$1,990,000 - 201 Rhodes Avenue, Leslieville
Detached for Sale in Leslieville
40 days on market- MLS Number
- E13091072
- Property Type
- Detached
- Status
- active
- Days on Site
- 40
- Bedrooms
- 6
- Bathrooms
- 5
- Square Feet
- 2,500 - 2,999 sqft
- Neighbourhood
- Riverdale / Leslieville
- Listing Brokerage
- RE/MAX WEST REALTY INC.
An architecturally distinct detached home in the heart of Leslieville, thoughtfully designed to deliver exceptional space, flexibility and modern family living across every level. Step into a light-filled main floor where expansive living and dining spaces flow seamlessly into a beautifully appointed kitchen featuring extensive custom cabinetry, integrated appliance storage, a large central island and dedicated workspace. Toward the rear, the addition reveals a spacious family room with walk-out to the deck and landscaped yard, along with a rare main-floor bedroom and full bathroom, ideal for guests, multigenerational living, a private office or flexible everyday use. The second level offers three generously sized bedrooms, including a larger bedroom with additional closet space and ensuite access, complemented by a thoughtfully designed laundry room with sink. The third floor presents a bright, adaptable retreat with walk-out to a private terrace overlooking the backyard, ideal as a luxurious primary suite, executive workspace, studio or lounge. The professionally underpinned and waterproofed lower level features full ceiling height and a completely self-contained legal apartment with separate entrance and private laundry, offering exceptional flexibility for extended family, nanny accommodations or supplemental income. Comprehensively updated throughout, the home includes new windows, a commercially designed fire-rated sprinkler system, sump pump, backwater valve and hard-wired security system. Outdoors, enjoy a spacious deck, landscaped yard and extra-wide storage shed, with potential for a future front parking pad.Located on a quiet tree-lined street steps to Queen Street East, cafés, acclaimed restaurants, parks, schools, TTC and the waterfront, this is a rare opportunity to own a truly turnkey urban family home in one of Toronto's most sought-after east-end neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$8,802.44/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
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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 $796/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 40 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.
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 $8,292 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.