244-201 Carlaw Avenue, Toronto, ON

South Riverdale, Toronto · MLS® E13507634

$1,129,000
For Sale
Listed 22 days ago
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2Bedrooms
2Bathrooms
1Garage
1000-1199Sq Ft

About this home

Welcome To This Stunningly Renovated Two-Storey Loft In The Heart Of Trendy Leslieville, Located In The Iconic Printing Factory Lofts! Offering Approximately 1,020 Sq Ft Of Spacious And Luxurious Living, This Rarely Offered Residence Features 2 Bedrooms, 2 Bathrooms, And Parking Included.Premium Renovations Throughout With High-End Finishes And Attention To Detail. The Gorgeous Custom Kitchen Showcases A 10-Ft Centre Island That Seats Six, Custom Spice Rack, And Built-In Coffee/Bar Station With Wine Fridge. Walk Up The Gallery-Style Staircase To An Oversized Primary Suite Featuring Vaulted Ceilings And Large Windows. The Second Bedroom Features An Impressive 25-Ft Skylight And A New Built-In Vanity.Floors And Laundry Room Were Redone In 2025, And The Entire Unit Has Been Freshly Painted, Offering A Clean And Modern Feel Throughout.Ideally Situated In The Heart Of Leslieville, Just Steps To The 501 Streetcar, Jimmy Simpson Park, LCBO, Fresh Markets, Boutique Shopping, Thrift Stores, Book And Record Shops, And Incredible Dining Along Queen, Dundas, And Gerrard. Future Ontario Line Subway Station Coming Soon, Enhancing Long-Term Value And Connectivity.

Key facts

Property type
Condo Apartment, 2-Storey
MLS®
E13507634
Bedrooms
2
Bathrooms
2 (1 half)
Size
1000-1199
Cross streets
Queen / Carlaw
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$773/mo
Exposure
South
Property tax
$4,050 / 2026
Days on market
22
Listing brokerage
iCloud Realty Ltd.

Rooms

Living RoomMain5.80 × 4.50 m

hardwood floor · south view · combined w/dining

Primary BedroomSecond4.50 × 4.50 m

hardwood floor · large closet · south view

KitchenMain3.35 × 3.59 m

hardwood floor · stainless steel appl · centre island

Bedroom 2Second3.50 × 3.27 m

hardwood floor · large closet · vaulted ceiling(s)

Our TakeTeam Asgarian · Broker
Above the wider set
$951Kest. value

Listed at $1,129,000, and my independent estimate is tracking about 19% above a wider set of listings, though close matches were thin, so treat this as a rough read until I run a precise CMA.

In South Riverdale lately, sellers get about 96% of asking; homes sell in ~41 days.

List price
$938KGreat deal$1.13MOverpriced

Total price vs nearby homes. Fair value about $951K, median of 15 comparables.

How this estimate is builtthe short version

I take the 15 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.

It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $884K, a close match.

What the listing highlights4 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment. Value driver
Schools & getting aroundcatchment and transit

Its public catchment (Morse Street Junior Public School) tests around the provincial average, a steady, family-friendly draw. The full EQAO breakdown is below.

Read this with carewhy it’s an estimate, not an appraisal

Priced above comparable homes overall, but the price per square foot ($1,027/sqft) is in line with the area, so you are paying for extra space rather than a premium.

There are only a few closely comparable homes right here, so this is a broad read from wider listings in the area. Ask me for a precise CMA before relying on it.

Based on 15 comparable homes nearby.

Comparable listingsCurrently listed nearby in South Riverdale · asking prices
$1.10Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

503-1201 Dundas Street$1.20M202-747 Queen Street$869k403-1238 Dundas Street$825k211-625 Queen Street$900k602-761 Queen Street$1.70M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.13MThis home1.20M869k825k900k1.70MThis home vs active comparables
Live market pulseActive comparables in South Riverdale · median list $652K
$1,027this home / sqft
41active listings nearby
22days on market
100sold nearby · 90 days
$555Kmedian sold price
96%of asking, on average

This home lists 0% above the area average of $1,022/sqft.

21 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

South Riverdale, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Moss Park
$499K
Church-Yonge Corridor
$578K
Bay Street Corridor
$560K
Waterfront Communities C1
$604K
Niagara
$572K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

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.

Street view near Morse Street Junior Public School
76%
Morse Street Junior Public SchoolPublic · Elementary · 0.3 km awayAbove the GTA average · 76% meet the provincial standard
Quest Alternative Senior SchoolEQAO results not published
Danforth Collegiate and Technical InstituteEQAO results not published

Affordability & Mortgage

Affordability
$5,146/mo
$224KIncome needed
5.0×Price ÷ income
$1,187Weekly cost
20% down4.79%25-yr amortization

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.

82%mortgage
Mortgage $5,146Property tax $338Condo fee $773Total carry $6,256

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

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$4,820per month

Mortgage amount $903,200 · 4.14% over 25 years

$225,800Down payment (20.0%)
$903,200Loan before insurance
$0CMHC premium
$5,930Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$4,820
Property tax
$338
Condo / maintenance fees
$773
Heating
$0
Estimated monthly cost
$5,930

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$19,055
Toronto municipal land transfer tax
$19,055
Estimated closing costs
$38,110

Plus your down payment of $225,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$5,854/monthPayment at the qualifying rate

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

$542,743Total interest paid
$1,445,943Total of all payments
Principal $903,200 Interest $542,743
YearPrincipalInterestBalance
1$21,159$36,679$882,041
2$22,044$35,794$859,997
3$22,966$34,872$837,031
4$23,927$33,911$813,105
5$24,927$32,910$788,177
6$25,970$31,868$762,207
7$27,056$30,781$735,151
8$28,188$29,650$706,963
9$29,367$28,471$677,596
10$30,596$27,242$647,000
11$31,875$25,962$615,125
12$33,209$24,629$581,916
13$34,598$23,240$547,318
14$36,045$21,793$511,274
15$37,553$20,285$473,721
16$39,123$18,714$434,598
17$40,760$17,078$393,838
18$42,465$15,373$351,373
19$44,241$13,597$307,132
20$46,091$11,746$261,041
21$48,019$9,818$213,021
22$50,028$7,810$162,993
23$52,121$5,717$110,873
24$54,301$3,537$56,572
25$56,572$1,266$0

At the end of your 5-year term

Total paid over the term
$289,189
Principal paid down
$115,023
Interest paid
$174,166
Balance remaining
$788,177

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.

Let's connect

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

Rental yield
Estimate$3,400/mo
$40,800Gross annual rent
2.0%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates 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.

3.6%
Gross yield
− Property tax $4,050− Condo fees $9,280− Insurance $600− Vacancy & upkeep $4,488Net operating income $22,382

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of iCloud Realty Ltd.. MLS®/PropTx.

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