1021 Craven Road, Toronto E01

Price: $1,599,000

4 bedrooms, 4 bathrooms

2,500 - 2,999 sqft

Property Type: Detached

MLS#: E13025460

Welcome to 1021 Craven Road, an incredible bright and spacious 3-storey detached home in the heart of East York, just steps to the subway and the shops, cafés, and restaurants along the Danforth. Freshly painted and offering approximately 2,538 sq. ft. of interior living space, this home, built in 2001 features 3 bedrooms and 3 bathrooms, with a functional layout designed for both everyday living and entertaining. The main living areas are warm and inviting, complemented by classic finishes and an abundance of natural light throughout. A standout feature is the expansive family room with soaring 12+ ft ceilings and a walk-out to a quiet, private balcony; creating a unique and airy gathering space rarely found in the area. The kitchen and living spaces flow comfortably, offering flexibility for families and hosting. The primary suite occupies the whole third floor and serves as a true private retreat, complete with an ensuite, huge walk-in closet and a walk-out to an exceptionally private rooftop deck, ideal for relaxing or enjoying quiet outdoor time. The finished lower level adds valuable additional space with a separate room and bathroom, perfect for guests, a home office, or recreation...whatever the next chapter of your life needs it to be. Outside, the backyard offers a peaceful private setting, while the rooftop deck provides an additional private outdoor escape. A coveted private driveway and attached garage add everyday convenience and offer parking for up to 3 cars, a rarely in East York. Located in a highly desirable neighbourhood, this home is surrounded by transit, parks, top schools, and all the amenities of the Danforth. A rare opportunity to own a spacious, quality-built detached home in one of East York's most connected communities. A Must See

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$1,599,000 - 1021 Craven Road, Leslieville

Detached for Sale in Leslieville

77 days on market
4Beds
4Baths
2,500 - 2,999Sq Ft
Detached
Property Details
MLS Number
E13025460
Property Type
Detached
Status
active
Days on Site
77
Bedrooms
4
Bathrooms
4
Square Feet
2,500 - 2,999 sqft
Neighbourhood
Riverdale / Leslieville
Listing Brokerage
RIGHT AT HOME REALTY
Description

Welcome to 1021 Craven Road, an incredible bright and spacious 3-storey detached home in the heart of East York, just steps to the subway and the shops, cafés, and restaurants along the Danforth. Freshly painted and offering approximately 2,538 sq. ft. of interior living space, this home, built in 2001 features 3 bedrooms and 3 bathrooms, with a functional layout designed for both everyday living and entertaining. The main living areas are warm and inviting, complemented by classic finishes and an abundance of natural light throughout. A standout feature is the expansive family room with soaring 12+ ft ceilings and a walk-out to a quiet, private balcony; creating a unique and airy gathering space rarely found in the area. The kitchen and living spaces flow comfortably, offering flexibility for families and hosting. The primary suite occupies the whole third floor and serves as a true private retreat, complete with an ensuite, huge walk-in closet and a walk-out to an exceptionally private rooftop deck, ideal for relaxing or enjoying quiet outdoor time. The finished lower level adds valuable additional space with a separate room and bathroom, perfect for guests, a home office, or recreation...whatever the next chapter of your life needs it to be. Outside, the backyard offers a peaceful private setting, while the rooftop deck provides an additional private outdoor escape. A coveted private driveway and attached garage add everyday convenience and offer parking for up to 3 cars, a rarely in East York. Located in a highly desirable neighbourhood, this home is surrounded by transit, parks, top schools, and all the amenities of the Danforth. A rare opportunity to own a spacious, quality-built detached home in one of East York's most connected communities. A Must See

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$7,072.92/mo

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5-yr fixed avg.

Principal: $1,279,200Interest: $842,675
Mortgage Amount$1,279,200
Total Interest$842,675
Est. Property Tax$1,133/mo
Total Cost$2,121,875

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

1021 Craven Road, Riverdale / Leslieville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,550/mo
Range: $3,018 - $4,082
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,550
Maintenance Fees-$0
Property Tax (est.)-$1,133
Insurance (est.)-$333
Net Cash Flow+$2,084

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 $640/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.

Negotiation Opportunity

At 77 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.

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.

Bathroom Count Matters

With 4 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: Leslieville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $6,663 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1021 Craven Road | $1,599,000 | Battaglia Team