$2,599,800 - 1351 Queen Street, Leslieville
Multi-Family for Sale in Leslieville
- MLS Number
- E13156810
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 20
- Bedrooms
- 13
- Bathrooms
- 6
- Square Feet
- 5,000+ sqft
- Neighbourhood
- Riverdale / Leslieville
- Listing Brokerage
- RE/MAX CROSSROADS REALTY INC.
Located in the heart of the vibrant Queen East corridor, this exceptional set of buildings offers far more than just a property - it delivers an authentic east-end Toronto lifestyle. Perfectly positioned between Leslieville, The Beaches, Little India, and the Danforth, this Greenwood-Coxwell location gives owners access to some of the city's most sought-after neighbourhood experiences. Build a six story building or rent this out. Enjoy walkable Queen East living with cafés, restaurants, local boutiques, parks, transit, and everyday amenities all close at hand. Steps to Greenwood Park, Woodbine Park, beach access, and streetcar routes, this is a neighbourhood known for its grounded community feel, urban convenience, and strong long-term appeal. Popular with young professionals, families, and lifestyle-driven buyers, the area continues to attract those seeking the east-end experience. Ideal opportunity for investors seeking strong rental demand and long-term appreciation, owner-users looking to offset costs with income potential, or small business owners wanting excellent visibility and neighbourhood credibility. Surrounded by excellent schools, including Duke of Connaught Junior and Senior Public School, Bowmore Road Junior and Senior Public School, Kew Beach Junior Public School, and Monarch Park Collegiate Institute. Queen East properties like this are highly sought after for their lifestyle appeal, income potential, visibility, and long-term land value.
Estimate your monthly payments for this property
Estimated Payment
$11,499.79/mo
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.
1351 Queen Street, Riverdale / Leslieville
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Rental income estimator & ROI calculator
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 $520/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.
Market Position
At 20 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Larger Home Realities
At 5,000 sqft, this is a substantial home. Budget approximately $400-600/month more for utilities compared to an average-sized home. Maintenance costs scale with size too - roof, HVAC, and cleaning all cost more. That said, space is a luxury that's hard to add later, and larger homes often have better resale in family-oriented neighbourhoods.
Excellent Flexibility
With 13 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 6 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 $10,833 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.