MLS® listing
48 Boston Avenue 3: condo townhouse for sale
$989,900
From the listing brokerage
Fabulous, fully reimagined & redesigned 1189 sq ft 2 storey 3-bedroom condo townhouse with parking & a locker on beautiful, quiet Boston Ave! Spanning the 2nd & 3rd floors, this sun-filled space features a gorgeous Scandinavian custom kitchen with stone countertops, undermounted sink, black ceramic tile floors & walkout to a large balcony with gas BBQ hookup. Soaring 10-ft smooth ceilings on both floors, custom wooden built-ins, a striking feature wall & custom railings throughout. Two bathrooms include a 4-piece with rain showerhead & a 2-piece powder room. The spacious primary bedroom offers double closets with built-ins, while all three bedrooms can accommodate a bed & home office. Blackout blinds & sheers in both bedrooms. The third bedroom on the third floor is currently used as a dining room, complete with an electric fireplace providing an additional heat source. Includes parking & locker. Just steps to trendy Queen St E cafes, restaurants, shopping, serine parks and more! Pet friendly.
Facts on the listing
| Square feet | 1000-1199 |
|---|---|
| Style | Stacked Townhouse |
| Basement | None |
| Parking spaces | 1 |
| Garage | Underground |
| Heating | Forced Air |
| Cooling | Central Air |
| Kitchens | 1 |
| Rooms | 6 |
| Maintenance fee | $903 |
| Property tax | $4,291 |
| Tax year | 2025 |
| Locker | Owned |
| Pets | Yes-with Restrictions |
| Exposure | East West |
| Fee includes | Common Elements Included, Parking Included, Water Included |
| Balcony | Open |
| Laundry | Ensuite |
| Parking | Underground |
| Interior features | Other |
| Floor | 2 |
Listing courtesy of RE/MAX HALLMARK REALTY LTD.. MLS® E14106210.
About this condo townhouse
48 Boston Avenue 3 is a 3 bedroom condo townhouse in TRREB's South Riverdale community in Toronto, listed for sale at $989,900. The listing shows 2 bathrooms and 1000-1199 square feet. The style is given as stacked townhouse. The unit faces east west. It comes with 1 parking space, an underground garage and a locker (owned) according to the listing. The nearest main intersection given is Queen Street E & Boston.
These details come from the listing brokerage through TRREB's MLS® System. Room sizes, parking and locker ownership and what the fee covers should all be checked against the status certificate before an offer is firm.
What it costs to buy 48 Boston Avenue 3
At the asking price of $989,900, a buyer pays two land transfer taxes on closing: the Ontario tax and the City of Toronto's municipal tax. Both apply to every home inside the City.
| Asking price | $989,900 |
|---|---|
| Ontario land transfer tax | $16,273 |
| Toronto municipal land transfer tax | $16,273 |
| Both taxes | $32,546 |
| First-time buyer relief, if you qualify | up to $8,475 |
| Minimum down payment | $73,990 |
The down payment figure is the federal minimum: 5 percent of the first $500,000 and 10 percent of the rest. A lender can ask for more. These figures use the asking price, so they change if you pay more or less. Legal fees, title insurance and adjustments are extra: ask your lawyer for a written quote. This is general information, not legal or tax advice. Confirm the figures with a lawyer or accountant. You can change the price in our land transfer tax calculator and our mortgage calculator.
What it costs to own each month
| Maintenance fee | $903 a month |
|---|---|
| Property tax (2025) | $4,291 a year, about $358 a month |
| Fee and tax together | about $1,261 a month |
The listing says the maintenance fee includes common elements, parking and water. That is before a mortgage payment, home insurance and any utilities the fee does not cover. Fees are set each year in the corporation's budget and can change. The status certificate shows the current fee, the budget behind it and the reserve fund.
How the asking price compares
TRREB recorded 120 condo townhouse sales in the City of Toronto in August 2026, at a median price of $661,650 and an average of $712,296. This home is listed at $989,900, which is $328,250 above that median.
The median covers every neighbourhood, size and condition in the City of Toronto, so it is a reference point and not a valuation of this home. Location, size, lot, parking and condition all move the price. Our Toronto house prices page has the figures for every home type.
What to check before you make an offer
- Order the status certificate. A condo corporation must provide it within 10 days of a request and can charge up to $100. It shows the fee for this unit, any arrears, the budget, the reserve fund balance and any special assessment or lawsuit the corporation knows about.
- Have a lawyer read it. The certificate comes with the declaration, by-laws and rules. Ask what they say about pets, renting the unit and renovations. The listing gives pets as "Yes-with Restrictions".
- Confirm the parking and locker. The listing shows 1 parking space and a locker. Ask whether each is owned, exclusive use or rented. Get the unit numbers.
