417 Leslie Street, Toronto, ON

South Riverdale, Toronto · MLS® E13628958

$649,000
For Sale
Listed 41 days agoNo offer date stated
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3Bedrooms
1Bathrooms
0Parking
700-1100Sq ft

About this home

In short

  • Property being sold in "as is, where is" condition.
  • Property is currently uninhabitable and requires significant repairs and/or renovation.

Property being sold in "as is, where is" condition. The Seller makes no representations or warranties regarding the condition of the property.Property is currently uninhabitable and requires significant repairs and/or renovation. Buyers are advised to exercise extreme caution during all showings. Some areas of the property may be structurally unsafe and/or contain potential hazards.

Key facts

Property type
Townhouse, 2-Storey
MLS®
E13628958
Bedrooms
3
Bathrooms
1
Size
700-1100 sq ft
Lot
14.15 × 112.5 ft
Cross streets
Leslie St. and Gerrard St. E
Parking
0 parking
Driveway
Lane
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick Front, Vinyl Siding
Foundation
Concrete
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$3,589 / 2025
Days on market
41
Listing brokerage
MODERN SOLUTION REALTY INC.

Rooms

Living RoomMain2.86 × 3.44 m
Dining RoomMain3.32 × 4.05 m
SunroomMain4.17 × 2.28 m
Bedroom 2Second2.56 × 3.69 m
Primary BedroomSecond4.17 × 3.56 m
KitchenMain2.90 × 4.14 m
FoyerMain1.21 × 7.34 m
Bedroom 3Second2.95 × 4.14 m
Our TakeTeam Asgarian · Broker
Below comparables
$703Kest. value

Listed at $649,000 with no offer date, so the ask is the seller’s number, and homes priced this way sell close to it. My read is $703K, typically $699K to $852K. Comparable listings on their own put this home around $830K, so the seller is asking less than the comparables suggest: either they want a quick, clean sale or something about the home is not in the comparables. Worth seeing before you offer.

Second read, from the city assessment: $728K. Similar homes sold in line with their assessments, and this one lands close to the comparable-sales figure, which is what a firm read looks like.

List price
$649KBelow asking range$852KAbove asking range

Total price vs nearby homes. Fair value about $703K, median of 5 comparables.

The market behind the math:

13sold nearby · 90 days
$900Kmedian sold price
106%of asking, on average
−32%prices vs a year ago
~33 dayshomes like this take to sell
41days on market so far
$3,342/moest. rent · 29 leases
6.2%gross yield on the ask
Seller's market
Buyer's marketSeller's market

About 1.4 months of inventory: 6 townhouse homes for sale in the area against 13 closings in the last 90 days. Under two months favours sellers, over four favours buyers.

This home
Below area avgAbove area avg

Price per square foot: this home lists at $721/sqft against an area asking average of $812/sqft. Size and $/sqft both feed the estimate above.

How this estimate is builtthe short version

I take the 5 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, lot frontage, a ravine backing, an inground pool), then use the median, which is steadier than leaning on any single listing.

It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $728K, a close match.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit

Its public catchment (Blake Street Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

The listing states size as a wide range, so the size adjustment is approximate and this estimate is a rough read. I can confirm exact square footage to tighten it.

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

Based on 5 comparable homes nearby.

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.

Nearby neighbourhoods

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

Greenwood-Coxwell
$1.15M
Cabbagetown-South St. James Town
$1.85M
Annex
$2.29M
University
$1.40M
Victoria Village
$970K

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 Blake Street Junior Public School
75%
Blake Street Junior Public SchoolPublic · Elementary · 0.4 km awayAbove the GTA average · 75% meet the provincial standard
Danforth Collegiate and Technical InstituteEQAO results not published
Also nearby: 12 more schools within 2.5 km
Riverdale Collegiate Institute · Public secondary0.2 km · 86% at standard
Leslieville Junior Public School · Public elementary0.4 km · 62% at standard
East Alternative School of Toronto · Public elementary0.4 km
Pape Avenue Junior Public School · Public elementary0.7 km · 90% at standard
Equinox Holistic Alternative School · Public elementary0.8 km · 83% at standard
Roden Public School · Public elementary0.9 km · 65% at standard
Earl Grey Senior Public School · Public elementary0.9 km
St Patrick Catholic Secondary School · Catholic secondary0.9 km · 76% at standard
Subway Academy I · Public secondary0.9 km
Kapapamahchakwew - Wandering Spirit Scho · Public secondary0.9 km
Kapapamahchakwew - Wandering Spirit Scho Junior Senior · Public elementary0.9 km · 36% at standard
Greenwood Secondary School · Public secondary1.1 km · 17% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,958/mo
$126KIncome needed
5.2×Price ÷ income
$683Weekly cost
$18,910Land transfer tax, one-time (Ontario + Toronto)
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.

91%mortgage
Mortgage $2,958Property tax $299Total carry $3,257

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%
$
%
4.24%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.09% via Ratehub.ca (as of September 11, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,799per month

Mortgage amount $519,200 · 4.24% over 25 years

$129,800Down payment (20.0%)
$519,200Loan before insurance
$0CMHC premium
$3,098Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,799
Property tax
$299
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$3,098

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

One-time closing costs

Ontario land transfer tax
$9,455
Toronto municipal land transfer tax
$9,455
Estimated closing costs
$18,910

Plus your down payment of $129,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.24%Qualifying rate
$3,396/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

$320,520Total interest paid
$839,720Total of all payments
Principal $519,200 Interest $320,520
YearPrincipalInterestBalance
1$11,996$21,593$507,204
2$12,510$21,079$494,694
3$13,046$20,543$481,648
4$13,605$19,984$468,043
5$14,188$19,401$453,855
6$14,796$18,793$439,059
7$15,430$18,159$423,629
8$16,091$17,498$407,537
9$16,781$16,808$390,757
10$17,500$16,089$373,257
11$18,250$15,339$355,007
12$19,032$14,557$335,976
13$19,847$13,742$316,129
14$20,698$12,891$295,431
15$21,584$12,004$273,847
16$22,509$11,080$251,338
17$23,474$10,115$227,864
18$24,480$9,109$203,384
19$25,529$8,060$177,856
20$26,622$6,966$151,233
21$27,763$5,826$123,470
22$28,953$4,636$94,517
23$30,193$3,395$64,324
24$31,487$2,102$32,836
25$32,836$752$0

At the end of your 5-year term

Total paid over the term
$167,944
Principal paid down
$65,345
Interest paid
$102,599
Balance remaining
$453,855

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
From 29 whole-home leases in South Riverdale$3,342/mo
$40,104Gross annual rent
4.7%Cap rate after taxes and upkeep
$2,860 to $3,936Typical rent range
~14 daysTo find a tenant, on average

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

Talk about the numbers

The last 29 whole-home leases in South Riverdale signed at a median of $3,933 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,342. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.

6.2%
Gross yield
− Property tax $3,589− Insurance $1,400− Vacancy & upkeep $4,411Net operating income $30,704

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

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