315-245 Carlaw Avenue, Toronto, ON
South Riverdale, Toronto · MLS® E13519978
About this home
This Is Your Opportunity To Own A Piece Of History In Leslieville's Most Sought-After Loft Conversion - The Intimate Wrigley Lofts! Originally The Wrigley Chewing Gum Factory And Converted In 1998, The Loft Offers 1150 Meticulous Interior Square Feet. The Two-Bedroom Residence Provides A Unique Quality Of Life And Showcases Dramatic Original Industrial Finishes Throughout. The Well-Defined Principal Rooms Feature Soaring 13.6'-Foot Ceilings And Are Designed For Seamless Entertaining On Any Scale. The Modern Kitchen Features Full Height Custom Millwork Offering Ample Storage. The Kitchen Also Features A Large Center Island With A Convenient Breakfast Bar. The Cozy & Spacious Primary Bedroom Retreat Is Accessed By A Custom Spiral Staircase And Includes A Large Wall To Wall Closet System. The Lower Level Includes A Spacious Second Bedroom Which Is Perfect For Families, Guests Or Those In Need Of An Enclosed Private Studio Or Media Room. The Loft Also Features A Spa-Like Four-Piece Bathroom. Incredible Location As You Have Easy Access To The Shops Of Carlaw, Acclaimed Restaurants Of Queen Street East & Jesse Simpson Recreation Centre. Easy Access To Queen Street Street Car, The Upcoming Ontario Line DVP, Martin Goodman Trail & Tommy Thompson Park.
Key facts
- Property type
- Condo Apartment, Loft
- MLS®
- E13519978
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 1000-1199
- Cross streets
- Queen Street East & Carlaw Avenue
- Parking
- 1 parking
- Basement
- None
- Heating
- Water
- A/C
- Central Air
- Exterior
- Brick
- Maintenance
- $711/mo
- Exposure
- South
- Property tax
- $3,605 / 2025
- Days on market
- 20
- Listing brokerage
- RE/MAX HALLMARK BIBBY GROUP REALTY
Rooms
hardwood floor · combined w/living · open concept
hardwood floor · combined w/dining · fireplace
hardwood floor · w/w closet
hardwood floor · centre island · granite counters
hardwood floor · large closet · sliding doors
Listed at $925,000, and my independent estimate is about 18% above what comparable homes suggest.
In South Riverdale lately, sellers get about 96% of asking; homes sell in ~39 days.
Total price vs nearby homes. Fair value about $784K, median of 42 comparables.
How this estimate is builtthe short version
I take the 42 most comparable recent sales 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 sale.
It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $708K, a close match.
What the listing highlights1 point to weigh
Claims from the listing, worth confirming in person. I can book you a private showing.
- Tall ceilings: they transform how a home feels, worth confirming the actual heights room to room. Worth verifying
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 ($841/sqft) is below the area, so you are paying for extra space rather than a premium.
Based on 42 comparable homes that recently sold nearby.
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest active listings nearby.
See all comparable homesThis home lists 8% below the area average of $911/sqft.
19 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
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.
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
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 $740,000 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $3,949
- Property tax
- $300
- Condo / maintenance fees
- $711
- Heating
- $0
- Estimated monthly cost
- $4,960
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $14,975
- Toronto municipal land transfer tax
- $14,975
- Estimated closing costs
- $29,950
Plus your down payment of $185,000. 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
- $236,935
- Principal paid down
- $94,239
- Interest paid
- $142,696
- Balance remaining
- $645,761
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 RE/MAX HALLMARK BIBBY GROUP REALTY. MLS®/PropTx.