30R First Avenue, Toronto E01

Price: $1,074,888

0 bedrooms, 3 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: E12894878

Rare opportunity to acquire a unique three-unit building in the heart of South Riverdale-one of Toronto's most dynamic and evolving neighbourhoods. Located at 30R First Avenue, this well- maintained property features three self-contained units, each with separate hydro meters and roughed-in washrooms. All units have been freshly painted. This property offers excellent redevelopment potential. Situated on a laneway, it presents strong possibilities for laneway housing or residential intensification, subject to City approvals. Whether you're an investor, user, or builder, this is a rare chance to secure a flexible asset in a prime Toronto location with room to grow.

30R First Avenue - Detached photo 1 of 25 in Riverdale / Leslieville, Ontario
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$1,074,888 - 30R First Avenue, Leslieville

Detached for Sale in Leslieville

90 days on market
0Beds
3Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
E12894878
Property Type
Detached
Status
active
Days on Site
90
Bedrooms
0
Bathrooms
3
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Riverdale / Leslieville
Listing Brokerage
RE/MAX GOLD REALTY INC.
Description

Rare opportunity to acquire a unique three-unit building in the heart of South Riverdale-one of Toronto's most dynamic and evolving neighbourhoods. Located at 30R First Avenue, this well- maintained property features three self-contained units, each with separate hydro meters and roughed-in washrooms. All units have been freshly painted. This property offers excellent redevelopment potential. Situated on a laneway, it presents strong possibilities for laneway housing or residential intensification, subject to City approvals. Whether you're an investor, user, or builder, this is a rare chance to secure a flexible asset in a prime Toronto location with room to grow.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,754.59/mo

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5%20%50%

5-yr fixed avg.

Principal: $859,910Interest: $566,467
Mortgage Amount$859,910
Total Interest$566,467
Est. Property Tax$761/mo
Total Cost$1,426,377

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

30R First Avenue, Riverdale / Leslieville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,750/mo
Range: $2,338 - $3,162
Cap Rate (ROI)
2.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,750
Maintenance Fees-$0
Property Tax (est.)-$761
Insurance (est.)-$224
Net Cash Flow+$1,765

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

Competitive Pricing

At $430/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 90 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.

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 $4,479 (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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    30R First Avenue, Riverdale /… — $1,074,888 | Battaglia Team