$699,786 - 1321 Gerrard Street Unit 3, Leslieville
Condo for Sale in Leslieville
New — Listed yesterday- MLS Number
- E12953352
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Riverdale / Leslieville
- Locker
- Owned
- Exposure
- North
- Balcony
- Terrace
- Listing Brokerage
- SRT HOMES REALTY BROKERAGE
Modern 3-storey stacked townhouse in the heart of East Village Leslieville. This bright 2 bed, 2 bath home offers 9'6" smooth ceilings, floor-to-ceiling windows, and an open-concept living and dining area with a seamless walk-out to a private balcony-perfect for morning coffee or relaxing after a busy day. The highlight is the approx. 200 sq.ft. private rooftop terrace with unobstructed views and gas BBQ hookup, ideal for entertaining, enjoying sunsets, or creating your own urban oasis. Additional features include wood flooring throughout (no carpet), updated kitchen and bath fixtures, and a premium large-capacity washer/dryer. The functional layout and natural light make this home feel spacious and inviting. Enjoy the convenience of city living with steps to Greenwood Park, trendy cafes, restaurants, shops, and TTC access, with downtown just minutes away. Includes 1 underground parking space and 1 locker-rare in the area. A wonderful opportunity to live in one of Leslieville's most vibrant Neighbourhood.
Estimate your monthly payments for this property
Estimated Payment
$3,590.26/mo
Includes CMHC insurance ($19,524)
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.
1321 Gerrard Street Unit 3, 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
Competitive Pricing
At $700/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Leslieville's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
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 $2,916 (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.