$995,000 - 7 Cleveland Street, Leaside
Semi-Detached for Sale in Leaside
42 days on market- MLS Number
- C13095080
- Property Type
- Semi-Detached
- Status
- active
- Days on Site
- 42
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Leaside / Davisville
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
Nestled on a quiet, tree-lined part of Cleveland Street, this warm, and inviting 2 storey, semi-detached home is exceptionally well located in one of Toronto's most desirable midtown neighbourhoods. The attractive solid masonry brickwork and front porch along with the pretty perennial front garden and interlocking brick driveway add to its charming curb appeal. Enjoy the ultimate convenience of legal front yard permit parking for one car. The well sized principal rooms and the versatile, functional layout lend itself seamlessly to comfortable family living and easy entertaining. The main floor offers a combined living room/dining room with a large window overlooking the front garden, a spacious eat-in kitchen with full size appliances, and a family room with a walk-out to the new deck and private fenced back garden. The second floor features a spacious primary bedroom with wall-to-wall closets, a second bedroom with a walk-in closet, and a white and bright 4-piece bathroom. The finished basement, with newly installed vinyl flooring, features the 3rd bedroom or recreation area, laundry room, utility area, and a 3-piece bathroom. Come and experience everything this sought after, family friendly, pocket in the coveted Maurice Cody Public School district has to offer. Tucked away, yet having all urban amenities and the best that Bayview and Mt. Pleasant have to offer just a stroll away. Truly a special opportunity to enter the vibrant and established Davisville community!
Estimate your monthly payments for this property
Estimated Payment
$5,104.87/mo
Includes CMHC insurance ($27,761)
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 Leaside / Davisville
Leaside / Davisville 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 Leaside / Davisville
- •Convenient location in Leaside / Davisville
- •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
Leaside / Davisville 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.
7 Cleveland Street, Leaside / Davisville
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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
Premium Pricing
At $1421/sqft, this property is priced above the Leaside 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.
Market Position
At 42 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 Leaside 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Investment Perspective
Looking at this as an investment: Leaside properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,146 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.