$749,000 - 257 Rhodes Avenue, Leslieville
Semi-Detached for Sale in Leslieville
61 days on market- MLS Number
- E13009466
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 61
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Riverdale / Leslieville
- Listing Brokerage
- ROYAL LEPAGE RCR REALTY
Get ready to fall in love with 257 Rhodes Ave! The perfect blend of charm and character plus modern updates. Timeless curb appeal with solid red brick front exterior. Inside, light-filled living spaces create an effortless flow ideal for both everyday living and entertaining. This stunning home features spacious principle rooms and two recently renovated full bathrooms. A chic newly updated eat-in kitchen with stainless steel appliances. Sliding doors walk out to the back deck and deep fully fenced yard. Imagine relaxing in the outdoor sauna. Your very own private retreat! A primary bedroom large enough for a king bed plus the huge built-in closet with ample storage. The finished walk-out basement has been completely renovated with new flooring, insulation, pot lights and a gorgeous 3 piece bathroom. Perfect as a rec room, office or guest room. New AC('23), All new windows ('23), New owned tankless hot water tank ('21), New sump pump & waterproofed foundation ('24). Too many updates to list! This fabulous location is steps to the shops and restaurants on Gerrard as well TTC options. Easy access to Leslieville, The Beach or Downtown. All just minutes away. A warm and welcoming community where the neighbours know each other by name. This home, property and location truly have it all. Move-in ready so you can enjoy all this vibrant area has to offer right away. As they say: location, location, location!
Estimate your monthly payments for this property
Estimated Payment
$3,842.76/mo
Includes CMHC insurance ($20,897)
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.
257 Rhodes Avenue, Riverdale / Leslieville
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Rental income estimator & ROI calculator
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
Fair Market Value
At $1070/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 61 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.
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.
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 $3,121 (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.