59 AUSTIN AVENUE, Toronto (South Riverdale), Ontario, M4M1V7

Property Description

Beautifully renovated detached Victorian triplex on one of Leslieville's most sought-after streets. This exceptional property offers endless possibilities-live in, rent out, or easily convert to a single-family home with an income suite. Featuring three self-contained units, each with new kitchens and bathrooms, this home blends classic character with modern comfort. The main floor is vacant and move-in ready, the basement is leased until April 2026, and the third floor is leased until June 30, providing immediate income potential. High ceilings and large windows fill every level with natural light. Numerous upgrades include a new furnace, new windows, new appliances, new decks, and updated landscaping. Private two-car laneway parking adds convenience and value. Currently operated as a successful triplex or Airbnb, this property offers strong returns and long-term appreciation. Prime location just steps to the new Ontario Line subway station, Queen Street East's vibrant restaurants, shops, and cafés, multiple parks, and only minutes to the Danforth and The Beaches. A rare opportunity in one of Toronto's most desirable neighborhoods-perfect for investors, multi-generational living, or end-users seeking flexibility and style. (id:64974)

Quick Facts

• Property Type: House (Freehold)
• Bedrooms: 5 (4 above, 1 below)
• Bathrooms: 3
• Ownership: Freehold
• Attached: No
• Fireplaces: Yes
• Parking: 2 spaces (No Garage)
• Frontage: 20 ft (6 m)

Costs

• Annual Taxes: $7,714.00 (2025)

Listing Provided by: SOTHEBY'S INTERNATIONAL REALTY CANADA
Board: Toronto Regional Real Estate Board
Data provided via CREA DDF®.