201 Rhodes Avenue, Toronto E01

Price: $1,799,000

6 bedrooms, 5 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: E13433502

Architecturally unique and exceptionally versatile, this detached Leslieville residence offers thoughtfully designed living space across four finished levels. The sun-filled main floor features expansive principal rooms and a beautifully customized kitchen with extensive cabinetry, integrated appliance storage, a large centre island and workspace. At the rear, a spacious family room opens to the deck and backyard, while a rare main-floor bedroom and full bath provide flexibility for guests, multigenerational living or a home office. Upstairs, three generous bedrooms include an oversized bedroom with additional closet space and ensuite access, complemented by a laundry room with sink. The third-floor retreat features a private terrace overlooking the backyard and is ideally suited as a primary suite, studio, executive office or additional living space. The professionally underpinned and waterproofed lower level offers full ceiling height and a legal self-contained apartment with separate entrance and private laundry, ideal for extended family, nanny accommodations or income potential. Comprehensively reimagined from the studs out, the home has undergone a significant renovation including a rear addition, expanded third-floor loft with soaring ceilings, and extensive structural, mechanical and aesthetic improvements throughout. New windows, a commercial-grade fire-rated sprinkler system, sump pump, backwater valve and hard-wired security system reflect the quality and care invested throughout. Enjoy a landscaped backyard with entertaining deck, extra-wide storage shed and potential for future front parking. Situated on a quiet tree-lined street steps to Queen Street East, parks, schools, TTC, the waterfront and Leslieville's popular cafes and restaurants, this turnkey home delivers exceptional space, flexibility and value in one of Toronto's most desirable east-end communities.

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active
New Listing
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$1,799,000 - 201 Rhodes Avenue, Leslieville

Detached for Sale in Leslieville

New — Listed yesterday
6Beds
5Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
E13433502
Property Type
Detached
Status
active
Days on Site
1
Bedrooms
6
Bathrooms
5
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Riverdale / Leslieville
Listing Brokerage
RE/MAX WEST REALTY INC.
Description

Architecturally unique and exceptionally versatile, this detached Leslieville residence offers thoughtfully designed living space across four finished levels. The sun-filled main floor features expansive principal rooms and a beautifully customized kitchen with extensive cabinetry, integrated appliance storage, a large centre island and workspace. At the rear, a spacious family room opens to the deck and backyard, while a rare main-floor bedroom and full bath provide flexibility for guests, multigenerational living or a home office. Upstairs, three generous bedrooms include an oversized bedroom with additional closet space and ensuite access, complemented by a laundry room with sink. The third-floor retreat features a private terrace overlooking the backyard and is ideally suited as a primary suite, studio, executive office or additional living space. The professionally underpinned and waterproofed lower level offers full ceiling height and a legal self-contained apartment with separate entrance and private laundry, ideal for extended family, nanny accommodations or income potential. Comprehensively reimagined from the studs out, the home has undergone a significant renovation including a rear addition, expanded third-floor loft with soaring ceilings, and extensive structural, mechanical and aesthetic improvements throughout. New windows, a commercial-grade fire-rated sprinkler system, sump pump, backwater valve and hard-wired security system reflect the quality and care invested throughout. Enjoy a landscaped backyard with entertaining deck, extra-wide storage shed and potential for future front parking. Situated on a quiet tree-lined street steps to Queen Street East, parks, schools, TTC, the waterfront and Leslieville's popular cafes and restaurants, this turnkey home delivers exceptional space, flexibility and value in one of Toronto's most desirable east-end communities.

Mortgage Calculator

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Estimated Payment

$7,957.58/mo

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5-yr fixed avg.

Principal: $1,439,200Interest: $948,075
Mortgage Amount$1,439,200
Total Interest$948,075
Est. Property Tax$1,274/mo
Total Cost$2,387,275

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

201 Rhodes Avenue, Riverdale / Leslieville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,350/mo
Range: $3,698 - $5,003
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,350
Maintenance Fees-$0
Property Tax (est.)-$1,274
Insurance (est.)-$375
Net Cash Flow+$2,701

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 $720/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Leslieville's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 $7,496 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    201 Rhodes Avenue, Riverdale… — $1,799,000 | Battaglia Team