114 De Grassi Street, Toronto, ON
Property Highlights
Welcome to this remarkable 2-Storey triplex located in the coveted neighborhood of South Riverdale. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $1,500,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 7 Bedrooms and 3 Bathrooms with 3 functional kitchens
- Generous living space spanning 1500-2000 sqft on a premium 16.87 x 100 ft lot
- Features a apartment basement, adding superb versatility for recreation, a home gym, or extra storage
- 3.0 total parking spaces available
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
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**
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Property Summary
This triplex located at 114 De Grassi Street, Toronto is currently for sale and has been available on SousaSells for 30 days. This property is listed at $1,500,000 with an estimated mortgage of $4,993* per month. It has 7 beds, 3 bathrooms, and is 1500-2000 square feet. 114 De Grassi Street, Toronto is in the South Riverdale neighborhood.
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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.Yes! Featuring 7 bedrooms and 3 bathrooms, this home offers ample space and comfort for growing families in South Riverdale, Toronto.
- •7 spacious bedroom layout offering versatile living space
- •3 well-appointed bathrooms
- •1500-2000 sqft of generous functional square footage
Growing families needing multi-bedroom flexibility and space in South Riverdale, Toronto.
Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
None listed
Interior Features
- None
Security Features
None listed
Community Features
None listed
Frequently Asked Questions about 114 De Grassi Street, Toronto, ON
Q.What is the asking price for 114 De Grassi Street, Toronto, ON ?
The current listing price for 114 De Grassi Street, Toronto, ON in South Riverdale, Toronto is $1,500,000.
Q.How many bedrooms and bathrooms does this property have?
This property features 7 bedrooms and 3 bathrooms across approximately 1500-2000 sqft.
Q.What property type and architectural style is 114 De Grassi Street, Toronto, ON ?
114 De Grassi Street, Toronto, ON is a Triplex (2-Storey) featuring a Apartment basement.
Q.What interior features are included in this home?
Interior highlights include: None.
Q.Is parking available at this property?
Yes, this property offers parking space for 3.0 vehicles (None).
Q.What heating and cooling systems are installed?
Heating is provided via Gas and cooling via Central Air.
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Pricing & Value Insights
Data-driven valuation for 114 De Grassi Street, Toronto, ON M4M 2K3
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Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $1,500,000 in Toronto, the legal minimum down payment is $300,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $26,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,475 also applies, bringing the total estimated land transfer taxes to $52,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.