28 Richard Avenue, Toronto E01

Price: $1,348,000

3 bedrooms, 3 bathrooms

1,100 - 1,499 sqft

Property Type: Semi-Detached

MLS#: E13153454

Welcome to 28 Richard Ave in Prime Leslieville. Masterfully redesigned and completely reconstructed from a back-to-the-studs gut, this exceptional residence offers the structural peace of mind of a brand-new build with premium architectural finishes. Fully permitted and executed with uncompromising quality, the home features 3 generous bedrooms and 3 custom-designed bathrooms. The bright, open-concept main floor features high-end millwork and a seamless layout engineered for sophisticated entertaining and modern family life. The fully finished basement expands the living footprint significantly, boasting a large recreation room and a versatile home office or 4th bedroom-perfect for guests or remote work. A rare, turnkey masterpiece where every mechanical, electrical, and structural detail has been entirely replaced and upgraded. Just move in. Steps to Greenwood Park, Fantastic restaurants, Minutes to downtown and Expressways!

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New Listing
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$1,348,000 - 28 Richard Avenue, Leslieville

Semi-Detached for Sale in Leslieville

New — Listed 4 days ago
3Beds
3Baths
1,100 - 1,499Sq Ft
Semi-Detached
Property Details
MLS Number
E13153454
Property Type
Semi-Detached
Status
active
Days on Site
4
Bedrooms
3
Bathrooms
3
Square Feet
1,100 - 1,499 sqft
Neighbourhood
Riverdale / Leslieville
Listing Brokerage
REAL ESTATE HOMEWARD
Description

Welcome to 28 Richard Ave in Prime Leslieville. Masterfully redesigned and completely reconstructed from a back-to-the-studs gut, this exceptional residence offers the structural peace of mind of a brand-new build with premium architectural finishes. Fully permitted and executed with uncompromising quality, the home features 3 generous bedrooms and 3 custom-designed bathrooms. The bright, open-concept main floor features high-end millwork and a seamless layout engineered for sophisticated entertaining and modern family life. The fully finished basement expands the living footprint significantly, boasting a large recreation room and a versatile home office or 4th bedroom-perfect for guests or remote work. A rare, turnkey masterpiece where every mechanical, electrical, and structural detail has been entirely replaced and upgraded. Just move in. Steps to Greenwood Park, Fantastic restaurants, Minutes to downtown and Expressways!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,962.66/mo

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5-yr fixed avg.

Principal: $1,078,400Interest: $710,398
Mortgage Amount$1,078,400
Total Interest$710,398
Est. Property Tax$955/mo
Total Cost$1,788,798

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

28 Richard 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)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$955
Insurance (est.)-$281
Net Cash Flow+$1,564

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 $1225/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Leslieville's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 3 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 $5,617 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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