$2,200,000 - 201 Rhodes Avenue, Leslieville
Detached for Sale in Leslieville
70 days on market- MLS Number
- E12979642
- Property Type
- Detached
- Status
- active
- Days on Site
- 70
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Riverdale / Leslieville
- Listing Brokerage
- RE/MAX WEST REALTY INC.
A rare offering in Leslieville, this home has been completely reimagined from the studs and thoughtfully expanded to deliver exceptional scale, refinement and versatility. Step into a light-filled, open-concept main floor where living and dining spaces unfold effortlessly into a beautifully appointed kitchen, featuring extensive custom cabinetry, integrated storage with hideaways for appliances, a central island and dedicated workspace. Toward the rear, the addition reveals a full bathroom, a main floor bedroom well-suited for guests or extended family, and a spacious family room with seamless walk-out to the deck and landscaped yard. The second level offers three well-proportioned bedrooms including a larger room with extra closets and its own ensuite, complemented by a thoughtfully designed laundry room with sink. The third storey presents a bright, adaptable retreat with walk-out to a large private terrace overlooking the backyard, ideal as a primary suite, executive workspace or multi-purpose lounge. The lower level has been professionally underpinned and waterproofed to achieve full ceiling height, and features a completely self-contained legal apartment with separate entrance and private laundry. All systems and finishes have been comprehensively updated. New windows, a commercially designed fire-rated home sprinkler system, sump pump, backwater valve and a hard-wired home security system provide an elevated standard of safety and peace of mind. The outdoor setting is equally considered, offering a spacious deck, yard and an extra-wide storage shed. Potential for a future parking pad at the front. Set on a quiet, tree-lined street in the heart of Leslieville, just steps to Queen Street East, cafes, acclaimed restaurants, parks, schools, TTC and the waterfront. A turnkey residence perfect for large or multi-generational families, offering elevated living in one of Toronto's most sought-after neighbourhoods. Some photos are virtually staged.
Estimate your monthly payments for this property
Estimated Payment
$9,731.34/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.
201 Rhodes 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
Fair Market Value
At $880/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.
Negotiation Opportunity
At 70 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 6 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 5 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 $9,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.