1321 Gerrard Street Unit 3, Toronto E01

Price: $699,900

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: E13559344

Modern townhouse offering 9'6" ceilings with open-concept. Kitchen overlooks breakfast bar, dining and living area with a walk-out to balcony. Enjoy the spacious, private rooftop terrace offering approx. 200 sq.ft. outdoor space with a gas BBQ hookup. Additional features include wood flooring throughout (no carpet), updated kitchen and bath fixtures. Stainless steel appliances, premium large-capacity washer/dryer. The functional layout compliments the floor to ceiling windows, brightening the home with natural lighting. Enjoy the convenience of city living, with being steps away from Greenwood Park, TTC access, trendy cafes, restaurants, shops, schools, grocery stores and just minutes away from the heart of Downtown Toronto. Includes 1 underground parking space and 1 storage locker. A wonderful opportunity to live in one of Leslieville's most vibrant Neighbourhoods.

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$699,900 - 1321 Gerrard Street Unit 3, Leslieville

Condo for Sale in Leslieville

41 days on market

Neighbourhood: Greenwood-Coxwell

2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
E13559344
Property Type
Condo
Status
active
Days on Site
41
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Riverdale / Leslieville
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
SRT HOMES REALTY BROKERAGE
Description

Modern townhouse offering 9'6" ceilings with open-concept. Kitchen overlooks breakfast bar, dining and living area with a walk-out to balcony. Enjoy the spacious, private rooftop terrace offering approx. 200 sq.ft. outdoor space with a gas BBQ hookup. Additional features include wood flooring throughout (no carpet), updated kitchen and bath fixtures. Stainless steel appliances, premium large-capacity washer/dryer. The functional layout compliments the floor to ceiling windows, brightening the home with natural lighting. Enjoy the convenience of city living, with being steps away from Greenwood Park, TTC access, trendy cafes, restaurants, shops, schools, grocery stores and just minutes away from the heart of Downtown Toronto. Includes 1 underground parking space and 1 storage locker. A wonderful opportunity to live in one of Leslieville's most vibrant Neighbourhoods.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,590.85/mo

Includes CMHC insurance ($19,527)

$
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5%10%50%

5-yr fixed avg.

Principal: $629,910Interest: $427,818
Mortgage Amount$649,437
Total Interest$427,818
Est. Property Tax$496/mo
Total Cost$1,077,255

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

1321 Gerrard Street Unit 3, Riverdale / Leslieville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$496
Insurance (est.)-$146
Net Cash Flow+$1,068

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 $700/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.

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.

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 $2,916 (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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    1321 Gerrard Street Unit 3 | $699,900 | Battaglia Team