114 De Grassi Street

South Riverdale, Toronto

114 De Grassi Street, South Riverdale, Toronto

$1,500,000

Bedrooms: 5

Bathrooms: 3

Living Area: 1,500 sqft

Price Per Sqft: $1,000.00

About this Triplex

in South Riverdale, Toronto

Rare opportunity to own a well-maintained triplex with three legal parking spaces in the heart of Leslieville, one of Toronto's most sought-after east-end neighbourhoods. Situated on a quiet residential street, this income-generating property offers a compelling blend of character, flexibility, and long-term investment potential.This classic Toronto property features three self-contained residential units, providing multiple revenue streams and exceptional versatility for investors, owner-occupiers, or multi-generational families. Each suite offers bright, functional living spaces with excellent natural light and independent living accommodations. The property is ideally positioned just steps from Queen Street East's vibrant collection of cafés, restaurants, boutiques, and local amenities. Residents enjoy easy access to public transit, parks, schools, and the downtown core, making this a highly desirable location with strong rental demand. Highlights include: Three self-contained residential units with parking and ensuite laundry for each. Strong income potential with opportunity for future rental growth. Highly desirable Leslieville location. Walkable neighbourhood close to shops, dining, and transit.Flexible ownership options for investors or owner-occupiers. Excellent long-term appreciation potential in a premier Toronto neighbourhood.Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the others, or secure a valuable asset in a thriving community, 114 De Grassi Street presents an outstanding opportunity. A rare offering in one of Toronto's most dynamic neighbourhoods. Don't miss your chance to own this exceptional Leslieville triplex! Some photos have been virtually staged. **Open House July 11 and 12th 2:00 to 4:00 p.m.** **Ensuite laundry in each unit**

Listed by THE WEIR TEAM, BROKERAGE INC..

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LAND TRANSFER TAX CALCULATOR

Purchase Price  
First-Time Home Buyer
Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities

MORTGAGE CALCULATOR

     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
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* This material is for informational purposes only.

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