70 Munro Street Unit 3, Toronto E01

Price: $565,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: E13104240

Priced well based on recent sold per SqFt. Fantastic Opportunity to own your Downtown Toronto Property with affordable price for the fist time home buyers to enter the real estate. This generous Two(2)bed Townhouse is nestled in the vibrant Riverside neighborhood and is Ideal for professional couples/ Small family. Full size windows invites day lights through-out day. Laminate floors enables easy cleaning and allergy free home. Open concept floor plan is ideal for both daily living and entertaining. Modern kitchen includes stainless steel appliances. Private Terrace/balcony offers evening relaxation. Unit includes one parking. Visitor's parking available. Unlimited Fiber optics high speed internet. With excellent assigned and local public schools very close to this home, your kids will get a great education in the neighborhood. Close to all amenities, Great Schools. HWY. Public transportation etc...Some pics. are Virtually Staged. Must see! Act now. Smart move to own Now, Why rent?

70 Munro Street Unit 3 - Condo photo 1 of 28 in Riverdale / Leslieville, Ontario
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$565,000 - 70 Munro Street Unit 3, Leslieville

Condo for Sale in Leslieville

41 days on market
2Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
E13104240
Property Type
Condo
Status
active
Days on Site
41
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Riverdale / Leslieville
Locker
None
Exposure
East
Balcony
Open
Listing Brokerage
MODERN SOLUTION REALTY INC.
Description

Priced well based on recent sold per SqFt. Fantastic Opportunity to own your Downtown Toronto Property with affordable price for the fist time home buyers to enter the real estate. This generous Two(2)bed Townhouse is nestled in the vibrant Riverside neighborhood and is Ideal for professional couples/ Small family. Full size windows invites day lights through-out day. Laminate floors enables easy cleaning and allergy free home. Open concept floor plan is ideal for both daily living and entertaining. Modern kitchen includes stainless steel appliances. Private Terrace/balcony offers evening relaxation. Unit includes one parking. Visitor's parking available. Unlimited Fiber optics high speed internet. With excellent assigned and local public schools very close to this home, your kids will get a great education in the neighborhood. Close to all amenities, Great Schools. HWY. Public transportation etc...Some pics. are Virtually Staged. Must see! Act now. Smart move to own Now, Why rent?

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,898.74/mo

Includes CMHC insurance ($15,764)

$
$
5%10%50%

5-yr fixed avg.

Principal: $508,500Interest: $345,359
Mortgage Amount$524,264
Total Interest$345,359
Est. Property Tax$400/mo
Total Cost$869,623

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

70 Munro Street Unit 3, Riverdale / Leslieville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$390
Property Tax (est.)-$400
Insurance (est.)-$118
Net Cash Flow+$1,292

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 $942/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.

Market Position

At 41 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.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 600 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 $2,354 (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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    70 Munro Street Unit 3 | $565,000 | Battaglia Team