33 Earl Grey Road, Toronto E01

Price: $689,000

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Detached

MLS#: E12507480

Welcome to 33 Earl Grey Avenue, a detached two-bedroom bungalow full of potential in one of Toronto's most vibrant east-end neighbourhoods - The Pocket. This is your chance to get into the neighbourhood and make it your own. Whether you're looking to renovate, reimagine, or build new, this property offers an incredible opportunity to create a home that fits your vision and lifestyle. The existing home is ready for transformation, and the lot provides an excellent footprint for future plans - including exciting laneway housing potential. Set on a friendly, tree-lined street with an 87 Walk Score, you're just steps from Phin Park, a beloved local gathering spot, and within walking distance to the shops, restaurants, and cafés of the Danforth. Only a 10-minute walk to Donlands Station ensures quick and easy access to downtown, blending community warmth with urban convenience. Offering location, lifestyle, and limitless potential, 33 Earl Grey Avenue is ideal for first-time buyers, builders, or renovators looking to put down roots in one of Toronto's most connected and sought-after neighbourhoods.

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$689,000 - 33 Earl Grey Road, Leslieville

Detached for Sale in Leslieville

135 days on market
2Beds
1Baths
700 - 1,099Sq Ft
Detached
Property Details
MLS Number
E12507480
Property Type
Detached
Status
active
Days on Site
135
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Riverdale / Leslieville
Lot Size
1,700 sqft
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Welcome to 33 Earl Grey Avenue, a detached two-bedroom bungalow full of potential in one of Toronto's most vibrant east-end neighbourhoods - The Pocket. This is your chance to get into the neighbourhood and make it your own. Whether you're looking to renovate, reimagine, or build new, this property offers an incredible opportunity to create a home that fits your vision and lifestyle. The existing home is ready for transformation, and the lot provides an excellent footprint for future plans - including exciting laneway housing potential. Set on a friendly, tree-lined street with an 87 Walk Score, you're just steps from Phin Park, a beloved local gathering spot, and within walking distance to the shops, restaurants, and cafés of the Danforth. Only a 10-minute walk to Donlands Station ensures quick and easy access to downtown, blending community warmth with urban convenience. Offering location, lifestyle, and limitless potential, 33 Earl Grey Avenue is ideal for first-time buyers, builders, or renovators looking to put down roots in one of Toronto's most connected and sought-after neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,534.93/mo

Includes CMHC insurance ($19,223)

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5%10%50%

5-yr fixed avg.

Principal: $620,100Interest: $421,155
Mortgage Amount$639,323
Total Interest$421,155
Est. Property Tax$488/mo
Total Cost$1,060,478

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

33 Earl Grey Road, Riverdale / Leslieville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$488
Insurance (est.)-$144
Net Cash Flow+$1,768

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 $984/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 135 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 $2,871 (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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    33 Earl Grey Road, Riverdale / Leslieville | $689,000 | Battaglia Team