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Multi-Family for Sale in Leaside
160 days on market- MLS Number
- C12668054
- Property Type
- Multi-Family
- Status
- active
- Days on Site
- 160
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Leaside / Davisville
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Welcome to 12 Belsize Drive, a rare offering in the heart of Davisville Village. As the first residential home off Yonge Street, this charming duplex blends historic character with thoughtful modern updates. Extensively upgraded by the current owner, highlights include a city-approved front parking pad extension with heated interlock driveway, a new retaining wall, heated flagstone steps, lush landscaping, handsome stonework, and a new roof (2017). Additional upgrades feature a fully waterproofed basement (2017), high-efficiency furnace, new boiler, 200-amp electrical service, and a Kinetico alkaline water filtration system. The main floor reveals a stylish one-bedroom apartment with original exposed brick, engineered hardwood floors, preserved crown mouldings, and a stunning stained glass window. The kitchen shines with a generous quartz island, custom cabinetry, marble tile flooring, and a striking backsplash. The bedroom showcases an original fireplace, while the bathroom offers quartz finishes, new lighting, and a spacious linen closet. At the rear, a versatile den with Bosch stacked laundry opens to a ground-level walkout and fenced backyard - perfect as a home office or sunny sitting room. The upper level features two spacious bedrooms and a living room centred around an original fireplace with a new gas insert. The kitchen and laundry area have been refreshed with new finishes and built-ins for added functionality. The lower level offers a bright and modern one-bedroom suite with updated kitchen and appliances, ideal for extended family, guests, or rental income. Outside, legal front and rear parking are a rare Midtown find. The front porch has been refreshed with new windows and doors, while a new backyard shed and upgraded storm door add convenience. Located in vibrant Mount Pleasant West, 12 Belsize is steps to top-ranking schools, Davisville Station, parks, shops, and cafés. A truly exceptional opportunity in one of Midtown's most desirable enclaves.
Estimate your monthly payments for this property
Estimated Payment
$10,607.16/mo
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.
12 Belsize Drive, Leaside / Davisville
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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 $1599/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.
Negotiation Opportunity
At 160 days on site, this property has exceeded the typical selling timeline for Leaside. 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.
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 Leaside. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 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: Leaside properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $9,992 (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.