1050 Eastern Avenue Unit 1203, Toronto E01

Price: $1,929,000

3 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: E13118304

Welcome to QA Condos by RioCan, one of Toronto's most anticipated new addresses on Eastern Ave! This brand new 3-bedroom luxury residence offers nearly 1,600 sq ft of elegant open-concept living, paired with an expansive XL terrace showcasing unobstructed views of the lake, marina & Ashbridges Bay Park. Your own private oasis in the sky. The designer kitchen features premium finishes, custom cabinetry & a full Miele appliance package, ideal for everyday living & entertaining alike. A cozy fireplace anchors the bright, sun-filled living area. The primary retreat boasts a walk-in closet & spa-inspired 5-pc ensuite worthy of a boutique hotel. Two additional spacious bedrooms offer flexibility for family, guests, or a home office. Rare offering includes TWO underground parking spaces. Enjoy top-tier building amenities: fitness centre, yoga studio, co-working rooms & more. Steps to the boardwalk, marina, Ashbridges Bay Park, transit & the best restaurants on Queen East. Quick access to the DVP, Gardiner & downtown core. Brand new construction. Lakeside luxury living at its finest. You're going to love it here!

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$1,929,000 - 1050 Eastern Avenue Unit 1203, Leslieville

Condo for Sale in Leslieville

55 days on market

Neighbourhood: Greenwood-Coxwell

3Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
E13118304
Property Type
Condo
Status
active
Days on Site
55
Bedrooms
3
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Riverdale / Leslieville
Locker
None
Exposure
South East
Balcony
Terrace
Listing Brokerage
RE/MAX PROFESSIONALS INC.
Description

Welcome to QA Condos by RioCan, one of Toronto's most anticipated new addresses on Eastern Ave! This brand new 3-bedroom luxury residence offers nearly 1,600 sq ft of elegant open-concept living, paired with an expansive XL terrace showcasing unobstructed views of the lake, marina & Ashbridges Bay Park. Your own private oasis in the sky. The designer kitchen features premium finishes, custom cabinetry & a full Miele appliance package, ideal for everyday living & entertaining alike. A cozy fireplace anchors the bright, sun-filled living area. The primary retreat boasts a walk-in closet & spa-inspired 5-pc ensuite worthy of a boutique hotel. Two additional spacious bedrooms offer flexibility for family, guests, or a home office. Rare offering includes TWO underground parking spaces. Enjoy top-tier building amenities: fitness centre, yoga studio, co-working rooms & more. Steps to the boardwalk, marina, Ashbridges Bay Park, transit & the best restaurants on Queen East. Quick access to the DVP, Gardiner & downtown core. Brand new construction. Lakeside luxury living at its finest. You're going to love it here!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$8,532.62/mo

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5-yr fixed avg.

Principal: $1,543,200Interest: $1,016,585
Mortgage Amount$1,543,200
Total Interest$1,016,585
Est. Property Tax$1,366/mo
Total Cost$2,559,785

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: Greenwood-Coxwell

Discover Greenwood-Coxwell

Greenwood-Coxwell 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 Greenwood-Coxwell

  • 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

Greenwood-Coxwell 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

1050 Eastern Avenue Unit 1203, Riverdale / Leslieville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
0.3%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$1,366
Insurance (est.)-$402
Net Cash Flow+$402

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 $1378/sqft, this property is priced above the Leslieville 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.

Negotiation Opportunity

At 55 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.

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.

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.

About Greenwood-Coxwell

I know Greenwood-Coxwell well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

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 $8,038 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    1050 Eastern Avenue Unit 1203 | $1,929,000 | Battaglia Team