$1,098,000 - 23 Myrtle Avenue, Leslieville
Townhouse for Sale in Leslieville
Neighbourhood: South Riverdale
- MLS Number
- E13469098
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 18
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Riverdale / Leslieville
- Listing Brokerage
- HOMELIFE G1 REALTY INC.
Fully Renovated house in the heart of Leslieville offers a unique opportunity for homeowners and investors alike. Freehold townhouse with two kitchens, It's perfect for living and renting, or for two couples to share in comfort and privacy. Situated in a prime location, this home is within walking distance of Riverdale Collegiate Institute, Home Depot, various schools, parks, and a variety of dining options. The vibrant Leslieville neighborhood also boasts grocery stores, boutiques, and easy access to public transit. The home has undergone a comprehensive renovation (approximately 95% complete), with much of the structure gutted and rebuilt to modern standards. Functional living space with high ceilings, new HVAC system, and modern finishes throughout. If not required, kitchen on 2nd floor will be removed. The main floor includes a spacious kitchen, 4 rooms, and a small deck, while the second floor has a full kitchen and 2 bedrooms. The kitchen can be removed on request to make it 3 bedrooms. House with the potential for a laneway suite to generate extra income, this home offers both versatility and investment potential. The main floor could be rented out for approximately $2,300/month, while the second-floor unit could bring in around $2,000/month. New upgrades include granite countertops in both kitchens, six new windows, a new furnace, A/C, 200-amp electrical service, and an owned tankless water heater. The home's private backyard is a bonus, offering a peaceful retreat and an excellent space for outdoor entertaining. One of the standout features of this property is its exceptionally deep lot with a T-style parking area, which can accommodate up to two cars. The home is ideally located near the beach, Lake Ontario, Woodbine Park, and various local attractions ''NOTE* Kitchen can be removed if not required at the seller's cost after closing. 24 Hour notice required to show the place.
Estimate your monthly payments for this property
Estimated Payment
$4,856.82/mo
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 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
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.
23 Myrtle Avenue, 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
Premium Pricing
At $1569/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.
Market Position
At 18 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Leslieville have shown strong appreciation as families seek more space.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.
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.