81 Alton Avenue, Toronto, ON
South Riverdale, Toronto · MLS® E14080686
About this home
In short
- Your favourite part of Leslieville might just be coming home.
- Then back to 81 Alton, where a fully renovated interior meets the character that made you want a Toronto house in the first place.
- Hardwood floors and wainscoting bring warmth and character to connected living and dining spaces, equally suited to a house full of friends or a quiet evening on the...
- A third bedroom, full bathroom and separate entrance add flexibility for guests and changing routines.
Your favourite part of Leslieville might just be coming home. Coffee on Queen. A stop at the park. Then back to 81 Alton, where a fully renovated interior meets the character that made you want a Toronto house in the first place. Hardwood floors and wainscoting bring warmth and character to connected living and dining spaces, equally suited to a house full of friends or a quiet evening on the couch. In the kitchen, quartz counters and a gas range invite you to try the recipes you've been saving. Open the back door and summer evenings unfold across two decks: the barbecue close to the kitchen, a larger lounging area below, and mature trees overhead. Dinner can turn into a long conversation without anyone suggesting you move inside. Upstairs, the primary bedroom pairs room for a king-size bed with custom integrated closets that follow the roofline. A second bedroom and an updated bathroom with a glass-enclosed shower round out the floor. Downstairs, a separate work area means your laptop can have a home beyond the dining table. A third bedroom, full bathroom and separate entrance add flexibility for guests and changing routines. Even the less glamorous parts of city life get easier: an enclosed porch catches the boots and bags, and two lane-access parking spaces spare you the nightly search. Go enjoy the neighbourhood. You've got a good reason to come back.
Key facts
- Property type
- Semi-Detached, 2-Storey
- MLS®
- E14080686
- Bedrooms
- 2+1 (3 total)
- Bathrooms
- 2
- Size
- 700-1100 sq ft
- Lot
- 14.75 × 108.67 ft
- Cross streets
- Queen & Greenwood
- Parking
- 2 parking
- Driveway
- Lane
- Basement
- Finished, Separate Entrance
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Brick, Vinyl Siding
- Foundation
- Concrete, Block, Poured Concrete
- Roof
- Asphalt Shingle
- Sewer
- Sewer
- Property tax
- $4,243 / 2026
- Days on market
- 4
- Listing brokerage
- RE/MAX PROFESSIONALS INC.
Rooms
hardwood floor · wainscoting · california shutters
ceramic floor · glass doors
laminate · glass doors · closet
hardwood floor · california shutters · closet
hardwood floor · wainscoting · california shutters
quartz counter · stainless steel appl · w/o to deck
broadloom · double closet
pot lights · marble floor · separate shower
broadloom · closet
ceramic floor · wall sconce lighting
hardwood floor · double closet · wall sconce lighting
Listed at $999,999. Going by how homes in South Riverdale and the wider GTA have actually closed against their asking prices (about 105%, 21 local closings in 90 days), the likely sale price is near $1.04M, if it sells. A realistic range is $979K to $1.18M.
Independent value check: $984K. Without looking at the asking price, our model values the home itself in line with the ask (homes like it typically land between $922K and $1.03M).
Why $984K. The typical semi-detached home sold in South Riverdale over the past year went for about $1.40M (108 sales). What sets this one apart:
- ▼ Lowers it stronglyIts tax bill, which follows the city's own assessment, is $4,243 a year; the typical home sold here pays about $5,600.
- ▼ Lowers it stronglyIt is 700 to 1,100 sq ft; the typical home sold here is 1,100 to 1,500.
- ▲ Raises itThe listing describes it as fully renovated or newly built.
- ▼ Lowers it slightly2+1 bedrooms and 2 baths, against 3+1 and 2 typically.
Total price vs nearby homes. Likely closing about $1.04M, from 21 recent closings in this pocket.
The market behind the math:
About 1.7 months of inventory: 12 semi-detached homes for sale in the area against 21 closings in the last 90 days. Under two months favours sellers, over four favours buyers.
Price per square foot: this home lists at $1,111/sqft against an area asking average of $997/sqft.
- Separate-entrance basement apartment features. A finished 1 bed basement apartment with a separate entrance. A self-contained space for extended family, guests or potential income. Basements do rent in South Riverdale: 19 of the 154 detached leases here lately were basement units, around $1,650 a month. That makes the suite real income. Second-suite retrofit status is not verified. A buyer intending to rent should confirm requirements with the City of Toronto.
How this estimate is builtthe short version
This figure comes from a model built on about 44,000 recent GTA sales. It weighs this home’s tax assessment, size, age, location and features against what homes like it actually sold for, including sales in this neighbourhood.
It never sees the asking price. The 21 most comparable recent sales on their own, adjusted for size, beds, baths and lot, point to about $1.10M. Condition and finishes remain an in-person call.
What the listing highlights3 points to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant. Income potential
- Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
- Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit
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.
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.
Based on 5 homes sold on this street over the past two years, from 197 closings in South Riverdale.
The closest active listings by size, beds, and price, so you can see what this home is up against.
Per square foot, these ask about $1,149/sqft; this home lists at $1,111/sqft. Size is part of the price story, not just the sticker.
The 3 closest active listings nearby.
See all comparable homesSold price trend
Median sold price for semi-detached homes in South Riverdale: $1.28M in September 2026, down 1% from a year ago, on 103 closings in 9 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.40M | 14 |
| November 2025 | $1.39M | 8 |
| February 2026 | $1.27M | 9 |
| March 2026 | $1.41M | 6 |
| April 2026 | $1.43M | 13 |
| May 2026 | $1.50M | 16 |
| June 2026 | $1.45M | 11 |
| July 2026 | $1.29M | 12 |
| September 2026 | $1.28M | 14 |
Neighbourhood & location
South Riverdale, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $799,999 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $4,423
- Property tax
- $354
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $4,777
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $16,475
- Toronto municipal land transfer tax
- $16,475
- Estimated closing costs
- $32,950
Plus your down payment of $200,000. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $265,400
- Principal paid down
- $97,745
- Interest paid
- $167,655
- Balance remaining
- $702,254
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.
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
The suite is real income here: basements rent in South Riverdale (19 of 154 recent detached leases were basement units, around $1,650 a month). The figure above is the whole house on one lease; rented as two units, the suite alone brings about $1,650 a month on top of the upper floors. Permitted use is worth confirming with the city.
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 40 whole-home leases in South Riverdale signed at a median of $4,313 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $3,688. 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PROFESSIONALS INC.. MLS®/PropTx.