Exceptional Investment Opportunity in Leslieville! Welcome to 263 Leslie St, a detached legal duplex with a fully equipped basement in-law suite, perfectly situated in one of Torontos most vibrant and rapidly evolving neighbourhoods. This versatile property has operated as three self-contained 2-bed, 1-bath units, making it an ideal choice for investors, end-users, or multi-generational living. The main floor unit features two spacious bedrooms, a full bath, in-unit laundry, and is currently tenanted on a month-to-month lease. The vacant upper unit mirrors the layout and includes rough ins for laundry, ready for customization or a new tenant. The basement suite is bright and functional with a kitchen, two bedrooms, and a bathroom, plus a walk-out to the backyard, creating flexibility for rental or personal use. Key updates include a new roof (2015), weeping tile system, and sump pump for added peace of mind. The home also features two separate hydro meters (one for the upper level, and one for the main + basement), plus rare two-car laneway parking. Located in the heart of Leslieville, just steps to Queen Street Easts eclectic mix of cafes, shops, and restaurants, with easy TTC access and future growth potential. Zoned and configured to generate excellent income now, with the ability to reconfigure as a single-family home, merge main + basement, or upgrade units for greater returns. Whether you're looking to live and rent or seeking a pure investment play in a highly desirable area, 263 Leslie St offers endless upside.
Property Type:
Residential Freehold
Property Sub Type:
Duplex
Home Style:
2-Storey
Total Approx Floor Area:
1500-2000
Depth:
121'5"37 m
Frontage:
20'4"6.19 m
Direction Faces:
East
Bedrooms:
4+2
Bathrooms:
3.0
Water supply:
Municipal
Kitchens:
3
Kitchens in Basement:
1
Bedrooms Above Grade:
4
Bedrooms Below Grade:
2
Kitchens Above Grade:
2
Rooms Above Grade:
8
Rooms Below Grade:
4
Heating type:
Baseboard
Heating Fuel:
Electric
Foundation:
Unknown
Roof:
Asphalt Shingle
Basement:
Apartment, Separate Entrance
Fireplace/Stove:
No
Garage:
None
Garage Spaces:
0.0
Parking Features:
Lane
Parking Spaces:
2
Total Parking Spaces:
2.0
Family Room:
No
Possession Details:
Flexible
Pool:
None
HST Applicable To Sale Price:
Not Subject to HST
Assessment Year:
2024
Taxes:
$5,459.59 /
2025
Assessment:
$- /
2024
Toronto E01
South Riverdale
Toronto
Park, Rec./Commun.Centre, School, Public Transit, Place Of Worship, Library
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