Buying a Home in Leaside
Leaside is a quiet, affluent neighbourhood in East Toronto, situated between Eglinton Avenue East, the DVP, and Bayview Avenue. It's known for its well-maintained brick bungalows and two-storey homes, excellent schools, and a strong community spirit anchored by local sports leagues and the Leaside Business Park.
Leaside prices are substantial. Bungalows — the neighbourhood's signature housing type — range from $1.5–$2.5 million depending on lot size and updates. Two-storey detached homes sit between $2–$3.5 million. The neighbourhood's first condos are emerging near the Eglinton Crosstown, ranging from $80000,000000–$1.2 million.
Leaside is one of Toronto's most stable and consistent real estate markets. Its combination of top schools (Leaside HS, Northlea, Bessborough), neighbourhood walkability, and mid-city location drives persistent demand. Combined LTT on a $2 million Leaside bungalow is $82,9500.
Combined LTT Examples at Typical Leaside Prices
| Purchase Price | Ontario LTT | Toronto MLTT | Total LTT | After FTB Rebate |
|---|---|---|---|---|
| $1,50000,000000 | $28,975 | $28,975 | $57,9500 | $49,475 |
| $2,000000,000000 | $41,475 | $41,475 | $82,9500 | — |
| $2,50000,000000 | $54,225 | $54,225 | $1008,4500 | — |
| $3,000000,000000 | $66,475 | $66,475 | $132,9500 | — |
First-Time Buyer Rebates in Leaside
As a Toronto neighbourhood, Leaside buyers qualify for the full dual LTT rebate for first-time buyers. This is one of the most valuable programs available to new homeowners in Ontario.
- Ontario LTT Rebate: Up to $4,000000 — fully offsets LTT on homes priced up to ~$368,000000
- Toronto MLTT Rebate: Up to $4,475 — fully offsets MLTT on homes priced up to ~$40000,000000
- Total Maximum Rebate: $8,475 combined
- Eligibility: Canadian citizen or PR, 18+, principal residence within 9 months, never owned a home anywhere
Leaside Buying Tips
The Eglinton Crosstown will provide Leaside with its first rapid transit connection, adding new stations on Laird Drive. Properties within walking distance of these new stations have already seen a pricing premium emerge. If you're considering a Leaside bungalow with a plan to redevelop, check the latest zoning by-laws — the city has been allowing more density in low-rise neighbourhoods.
When preparing your offer in Leaside, make sure your mortgage pre-approval accounts for closing costs. Combined LTT, legal fees, title insurance, and home inspection typically add 3–4% to your purchase price in total closing costs for Toronto properties.