24 Richard Avenue, Toronto E01

Price: $999,000

4 bedrooms, 2 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: E12943782

The Leslieville Home You've Been Waiting For. Welcome to 24 Richard Ave - where thoughtful updates, standout charm, and an unbeatable location come together in one of Leslieville's favourite pockets. This renovated 3-bedroom, 2-bathroom semi is the definition of move-in ready. With new flooring throughout and two beautifully renovated bathrooms, every inch of this home feels clean and welcoming. The main floor strikes that perfect balance between modern finishes and timeless character, highlighted by a stunning exposed brick wall that adds warmth, texture, and undeniable charm - the kind of feature that instantly makes a house feel like home. The layout is fantastic. Bright, functional, and designed for real life - whether you're hosting friends, unwinding after a long day, or juggling the rhythm of a growing household. Upstairs, the primary bedroom comfortably fits a king-sized bed (yes, actually), giving you the kind of space that's coveted in this style of home. Two additional bedrooms offer flexibility for family, guests, or a dedicated work-from-home setup. Downstairs, the finished basement delivers that extra space everyone wants - perfect for movie nights, playroom, or your own home gym. And then there's the curb appeal... a stunning Magnolia tree out front that turns heads and steals the show every spring. Location? Tough to beat. You're just steps from Greenwood Park - one of the east end's most famous green spaces, featuring a dog park, baseball diamonds, outdoor pool, playground, skating rinks, and a weekly farmer's market that runs from May through October. All this, plus easy access to everything you need on Queen St E, shops and restaurants on Gerrard St E, groceries, and multiple transit options . Updated. Character-filled. Perfectly located.

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$999,000 - 24 Richard Avenue, Leslieville

Semi-Detached for Sale in Leslieville

78 days on market
4Beds
2Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
E12943782
Property Type
Semi-Detached
Status
active
Days on Site
78
Bedrooms
4
Bathrooms
2
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Riverdale / Leslieville
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

The Leslieville Home You've Been Waiting For. Welcome to 24 Richard Ave - where thoughtful updates, standout charm, and an unbeatable location come together in one of Leslieville's favourite pockets. This renovated 3-bedroom, 2-bathroom semi is the definition of move-in ready. With new flooring throughout and two beautifully renovated bathrooms, every inch of this home feels clean and welcoming. The main floor strikes that perfect balance between modern finishes and timeless character, highlighted by a stunning exposed brick wall that adds warmth, texture, and undeniable charm - the kind of feature that instantly makes a house feel like home. The layout is fantastic. Bright, functional, and designed for real life - whether you're hosting friends, unwinding after a long day, or juggling the rhythm of a growing household. Upstairs, the primary bedroom comfortably fits a king-sized bed (yes, actually), giving you the kind of space that's coveted in this style of home. Two additional bedrooms offer flexibility for family, guests, or a dedicated work-from-home setup. Downstairs, the finished basement delivers that extra space everyone wants - perfect for movie nights, playroom, or your own home gym. And then there's the curb appeal... a stunning Magnolia tree out front that turns heads and steals the show every spring. Location? Tough to beat. You're just steps from Greenwood Park - one of the east end's most famous green spaces, featuring a dog park, baseball diamonds, outdoor pool, playground, skating rinks, and a weekly farmer's market that runs from May through October. All this, plus easy access to everything you need on Queen St E, shops and restaurants on Gerrard St E, groceries, and multiple transit options . Updated. Character-filled. Perfectly located.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,125.39/mo

Includes CMHC insurance ($27,872)

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5-yr fixed avg.

Principal: $899,100Interest: $610,644
Mortgage Amount$926,972
Total Interest$610,644
Est. Property Tax$708/mo
Total Cost$1,537,616

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

24 Richard Avenue, Riverdale / Leslieville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$708
Insurance (est.)-$208
Net Cash Flow+$2,284

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 $908/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 78 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Leslieville. Good resale value as demand remains consistent.

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 $4,163 (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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    24 Richard Avenue, Riverdale / Leslieville | $999,000 | Battaglia Team