61 First Avenue, Toronto, ON

$1,199,000
MLS#:E12838154
4 beds
2 baths
1500-2000 sqft
1.0 parking
Residential Freehold
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable 3-Storey att/row/townhouse located in the coveted neighborhood of South Riverdale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $1,199,000 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.

  • 4 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 15.67 x 131 ft lot
  • Features a unfinished, separate entrance basement, adding superb versatility for recreation, a home gym, or extra storage
  • 1.0 total parking spaces available
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

From First Ave to Forever. Set on a tree-lined street in the heart of South Riverdale, this Edwardian row house offers four bedrooms, parking, and south-facing outdoor space. Across three floors the layout delivers what so many east-end buyers are searching for: three bedrooms and a 4-piece bath on the second floor, plus a third-floor suite with a skylight, a 3-piece ensuite, and walk-out access to the roof with potential for a future deck. The main floor flows easily, with a large kitchen featuring generous counter space and storage, open to the dining room through a pass-through. At the rear, a bright breakfast room extension with south-facing windows, two skylights, and sliding doors to the deck functions as an eat-in kitchen, small family room, or everyday gathering space. Freshly painted throughout. The south-facing deck and garden are shaded in summer by a mature maple tree, and there is one car parking via the rear laneway. The basement offers additional potential, with a walkout and space to finish for added living area or suite configuration. Close to Riverdale Park, Riverdale Farm, Queen Street East, Little Vietnam, and three streetcar routes within a block, this is a well-loved Riverdale home with space, flexibility, and a location that's hard to leave.

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Key Features

Bedrooms
4
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateMarch 6, 2026
Sold price information is available to members only
Listed Date3/3/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeAtt/Row/Townhouse
Architectural Style3-Storey
ConstructionBrick
BasementUnfinished, Separate Entrance
Lot Size15.67 × 131 Feet
CountyToronto
Annual Tax$6,236
Legal DescriptionPLAN 550 PT LOTS 33 & A

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

Fenced Yard, Place Of Worship, Public Transit

Interior Features

None

Security Features

Community Features

Location

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61 First Avenue, Toronto, ON
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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 61 First Avenue, Toronto E01, ON M4M 1W7

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$239,800 (20.0%)
* Minimum Canadian down payment required for this price is $239,800.
Amortization Period25 Years
Estimated Monthly Payment$5,716Based on a loan of $959,200 over 25 years.
Purchase Price$1,199,000
Loan Amount$959,200
Provincial Land Transfer Tax:$20,455
Toronto Municipal Land Transfer Tax:$20,455
Total Estimated Closing Taxes:$40,910

About Purchasing a Home in Toronto, ON

For a property listed at $1,199,000 in Toronto, the legal minimum down payment is $239,800 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 $20,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $20,455 also applies, bringing the total estimated land transfer taxes to $40,910.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for South Riverdale, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,068,583

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Withrow Avenue
Public25 Bain Avenue, Toronto, Ontario, M4K 1E5
7.8
Morse Street
Public180 Carlaw Avenue, Toronto, Ontario, M4M 2R9
6.9
Nelson Mandela Park
Public440 Shuter Street, Toronto, Ontario, M5A 1X6
1.6
Sprucecourt
Public70 Spruce Street, Toronto, Ontario, M5A 2J1
4.6
Blake Street
Public21 Boultbee Avenue, Toronto, Ontario, M4J 1A7
5.8

Secondary Schools

Riverdale
Public1094 Gerrard Street East, Toronto, Ontario, M4M 2A1
8.7
Rosedale Heights-Arts
Public711 Bloor Street East, Toronto, Ontario, M4W 1J4
8.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.