56 Leuty Avenue, Toronto E02

Price: $2,499,000

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Multi-Family

MLS#: E13266030

Dream home steps to the beach on a rarely offered 32.5 ft wide lot on one of the most prestigious streets in the Beaches one block east of Kew Gardens.Detached 2 & 1/2 storey, 2 X 2 bedrooms units. Front yard parking/mutual drive. Williamson Rd Junior school district.This home represents the best of elegant beach living. Wake up and enjoy a morning coffee on your east facing circular pillared veranda before you take a few steps to the boardwalk for a morning stroll or scenic bike ride. This home has been tastefully converted to a legal Duplex with separate Hydro meters. This would help a co-purchasing or income generating opportunity or easily convert back to a grand single-family home. The main floor is a two-bedroom unit with Chefs kitchen, and walk out to the back deck and garden. The 2nd & 3rd floor is a two storey, two-bedroom suite with an oversized west facing sundeck. Radiant heating and A/C split wall units. Two wood burning fireplaces (primary and second floor). Hardwood floors throughout.Steps from the historic Leuty lifeguard tower, the idyllic Kew Gardens, Beaches library, lawn bowling, Paddle board and kayak rentals, basketball court, baseball diamond, gazebo for intimate theatre productions, ice rink, tennis courts, playground, ice cream parlor and snack bar. Close walk to the best of dining, shops and entertainment on Queen Street. Home is virtually staged.

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New Listing
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$2,499,000 - 56 Leuty Avenue, The Beaches

Multi-Family for Sale in The Beaches

New — Listed 5 days ago
4Beds
3Baths
2,000 - 2,499Sq Ft
Multi-Family
Property Details
MLS Number
E13266030
Property Type
Multi-Family
Status
active
Days on Site
5
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
The Beaches / Upper Beaches
Listing Brokerage
REAL ESTATE HOMEWARD
Description

Dream home steps to the beach on a rarely offered 32.5 ft wide lot on one of the most prestigious streets in the Beaches one block east of Kew Gardens.Detached 2 & 1/2 storey, 2 X 2 bedrooms units. Front yard parking/mutual drive. Williamson Rd Junior school district.This home represents the best of elegant beach living. Wake up and enjoy a morning coffee on your east facing circular pillared veranda before you take a few steps to the boardwalk for a morning stroll or scenic bike ride. This home has been tastefully converted to a legal Duplex with separate Hydro meters. This would help a co-purchasing or income generating opportunity or easily convert back to a grand single-family home. The main floor is a two-bedroom unit with Chefs kitchen, and walk out to the back deck and garden. The 2nd & 3rd floor is a two storey, two-bedroom suite with an oversized west facing sundeck. Radiant heating and A/C split wall units. Two wood burning fireplaces (primary and second floor). Hardwood floors throughout.Steps from the historic Leuty lifeguard tower, the idyllic Kew Gardens, Beaches library, lawn bowling, Paddle board and kayak rentals, basketball court, baseball diamond, gazebo for intimate theatre productions, ice rink, tennis courts, playground, ice cream parlor and snack bar. Close walk to the best of dining, shops and entertainment on Queen Street. Home is virtually staged.

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Estimated Payment

$11,053.92/mo

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5-yr fixed avg.

Principal: $1,999,200Interest: $1,316,976
Mortgage Amount$1,999,200
Total Interest$1,316,976
Est. Property Tax$1,770/mo
Total Cost$3,316,176

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: The Beaches / Upper Beaches

Discover The Beaches / Upper Beaches

The Beaches / Upper Beaches 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 The Beaches / Upper Beaches

  • Convenient location in The Beaches / Upper Beaches
  • 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

The Beaches / Upper Beaches 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

56 Leuty Avenue, The Beaches / Upper Beaches

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
0.5%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$0
Property Tax (est.)-$1,770
Insurance (est.)-$521
Net Cash Flow+$1,009

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 $1250/sqft, this property is priced above the The Beaches 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 The Beaches'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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to The Beaches. Good resale value as demand remains consistent.

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: The Beaches properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $10,413 (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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    56 Leuty Avenue, The Beaches… — $2,499,000 | Battaglia Team