1331 Queen Street Unit Th01, Toronto E01

Price: $1,469,000

4 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: New Construction

MLS#: E13839364

Welcome to the best of both worlds in the heart of Leslieville. This condo townhouse offers freehold-style living with the ease and security of resort-inspired condo amenities just outside your door. Tucked into one of the east end's most sought-after communities, this rare townhome offers over 2,000 square feet of elevated indoor-outdoor space, with direct access from your private garage and laneway off of Memory Lane. No elevators, no shared hallways, just effortless, independent living. Enter on the ground level into an elevated mudroom, thoughtfully designed with abundant closet space, a built-in bench, and dedicated storage for shoes and coats. The kind of practical, drop-everything entry that keeps daily life organized. This level also opens onto your private walkout terrace, a true extension of the home that lives like your own backyard, with zero-maintenance decking, a gas BBQ hookup, and plenty of room for dining or weekend lounging. Head upstairs to a sun-filled main level designed for quiet mornings and easy connection, where wide-plank bleached oak hardwoods, oversized windows, and a custom chef's kitchen with stone surfaces, a gas range, and sleek cabinetry set the tone for slow coffees or gatherings with friends. The next level offers two flexible bedrooms suited to however you live: one currently set up as a cozy media lounge with a large sectional and TV, perfect as a private movie room or easily converted back to a bedroom, and a second currently used as a home office that fits a queen bed with ease. Finally, the top floor is yours alone - a private primary suite with its own spa-inspired ensuite and terrace, ideal for sunrise coffees or evening wine above the city. From attentive concierge service to a fully equipped gym, pet spa and around the clock service, this is the rare kind of home that lives like a house but feels like a getaway, all just steps from Queen East's best restaurants, cafes, and transit.

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active

$1,469,000 - 1331 Queen Street Unit Th01, Leslieville

New Construction for Sale in Leslieville

Popular Listing

Neighbourhood: South Riverdale

4Beds
3Baths
2,000 - 2,499Sq Ft
New Construction

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Property Details
MLS Number
E13839364
Property Type
New Construction
Status
active
Days on Site
8
Bedrooms
4
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Riverdale / Leslieville
Taxes (2026)
$8,252
Maintenance Fees
$810/mo
Locker
None
Exposure
North South
Balcony
Terrace
Listing Brokerage
SAGE REAL ESTATE LIMITED
Description

Welcome to the best of both worlds in the heart of Leslieville. This condo townhouse offers freehold-style living with the ease and security of resort-inspired condo amenities just outside your door. Tucked into one of the east end's most sought-after communities, this rare townhome offers over 2,000 square feet of elevated indoor-outdoor space, with direct access from your private garage and laneway off of Memory Lane. No elevators, no shared hallways, just effortless, independent living. Enter on the ground level into an elevated mudroom, thoughtfully designed with abundant closet space, a built-in bench, and dedicated storage for shoes and coats. The kind of practical, drop-everything entry that keeps daily life organized. This level also opens onto your private walkout terrace, a true extension of the home that lives like your own backyard, with zero-maintenance decking, a gas BBQ hookup, and plenty of room for dining or weekend lounging. Head upstairs to a sun-filled main level designed for quiet mornings and easy connection, where wide-plank bleached oak hardwoods, oversized windows, and a custom chef's kitchen with stone surfaces, a gas range, and sleek cabinetry set the tone for slow coffees or gatherings with friends. The next level offers two flexible bedrooms suited to however you live: one currently set up as a cozy media lounge with a large sectional and TV, perfect as a private movie room or easily converted back to a bedroom, and a second currently used as a home office that fits a queen bed with ease. Finally, the top floor is yours alone - a private primary suite with its own spa-inspired ensuite and terrace, ideal for sunrise coffees or evening wine above the city. From attentive concierge service to a fully equipped gym, pet spa and around the clock service, this is the rare kind of home that lives like a house but feels like a getaway, all just steps from Queen East's best restaurants, cafes, and transit.

Mortgage Calculator

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Estimated Payment

$6,497.88/mo

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5%20%50%

5-yr fixed avg.

Principal: $1,175,200Interest: $774,165
Mortgage Amount$1,175,200
Total Interest$774,165
Est. Property Tax$1,041/mo
Total Cost$1,949,365

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: South Riverdale

Discover South Riverdale

South Riverdale 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 South Riverdale

  • •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

South Riverdale 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

1331 Queen Street Unit Th01, Riverdale / Leslieville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,300/mo
Range: $2,805 - $3,795
Cap Rate (ROI)
0.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,300
Maintenance Fees-$810
Property Tax (est.)-$1,041
Insurance (est.)-$306
Net Cash Flow+$1,143

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 $735/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.

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 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.

About South Riverdale

I know South Riverdale 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 $6,121 (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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    1331 Queen Street Unit Th01 | $1,469,000 | Battaglia Team