121 Logan Avenue, Toronto, ON
South Riverdale, Toronto · MLS® E13242682
About this home
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
- 49
- Listing brokerage
- LENNARD COMMERCIAL REALTY
Heads up: the asking price here sits well above what comparable listings suggest. That can point to premium finishes, a bigger lot, or simply an ambitious ask, so it is worth a close look before you offer. I would not put an automatic figure on this one. Tell me you are interested and I will pull the most comparable recent sales and give you a straight answer on what it will really take.
Ask Moe if this price is fairIts public catchment (Morse Street Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 3 closest active listings nearby.
See all comparable homesOn the market now.
View comparable listingsNot enough sq ft data to place this home on the area price curve.
Neighbourhood & location
South Riverdale, Toronto, ON
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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.
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 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.
Mortgage amount $1,706,400 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $9,106
- Property tax
- $1,206
- Condo / maintenance fees
- $0
- Heating
- $0
- Estimated monthly cost
- $10,312
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
- $546,359
- Principal paid down
- $217,310
- Interest paid
- $329,049
- Balance remaining
- $1,489,090
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 numbersEstimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of LENNARD COMMERCIAL REALTY. MLS®/PropTx.