753 Gerrard Street Unit 2, Toronto E01

Price: $1,349,000

8 bedrooms, 3 bathrooms

1,500 - 1,999 sqft

Property Type: Townhouse

MLS#: E13668142

Well Maintained excellent property

753 Gerrard Street Unit 2 - Townhouse photo 1 of 9 in Riverdale / Leslieville, Ontario
753 Gerrard Street Unit 2 - Townhouse photo 2 of 9 in Riverdale / Leslieville, Ontario
753 Gerrard Street Unit 2 - Townhouse photo 3 of 9 in Riverdale / Leslieville, Ontario
753 Gerrard Street Unit 2 - Townhouse photo 4 of 9 in Riverdale / Leslieville, Ontario
753 Gerrard Street Unit 2 - Townhouse photo 5 of 9 in Riverdale / Leslieville, Ontario
753 Gerrard Street Unit 2 - Townhouse photo 6 of 9 in Riverdale / Leslieville, Ontario
753 Gerrard Street Unit 2 - Townhouse photo 7 of 9 in Riverdale / Leslieville, Ontario
753 Gerrard Street Unit 2 - Townhouse photo 8 of 9 in Riverdale / Leslieville, Ontario
753 Gerrard Street Unit 2 - Townhouse photo 9 of 9 in Riverdale / Leslieville, Ontario
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$1,349,000 - 753 Gerrard Street Unit 2, Leslieville

Townhouse for Sale in Leslieville

Popular Listing

Neighbourhood: South Riverdale

8Beds
3Baths
1,500 - 1,999Sq Ft
Townhouse
Property Details
MLS Number
E13668142
Property Type
Townhouse
Status
active
Days on Site
11
Bedrooms
8
Bathrooms
3
Square Feet
1,500 - 1,999 sqft
Neighbourhood
Riverdale / Leslieville
Listing Brokerage
ROYAL LEPAGE REAL ESTATE SERVICES LTD.
Description

Well Maintained excellent property

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,967.08/mo

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5-yr fixed avg.

Principal: $1,079,200Interest: $710,925
Mortgage Amount$1,079,200
Total Interest$710,925
Est. Property Tax$956/mo
Total Cost$1,790,125

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

753 Gerrard Street Unit 2, Riverdale / Leslieville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$4,480/mo
Range: $3,808 - $5,152
Cap Rate (ROI)
2.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$4,480
Maintenance Fees-$0
Property Tax (est.)-$956
Insurance (est.)-$281
Net Cash Flow+$3,243

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

Fair Market Value

At $899/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.

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.

Excellent Flexibility

With 8 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.

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 $5,621 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    753 Gerrard Street Unit 2 | $1,349,000 | Battaglia Team