29 Frances Loring Lane Unit 6, Toronto E01

Price: $718,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: E13165454

Embrace a lifestyle of effortless sophistication in this beautifully appointed townhome, perfectly nestled where the cultural energy of Riverdale meets the artistic charm of Riverside and Leslieville. Crafted for the design-conscious, this carpet-free sanctuary features a fluid open-concept layout bathed in the warm, golden glow of a western exposure, capturing brilliant afternoon light and cinematic sunsets.At the heart of the home, the kitchen invites both creation and connection. Anchored by a sweeping granite island and breakfast bar, it sets an elegant stage for slow morning coffees or intimate evening conversations over wine. Culinary pursuits are grounded by a true gas range, complemented by a newer French-door refrigerator and a brand-new built-in microwave-effortlessly balancing everyday function with refined style.The living space extends seamlessly upwards to your crowning jewel: a spectacular 259-square-foot private rooftop terrace. Complete with a gas BBQ ready for summer soirées, this sky-bound retreat is framed by breathtaking panoramic views of the iconic CN Tower skyline.Beyond your doorstep, the neighborhood unfolds as a natural extension of your home. The lush canopy of Joel Weeks Park sits just outside, while the sweeping vistas of Riverdale Park East are a short stroll away. The vibrant pulse of Queen Street East beckons with its indie cafes, niche boutiques, and celebrated cultural landmarks like the Broadview Hotel.Fusing a boutique urban aesthetic with absolute convenience, this home includes secure underground parking, ultra-fast Beanfield internet (covered in maintenance fees), and premier transit access via streetcars, the DVP, and the future Ontario Line. This is more than a beautiful layout; it is a curated urban oasis designed for a life well-lived.

29 Frances Loring Lane Unit 6 - Condo photo 1 of 39 in Riverdale / Leslieville, Ontario
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New Listing
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$718,000 - 29 Frances Loring Lane Unit 6, Leslieville

Condo for Sale in Leslieville

New — Listed 2 days ago
2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
E13165454
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Riverdale / Leslieville
Locker
Owned
Exposure
West
Balcony
Terrace
Listing Brokerage
AIMHOME REALTY INC.
Description

Embrace a lifestyle of effortless sophistication in this beautifully appointed townhome, perfectly nestled where the cultural energy of Riverdale meets the artistic charm of Riverside and Leslieville. Crafted for the design-conscious, this carpet-free sanctuary features a fluid open-concept layout bathed in the warm, golden glow of a western exposure, capturing brilliant afternoon light and cinematic sunsets.At the heart of the home, the kitchen invites both creation and connection. Anchored by a sweeping granite island and breakfast bar, it sets an elegant stage for slow morning coffees or intimate evening conversations over wine. Culinary pursuits are grounded by a true gas range, complemented by a newer French-door refrigerator and a brand-new built-in microwave-effortlessly balancing everyday function with refined style.The living space extends seamlessly upwards to your crowning jewel: a spectacular 259-square-foot private rooftop terrace. Complete with a gas BBQ ready for summer soirées, this sky-bound retreat is framed by breathtaking panoramic views of the iconic CN Tower skyline.Beyond your doorstep, the neighborhood unfolds as a natural extension of your home. The lush canopy of Joel Weeks Park sits just outside, while the sweeping vistas of Riverdale Park East are a short stroll away. The vibrant pulse of Queen Street East beckons with its indie cafes, niche boutiques, and celebrated cultural landmarks like the Broadview Hotel.Fusing a boutique urban aesthetic with absolute convenience, this home includes secure underground parking, ultra-fast Beanfield internet (covered in maintenance fees), and premier transit access via streetcars, the DVP, and the future Ontario Line. This is more than a beautiful layout; it is a curated urban oasis designed for a life well-lived.

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Estimate your monthly payments for this property

Estimated Payment

$3,683.71/mo

Includes CMHC insurance ($20,032)

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5-yr fixed avg.

Principal: $646,200Interest: $438,881
Mortgage Amount$666,232
Total Interest$438,881
Est. Property Tax$509/mo
Total Cost$1,105,114

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

29 Frances Loring Lane Unit 6, Riverdale / Leslieville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$509
Insurance (est.)-$150
Net Cash Flow+$1,021

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 $898/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.

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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 800 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 $2,992 (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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