$729,000 - 29 Frances Loring Lane Unit #4, Leslieville
Condo for Sale in Leslieville
Neighbourhood: South Riverdale
- MLS Number
- E13633234
- Property Type
- Condo
- Status
- active
- Days on Site
- 20
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Riverdale / Leslieville
- Locker
- Owned
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- HOMELIFE LANDMARK REALTY INC.
Stunning 3-Storey Modern Townhome with panoramic roof top terrace in South Riverdale! This 2 bedroom, 2 bathroom townhome has everything you want and is nestled in a quiet, family-friendly Neighbourhood. Tons of Upgrades Including: Smooth Ceilings Through Out, Hardwood Floors on Both Levels, Custom Made Zebra Blinds, New Washer/Dryer & Dishwasher (Year 2026). Murphy Bed in 2nd Bedroom With Lots of Storages and Shelvings. Hot Water Tank is Owned, No Rental Fee! Huge rooftop terrace in perfect time for summer sun and evening entertaining. Included with the property is an underground parking space and Bike locker, while maintenance fees include water, building insurance, parking, common elements, and internet! Located just steps from the trendy shops and restaurants of Leslieville and Riverside, and only minutes from the Canary District, Distillery District, Beaches, and Danforth, you're at the center of it all! Easy access to the DVP and Gardiner Expressway, with public transit practically at your doorstep. This is the perfect starter home for those seeking a combination of urban living, comfort, and style in one of Toronto's most coveted neighborhoods.
Estimate your monthly payments for this property
Estimated Payment
$3,740.15/mo
Includes CMHC insurance ($20,339)
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.
29 Frances Loring Lane Unit #4, Riverdale / Leslieville
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Rental income estimator & ROI calculator
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
Fair Market Value
At $810/sqft, this property is priced in line with current Leslieville market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 20 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.
Efficient Living
At 900 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.
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 $3,038 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.