- Check the reserve fund study. Ask when the last study was done and what it says about contributions.
- Get your financing in writing. A lender looks at the maintenance fee and the property tax as well as the price.
- See it in person. Photos do not show noise, light at different hours or the state of the hallways and elevators.
Our first-time home buyer guide and our page for buyers walk through each step. This is general information, not legal advice. Confirm the details with a lawyer.
About Riverdale
Two TRREB communities east of the Don River, with four Line 2 stations along the north edge and four streetcar routes running east and west. Semi-detached houses are the largest single group of sales.
Transit: Line 2 Bloor Danforth at Broadview, Chester, Pape and Donlands stations; 501 Queen, 504 King, 505 Dundas and 506 Carlton streetcars; 72 Pape bus
| Property type | Median | Sales and average |
|---|---|---|
| North Riverdale: all property types | $1,799,000 | 37 sales, average $1,864,965 |
| North Riverdale: semi-detached | About $1,780,000 | 26 sales, average about $1,829,000 |
| North Riverdale: detached | About $2,400,000 | 8 sales, average about $2,303,000 |
| South Riverdale: all property types | $1,257,500 | 122 sales, average $1,247,653 |
| South Riverdale: detached | About $1,805,000 | 17 sales, average about $1,856,000 |
| South Riverdale: semi-detached | About $1,464,000 | 40 sales, average about $1,441,000 |
| South Riverdale: freehold townhouse (TRREB att/row/townhouse) | About $1,297,000 | 23 sales, average about $1,404,000 |
| South Riverdale: condo townhouse | About $705,000 | 11 sales, average about $834,000 |
| South Riverdale: condo apartment | About $605,000 | 31 sales, average about $696,000 |
Source: TRREB community housing market reports, as set out in the guide.
Questions about Riverdale
Is Riverdale a good place to live?
On transit and housing choice it covers a lot of ground. There are four Line 2 stations and four streetcar routes and from April to June 2026 South Riverdale alone recorded sales in every property type from condo apartments near $605,000 to detached houses near $1,805,000 (TTC, TRREB).
What is the difference between North and South Riverdale?
TRREB reports them separately. From April to June 2026 North Riverdale had 37 sales at a median of $1,799,000, mostly semi-detached houses, while South Riverdale had 122 sales at a median of $1,257,500 across a wider mix that includes condos.
How much is a semi-detached house in Riverdale?
From April to June 2026 the semi-detached median was about $1,780,000 across 26 sales in North Riverdale and about $1,464,000 across 40 sales in South Riverdale (TRREB). These are chart readings, so treat them as approximate.
How many subway stops is Riverdale from Union station?
From Broadview station it is 3 stops west on Line 2 to Bloor-Yonge, then 6 stops south on Line 1 to Union, 9 stops in all (TTC map).
Is Riverdale a heritage conservation district?
Part of it is. The City of Toronto designated the Riverdale heritage conservation district in 2008 and says it contains some of the earliest properties on the east side of the Don River. Check whether a specific address falls inside it before planning exterior changes.
Are there condos in Riverdale?
Mostly in South Riverdale, which had 31 condo apartment sales and 11 condo townhouse sales from April to June 2026. North Riverdale recorded 1 condo apartment sale in the same period (TRREB).
Read the Riverdale neighbourhood guide · All Riverdale homes for sale
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Questions about 48 Boston Avenue 3
How much is land transfer tax on 48 Boston Avenue 3?
At the asking price of $989,900 the Ontario tax is $16,273 and the Toronto tax is $16,273, $32,546 in total. A first-time buyer who qualifies can get up to $8,475 back. Confirm the final figures with your lawyer.
What is the minimum down payment for 48 Boston Avenue 3?
$73,990 at the asking price of $989,900, under the federal minimum down payment rules. A lender may require more.
What is the maintenance fee at 48 Boston Avenue 3?
The listing shows $903 a month, including common elements, parking and water. Check the current fee in the status certificate.
How much is the property tax on 48 Boston Avenue 3?
The listing shows $4,291 a year for 2025, about $358 a month.
Is 48 Boston Avenue 3 priced above or below the median?
It is listed at $989,900. The August 2026 median for condo townhouse sales in the City of Toronto was $661,650 across 120 sales, so the asking price is $328,250 higher. The median covers all sizes and neighbourhoods.
How do I book a showing for 48 Boston Avenue 3?
Use the form on this page or call us. Quote MLS® E14106210. We will confirm the listing is still available and arrange a time with the listing brokerage.
Is 48 Boston Avenue 3 still for sale?
This page is refreshed from TRREB's MLS® System through the day. If the listing sells or is withdrawn the page says so. Contact us to confirm before you make plans.
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