148 Rhodes Avenue, Toronto E01

Price: $1,749,999

4 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E12863534

Welcome to a Fully Renovated Leslieville Gem! Offering a total of ~2,460 sq ft of living space including the finished basement, this beautifully updated 3+1 bedroom detached home provides spacious, modern, and comfortable living in one of Toronto's most desirable neighbourhoods. Featuring 9 ft ceilings, the home offers bright principal rooms, quality finishes, and a versatile sitting room that can also serve as an additional bedroom. The renovated basement with a separate entrance is perfect for in-laws, guests, or rental potential. You'll also enjoy ample storage throughout, with all permits fully closed and available for review for complete peace of mind. The charming screened porch offers bonus living space and can be converted into a heated four-season room or kept as-is. Situated on a 25 x 110 ft lot with 2 private parking spots at the rear, this home places you in the heart of Leslieville-steps to cafés, boutique shops, parks, transit, and top-rated schools including George Étienne Cartier French School, Roden Alternative Public School, and Monarch Park CI. Minutes to downtown and major expressways.

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$1,749,999 - 148 Rhodes Avenue, Leslieville

Detached for Sale in Leslieville

98 days on market
4Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E12863534
Property Type
Detached
Status
active
Days on Site
98
Bedrooms
4
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Riverdale / Leslieville
Listing Brokerage
NEW ERA REAL ESTATE
Description

Welcome to a Fully Renovated Leslieville Gem! Offering a total of ~2,460 sq ft of living space including the finished basement, this beautifully updated 3+1 bedroom detached home provides spacious, modern, and comfortable living in one of Toronto's most desirable neighbourhoods. Featuring 9 ft ceilings, the home offers bright principal rooms, quality finishes, and a versatile sitting room that can also serve as an additional bedroom. The renovated basement with a separate entrance is perfect for in-laws, guests, or rental potential. You'll also enjoy ample storage throughout, with all permits fully closed and available for review for complete peace of mind. The charming screened porch offers bonus living space and can be converted into a heated four-season room or kept as-is. Situated on a 25 x 110 ft lot with 2 private parking spots at the rear, this home places you in the heart of Leslieville-steps to cafés, boutique shops, parks, transit, and top-rated schools including George Étienne Cartier French School, Roden Alternative Public School, and Monarch Park CI. Minutes to downtown and major expressways.

Mortgage Calculator

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Estimated Payment

$7,740.83/mo

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5-yr fixed avg.

Principal: $1,399,999Interest: $922,251
Mortgage Amount$1,399,999
Total Interest$922,251
Est. Property Tax$1,240/mo
Total Cost$2,322,250

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

148 Rhodes Avenue, Riverdale / Leslieville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
1.1%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$1,240
Insurance (est.)-$365
Net Cash Flow+$1,595

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

Premium Pricing

At $1167/sqft, this property is priced above the Leslieville average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 98 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Leslieville. Good resale value as demand remains consistent.

Bathroom Count Matters

With 4 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 $7,292 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    148 Rhodes Avenue, Riverdale… — $1,749,999 | Battaglia Team