1602 Queen Street Unit PH, Toronto E01

Price: $5,000

2 bedrooms, 3 bathrooms

1,200 sqft

Property Type: Condo

MLS#: E13565920

A unique opportunity for an urban family to move into a modern New York-style multi-level penthouse loft with 9-foot exposed wood ceilings and modern finishes throughout the top two floors of a newly finished boutique building with only 5 units. Ideally nestled between the vibrant Leslieville and tranquil Beach for you to enjoy the best of both worlds. The elevator takes you directly to your unit. Bright and spacious floor plan is ideal for a large family or roommates. Large windows, oversized terrace facing the city, ensuite bathrooms in each bedroom, fully equipped kitchen and radiant heated floors which will keep you warm and cozy in winter. One parking space is included and pets are welcome with restrictions. Just steps away from the beach, bike trails, parks, shopping, entertainment, restaurants, bars, and TTC.

1602 Queen Street Unit PH - Condo photo 1 of 26 in Riverdale / Leslieville, Ontario
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$5,000/mo - 1602 Queen Street Unit PH, Leslieville

Condo for Rent in Leslieville

39 days on market

Neighbourhood: Greenwood-Coxwell

2Beds
3Baths
1,200Sq Ft
Condo
Property Details
MLS Number
E13565920
Property Type
Condo
Status
active
Days on Site
39
Bedrooms
2
Bathrooms
3
Square Feet
1,200 sqft
Neighbourhood
Riverdale / Leslieville
Locker
None
Exposure
North South
Balcony
Terrace
Listing Brokerage
RIGHT AT HOME REALTY
Description

A unique opportunity for an urban family to move into a modern New York-style multi-level penthouse loft with 9-foot exposed wood ceilings and modern finishes throughout the top two floors of a newly finished boutique building with only 5 units. Ideally nestled between the vibrant Leslieville and tranquil Beach for you to enjoy the best of both worlds. The elevator takes you directly to your unit. Bright and spacious floor plan is ideal for a large family or roommates. Large windows, oversized terrace facing the city, ensuite bathrooms in each bedroom, fully equipped kitchen and radiant heated floors which will keep you warm and cozy in winter. One parking space is included and pets are welcome with restrictions. Just steps away from the beach, bike trails, parks, shopping, entertainment, restaurants, bars, and TTC.

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

1602 Queen Street Unit PH, Riverdale / Leslieville

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Rental Market Analysis

How this lease stacks up against the local rental market

Asking Rent
$5,000/mo
↑ Above typical 2-bed market rent
Annual Rent Cost
$60,000
12 × monthly rent

Estimated Monthly Budget

Asking Rent$5,000/mo
Utilities (est.)~$130/mo
Est. Total Monthly Cost~$5,130/mo

Things to Confirm Before Signing

· Are utilities included, or separate?

· How many parking spots are included?

· Is the landlord open to a 1-year or 2-year lease?

· Are pets and small renovations (paint, hooks) allowed?

· When was the last rent increase, if there is a prior tenant?

Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Above Market Rent

At $5,000/mo, this is asking above the typical 2-bedroom rent of ~$2,900/mo in Leslieville. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.

Market Position

At 39 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.

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 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.

Lease Terms to Negotiate

Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.

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    1602 Queen Street Unit PH | $5,000 | Battaglia Team