203 Rhodes Avenue, Toronto E01

Price: $1,150,000

3 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E13171404

Charming Edwardian cottage curb appeal meets a surprisingly spacious, renovated 2+1 bedroom bungalow with a soaring 12-ft ceilings in a rear addition that floods the home with natural light. Inside, the generous dining room is designed for memorable gatherings, with room to linger long after dinner. A sunny bay-window nook creates the perfect home-office perch overlooking the pretty tree-lined street. The breathtaking living room and kitchen combo offers incredible volume and warmth, with ample space to relax in front of your big-screen TV. The kitchen features full-height cabinetry, a breakfast bar, and a bright, inviting atmosphere. A beautifully spa-inspired bathroom serves the main level. The serene primary bedroom includes a beautiful bay window and wall-to-wall closets, while the second bedroom features stylish pocket doors. A large rear entry provides the opportunity to create a separate entrance to the basement, which already includes a rough-in for a kitchenette (water and 220 plug). The lower level offers a spacious rec room with built-in bookshelves, pot lights, vinyl floors, a 3-piece bath, kids' play zone, a second home-office nook, laundry, and space for an additional bedroom. Outside, enjoy two stone patios, green space, and a garden shed-perfect for kids, pets or entertaining. A rare 3-car private driveway ensures parking is always easy. Set between the vibrant shops and trendy restaurants of Gerrard St. and Queen St., this home sits in one of Toronto's most sought-after neighbourhoods. Walk to Greenwood Park, stroll to the lake, and enjoy transit at your door with quick access to major highways. On a 30-ft lot with potential to build up or expand, this is a unique opportunity to live, grow, and invest in the heart of Leslieville.

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$1,150,000 - 203 Rhodes Avenue, Leslieville

Detached for Sale in Leslieville

Neighbourhood: Greenwood-Coxwell

3Beds
2Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E13171404
Property Type
Detached
Status
active
Days on Site
20
Bedrooms
3
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Riverdale / Leslieville
Listing Brokerage
RE/MAX HALLMARK ESTATE GROUP REALTY LTD.
Description

Charming Edwardian cottage curb appeal meets a surprisingly spacious, renovated 2+1 bedroom bungalow with a soaring 12-ft ceilings in a rear addition that floods the home with natural light. Inside, the generous dining room is designed for memorable gatherings, with room to linger long after dinner. A sunny bay-window nook creates the perfect home-office perch overlooking the pretty tree-lined street. The breathtaking living room and kitchen combo offers incredible volume and warmth, with ample space to relax in front of your big-screen TV. The kitchen features full-height cabinetry, a breakfast bar, and a bright, inviting atmosphere. A beautifully spa-inspired bathroom serves the main level. The serene primary bedroom includes a beautiful bay window and wall-to-wall closets, while the second bedroom features stylish pocket doors. A large rear entry provides the opportunity to create a separate entrance to the basement, which already includes a rough-in for a kitchenette (water and 220 plug). The lower level offers a spacious rec room with built-in bookshelves, pot lights, vinyl floors, a 3-piece bath, kids' play zone, a second home-office nook, laundry, and space for an additional bedroom. Outside, enjoy two stone patios, green space, and a garden shed-perfect for kids, pets or entertaining. A rare 3-car private driveway ensures parking is always easy. Set between the vibrant shops and trendy restaurants of Gerrard St. and Queen St., this home sits in one of Toronto's most sought-after neighbourhoods. Walk to Greenwood Park, stroll to the lake, and enjoy transit at your door with quick access to major highways. On a 30-ft lot with potential to build up or expand, this is a unique opportunity to live, grow, and invest in the heart of Leslieville.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,086.84/mo

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5-yr fixed avg.

Principal: $920,000Interest: $606,051
Mortgage Amount$920,000
Total Interest$606,051
Est. Property Tax$815/mo
Total Cost$1,526,051

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: Greenwood-Coxwell

Discover Greenwood-Coxwell

Greenwood-Coxwell 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 Greenwood-Coxwell

  • 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

Greenwood-Coxwell 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

203 Rhodes Avenue, Riverdale / Leslieville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$815
Insurance (est.)-$240
Net Cash Flow+$1,745

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

Premium Pricing

At $1643/sqft, this property is priced above the Leslieville average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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.

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.

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.

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.

About Greenwood-Coxwell

I know Greenwood-Coxwell well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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    203 Rhodes Avenue, Riverdale… — $1,150,000 | Battaglia Team