76-78 Lewis Street, Toronto, ON

South Riverdale, Toronto · MLS® E13878644

$2,390,000

For Sale

Listed 11 days agoNo offer date stated

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12Bedrooms

4Bathrooms

3Parking

3000-3500Sq ft

About this home

In short

Set your own market rents from Day 1 with this massive, turn-key Leslieville multi-unit powerhouse.
Boasting a rare 44 x 135 ft double lot with R(d17) high-density zoning.
3-car parking with a private drive, this premier asset offers unmatched cash-flow potential, severance upside, or garden suite development.
Featuring four, sun-filled 3-bedroom suites, the building is completely empty and primed for immediate equity optimization, high-yield tenant placement, or premium...
No tenant transitions, no rent-control ceilings on new tenancies-just pure, vacant potential in South Riverdale's most sought-after pocket.

DELIVERED 100% VACANT! Set your own market rents from Day 1 with this massive, turn-key Leslieville multi-unit powerhouse. Boasting a rare 44 x 135 ft double lot with R(d1*7) high-density zoning. 3-car parking with a private drive, this premier asset offers unmatched cash-flow potential, severance upside, or garden suite development. Featuring four, sun-filled 3-bedroom suites, the building is completely empty and primed for immediate equity optimization, high-yield tenant placement, or premium co-ownership/multi-generational living. No tenant transitions, no rent-control ceilings on new tenancies-just pure, vacant potential in South Riverdale's most sought-after pocket. Walk to Queen East, transit, and top-tier parks. Truly a generational asset.

Key facts

Property type: Other, 2-Storey
MLS®: E13878644
Bedrooms: 12
Bathrooms: 4
Size: 3000-3500 sq ft
Lot: 44.08 × 135 ft
Cross streets: Queen St./Broadview Ave.,
Parking: 3 parking
Driveway: Private
Basement: Unfinished
Heating: Forced Air
A/C: None
Exterior: Brick
Foundation: Unknown
Roof: Flat
Sewer: Sewer
Property tax: $10,354 / 2026
Days on market: 11
Listing brokerage: ROYAL LEPAGE REAL ESTATE SERVICES LTD.

Rooms

Bedroom 2Second3.50 × 2.60 m

window · closet

Bedroom 3Ground3.50 × 2.60 m

window · closet

Bedroom 3Ground3.50 × 2.60 m

window · closet

BedroomGround2.80 × 3.00 m

window · closet

KitchenSecond4.50 × 2.50 m

KitchenGround4.50 × 2.30 m

Bedroom 3Second3.50 × 2.60 m

window · closet

Bedroom 2Ground3.50 × 2.60 m

window · closet

Bedroom 2Ground3.50 × 2.60 m

window · closet

BedroomSecond3.10 × 3.00 m

window · closet

Living RoomSecond4.50 × 3.40 m

Window

BedroomSecond2.80 × 3.00 m

window · closet

KitchenSecond4.50 × 2.50 m

Living RoomGround2.80 × 3.80 m

window · east view

Bedroom 2Second3.50 × 2.60 m

window · closet

BedroomGround3.00 × 3.00 m

window · closet

Bedroom 3Second3.50 × 2.60 m

window · closet

Living RoomSecond4.50 × 3.40 m

Window

Living RoomGround3.10 × 3.80 m

window · east view

KitchenGround4.50 × 2.30 m

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

The assigned public school is Queen Alexandra Middle School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Book a private showing WhatsApp Moe Call (416) 837-8000

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

For sale

$2,133,000121 Logan Avenue, South Riverdale2 bathView this home →

For sale

$1,250,000930 Dundas Street, South Riverdale11+3 bed · 6 bath · 2000-2500 sq ftView this home →

For sale

$1,480,000945 Gerrard Street, South Riverdale8 bed · 5 bath · 1500-2000 sq ftView this home →

For sale

$1,349,0002-753 Gerrard Street, South Riverdale8 bed · 3 bath · 1500-2000 sq ftView this home →

For sale

$1,800,0001304 Queen Street, South Riverdale6 bed · 5 bath · 3500-5000 sq ftView this home →

For sale

$1,350,000888 Dundas Street, South Riverdale7+2 bed · 9 bath · 2500-3000 sq ftView this home →

For sale

$1,590,000427 Leslie Street, South Riverdale4+2 bed · 3 bath · 1500-2000 sq ftView this home →

For sale

$1,375,00082 Curzon Street, South Riverdale4+2 bed · 5 bath · 1500-2000 sq ftView this home →

$1.60Mavg asking

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

121 Logan Avenue$2.13M 930 Dundas Street $556/sqft$1.25M 945 Gerrard Street $846/sqft$1.48M 2-753 Gerrard Street $771/sqft$1.35M 1304 Queen Street $424/sqft$1.80M

Per square foot, these ask about $649/sqft; this home lists at $735/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes

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.

