$999,999 - 175 Jones Avenue Unit 2, Leslieville
Condo for Sale in Leslieville
60 days on market- MLS Number
- E13100040
- Property Type
- Condo
- Status
- active
- Days on Site
- 60
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,600 sqft
- Neighbourhood
- Riverdale / Leslieville
- Locker
- Owned
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- TORONTO CENTRAL INC.
Truly a one of one property that is both completely unique in substance and equally as unique in value. Set within a boutique church conversion at 175 Jones Avenue, this sprawling 3-storey residence offers 1,750 sq. ft. of interior living space at an unbeatable price per square foot with low maintenance fees. The heart of the home is a massive, open-concept social level featuring a chef's kitchen, sprawling living area, and grand dining space framed by stunning exposed brick and original curved vintage windows. Dramatic "open to below" architectural cutouts flood the space with natural light. The top floor houses two generous bedrooms, both walking out to private balconies. For additional living, the lower level features a versatile room with vaulted ceilings and a massive 15-foot window that serves as a 3rd bedroom or a grand home office. Totalling 1,870+ sq. ft. of indoor/outdoor space, this is a rare sanctuary in Leslieville. In addition to ample storage within the unit, it comes with a storage locker and parking space. You are located just steps from the vibrant Gerrard East corridor, a local favourite known for its eclectic mix of Michelin-recognized dining, trendy coffee shops, and artisanal breweries. With Greenwood Park and the best of Leslieville at your doorstep, this is a rare sanctuary in the city. Totalling 1,870+ sq. ft. of indoor/outdoor space.
Estimate your monthly payments for this property
Estimated Payment
$5,130.51/mo
Includes CMHC insurance ($27,900)
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 Riverdale / Leslieville
Riverdale / Leslieville 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 Riverdale / Leslieville
- •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
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
Riverdale / Leslieville 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.
175 Jones Avenue Unit 2, Riverdale / Leslieville
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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
Competitive Pricing
At $625/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.
Negotiation Opportunity
At 60 days on site, this property has exceeded the typical selling timeline for Leslieville. 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.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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: Leslieville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.