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$2,665,000Asking Price

8 First Ave

Riverside, Toronto

Semi-Detached
4 + 2
Bedrooms
5
Baths
1.5
Parking
Days on Market

This is the turn-key property you have been waiting for. Fully renovated Edwardian semi with a legal basement apartment with a separate entrance. Plus a gorgeous lane way house with enough space for your car & toys with 2nd floor studio. Both of these separate units offer an amazing opportunity to lower your living costs. You can have the separate units pay for close to half of your mortgage with just 20% down. Or if you have a family member you need to help care for you can have them live in your home while still offering them a separate living space. Top of the line finishes through-out the home are a must see so you can experience the attention to detail & quality craftsmanship. Open concept main floor w/ stunning flat panel custom kitchen, 6-burner gas Dacor stove, wall oven, built-in oven & fridge. Spacious living room w/ gas fireplace.

This is the turn-key property you have been waiting for. Fully renovated Edwardian semi with a legal basement apartment with a separate entrance. Plus a gorgeous lane way house with enough space for your car & toys with 2nd floor studio. Both of these separate units offer an amazing opportunity to lower your living costs. You can have the separate units pay for close to half of your mortgage with just 20% down. Or if you have a family member you need to help care for you can have them live in your home while still offering them a separate living space. Top of the line finishes through-out the home are a must see so you can experience the attention to detail & quality craftsmanship. Open concept main floor w/ stunning flat panel custom kitchen, 6-burner gas Dacor stove, wall oven, built-in oven & fridge. Spacious living room w/ gas fireplace.

  OPEN HOUSE
  VIRTUAL TOUR

Key Info

  • 2.5-Storey Semi-Detached
  • 0-Car Laneway Driveway
  • 1.5-Car Detached Garage
  • Broadview And Gerrard St E
  • 1500-2000 Approximate Sq Feet
  • Basement: Apartment, Separate Entrance
  • 2 + 1 Kitchens
  • Forced Air Gas Heating
  • Central Air

Property

  • Lot Size 20 x 126 Feet
  • Brick Exterior
  • Taxes were $6,196 in 2024
  • Possession: 30/TBA

Details

  • Fireplace
  • Family Room
  • Upper Laundry
  • Sewers
  • Municipal Water
  •  
  • MLS #E8157358
  • PROPERTY.CA INC.

Extras

  • Rental income potential for basement is $2100/m long term or $6,000/m short term. Laneway house income potential income is $2000/m or $6000/m short term.$49,200/y long term or $121,200/y short term. How much of your mortgage does that pay?
Room Floor Dimensions Details
1 Living Room Main 22.51' x 14.60' Hardwood Floor, Fireplace, Pot Lights
2 Dining Room Main 11.42' x 7.68' Hardwood Floor, Combined W/Living, Pot Lights
3 Kitchen Main 15.03' x 10.20' Hardwood Floor, Built-in Appliances, Walkout To Yard
4 Primary Bedroom 2nd 14.73' x 11.88' Hardwood Floor, 3-PieceEnsuite, Pot Lights
5 2nd Bedroom 2nd 8.96' x 8.60' Hardwood Floor, Large Window, Pot Lights
6 3rd Bedroom 2nd 10.70' x 10.01' Hardwood Floor, Closet, Pot Lights
7 4th Bedroom 3rd 21.19' x 10.96' Hardwood Floor, Walkout To Deck, Pot Lights
8 Bedroom Basement 13.75' x 10.27' Laminate, Closet, Above Grade Window
9 Living Room Basement 13.81' x 8.43' Laminate, Combined W/Living, Pot Lights
10 Kitchen Basement 13.81' x 9.81' Laminate, Stainless Steel Appliances, Pot Lights
11 Living Room Upper 13.19' x 9.38' Hardwood Floor, Combined W/Br, Combined W/Laundry
12 Kitchen Upper 8.04' x 7.87' Hardwood Floor, Stainless Steel Appliances, Pot Lights
Washroom1 2-Piece Bathroom on Main Floor
Washroom1 3-Piece Bathroom on 3rd Floor
Washroom1 4-Piece Bathroom on 2nd Floor
Washroom1 3-Piece Bathroom on 2nd Floor
Washroom1 3-Piece Bathroom in Basement

Who lives here?

Riverside, Toronto is a central Toronto neighbourhood notable for its singles, university grads, executives and business, education, law & public sector and arts & culture professionals. It has a higher than average population of immigrants from China and Vietnam, and Cantonese speakers. Residents tend to be younger with a significant number of babies and adults aged 30 to 54.

Families

Kids Per Family

0.9

kids per family
in the neighbourhood.

Toronto  (1.2)
Gta  ({{ '1.29999995231628' | number: 1 }})

Singles

51% of residents are
single and loving it.

51% singles

Toronto (50%)
Gta ({{ '44.8800010681152' | number: 0 }}%)

Renters

41% of residents
are renters.

41% renters

Toronto (47%)
Gta ({{ '33.0200004577637' | number: 0 }}%)

Education

52% of residents are
university grads.

52% university grads

Toronto (48%)
Gta ({{ '43.6699981689453' | number: 0 }}%)

Income

Average Household Income

$134K

is the average household
income in the neighbourhood.

Toronto  ($132K)
Gta  ({{ '135056.828125' | minifiedCurrency }})

Professions

Professions
Sales 15%
Business 12%
Government 11%
Management 11%
Culture 9%

Immigrants

35% of residents were
born outside of Canada.

35% immigrants

Toronto (48%)
Gta ({{ '45.4300003051758' | number: 0 }}%)

Birthplace - All

China was once home to 9.4% of immigrants.
Vietnam 5.5%
Philippines 2.0%
UK 1.5%
Hong Kong 1.3%

9.4% from China
All-time

Birthplace - Recent

China was once home to 1.3% of immigrants.
UK 0.6%
India 0.5%
USA 0.5%
Philippines 0.3%

1.3% from China
Recent

Foreign Languages

Foreign Languages
Cantonese 10%
Mandarin 4%
Vietnamese 3%
French 3%
Chinese 2%

Religions

Religions
Christian 35%
Buddhist 10%
Muslim 5%
Jewish 3%
Hindu 1%

Social Housing

Social Housing Buildings

8

Social housing buildings
in the neighbourhood.

Gta Avg (5.19)

Shelters

Shelters

3

Homeless shelters in
the neighbourhood.

Gta Avg (0.54)