
















245 Ashdale Avenue
Greenwood-Coxwell, Toronto
$1,988,000
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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| Type | Detached |
| Style | 2-Storey |
| Approx. Age | 100+ |
| Size | 1500-2000 sq. ft. |
| Property Tax | $8,617 |
| Lot Size | 25 ft x 121.92 ft |
| mls© Number | E13811266 |
| Listed By | FOREST 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.
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 checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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