23 First Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable 3-Storey duplex located in the coveted neighborhood of South Riverdale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,538,888 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.
- 5 Bedrooms and 3 Bathrooms with 2 functional kitchens
- Generous living space spanning 2000-2500 sqft on a premium 18.01 x 133 ft lot
- Features a separate entrance, walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
- 2.0 total parking spaces available
- Notable attributes: Accessory Apartment, Primary Bedroom - Main Floor, Storage
- equipped with other central cooling and highly efficient forced air heating via gas
Description
Welcome to 23 First Ave, a charming and spacious duplex in the heart of Toronto! This beautifully maintained two self contained units home, built in 1900 and substantially renovated in 1984, offers 2,144 square feet of above-grade living space and an 843 square foot basement (totalling 2987 square feet) with 5 bedrooms, many bathrooms, and a finished lower level. Enjoy the character of a classic semi-detached duplex with modern updates, featuring forced air heating, generous room sizes, and a versatile layout across three levels. The property sits on a deep 18 x 133 ft lot with year-round road access, nestled in a vibrant residential neighbourhood close to major transit, parks, and amenities. With a recent July 31 2025 Automated Valuation of $1,625,000 by the Municipal Property Assessment Corporation and surrounded by comparable sales, this is a rare opportunity to own a piece of Toronto's history in a sought-after location perfect for families or investors seeking space, convenience, and prime real estate! ***Parking at rear***Vacant Possession of Main/Upper Unit September 1 2025***All photos digitally decluttered***
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Key Features
Additional Details
Property Details
Parking & Garage
Heating & Cooling
Features
Property Features
Fenced Yard, Hospital, Library, Place Of Worship, Rec./Commun.Centre, School
Interior Features
Accessory Apartment, Primary Bedroom - Main Floor, Storage, Water Heater Owned
Security Features
Community Features
Location
Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 23 First Avenue, Toronto E01, ON M4M 1W7
Based on 0 recent similar sales in the pocket.
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 $1,538,888 in Toronto, the legal minimum down payment is $307,778 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 $27,253 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $27,253 also applies, bringing the total estimated land transfer taxes to $54,506.
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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.
