23 Myrtle Avenue, Toronto, ON
South Riverdale, Toronto · MLS® E13469098
About this home
Fully renovated freehold townhouse in the heart of Leslieville - move-in ready and income-producing. This rare two-kitchen layout is perfect for homeowners who want to offset their mortgage by renting the main floor or for two couples seeking separate living spaces with privacy. The home was fully renovated to modern standards, so you will avoid the hassle and cost of a renovation. High ceilings, new HVAC, granite counters in both kitchens, mostly new windows, a new furnace and A/C, 200-amp electrical, and an owned tankless water heater - all upgrades that save you money and worry. Flexible floor plan: Main floor offers a spacious kitchen, 4 rooms, and a small deck. Upper floor has a full kitchen and 2 bedrooms. If you prefer a 3-bedroom upper unit, the kitchen can be removed at the seller's cost after closing. The deep lot includes T-style parking for two cars and a private backyard - rare in Leslieville. Plus, there's potential to add a laneway suite for even more rental income. Location that sells itself: Walk to Riverdale Collegiate, Home Depot, parks, grocery stores, boutiques, restaurants, and public transit. Minutes from the beach, Lake Ontario, and Woodbine Park. This is one of Toronto's most sought-after neighborhoods for families and professionals. Why act fast? With rental income potential and a deep lot that offers expansion possibilities, this property won't last. 6- 24-hour notice required to show. Kitchen removal available post-closing at seller's cost.
Key facts
- Property type
- Townhouse, 2-Storey
- MLS®
- E13469098
- Bedrooms
- 4
- Bathrooms
- 2
- Size
- 700-1100
- Lot
- 14.15 × 120 ft
- Cross streets
- Jones Ave & Gerrard St E
- Parking
- 2 parking
- Driveway
- Lane
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Aluminum Siding, Vinyl Siding
- Foundation
- Stone
- Roof
- Flat
- Sewer
- Sewer
- Property tax
- $4,067 / 2026
- Days on market
- 28
- Listing brokerage
- HOMELIFE G1 REALTY INC.
Rooms
vinyl floor · combined w/living
vinyl floor · w/o to deck · w/o to yard
vinyl floor · overlooks backyard
ceramic floor · ceramic floor
Ceramic Floor
ceramic floor · combined w/living
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairIts public catchment (Blake Street Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
On location, this is a very walkable address with everyday errands close by. Jones Ave at Myrtle Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
- Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
- Premium lot / gardens: lot size and privacy hold value and cannot be changed, verify frontage, depth, and any easements.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Value driver
- Worth verifying
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 4 closest active listings nearby.
See all comparable homes18 days longer than the Toronto average (10 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
South Riverdale, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
Getting around
Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.
Most daily errands can be done on foot.
🚉 Nearest transit: Jones Ave at Myrtle Ave, about 74 m away
Within a 15-minute (1.5 km) walk.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.
Mortgage amount $878,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,687
- Property tax
- $339
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,026
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $18,435
- Toronto municipal land transfer tax
- $18,435
- Estimated closing costs
- $36,870
Plus your down payment of $219,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $281,248
- Principal paid down
- $111,864
- Interest paid
- $169,384
- Balance remaining
- $766,536
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE G1 REALTY INC.. MLS®/PropTx.