121 Logan Avenue, Toronto, ON
South Riverdale, Toronto · MLS® E13242682
About this home
In short
- Rare offering suitable for a variety of users.
- The property is zoned for both residential and industrial uses and includes a 2,600 sq. ft.one-storey studio building located on the industrial portion of the lot...
- Occupied by an award-winning graphic design firm since 2011, the studio is architecturally designed space featuring four offices, a boardroom, kitchenette, open work...
- Parking includes 3-4 tandemspaces accessed from the laneway, and 5-6 additional parking available at the front of theproperty and along the driveway on the...
- The site's configuration and dual zoning may warrant exploration of variouspossibilities, which may include, subject to all required approvals, severance of...
Rare offering suitable for a variety of users. NOTE THAT THERE IS NO RESIDENTIAL BUILDING ONTHIS LOT. Reference listing for more details.The property is zoned for both residential and industrial uses and includes a 2,600 sq. ft.one-storey studio building located on the industrial portion of the lot, accessed from thelaneway. Occupied by an award-winning graphic design firm since 2011, the studio is architecturally designed space featuring four offices, a boardroom, kitchenette, open work area,library, storage, and two washrooms, including one with a shower. The building is wellmaintained and move-in ready. Select furnishings may be available.Adjacent to the studio is a large fenced outdoor deck with a barbecue area, providing anattractive setting for meetings, gatherings, and outdoor enjoyment. Parking includes 3-4 tandemspaces accessed from the laneway, and 5-6 additional parking available at the front of theproperty and along the driveway on the residential portion of the lot.The property benefits from proximity to existing transit services and is within walkingdistance of the future Ontario Line station. The surrounding neighbourhood continues to evolvewith ongoing residential and commercial development.Purchasers are encouraged to conduct their own due diligence regarding the property's zoningand permitted uses. The site's configuration and dual zoning may warrant exploration of variouspossibilities, which may include, subject to all required approvals, severance of theresidential and industrial portions of the lot, conversion of studio into residential,additional residential construction, expansion of the existing building, the addition of asecond storey, or laneway housing. Please do not walk lot without appointment with Listing Agent
Key facts
- Property type
- Other, Other
- MLS®
- E13242682
- Bathrooms
- 2
- Lot
- 14.83 × 128.89 ft
- Cross streets
- Eastern Ave & Booth Ave
- Parking
- 9 parking
- Property tax
- $14,468 / 2025
- Days on market
- 137
- Listing brokerage
- LENNARD COMMERCIAL REALTY
No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.
Considering this property? Request a written price readIts public catchment (Morse Street Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
For sale
For sale
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For saleNothing closely matching this home is listed nearby right now, so these are the nearest listings on the market. Homes like this one have recently closed around $1.03M, which is where my estimate comes from.
Per square foot, these ask about $877/sqft. Size is part of the price story, not just the sticker.
The 5 closest of 8 active listings nearby.
See all comparable homesSold price trend
Median sold price for homes in South Riverdale: $1.05M in September 2026, down 7% from a year ago, on 365 closings in 12 months.
Line: median sold price, each month averaged with its neighbours and weighted by closings. Bars: closings that month.
Month by month
| Month | Median sold | Closings |
|---|---|---|
| October 2025 | $1.15M | 36 |
| November 2025 | $926K | 35 |
| December 2025 | $1.07M | 17 |
| January 2026 | $890K | 7 |
| February 2026 | $930K | 27 |
| March 2026 | $1.28M | 33 |
| April 2026 | $1.33M | 40 |
| May 2026 | $1.16M | 45 |
| June 2026 | $1.21M | 38 |
| July 2026 | $775K | 35 |
| August 2026 | $745K | 13 |
| September 2026 | $1.05M | 39 |
Neighbourhood & location
South Riverdale, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).
School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.
Also nearby: 12 more schools within 2.5 km
Not the assigned catchment: schools a family here could reach, with EQAO results where published.
Affordability & Mortgage
Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.
Calculate and customize your mortgage and other expenses
Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.
Your numbers
Homes over $1.5M can't be insured, so 20% down or more is required.
Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 20, 2026); conventional rates run a little higher.
Mortgage amount $1,706,400 · 4.49% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9,435
- Property tax
- $1,206
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,641
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $39,800
- Toronto municipal land transfer tax
- $39,800
- Estimated closing costs
- $79,600
Plus your down payment of $426,600. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.
Over the full 25 years
At the end of your 5-year term
- Total paid over the term
- $566,099
- Principal paid down
- $208,491
- Interest paid
- $357,608
- Balance remaining
- $1,497,909
Talk to Team Asgarian about your options
Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.
Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.
Investor snapshot
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersThe last 407 whole-home leases in South Riverdale signed at a median of $2,795 a month; adjusted to this home for size, beds and baths, and for where rents stood the month each signed, that is $2,850. The gross yield above is on the asking price, before taxes and upkeep; the cap rate is after them. A finished basement or second suite can push real rent above it. Taxes, fees, and vacancy vary by property, and cap rate is before financing.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of LENNARD COMMERCIAL REALTY. MLS®/PropTx.