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Listed 1 month ago

427 Leslie Street

South Riverdale, Toronto

$1,689,000

Semi-Detached |2-Storey
4 | 3 | 3
About this home

Excellent 3 units in one of Toronto's most vibrant and high-demand east-end neighbourhoods. This well-maintained income property features three self-contained units: a spacious 2-bedroom suite on the main floor, a bright 2-bedroom suite on the second floor, and a comfortable 2-bedroom basement apartment. Ground & 2nd Floor unit includes its own living room, full kitchen, bathroom, dishwasher and a dedicated in-suite laundry set-. Basement unit has its own living room, full kitchen, bathroom, a rare and highly desirable feature that enhances tenant appeal and minimizes shared-area management.All units offer functional layouts, generous room sizes, and excellent livability for long-term tenants. Located in the sought-after Leslieville area, just steps to trendy cafés, restaurants, parks, schools, transit, and everyday amenities. Easy access to downtown Toronto, the Gardiner Expressway, and major employment hubs makes this an attractive location for both tenants and owner-occupiers.An excellent opportunity for investors seeking stable rental income, multi-generational families, or buyers looking to live in one unit while generating income from the others.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeSemi-Detached
Style2-Storey
Approx. AgeNot available
Size1500-2000 sq. ft.
Property Tax$6,177
Lot Size18 ft x 150 ft
mls© NumberE13472648
Listed ByFIRST CLASS REALTY INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$8,645
Property tax
$515
Heat allowance
$150
Housing costs
$9,310 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $337,800
25-yr amortization

Income needed

$286,000

gross annual household income

Payment at 4%
$7,108 / mo
Cash down
$337,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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