Waterfront Communities C8

$569K

Church-Yonge Corridor

$549K

Waterfront Communities C1

$648K

Leaside

$2.80M

Wychwood

$1.28M

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 Dundas Junior Public School

59%

Dundas Junior Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 59% meet the provincial standard

Danforth Collegiate and Technical InstituteEQAO results not published

Also nearby: 12 more schools within 2.5 km

SEED Alternative School · Public secondary0.4 km

Morse Street Junior Public School · Public elementary0.7 km · 76% at standard

Eastdale Collegiate Institute · Public secondary0.8 km

Nelson Mandela Park Public School · Public elementary1.0 km · 47% at standard

Inglenook Community School · Public secondary1.0 km · 50% at standard

St Paul Catholic School · Catholic elementary1.1 km · 62% at standard

Bruce Public School · Public elementary1.3 km · 68% at standard

Quest Alternative School Senior · Public elementary1.4 km

Withrow Avenue Junior Public School · Public elementary1.4 km · 85% at standard

Sprucecourt Junior Public School · Public elementary1.4 km · 59% at standard

Pape Avenue Junior Public School · Public elementary1.5 km · 90% at standard

Lord Dufferin Junior and Senior Public School · Public elementary1.5 km · 55% at standard

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

Affordability & Mortgage

Affordability

$10,893/mo

$445KIncome needed

5.4×Price ÷ income

$2,514Weekly cost

$92,450Land 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.

Mortgage $10,893Property tax $863Total carry $11,756

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

Home price

Down payment20.0%

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

Interest rate4.49%

Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

Amortization

years

Payment frequency

Mortgage term

years (your rate-locked period)

Property is in the City of TorontoFirst-time home buyer (land transfer rebate)

$10,572per month

Mortgage amount $1,912,000 · 4.49% over 25 years

$478,000Down payment (20.0%)

$1,912,000Loan before insurance

$0CMHC premium

$11,435Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent): $10,572
Property tax: $863
Condo / maintenance fees: $0
Heating: $0
Estimated monthly cost: $11,435

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

One-time closing costs

Ontario land transfer tax: $46,225
Toronto municipal land transfer tax: $46,225
Estimated closing costs: $92,450

Plus your down payment of $478,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate

$12,795/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

$1,259,533Total interest paid

$3,171,533Total of all payments

Principal $1,912,000 Interest $1,259,533

YearPrincipalInterestBalance

1$42,668$84,194$1,869,332

2$44,605$82,256$1,824,727

3$46,630$80,231$1,778,097

4$48,747$78,114$1,729,350

5$50,961$75,901$1,678,389

6$53,275$73,587$1,625,114

7$55,693$71,168$1,569,421

8$58,222$68,639$1,511,199

9$60,866$65,996$1,450,333

10$63,629$63,232$1,386,704

11$66,518$60,343$1,320,186

12$69,538$57,323$1,250,647

13$72,696$54,166$1,177,951

14$75,996$50,865$1,101,955

15$79,447$47,414$1,022,508

16$83,054$43,807$939,454

17$86,825$40,036$852,628

18$90,767$36,094$761,861

19$94,889$31,973$666,972

20$99,197$27,664$567,776

21$103,701$23,160$464,075

22$108,409$18,452$355,665

23$113,332$13,530$242,334

24$118,477$8,384$123,857

25$123,857$3,005$0

At the end of your 5-year term

Total paid over the term: $634,307
Principal paid down: $233,611
Interest paid: $400,695
Balance remaining: $1,678,389

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$6,300/mo

$75,600Gross annual rent

2.3%Cap rate after taxes and upkeep

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.

3.2%

Gross yield

− Property tax $10,354− Insurance $1,400− Vacancy & upkeep $8,316Net operating income $55,530

Helpful resources

Toronto community guideSchools, amenities & market data What's your home worth?Free, no-obligation evaluation Browse more listingsSearch the full GTA market Talk to our teamBuying, selling or just exploring

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of ROYAL LEPAGE REAL ESTATE SERVICES LTD.. MLS®/PropTx.

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