair station, and direct access to Maple Leaf Forever Park. With the 24 hour Queen streetcar just steps from the door and the Martin Goodman Trail nearby, this location offers seamless connectivity in one of Toronto's most sought-after neighborhoods.
Estimate your monthly payments for this property
Estimated Payment
$3,899.19/mo
Includes CMHC insurance ($21,204)
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.
1285 Queen Street Unit 206, 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 $950/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 105 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.
Efficient Living
At 800 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $3,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.