$1,989,000 - 254 Bain Avenue, Leslieville
Detached for Sale in Leslieville
Popular Listing- MLS Number
- E13226334
- Property Type
- Detached
- Status
- active
- Days on Site
- 8
- Bedrooms
- 5
- Bathrooms
- 4
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Riverdale / Leslieville
- Listing Brokerage
- REAL ESTATE HOMEWARD
Detached? Check. Parking? Check. Family room? CHECK. Four large, bright bedrooms? Absolutely. A powder room and a primary ensuite? Yes, plus two additional bathrooms. Fully renovated from top to bottom and less than a two-minute walk to Withrow Park? Welcome to 254 Bain Avenue. Three-storey detached homes in Riverdale rarely come to market at this price point. Finding one with parking, a family room, and income potential is even rarer. Reimagined with permits (Permit No. 23 205216), this home was renovated for modern family living. The main floor offers a formal living room, dining area with extensive built-ins, a stunning kitchen with quartzite countertops and a large island, a designer powder room, and the feature every growing family wants but rarely finds in Riverdale: a family room overlooking the backyard. The second floor features three generous, light-filled bedrooms and a well appointed bathroom. The entire third floor is dedicated to a spectacular primary retreat complete with a designer ensuite and private terrace. Looking for a little help getting into a detached home in one of Toronto's most sought-after neighbourhoods? The lower level contains a legal, code-compliant apartment that can generate rental income or be easily reclaimed as additional family living space with a guest bedroom. And then there's the location. Just steps from the southeast corner of Withrow Park, one of Toronto's most beloved neighbourhood parks, you'll enjoy playgrounds, skating, sports fields, dog-friendly spaces, and year-round community events practically at your doorstep. Add a flat walk north on Carlaw to Chester and Pape stations, easy access to the Danforth, and coveted schools and it's easy to see why detached homes in this pocket rarely become available.
Estimate your monthly payments for this property
Estimated Payment
$8,798.02/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.
254 Bain 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
Premium Pricing
At $1326/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.
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 5 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 4 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 $8,288 (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.