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New2 hours ago

245 Ashdale Avenue

Greenwood-Coxwell, Toronto

$1,988,000

Detached|2-Storey
2 | 3 | 1
About this home

Welcome to 245 Ashdale Avenue, a fully gut-renovated 2-storey detached home on a 25 x 122 ft lot in Greenwood-Coxwell, steps to Gerrard East and a short walk to Leslieville, The Beach, and the waterfront. Premium finishes throughout: hardwood on the main floor, large-format heated tile floors on the basement and the second floor. Stucco exterior, flat roof, large rear deck, second-floor balcony, and a legal interlock parking pad for one car.Flexible layout with separate access to the second floor. Main floor and basement: 2 bedrooms, den, two 3-pc bathrooms with stand-up showers, kitchen on the main floor and a wet bar in the basement; two laundries. Second floor: self-contained 1-bedroom suite with kitchen, 3-pc ensuite, laundry, heated floors, and walk-out balcony (currently leased as a private upper apartment; tenant pays $3000 a month and is willing to stay or move out depending on buyer's preference). Forced-air gas heat, central air, hot water tank owned. Buyer to assume the second-floor tenancy ($3,000/month including utilities; confirm current lease). Not a registered duplex. Live on one level and keep income on another, or use the home for extended family. Nearby: Leslieville shops and cafes, Gerrard/Ashdale Library, Greenwood Park, Monarch Park, 506 Carlton streetcar, Coxwell and Greenwood stations, short walk to Queen St E shops and restaurants. Ashbridge's Bay and the boardwalk are a short ride south.

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This seller is holding back offers

Instead of reviewing offers as they come in, this seller has set offer instructions — a strategy often paired with attractive pricing to invite competing bids. Timing and preparation matter here; get in touch and we'll walk you through it.

TypeDetached
Style2-Storey
Approx. Age100+
Size1500-2000 sq. ft.
Property Tax$8,617
Lot Size25 ft x 121.92 ft
mls© NumberE13811266
Listed ByFOREST HILL REAL ESTATE INC.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$10,175
Property tax
$718
Heat allowance
$150
Housing costs
$11,044 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $397,600
25-yr amortization

Income needed

$340,000

gross annual household income

Payment at 4%
$8,366 / mo
Cash down
$397,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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