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MLS® E14118070For SaleFreehold Townhouse

14 De Grassi St

South Riverdale, Toronto, Ontario M4M 2K3

Map
1 / 43
14 De Grassi St, Toronto, photo 1
Asking$1,495,000
Bedrooms
3+1
Bathrooms
2
Size
2,000–2,500sq ft
Per sq ft
$664at the range’s middle
Lot
17.09 x 92.58 ft
Tax a year
$6,6742025 tax year
Built
100+
Parking
0none
Days on market
Members

The brief

About 14 De Grassi St

14 De Grassi St is a 3+1-bedroom, 2-bathroom freehold townhouse in South Riverdale, Toronto, listed for sale at an asking price of $1,495,000 (MLS® E14118070).

Set on a coveted street in the heart of Leslieville, 14 De Grassi Street blends timeless character with comfortable urban living. Original crown mouldings, soaring ceilings and generous windows bring warmth and natural light throughout, while thoughtfully arranged living spaces offer flexibility for modern family life.The welcoming foyer features antique glass detailing, a built-in bench and practical coat storage. Beyond, the open-concept main floor unfolds into inviting living and dining areas, defined by engineered hardwood floors, oversized windows and classic architectural details. The kitchen offers custom cabinetry, stainless steel appliances, generous counter space and a movable island, with a walkout to the back deck. The backyard is a private, fenced oasis offers a welcome extension of the living space. A custom deck creates an ideal setting for summer entertaining, relaxed evenings and outdoor dining, with additional room for gardening and a convenient storage shed. Upstairs, the primary bedroom is filled with natural light and features high ceilings and a generous closet. A private staircase leads to a versatile third-floor loft, ideal as a home office, den or workout space, with access to a terrace offering city views. Two additional bedrooms and a renovated three-piece bathroom complete the second floor.The finished lower level adds valuable flexibility, with a fourth bedroom, a renovated three-piece bathroom, laundry and additional storage.Enjoy the best of Leslieville living, with the shops, cafés and restaurants of Queen Street East just a stroll away. Convenient public transit with new LRT station scheduled for completion allows for easy access downtown. Nearby schools further enhance the appeal of this well-located urban home.

Insights

  • Condition Score

    Good

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$3,702/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 38 townhouses with 4 bedrooms for lease in Toronto right now. Cost of owning counts the mortgage and property tax.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$6,674 / 2025
MLS® number
E14118070
Board
TRREB MLS®
Property Type
Att/Row/Twnhouse
Building Age
100+
Days on market
Size
2000-2500 sqft
Lot Size
17.09 x 92.58 ft
Listed on
Parking
None, 0 Parking
Listing brokerage: ROYAL LEPAGE REAL ESTATE SERVICES HEAPS ESTRIN TEAMData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Att/Row/Twnhouse
Style
2 1/2 Storey
Community
South Riverdale
Municipality
Toronto

Building

Size
2000-2500 sqft
Building Age
100+
Construction
Stone

Inside

Bedrooms
3+1
Bathrooms
2
Bathroom Details
1 × 4pc 2nd, 1 × 3pc Bsmt
Basement Type
Finished
Kitchens
1

Parking

Driveway
None
Garage Type
None
Additional Parking
0
Total Parking
0

Utilities

Water
Municipal
Cooling
Central Air
Heating Type
Forced Air

Land

Sewer
Sewers
Frontage
17.09 ft
Depth
92.58 ft
Lot Size
17.09 x 92.58 ft

Additional

Foundation
Concrete
Roof
Asphalt Shingle
Fireplace
No
Pool
None
Den
No
Family room
No
Extras
See Schedule B

Rooms

RoomSizeFeaturesLevel
Living3.28 × 4.52 mhardwood floor, Crown Moulding, Large WindowGround
Dining4.19 × 4.24 mhardwood floor, Crown Moulding, Combined W/KitchenGround
Kitchen3.35 × 5.31 mEat-In Kitchen, Renovated, W/O To YardGround
Primary3.76 × 5.0 mhardwood floor, W/I Closet, Large Window2nd
2nd Br3.07 × 3.04 mhardwood floor, Closet, Window2nd
3rd Br3.25 × 3.3 mhardwood floor, Window2nd
Loft3.25 × 5.21 mhardwood floor, Closet, W/O To Deck3rd
4th Br3.15 × 4.37 mTile Floor, ClosetLower
Laundry1.47 × 2.34 m—Lower

Listing history

Buy/sell history for 14 De Grassi St, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$1,495,000N/AFor SaleE14118070

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $299,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$299,000
Total mortgage amount
$1,196,000
Total interest payment
$850,300
Total purchase cost
$2,345,300
Mortgage payment
$6,821/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

63%

Monthly carrying cost

$7,377
−$3,702per month
  • Rent $3,675
  • Shortfall $3,702

Rental income opens at $3,675, the median asking rent of 38 comparable homes for lease in Toronto. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$26,375
Toronto municipal land transfer tax
$26,375
Total land transfer tax
$52,750
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$44,275
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $1,495,000
$21,900
Ontario total
$26,375

Toronto’s municipal tax uses the same brackets at this price, so it adds another $26,375.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Lot

Lot area
1,582 sq ft147 m²
Street frontage
17.09 ft5.2 m
Depth
92.58 ft28.2 m
17.09 × 92.58 ftDE GRASSI ST

The area is the frontage multiplied by the depth, so boundaries are approximate. Confirm with a survey before you buy.

