16 Louvain Avenue, Toronto, ON

South Riverdale, Toronto · MLS® E14028656

$949,000
For Sale
Listed 4 days agoNo offer date stated

The listing feed is busy, so this is our last saved copy of this listing from Oct 17, 2026, 6:29 p.m.. Price and status may have changed since; refresh in a minute for the live version.

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2Bedrooms
2Bathrooms
0Parking
700-1100Sq ft

About this home

In short

  • Welcome to this charming Leslieville home, perfectly situated on a quiet, tree-lined street in one of Toronto's most sought-after neighbourhoods.
  • The bright kitchen opens through French doors to a private backyard and deck, creating a seamless connection between indoor and outdoor living.

Welcome to this charming Leslieville home, perfectly situated on a quiet, tree-lined street in one of Toronto's most sought-after neighbourhoods. Offering two spacious bedrooms, two full bathrooms, and three levels of thoughtfully designed living space, this home blends character, comfort, and functionality. The inviting living room features an ornamental fireplace, while the generous dining area provides the perfect setting for entertaining. The bright kitchen opens through French doors to a private backyard and deck, creating a seamless connection between indoor and outdoor living. Upstairs, natural light pours in through a skylight, leading to a spacious primary bedroom complete with wall-to-wall closets. The finished lower level offers exceptional versatility, with a comfortable family room or guest retreat and a full four-piece bathroom. Full of warmth and character, this is an opportunity to enjoy the best of Leslieville living, just moments from an incredible selection of local cafés, acclaimed restaurants, independent boutiques, and neighbourhood favourites along Queen Street East. Enjoy nearby Greenwood Park, vibrant community spaces, and easy access to the Beaches and waterfront, all while enjoying the charm of a quiet residential street in one of Toronto's most desirable east-end neighbourhoods.

Key facts

Property type
Semi-Detached, 2-Storey
MLS®
E14028656
Bedrooms
2
Bathrooms
2
Size
700-1100 sq ft
Lot
17.5 × 66.5 ft
Cross streets
Queen East & Pape
Parking
0 parking
Driveway
None
Basement
Finished
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Vinyl Siding
Foundation
Concrete Block
Roof
Asphalt Shingle
Sewer
Sewer
Property tax
$4,918 / 2026
Days on market
4
Listing brokerage
ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAM
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there are not enough closely comparable recent sales nearby to support one.

Considering this property? Request a written price read

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

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.

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 Bruce Public School
68%
Bruce Public SchoolPublic · Elementary · 0.4 km awayBelow the GTA average · 68% meet the provincial standard
Danforth Collegiate and Technical InstituteEQAO results not published
Also nearby: 12 more schools within 2.5 km
Morse Street Junior Public School · Public elementary0.4 km · 76% at standard
Leslieville Junior Public School · Public elementary0.7 km · 62% at standard
Riverdale Collegiate Institute · Public secondary0.8 km · 86% at standard
Dundas Junior Public School · Public elementary0.9 km · 59% at standard
Pape Avenue Junior Public School · Public elementary0.9 km · 90% at standard
Eastdale Collegiate Institute · Public secondary1.0 km
Queen Alexandra Middle School · Public elementary1.0 km · 71% at standard
Blake Street Junior Public School · Public elementary1.0 km · 75% at standard
East Alternative School of Toronto · Public elementary1.0 km
SEED Alternative School · Public secondary1.0 km
Duke of Connaught Junior and Senior Public School · Public elementary1.3 km · 71% at standard
Quest Alternative School Senior · Public elementary1.5 km

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

Affordability & Mortgage

Affordability
$4,325/mo
$181KIncome needed
5.2×Price ÷ income
$998Weekly cost
$30,910Land 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 $4,325Property tax $410Total carry $4,735

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%
$
%
4.49%
%
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.

years
years (your rate-locked period)
$4,198per month

Mortgage amount $759,200 · 4.49% over 25 years

$189,800Down payment (20.0%)
$759,200Loan before insurance
$0CMHC premium
$4,608Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,198
Property tax
$410
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,608

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

One-time closing costs

Ontario land transfer tax
$15,455
Toronto municipal land transfer tax
$15,455
Estimated closing costs
$30,910

Plus your down payment of $189,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$5,081/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

$500,124Total interest paid
$1,259,324Total of all payments
Principal $759,200 Interest $500,124
YearPrincipalInterestBalance
1$16,942$33,431$742,258
2$17,711$32,662$724,547
3$18,516$31,857$706,031
4$19,356$31,017$686,675
5$20,235$30,138$666,440
6$21,154$29,219$645,286
7$22,114$28,259$623,172
8$23,118$27,255$600,053
9$24,168$26,205$575,885
10$25,265$25,108$550,620
11$26,412$23,960$524,208
12$27,612$22,761$496,596
13$28,865$21,508$467,730
14$30,176$20,197$437,554
15$31,546$18,827$406,008
16$32,978$17,395$373,030
17$34,476$15,897$338,554
18$36,041$14,332$302,513
19$37,678$12,695$264,836
20$39,388$10,985$225,447
21$41,177$9,196$184,271
22$43,046$7,327$141,224
23$45,001$5,372$96,224
24$47,044$3,329$49,180
25$49,180$1,193$0

At the end of your 5-year term

Total paid over the term
$251,865
Principal paid down
$92,760
Interest paid
$159,105
Balance remaining
$666,440

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$1,450/mo
$17,400Gross annual rent
1.0%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.

1.8%
Gross yield
− Property tax $4,918− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $9,168

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

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