$1,088,000 - 304 Riverdale Avenue, Leslieville
Detached for Sale in Leslieville
- MLS Number
- E13168406
- Property Type
- Detached
- Status
- active
- Days on Site
- 24
- Bedrooms
- 5
- Bathrooms
- 3
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Riverdale / Leslieville
- Listing Brokerage
- RIGHT AT HOME REALTY
In one of Toronto's most sought after east end neighbourhoods, right in the heart of Blake & Jones, this beautifully renovated detached home blends timeless character with the comfort and functionality modern families crave. Filled with natural light from oversized windows and skylights, the home feels bright, airy, and welcoming from the moment you walk in. Thoughtfully updated throughout, it features 3 oversized bedrooms, 3 bathrooms, a spacious living and dining area designed for both entertaining and everyday living, and an updated kitchen that seamlessly connects the home together. The professionally underpinned basement was transformed into a standout feature of the property, offering impressive ceiling height, polished concrete floors with in floor heating, oversized windows, a separate entrance, and a fully self contained legal apartment ideal for rental income, multigenerational living, or private guest space. Extensive upgrades over the years include hardwood flooring throughout, updated windows, 200 amp electrical service, sump pump, backwater valve, updated mechanicals, fencing, pergola, and exterior improvements, all completed with exceptional care and attention to detail. Outside, the private backyard oasis feels serene and secluded, highlighted by a stunning Japanese maple tree and inviting spaces to relax or entertain.Surrounded by some of the city's best parks, cafés, schools, restaurants, boutique shops, and everyday conveniences, this location offers an unmatched lifestyle rooted in walkability and community. With transit just steps away and easy access to the Danforth, Queen East, Gerrard, and downtown Toronto, this is the kind of home that rarely becomes available, a property where character, warmth, and modern living come together effortlessly.
Estimate your monthly payments for this property
Estimated Payment
$4,812.59/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.
304 Riverdale 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 $989/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 24 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.
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 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 $4,533 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.