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$1,688,000
59 Austin Ave
Toronto E01, ON M4M 1V7
59 Austin Ave, Toronto E01 — Sold for $1,688,000. 5 bedroom, 3 bathroom 2 1/2 Storey Detached. MLS® E12839492.
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.
Property Details
Listing Courtesy of: SOTHEBY'S INTERNATIONAL REALTY CANADA
MLS® #E12839492
The listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The listing data is deemed reliable but is not guaranteed accurate by TRREB. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by The Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.
© 2026 Toronto Regional Real Estate Board. All rights reserved.
HouseIndex Take: 59 Austin Avenue
This detached (2 1/2 Storey) is located in the South Riverdale neighbourhood of Toronto.
The home offers 5+1 bedrooms, 3 bathrooms.
Features include a apartment, separate entrance basement, 2 parking spaces, a fireplace.
Additional details: lot dimensions of 19.5 × 102.58 feet.
This property has been sold. Annual property taxes were $7,714 (2025). Sign in to view the sold price.
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About Toronto Real Estate
This Detached in the South Riverdale community in Toronto has been sold. Toronto is Canada's largest city and the economic hub of the Greater Toronto Area. With world-class transit, diverse neighbourhoods from the Annex to Scarborough, and proximity to major employers in the Financial District, it remains the most sought-after real estate market in Ontario. Buyers benefit from extensive GO Transit and TTC subway connectivity. Detached homes in Toronto are in high demand among families seeking space, privacy, and long-term equity growth. Reviewing sold prices in the area helps buyers and sellers understand current market values.