648 Pape Avenue, Toronto E01

Price: $799,000

4 bedrooms, 2 bathrooms

1,500 - 1,999 sqft

Property Type: Semi-Detached

MLS#: E13450330

Your world is Riverdale. Your front door is on Pape. Step out the back, under the wisteria-covered pergola, through the laneway to the end of the street - and there you are at Withrow Park. Farmers market on Saturday morning, ball hockey in the afternoon, skating when the rink freezes. All of it, yours. Pape Station is four minutes away on foot. And somehow, it's quiet back there. Actually quiet. The kind of quiet you stop believing exists this close to everything. Inside, the ceilings are high and the energy is good, you can feel it even when the rooms are empty. Open flow, tons of light, a gas fireplace anchoring the space. This house has been filled with artists, musicians, and makers. Full of life, full of character, and ready for a little fresh love. Three spacious bedrooms and a 4-piece bath upstairs. Keep going and you hit the third-floor loft, its own world. It's been a beloved bedroom, coveted by everyone who's lived here. What will it be for you? The basement's hard work is already done, dug out, waterproofed, blank canvas ready. Someone gets to do the fun part. And then there's the laneway art space. Skylights pour light into a room built for creation - art, workshop, music, office, or something without a name yet. Rather have parking? It's yours to convert. The best neighbourhood, the best schools, the best Saturday mornings - usually you pay a premium just for the postal code. Here, you get all of it, and the house too.

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active
New Listing
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$799,000 - 648 Pape Avenue, Leslieville

Semi-Detached for Sale in Leslieville

New — Listed yesterday
4Beds
2Baths
1,500 - 1,999Sq Ft
Semi-Detached
Property Details
MLS Number
E13450330
Property Type
Semi-Detached
Status
active
Days on Site
1
Bedrooms
4
Bathrooms
2
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Riverdale / Leslieville
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

Your world is Riverdale. Your front door is on Pape. Step out the back, under the wisteria-covered pergola, through the laneway to the end of the street - and there you are at Withrow Park. Farmers market on Saturday morning, ball hockey in the afternoon, skating when the rink freezes. All of it, yours. Pape Station is four minutes away on foot. And somehow, it's quiet back there. Actually quiet. The kind of quiet you stop believing exists this close to everything. Inside, the ceilings are high and the energy is good, you can feel it even when the rooms are empty. Open flow, tons of light, a gas fireplace anchoring the space. This house has been filled with artists, musicians, and makers. Full of life, full of character, and ready for a little fresh love. Three spacious bedrooms and a 4-piece bath upstairs. Keep going and you hit the third-floor loft, its own world. It's been a beloved bedroom, coveted by everyone who's lived here. What will it be for you? The basement's hard work is already done, dug out, waterproofed, blank canvas ready. Someone gets to do the fun part. And then there's the laneway art space. Skylights pour light into a room built for creation - art, workshop, music, office, or something without a name yet. Rather have parking? It's yours to convert. The best neighbourhood, the best schools, the best Saturday mornings - usually you pay a premium just for the postal code. Here, you get all of it, and the house too.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,099.28/mo

Includes CMHC insurance ($22,292)

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5-yr fixed avg.

Principal: $719,100Interest: $488,393
Mortgage Amount$741,392
Total Interest$488,393
Est. Property Tax$566/mo
Total Cost$1,229,785

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

648 Pape Avenue, Riverdale / Leslieville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,200/mo
Range: $2,720 - $3,680
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,200
Maintenance Fees-$0
Property Tax (est.)-$566
Insurance (est.)-$166
Net Cash Flow+$2,468

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 $533/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.

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.

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.

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 Leslieville. Good resale value as demand remains consistent.

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 $3,329 (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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    648 Pape Avenue, Riverdale / Leslieville | $799,000 | Battaglia Team