195 Munro Street, Toronto E01

Price: $699,000

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Townhouse

MLS#: E13173334

Home on Munro. There's a weeping cherry blossom just steps from the front door. It blooms every spring, and it belongs to the street. That's the kind of place this is.195 Munro sits in one of Riverside's quietest pockets, south of Gerrard, where the neighbours actually know each other. The Facebook group gets used. The porch chats are real. The sellers came from condo life and never expected any of it. For a west-facing home, it's surprisingly bright. In summer, the upstairs windows look out onto a wall of green. The backyard feels bigger than it is, with a deck, a patch of grass, and a shed that earns its keep every season. The kitchen is the anchor. Big, with a window over the counter and enough prep space to actually cook and have company. Upstairs bathroom updated with a glass shower door and new sink. New dishwasher in 2021. Downstairs, a full 2021 renovation brought a new furnace, tankless water heater, AC, Bosch washer and dryer, and a larger bathroom. The character stayed. The important stuff got better. Parking is surprisingly easy. The cross street one house south means there's almost always a spot close enough to see your front door. Step outside and Completo is basically next door. Lady Marmalade and Dark Horse are a short walk. East Chinatown covers last-minute groceries and everything else. Queen Street is close, with vintage shops, hole-in-the-wall restaurants, and fitness studios. And when you need to reset, Riverdale Farm is just across the bridge. Baby animals show up every March. The sellers will miss the neighbours most. That says everything.

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$699,000 - 195 Munro Street, Leslieville

Townhouse for Sale in Leslieville

2Beds
2Baths
700 - 1,099Sq Ft
Townhouse
Property Details
MLS Number
E13173334
Property Type
Townhouse
Status
active
Days on Site
21
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Riverdale / Leslieville
Listing Brokerage
SAGE REAL ESTATE LIMITED
Description

Home on Munro. There's a weeping cherry blossom just steps from the front door. It blooms every spring, and it belongs to the street. That's the kind of place this is.195 Munro sits in one of Riverside's quietest pockets, south of Gerrard, where the neighbours actually know each other. The Facebook group gets used. The porch chats are real. The sellers came from condo life and never expected any of it. For a west-facing home, it's surprisingly bright. In summer, the upstairs windows look out onto a wall of green. The backyard feels bigger than it is, with a deck, a patch of grass, and a shed that earns its keep every season. The kitchen is the anchor. Big, with a window over the counter and enough prep space to actually cook and have company. Upstairs bathroom updated with a glass shower door and new sink. New dishwasher in 2021. Downstairs, a full 2021 renovation brought a new furnace, tankless water heater, AC, Bosch washer and dryer, and a larger bathroom. The character stayed. The important stuff got better. Parking is surprisingly easy. The cross street one house south means there's almost always a spot close enough to see your front door. Step outside and Completo is basically next door. Lady Marmalade and Dark Horse are a short walk. East Chinatown covers last-minute groceries and everything else. Queen Street is close, with vintage shops, hole-in-the-wall restaurants, and fitness studios. And when you need to reset, Riverdale Farm is just across the bridge. Baby animals show up every March. The sellers will miss the neighbours most. That says everything.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,586.23/mo

Includes CMHC insurance ($19,502)

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5-yr fixed avg.

Principal: $629,100Interest: $427,268
Mortgage Amount$648,602
Total Interest$427,268
Est. Property Tax$495/mo
Total Cost$1,075,870

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

195 Munro Street, Riverdale / Leslieville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$0
Property Tax (est.)-$495
Insurance (est.)-$146
Net Cash Flow+$1,559

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

Fair Market Value

At $999/sqft, this property is priced in line with current Leslieville market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 21 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.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Leslieville have shown strong appreciation as families seek more space.

Efficient Living

At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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 $2,913 (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.

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    195 Munro Street, Riverdale / L… — $699,000 | Battaglia Team