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New3 hours ago

174 Heward Avenue

South Riverdale, Toronto

$2,499,000

Detached|2 1/2 Storey
6 | 3 | 2
About this home

ONE OF A KIND! A remarkable century home in Leslieville with a professionally designed soundproof music studio! Welcome to the Grand Dame of Heward Avenue, one of Leslieville's most picturesque tree-lined streets. This charming 6-bedroom Edwardian has been lovingly restored, preserving exceptional period details including cove ceilings, stained glass, ceiling medallions, oak trim, quarter-sawn white oak and maple hardwood floors, decorative fireplaces and a gracious curved front porch with ornate original pillars and balusters. A true architectural time capsule, thoughtfully updated for modern living. Downstairs, discover the expansive soundproof floating music studio designed by Pilchner Schoustal Inc., featuring 9-foot ceilings, large windows and warm birchwood floors. A dream space for musicians, recording artists and creatives, it also offers endless possibilities as a recreation room, home theatre, office, gym or private in-law suite. Upstairs, two bedrooms have been converted to a family room and second-floor laundry. Both upper floors offer west-facing CN Tower views, while the third-floor primary suite features a full bathroom and adjoining bedroom, ideal for a nursery, office or dressing room. Set on a generous 25 x 118 ft. lot with a beautiful perennial garden and coveted two-car garage. Close to shops, restaurants, the Beach, Danforth, highways and downtown, plus it's in the Riverdale CI and Morse PS (French Immersion) catchment area! New subway/GO transit hub slated for 2030. Note: laneway suite and expansion potential! A truly special home on a street known for wonderful neighbours, lively street parties and fantastic Halloween festivities!

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Contact Jonathan directly.

agent
Jonathan Lee
(647) 983-0770
TypeDetached
Style2 1/2 Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$7,788
Lot Size25 ft x 118 ft
mls© NumberE13858282
Listed ByREAL ESTATE HOMEWARD

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$12,791
Property tax
$649
Heat allowance
$150
Housing costs
$13,590 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $499,800
25-yr amortization

Income needed

$418,000

gross annual household income

Payment at 4%
$10,516 / mo
Cash down
$499,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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