307 Greenwood Avenue, Toronto, ON
Greenwood-Coxwell, Toronto · MLS® E13487402
About this home
Exceptional opportunity to own a legal triplex in the heart of one of Toronto's most sought-after communities, Leslieville. This well-maintained property has undergone multiple upgrades and is fully tenanted, providing immediate income for investors. Ideally located just a short 5-minute walk to Greenwood Park and surrounded by schools, parks, transit, shops, cafés, and everyday conveniences. The property also features separately metered units, keyless entry, two private parking spaces, dedicated storage lockers for each unit, plus an additional locker reserved for landlord maintenance items, providing added convenience and functional storage. A rare opportunity for investors seeking strong rental income, with future potential for owner occupancy. Whether you're a seasoned investor or an end-user looking to offset your mortgage with rental income, this is a property you won't want to miss. Disclaimer: Main and basement unit photos were taken prior to occupancy.
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- E13487402
- Bedrooms
- 6 (4 + 2)
- Bathrooms
- 3
- Size
- 1500-2000
- Lot
- 25 × 120 ft
- Cross streets
- Greenwood & Gerrard
- Parking
- 2 parking
- Driveway
- Private
- Basement
- Apartment, Separate Entrance, Finished
- Kitchens
- 3 (2 + 1)
- Heating
- Radiant
- A/C
- Window Unit(s)
- Exterior
- Brick
- Foundation
- Concrete
- Roof
- Shingles
- Sewer
- Sewer
- Property tax
- $6,169 / 2026
- Days on market
- 22
- Listing brokerage
- RE/MAX HALLMARK FIRST GROUP REALTY LTD.
Rooms
window · large closet · vinyl floor
w/o to yard · large window · vinyl floor
large window · vinyl floor · closet
hardwood floor · heated floor · w/o to balcony
closet · window · south view
cathedral ceiling(s) · bay window · accoustic ceiling
large window · vinyl floor · closet
double sink · large window · tile floor
w/o to balcony · large closet · vinyl floor
w/o to porch · combined w/dining · vinyl floor
tile floor · stainless steel appl · eat-in kitchen
stainless steel appl · large window · ceiling fan(s)
Listed at $1,238,888, this home is about 18% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.
Priced above comparable homes overall, but the price per square foot ($708/sqft) is below the area, so you are paying for extra space rather than a premium.
There were not many closely comparable homes right in Greenwood-Coxwell, so I widened the search to the surrounding area.
Based on 6 similar homes nearby, adjusted for size, beds, and baths.Median of 6 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.29M, higher than the comparables and worth a second look.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, listed at $833K
- Bedrooms +$30K
- Adjusts to $863K
That comparable adjusts to $863K; the $1.05M estimate above is the median of all 6 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.
On schools, this address is zoned for Equinox Holistic Alternative School, one of the higher-rated public schools in the area. A strong catchment tends to hold value and widen your resale pool, especially with family buyers.
On location, this is a very walkable address with everyday errands close by. Greenwood Ave at Ivy Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.
Total price vs nearby homes. Fair value about $1.05M, median of 6 comparables.
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.
- Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
- Currently tenanted: confirm the lease terms and vacant-possession timing before closing.
- 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 homesThis home lists 25% below the area average of $940/sqft.
18 days longer than the Toronto average (4 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Greenwood-Coxwell, 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: Greenwood Ave at Ivy Ave, about 76 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 $991,110 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $5,289
- Property tax
- $514
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $5,803
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $21,253
- Toronto municipal land transfer tax
- $21,253
- Estimated closing costs
- $42,506
Plus your down payment of $247,778. 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
- $317,336
- Principal paid down
- $126,218
- Interest paid
- $191,118
- Balance remaining
- $864,892
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
Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.
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 RE/MAX HALLMARK FIRST GROUP REALTY LTD.. MLS®/PropTx.