12-169 Jones Avenue, Toronto, ON

South Riverdale, Toronto · MLS® E13504628

$1,299,000
For Sale
Listed 17 days ago
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3Bedrooms
3Bathrooms
1Garage
2000-2249Sq Ft

About this home

Most Townhomes Feel Like Townhomes. This One Feels Like A Modern Loft With A 500 Sq. Ft. Private Rooftop Retreat.Rare End-Unit ResidenceIn The Boutique One6Nine Jones Community Offering Approximately 2,000 Sq. Ft. Of Living Space Across Three Levels. Proudly Offered By TheOriginal Owners For The First Time.Soaring Double-Height Ceilings, Walls Of Windows And A Dramatic Open-To-Above Living Room Create AnIncredible Sense Of Space Rarely Found In Urban Living. Flooded With Natural Light From Its End-Unit Position, This Home Feels Open, Airy AndDistinctly Different From Anything Else In The Neighbourhood.The Open-Concept Main Floor Was Designed For Entertaining, Featuring A Chef-Inspired Kitchen With Quartz Countertops, Stainless Steel Appliances, A Large Centre Island And Seamless Flow Into The Principal Living AndDining Spaces.The Private Primary Retreat Occupies Its Own Level And Includes A 3-Piece Ensuite. Two Additional Bedrooms, A Full BathroomAnd A Separate Family Room Offer Exceptional Flexibility For Families, Guests Or A Dedicated Home Office.The Crown Jewel Is TheApproximately 500 Sq. Ft. Private Rooftop Terrace. An Incredible Outdoor Living Space Perfect For BBQs, Summer Gatherings, Morning CoffeeOr Evening Drinks With Skyline Views. End-unit privacy, extra windows and exceptional natural light make this home truly special. ParkingIncluded.Located In The Heart Of Leslieville, Steps To Queen Street East, Independent Cafés, Restaurants, Parks, Transit And Everything ThatMakes Toronto's East End One Of The City's Most Sought-After Communities. Check out the Virtual tour ....its awesome

Key facts

Property type
Condo Townhouse, 3-Storey
MLS®
E13504628
Bedrooms
3
Bathrooms
3 (1 half)
Size
2000-2249
Cross streets
JONES AND GERRARD
Parking
1 garage (attached)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Roof
Other
Maintenance
$761/mo
Exposure
North
Property tax
$6,840 / 2025
Days on market
17
Listing brokerage
IRISE

Rooms

Bedroom 2Main2.76 × 3.88 m

closet · large window · hardwood floor

Dining RoomSecond3.70 × 3.24 m

combined w/living · open concept · hardwood floor

Family RoomMain3.87 × 3.72 m

open concept · hardwood floor · closet

Living RoomSecond4.83 × 4.90 m

open concept · hardwood floor · large window

KitchenSecond3.53 × 4.65 m

centre island · stainless steel appl · quartz counter

BedroomThird3.09 × 4.60 m

3 pc ensuite · closet · window floor to ceiling

BedroomMain2.78 × 3.94 m

closet · large window · hardwood floor

Moe’s TakeTeam Asgarian · Broker
Below comparables
$1.37Mest. value

Listed at $1,299,000, this home is about 5% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in South Riverdale, so I widened the search to the surrounding area.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $1.42M, a close match.

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 $1.05M
  • Adjusts to $1.05M

That comparable adjusts to $1.05M; the $1.37M estimate above is the median of all 5 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.

The assigned public school is Duke of Connaught Junior and Senior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

On location, this is a very walkable address with everyday errands close by. Jones Ave at Sproat Ave is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$1.30MGreat deal$1.38MOverpriced

Total price vs nearby homes. Fair value about $1.37M, median of 5 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.

  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room.
  • Open-concept layout: modern, sought-after flow.
  • Worth verifying
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$1.18Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

7-70 Hargrave Lane$1.20M3 James Stock Path$1.05MTH7-155 Woodbine Avenue$1.29M

The 3 closest active listings nearby.

See all comparable homes
1.30MThis home1.20M1.05M1.29MThis home vs active comparables
Live market pulseActive comparables in South Riverdale · median list $700K
$611this home / sqft
9active listings nearby
17days on market

This home lists 22% below the area average of $782/sqft.

13 days longer than the Toronto average (4 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

South Riverdale, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Getting around

86/ 100

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 Sproat Ave, about 86 m away

20+ transit stops10 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Niagara
$559K
Victoria Village
$782K
Willowdale East
$799K
Don Valley Village
$720K
L'Amoreaux
$600K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Leslieville Junior Public School
62%
Leslieville Junior Public SchoolPublic · Elementary · 0.2 km awayBelow the GTA average · 62% meet the provincial standard
Danforth Collegiate and Technical InstituteEQAO results not published

Affordability & Mortgage

Affordability
$5,920/mo
$261KIncome needed
5.0×Price ÷ income
$1,366Weekly cost
20% down4.79%25-yr amortization

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.

82%mortgage
Mortgage $5,920Property tax $570Condo fee $761Total carry $7,251

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

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,546per month

Mortgage amount $1,039,200 · 4.14% over 25 years

$259,800Down payment (20.0%)
$1,039,200Loan before insurance
$0CMHC premium
$6,877Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,546
Property tax
$570
Condo / maintenance fees
$761
Heating
$0
Estimated monthly cost
$6,877

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$22,455
Toronto municipal land transfer tax
$22,455
Estimated closing costs
$44,910

Plus your down payment of $259,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$6,736/monthPayment at the qualifying rate

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

$624,467Total interest paid
$1,663,667Total of all payments
Principal $1,039,200 Interest $624,467
YearPrincipalInterestBalance
1$24,345$42,202$1,014,855
2$25,363$41,184$989,492
3$26,424$40,123$963,068
4$27,529$39,017$935,539
5$28,681$37,866$906,858
6$29,881$36,666$876,977
7$31,130$35,416$845,847
8$32,433$34,114$813,414
9$33,789$32,758$779,625
10$35,203$31,344$744,422
11$36,675$29,872$707,748
12$38,209$28,338$669,538
13$39,807$26,739$629,731
14$41,472$25,074$588,259
15$43,207$23,340$545,052
16$45,014$21,532$500,038
17$46,897$19,649$453,140
18$48,859$17,688$404,281
19$50,903$15,644$353,379
20$53,032$13,515$300,347
21$55,250$11,297$245,097
22$57,561$8,986$187,536
23$59,969$6,578$127,567
24$62,477$4,070$65,090
25$65,090$1,456$0

At the end of your 5-year term

Total paid over the term
$332,733
Principal paid down
$132,342
Interest paid
$200,391
Balance remaining
$906,858

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.

Let's connect

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

Rental yield
Estimate$6,800/mo
$81,600Gross annual rent
4.3%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

6.3%
Gross yield
− Property tax $6,840− Condo fees $9,130− Insurance $600− Vacancy & upkeep $8,976Net operating income $56,054

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of IRISE. MLS®/PropTx.

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