174 Heward Avenue, Toronto E01

Price: $2,499,000

6 bedrooms, 3 bathrooms

2,000 - 2,499 sqft

Property Type: Detached

MLS#: E13858282

ONE OF A KIND! A remarkable century home in Leslieville with a professionally designed soundproof music studio! Welcome to the Grand Dame of Heward Avenue, one of Leslieville's most picturesque tree-lined streets. This charming 6-bedroom Edwardian has been lovingly restored, preserving exceptional period details including cove ceilings, stained glass, ceiling medallions, oak trim, quarter-sawn white oak and maple hardwood floors, decorative fireplaces and a gracious curved front porch with ornate original pillars and balusters. A true architectural time capsule, thoughtfully updated for modern living. Downstairs, discover the expansive soundproof floating music studio designed by Pilchner Schoustal Inc., featuring 9-foot ceilings, large windows and warm birchwood floors. A dream space for musicians, recording artists and creatives, it also offers endless possibilities as a recreation room, home theatre, office, gym or private in-law suite. Upstairs, two bedrooms have been converted to a family room and second-floor laundry. Both upper floors offer west-facing CN Tower views, while the third-floor primary suite features a full bathroom and adjoining bedroom, ideal for a nursery, office or dressing room. Set on a generous 25 x 118 ft. lot with a beautiful perennial garden and coveted two-car garage. Close to shops, restaurants, the Beach, Danforth, highways and downtown, plus it's in the catchment area for Riverdale CI and Morse PS (French Immersion)! New subway/GO transit hub slated for 2030. Note: laneway suite and expansion potential! A truly special home on a street known for wonderful neighbours, lively street parties and fantastic Halloween festivities!

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active
New Listing

$2,499,000 - 174 Heward Avenue, Leslieville

Detached for Sale in Leslieville

New — Listed 4 days ago

Neighbourhood: South Riverdale

6Beds
3Baths
2,000 - 2,499Sq Ft
Detached

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Property Details
MLS Number
E13858282
Property Type
Detached
Status
active
Days on Site
4
Bedrooms
6
Bathrooms
3
Square Feet
2,000 - 2,499 sqft
Neighbourhood
Riverdale / Leslieville
Taxes (2026)
$7,788
Listing Brokerage
REAL ESTATE HOMEWARD
Description

ONE OF A KIND! A remarkable century home in Leslieville with a professionally designed soundproof music studio! Welcome to the Grand Dame of Heward Avenue, one of Leslieville's most picturesque tree-lined streets. This charming 6-bedroom Edwardian has been lovingly restored, preserving exceptional period details including cove ceilings, stained glass, ceiling medallions, oak trim, quarter-sawn white oak and maple hardwood floors, decorative fireplaces and a gracious curved front porch with ornate original pillars and balusters. A true architectural time capsule, thoughtfully updated for modern living. Downstairs, discover the expansive soundproof floating music studio designed by Pilchner Schoustal Inc., featuring 9-foot ceilings, large windows and warm birchwood floors. A dream space for musicians, recording artists and creatives, it also offers endless possibilities as a recreation room, home theatre, office, gym or private in-law suite. Upstairs, two bedrooms have been converted to a family room and second-floor laundry. Both upper floors offer west-facing CN Tower views, while the third-floor primary suite features a full bathroom and adjoining bedroom, ideal for a nursery, office or dressing room. Set on a generous 25 x 118 ft. lot with a beautiful perennial garden and coveted two-car garage. Close to shops, restaurants, the Beach, Danforth, highways and downtown, plus it's in the catchment area for Riverdale CI and Morse PS (French Immersion)! New subway/GO transit hub slated for 2030. Note: laneway suite and expansion potential! A truly special home on a street known for wonderful neighbours, lively street parties and fantastic Halloween festivities!

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Estimated Payment

$11,053.92/mo

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5-yr fixed avg.

Principal: $1,999,200Interest: $1,316,976
Mortgage Amount$1,999,200
Total Interest$1,316,976
Est. Property Tax$1,770/mo
Total Cost$3,316,176

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

174 Heward Avenue, Riverdale / Leslieville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,100/mo
Range: $3,485 - $4,715
Cap Rate (ROI)
0.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$4,100
Maintenance Fees-$0
Property Tax (est.)-$1,770
Insurance (est.)-$521
Net Cash Flow+$1,809

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 $1250/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Leslieville's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Detached Home Advantages

Detached homes in Leslieville are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.

Excellent Flexibility

With 6 bedrooms, you have genuine flexibility. Beyond the master and kids' rooms, you can have a dedicated home office, guest room, hobby space, or even rental income potential. In today's work-from-home era, extra bedrooms add significant value. Properties with 5+ bedrooms are relatively rare in Leslieville.

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.

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    174 Heward Avenue | $2,499,000 | Battaglia Team