Source: the MLS® listing record.

Heritage and ravine protection

  • Not found on the Heritage Register
  • Not in a mapped Heritage Conservation District
  • Not in the mapped ravine protection area

What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Zoning

Zone

R (d1.0) (x808)

By-law

569-2013

Municipality

Toronto
Residential zone (R)
  1. 1 d1.0

    Density: floor area is capped at 1.0 times the lot area.

  2. 2 x808

    Site-specific exception 808: this site has rules of its own, written in the by-law.

  3. 3 Where this is written

    Chapter 10, section 10.10 of By-law 569-2013 · Exception 900.2.10(808)

  4. 4 What that means in practice

    These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.

City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Permit history

No building permits on file at this address.

Signals around this home

Changing nearby

Changing nearby. 6 open development applications within 800 m of this home.

  • 8 DE GRASSI STSite planAppeal Received

    Sties Plan Control application for a proposed 6-storey mixed use building with 15 residential and one commercial units. Minor Variance application 22 240793 STE 14 MV is associated (deferred Dec. 2022). This application (both SP and MV applications) were appelaed by the applicant. The MV appeal (OLT-23-000401) was approved by the OLT on April 5, 2024. The SP appeal (OLT-23-000315) is still subject to conditions of Final Order.


    30 m away

  • 797 QUEEN ST ESite planUnder Review

    Site Plan Control Placeholder for Leslieville Station, one of the stations included in the Ontario Line Elevated Guideway and Stations contract.


    90 m away

  • 26 B LEWIS STPlan of subdivisionUnder Review

    Draft Plan of Subdivision for 2 blocks.


    170 m away

  • 26 B LEWIS STOfficial plan or zoning amendmentOMB Appeal

    Official Plan and Zoning By-law amendment to facilitate the development of the site for a 12-storey mixed-use building having a non-residential gross floor area of 794 square metres, and a residential gross floor area of 28,638 square metres. A total of 340 residential dwelling units are proposed. Application appeald to OLT (OLT-23-000276) on Mar 29, 2023.


    170 m away

  • 40 LEWIS STPlan of subdivisionUnder Review

    Draft Plan of Subdivision for 2 blocks.


    350 m away

  • 40 LEWIS STOfficial plan or zoning amendmentOMB Appeal

    Official Plan and Zoning By-law amendment to facilitate the development of the site for a 12-storey mixed-use building having a non-residential gross floor area of 794 square metres, and a residential gross floor area of 28,638 square metres. A total of 340 residential dwelling units are proposed. Application appeald to OLT (OLT-23-000276) on Mar 29, 2023.


    350 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

The market

Townhouses for sale in South Riverdale right now

For sale now
17
Median asking price
$1.25M

Middle half: $999K to $1.43M

New in 7 days
2

11 in 28 days

Price cuts
6%

1 listing

This home is asking 20% above the median, higher than three quarters of them.

See all homes in South Riverdale

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Map and tour

Transit nearby

StationLinesDistance
Chester StationTTC subway: Line 2 Bloor-Danforth2.1 km
Broadview StationTTC subway: Line 2 Bloor-Danforth2.1 km
Pape StationTTC subway: Line 2 Bloor-Danforth2.2 km
Castle Frank StationTTC subway: Line 2 Bloor-Danforth2.4 km
Union StationTTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train3.2 km

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Dundas Junior Public SchoolToronto DSBPublic · grades JK–5 · French Immersion300 m59%Grade 3 average
Morse Street Junior Public SchoolToronto DSBPublic · grades JK–6 · French Immersion500 m81%Grade 6 average
St Paul Catholic SchoolToronto CDSBCatholic · grades JK–81.3 km72%Grade 6 average
ÉÉC du Bon-BergerConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–61.6 km—
SecondaryTypeDistanceGrade 9 math 2024–25
Eastdale Collegiate InstituteToronto DSBPublic · grades 9–12650 m—
Inglenook Community SchoolToronto DSBPublic · grades 9–121.3 km—
St Martin Catholic School (St.Martin)Toronto CDSBCatholic · grades 9–121.7 km—
Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–122.5 km86%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

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Email Yossi Kaplan, MBA, Salesperson