175 Jones Avenue Unit 2, Toronto E01

Price: $1,249,000

3 bedrooms, 3 bathrooms

1,600 sqft

Property Type: Condo

MLS#: E13159686

Truly a one of one property that is both completely unique in substance and equally as unique in value. Set within a boutique church conversion at 175 Jones Avenue, this sprawling 3-storey residence offers 1,750 sq. ft. of interior living space at an unbeatable price per square foot with low maintenance fees. The heart of the home is a massive, open-concept social level featuring a chef's kitchen, sprawling living area, and grand dining space framed by stunning exposed brick and original curved vintage windows. Dramatic "open to below" architectural cutouts flood the space with natural light. The top floor houses two generous bedrooms, both walking out to private balconies. For additional living, the lower level features a versatile room with vaulted ceilings and a massive 15-foot window that serves as a 3rd bedroom or a grand home office. Totalling 1,870+ sq. ft. of indoor/outdoor space, this is a rare sanctuary in Leslieville. In addition to ample storage within the unit, it comes with a storage locker and parking space. You are located just steps from the vibrant Gerrard East corridor, a local favourite known for its eclectic mix of Michelin-recognized dining, trendy coffee shops, and artisanal breweries. With Greenwood Park and the best of Leslieville at your doorstep, this is a rare sanctuary in the city. Totalling 1,870+ sq. ft. of indoor/outdoor space.

175 Jones Avenue Unit 2 - Condo photo 1 of 27 in Riverdale / Leslieville, Ontario
175 Jones Avenue Unit 2 - Condo photo 2 of 27 in Riverdale / Leslieville, Ontario
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$1,249,000 - 175 Jones Avenue Unit 2, Leslieville

Condo for Sale in Leslieville

3Beds
3Baths
1,600Sq Ft
Condo
Property Details
MLS Number
E13159686
Property Type
Condo
Status
active
Days on Site
20
Bedrooms
3
Bathrooms
3
Square Feet
1,600 sqft
Neighbourhood
Riverdale / Leslieville
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
TORONTO CENTRAL INC.
Description

Truly a one of one property that is both completely unique in substance and equally as unique in value. Set within a boutique church conversion at 175 Jones Avenue, this sprawling 3-storey residence offers 1,750 sq. ft. of interior living space at an unbeatable price per square foot with low maintenance fees. The heart of the home is a massive, open-concept social level featuring a chef's kitchen, sprawling living area, and grand dining space framed by stunning exposed brick and original curved vintage windows. Dramatic "open to below" architectural cutouts flood the space with natural light. The top floor houses two generous bedrooms, both walking out to private balconies. For additional living, the lower level features a versatile room with vaulted ceilings and a massive 15-foot window that serves as a 3rd bedroom or a grand home office. Totalling 1,870+ sq. ft. of indoor/outdoor space, this is a rare sanctuary in Leslieville. In addition to ample storage within the unit, it comes with a storage locker and parking space. You are located just steps from the vibrant Gerrard East corridor, a local favourite known for its eclectic mix of Michelin-recognized dining, trendy coffee shops, and artisanal breweries. With Greenwood Park and the best of Leslieville at your doorstep, this is a rare sanctuary in the city. Totalling 1,870+ sq. ft. of indoor/outdoor space.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,524.75/mo

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5%20%50%

5-yr fixed avg.

Principal: $999,200Interest: $658,224
Mortgage Amount$999,200
Total Interest$658,224
Est. Property Tax$885/mo
Total Cost$1,657,424

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

175 Jones Avenue Unit 2, Riverdale / Leslieville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$1,040
Property Tax (est.)-$885
Insurance (est.)-$260
Net Cash Flow+$1,055

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

Competitive Pricing

At $781/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.

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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

Bathroom Count Matters

With 3 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 $5,204 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    175 Jones Avenue Unit 2, Rive… — $1,249,000 | Battaglia Team