1285 Queen Street Unit 403, Toronto E01

Price: $629,000

2 bedrooms, 2 bathrooms

600 sqft

Property Type: Condo

MLS#: E12731556

Experience modern boutique living at The Poet, a sought-after 6-storey residence in the heart of Leslieville. This virtually staged, upgraded 2-bedroom, 2-bathroom suite features a highly functional split-bedroom layout, offering exceptional privacy and everyday comfort. The bright open-concept living and dining area is framed by floor-to-ceiling windows and flows seamlessly to a large private balcony, ideal for relaxing or entertaining with city views. The chef-inspired kitchen is equipped with premium built-in appliances, a paneled fridge and dishwasher, and sleek contemporary cabinetry. The spacious primary bedroom includes a spa-inspired ensuite, ample closet space, and direct balcony access. The second bedroom is perfect for guests, a home office, or family use. Additional highlights include engineered European oak flooring, upgraded shower finishes, a welcoming foyer with built-in storage, in-suite laundry, and same-floor locker access. Parking and locker included. Residents enjoy premium amenities including a fitness centre, party/meeting room, pet spa, bike storage, visitor parking, and a stunning rooftop garden terrace with gas BBQs and sweeping city skyline views. Ideally located steps to Queen Street East, transit, parks, shops, cafés, and restaurants, with The Beach minutes away. A refined urban home offering lifestyle, convenience, and long-term value.

1285 Queen Street Unit 403 - Condo photo 1 of 31 in Riverdale / Leslieville, Ontario
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$629,000 - 1285 Queen Street Unit 403, Leslieville

Condo for Sale in Leslieville

134 days on market
2Beds
2Baths
600Sq Ft
Condo
Property Details
MLS Number
E12731556
Property Type
Condo
Status
active
Days on Site
134
Bedrooms
2
Bathrooms
2
Square Feet
600 sqft
Neighbourhood
Riverdale / Leslieville
Locker
Owned
Exposure
North
Balcony
Terrace
Listing Brokerage
RIGHT AT HOME REALTY
Description

Experience modern boutique living at The Poet, a sought-after 6-storey residence in the heart of Leslieville. This virtually staged, upgraded 2-bedroom, 2-bathroom suite features a highly functional split-bedroom layout, offering exceptional privacy and everyday comfort. The bright open-concept living and dining area is framed by floor-to-ceiling windows and flows seamlessly to a large private balcony, ideal for relaxing or entertaining with city views. The chef-inspired kitchen is equipped with premium built-in appliances, a paneled fridge and dishwasher, and sleek contemporary cabinetry. The spacious primary bedroom includes a spa-inspired ensuite, ample closet space, and direct balcony access. The second bedroom is perfect for guests, a home office, or family use. Additional highlights include engineered European oak flooring, upgraded shower finishes, a welcoming foyer with built-in storage, in-suite laundry, and same-floor locker access. Parking and locker included. Residents enjoy premium amenities including a fitness centre, party/meeting room, pet spa, bike storage, visitor parking, and a stunning rooftop garden terrace with gas BBQs and sweeping city skyline views. Ideally located steps to Queen Street East, transit, parks, shops, cafés, and restaurants, with The Beach minutes away. A refined urban home offering lifestyle, convenience, and long-term value.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,227.10/mo

Includes CMHC insurance ($17,549)

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5%10%50%

5-yr fixed avg.

Principal: $566,100Interest: $384,480
Mortgage Amount$583,649
Total Interest$384,480
Est. Property Tax$446/mo
Total Cost$968,129

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

1285 Queen Street Unit 403, Riverdale / Leslieville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$446
Insurance (est.)-$131
Net Cash Flow+$1,233

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 $1048/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 134 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 600 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.

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 $2,621 (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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    1285 Queen Street Unit 403, Riv… — $629,000 | Battaglia Team