255 Ashdale Avenue, Toronto E01

Price: $1,399,000

3 bedrooms, 4 bathrooms

1,500 - 1,999 sqft

Property Type: Detached

MLS#: E13092822

Welcome to the coolest house to hit the market in ages! There is nothing cookie-cutter about 255 Ashdale Ave! This spacious 3 bedroom, 4 bathroom detached home with parking sits in a dynamic, culturally abundant area of Leslieville. All 3 levels have in-floor radiant heating throughout keeping your toes warm and cozy wherever you are in the house! The main floor is super sexy with a 3 sided gas fireplace & Carerra marble surround. Elegant in the front, party in the back with the entertainer's kitchen, featuring a large centre island with built-in wine fridge & rack, 2 sinks and custom faucets, stainless steel appliances, abundant storage, an "eat-in" area to be used as best suits your needs, stylish powder room, and a walk-out to the landscaped backyard with a fire-pit area and a handy shed. Walk up the custom maple staircase with wrought iron pickets to the 2nd floor which features a primary retreat with custom wall to wall closets/shoe storage, a 5 pc ensuite with Neptune spa soaker tub big enough for two (purrrr) and a walkout to your private terrace, 2 additional bedrooms, and an updated 4 pc bath. The walk-out basement features an enormous rec room with high ceilings, custom built-ins, a laundry area with custom tile backsplash, a wood counter and built-in shelving and another 4 pc bath. The attic area also has heated floors (currently turned off) and is engineered and roughed in for another 600 sf of living space. The home brims with edginess while maintaining functionality and warmth. See attachments for full list of updates and special features of home.

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$1,399,000 - 255 Ashdale Avenue, Leslieville

Detached for Sale in Leslieville

40 days on market
3Beds
4Baths
1,500 - 1,999Sq Ft
Detached
Property Details
MLS Number
E13092822
Property Type
Detached
Status
active
Days on Site
40
Bedrooms
3
Bathrooms
4
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Riverdale / Leslieville
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Welcome to the coolest house to hit the market in ages! There is nothing cookie-cutter about 255 Ashdale Ave! This spacious 3 bedroom, 4 bathroom detached home with parking sits in a dynamic, culturally abundant area of Leslieville. All 3 levels have in-floor radiant heating throughout keeping your toes warm and cozy wherever you are in the house! The main floor is super sexy with a 3 sided gas fireplace & Carerra marble surround. Elegant in the front, party in the back with the entertainer's kitchen, featuring a large centre island with built-in wine fridge & rack, 2 sinks and custom faucets, stainless steel appliances, abundant storage, an "eat-in" area to be used as best suits your needs, stylish powder room, and a walk-out to the landscaped backyard with a fire-pit area and a handy shed. Walk up the custom maple staircase with wrought iron pickets to the 2nd floor which features a primary retreat with custom wall to wall closets/shoe storage, a 5 pc ensuite with Neptune spa soaker tub big enough for two (purrrr) and a walkout to your private terrace, 2 additional bedrooms, and an updated 4 pc bath. The walk-out basement features an enormous rec room with high ceilings, custom built-ins, a laundry area with custom tile backsplash, a wood counter and built-in shelving and another 4 pc bath. The attic area also has heated floors (currently turned off) and is engineered and roughed in for another 600 sf of living space. The home brims with edginess while maintaining functionality and warmth. See attachments for full list of updates and special features of home.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,188.25/mo

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5-yr fixed avg.

Principal: $1,119,200Interest: $737,275
Mortgage Amount$1,119,200
Total Interest$737,275
Est. Property Tax$991/mo
Total Cost$1,856,475

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

255 Ashdale 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)
1.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$991
Insurance (est.)-$291
Net Cash Flow+$1,518

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 $933/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.

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.

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.

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 $5,829 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    255 Ashdale Avenue, Riverdale… — $1,399,000 | Battaglia Team