$1,500,000
For sale: Multiplex

Rare opportunity to own a well-maintained triplex with three legal parking spaces in the heart of Leslieville, one of Toronto's most sought-after east-end neighbourhoods. Situated on a quiet residential street, this income-generating property offers a compelling blend of character, flexibility, and long-term investment potential.This classic Toronto property features three self-contained residential units, providing multiple revenue streams and exceptional versatility for investors, owner-occupiers, or multi-generational families. Each suite offers bright, functional living spaces with excellent natural light and independent living accommodations. The property is ideally positioned just steps from Queen Street East's vibrant collection of cafés, restaurants, boutiques, and local amenities. Residents enjoy easy access to public transit, parks, schools, and the downtown core, making this a highly desirable location with strong rental demand. Highlights include: Three self-contained residential units with parking and ensuite laundry for each. Strong income potential with opportunity for future rental growth. Highly desirable Leslieville location. Walkable neighbourhood close to shops, dining, and transit.Flexible ownership options for investors or owner-occupiers. Excellent long-term appreciation potential in a premier Toronto neighbourhood.Whether you're looking to expand your investment portfolio, live in one unit while generating rental income from the others, or secure a valuable asset in a thriving community, 114 De Grassi Street presents an outstanding opportunity. A rare offering in one of Toronto's most dynamic neighbourhoods. Don't miss your chance to own this exceptional Leslieville triplex! Some photos have been virtually staged. **Open House July 11 and 12th 2:00 to 4:00 p.m.** **Ensuite laundry in each unit**
Sold data
Multiplex homes in Toronto (South Riverdale) took a median of 32 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 73, across 34 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 84 days.
The median sale price was $1,262,000.
Homes sold for about 5.7% below asking on average, so there was room to negotiate.
About 15% of sales closed above the list price.
Around 15% of sellers reduced their price before finding a buyer.
Based on 34 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Toronto (South Riverdale) has 529 Fraser Institute–rated schools (425 elementary and 104 secondary), averaging 6.2/10.
School ratings from the Fraser Institute's Ontario school report cards.
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