427 Leslie Street, Toronto, ON

South Riverdale, Toronto · MLS® E13812226

$1,590,000
For Sale
Listed 28 days agoNo offer date stated
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4+2Bedrooms
3Bathrooms
3Parking
1500-2000Sq ft

About this home

In short

  • 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...
  • 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.
  • Located in the sought-after Leslieville area, just steps to trendy cafes, restaurants, parks, schools, transit, and everyday amenities.

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 oer functional layouts, generous room sizes, and excellent livability for long-term tenants. Located in the sought-after Leslieville area, just steps to trendy cafes, 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

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
E13812226
Bedrooms
4+2 (6 total)
Bathrooms
3
Size
1500-2000 sq ft
Lot
18 × 150 ft
Cross streets
Harriet St & Leslie St
Parking
3 parking
Basement
Finished, Separate Entrance
Kitchens
3 (2 + 1)
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Foundation
Brick
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$6,177 / 2026
Days on market
28
Listing brokerage
FIRST CLASS REALTY INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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

What sellers nearby are askingCurrently listed nearby in South Riverdale · asking prices
$1.45Mavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest semi-detached listings on the market.

Per square foot, these ask about $888/sqft; this home lists at $909/sqft. Size is part of the price story, not just the sticker.

The 4 closest active listings nearby.

See all comparable homes
1.59MThis home1.18M1.48M1.78M1.38MThis home vs active comparables

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
$969K
Woodbine Corridor
$999K
Danforth
$999K
The Beaches
$1.48M
Mount Pleasant East
$1.36M

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
East Alternative School of Toronto · Public elementary0.4 km
Leslieville Junior Public School · Public elementary0.5 km · 62% at standard
Pape Avenue Junior Public School · Public elementary0.7 km · 90% at standard
Equinox Holistic Alternative School · Public elementary0.8 km · 83% at standard
Earl Grey Senior Public School · Public elementary0.9 km
Roden Public School · Public elementary0.9 km · 65% at standard
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
$7,247/mo
$295KIncome needed
5.4×Price ÷ income
$1,672Weekly cost
$56,550Land 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.

93%mortgage
Mortgage $7,247Property tax $515Total carry $7,761

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$7,033per month

Mortgage amount $1,272,000 · 4.49% over 25 years

$318,000Down payment (20.0%)
$1,272,000Loan before insurance
$0CMHC premium
$7,548Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,033
Property tax
$515
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$7,548

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

One-time closing costs

Ontario land transfer tax
$28,275
Toronto municipal land transfer tax
$28,275
Estimated closing costs
$56,550

Plus your down payment of $318,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$8,512/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

$837,932Total interest paid
$2,109,932Total of all payments
Principal $1,272,000 Interest $837,932
YearPrincipalInterestBalance
1$28,386$56,012$1,243,614
2$29,674$54,723$1,213,940
3$31,022$53,375$1,182,918
4$32,430$51,967$1,150,488
5$33,903$50,495$1,116,585
6$35,442$48,955$1,081,143
7$37,051$47,346$1,044,092
8$38,734$45,664$1,005,358
9$40,492$43,905$964,866
10$42,331$42,067$922,535
11$44,253$40,145$878,282
12$46,262$38,135$832,020
13$48,362$36,035$783,658
14$50,558$33,839$733,100
15$52,854$31,543$680,246
16$55,254$29,144$624,992
17$57,762$26,635$567,230
18$60,385$24,012$506,845
19$63,127$21,271$443,718
20$65,993$18,404$377,725
21$68,989$15,408$308,736
22$72,122$12,276$236,614
23$75,396$9,001$161,218
24$78,820$5,578$82,398
25$82,398$1,999$0

At the end of your 5-year term

Total paid over the term
$421,986
Principal paid down
$155,415
Interest paid
$266,571
Balance remaining
$1,116,585

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$3,150/mo
$37,800Gross annual rent
1.6%Cap rate after taxes and upkeep

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 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.

2.4%
Gross yield
− Property tax $6,177− Insurance $1,400− Vacancy & upkeep $4,158Net operating income $26,065

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

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