$998,000 - 140 Jones Avenue, Leslieville
Semi-Detached for Sale in Leslieville
69 days on market- MLS Number
- E12965840
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 69
- Bedrooms
- 5
- Bathrooms
- 2
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Riverdale / Leslieville
- Listing Brokerage
- FOX MARIN ASSOCIATES LTD.
Keeping up with the 'Joneses' with your very own double header. A cozy two-unit dwelling with a library's list of potential. This bright Leslieville home features snug alcoves, spacious room sizes & a generous serving of old-school common sense, the perfect blend of "pretty" meets "practicality". We dare you to check out the engine under this hood.Now let's talk about it. This is a true 2.5-storey South Riverdale semi that gives you real options. Live in one, rent the other, or run it as a full income property without a wink of compromise. Two fully self-contained units with clean separation, no awkward overlap, no guesswork. It works!The first suite spans the lower and main levels at approximately 1,236 sq ft, with a layout that prioritizes usability, separation where you want it, and flow where you need it. At entry, a long, open living & dining space is anchored by an updated kitchen that's simple, functional, and dialled in. Plenty of prep space, clean cabinetry, nothing overthought. The lower level pulls its weight with a proper bedroom or rec space, full bath, and bonus storage, including a cold room.The fresh & airy principal suite lives on the second and third floors at approximately 884 sq ft and feels like its own private world. Bright, quiet, and removed in all the right ways. The second floor offers two solid bedrooms, a contemporary eat-in kitchen and a full bath with layouts that make sense, no wasted corners, no forced compromises. Then the third floor hits. A full loft-style living room that's oversized, light-filled, and flexible. Lounge, work, create, repeat.Or, flip the script entirely. Remove the second kitchen, open up the front entry, and voila, you've got yourself a clean single-family play. Done and dusted with no strings attached.
Estimate your monthly payments for this property
Estimated Payment
$5,120.26/mo
Includes CMHC insurance ($27,844)
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.
140 Jones Avenue, Riverdale / Leslieville
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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 $665/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.
Negotiation Opportunity
At 69 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 5 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.
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 $4,158 (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.