44 Logan Avenue, Toronto, ON

South Riverdale, Toronto · MLS® E13569938

$898,000
For Sale
Listed 1 day ago
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2Bedrooms
2Bathrooms
2Parking
700-1100Sq Ft

About this home

{{Offers Anytime!}} Welcome home! This beautifully renovated, 2-bedroom, 2-bathroom, freehold townhome offers the perfect blend of modern comfort, urban convenience, and timeless character in one of Toronto's most sought-after east-end neighbourhoods. Quietly nestled on highly sought-after Logan Avenue, this stylish home is just steps from Queen Street East, Leslieville, The Beaches, Lake Ontario, and some of Toronto's best cafés, restaurants, boutiques, parks, and outdoor recreation. Thoughtfully updated throughout, this home features a modern kitchen, beautifully refinished hardwood floors, large sun-filled windows, professionally landscaped front and rear gardens, and a private 2-car driveway. Pride of ownership is evident in the upgrades that matter most, including a brand-new roof and a recently excavated/partially finished basement with a separate entrance, offering exceptional flexibility and future potential. Enjoy the best of downtown living with the added benefits of freehold ownership and private parking. A great sense of community in the neighbourhood! Whether you're enjoying your morning coffee, entertaining friends, or exploring the neighbourhood, this home delivers an exceptional lifestyle in an unbeatable. Surrounded by outstanding amenities, you're just minutes from the Distillery District, Corktown, The Beaches, downtown Toronto, waterfront trails, parks, schools, community centres, public transit, and major commuter routes. Perfect for any professionals, young families, downsizers, investors, and outdoor enthusiasts, this is a rare opportunity to own a beautifully updated freehold townhome in one of Toronto's most desirable neighbourhoods. Experience pride of ownership at its best!

Key facts

Property type
Townhouse, 2-Storey
MLS®
E13569938
Bedrooms
2
Bathrooms
2 (1 half)
Size
700-1100
Lot
15 × 114.83 ft
Cross streets
Lakeshore Blvd & Carlaw Ave
Parking
2 parking
Driveway
Private
Basement
Separate Entrance, Partially Finished
Heating
Forced Air
A/C
Central Air
Exterior
Aluminum Siding, Stucco (Plaster)
Foundation
Concrete Block, Poured Concrete
Roof
Flat, Membrane
Sewer
Sewer
Property tax
$4,381 / 2025
Days on market
1
Listing brokerage
KELLER WILLIAMS REALTY CENTRES

Rooms

Dining RoomMain4.28 × 3.36 m

open concept · hardwood floor · window

Bedroom 2Second3.51 × 3.12 m

window · vinyl floor · double doors

Living RoomMain4.28 × 3.36 m

open concept · hardwood floor · window

Primary BedroomSecond4.37 × 3.51 m

french doors · vinyl floor · closet

KitchenMain3.21 × 3.20 m

stainless steel appl · hardwood floor · w/o to yard

RecreationBasement11.09 × 3.82 m

Unfinished

Moe’s TakeTeam Asgarian · Broker
Above comparables
$805Kest. value

Listed at $898,000, this home is about 12% above what comparable homes suggest. The number above is my independent estimate of value, not the asking price.

There were not many closely comparable homes right in South Riverdale, so I widened the search to the surrounding area.

Based on 5 similar homes nearby, adjusted for size, beds, and baths.Median of 5 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $736K, a close match.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, listed at $775K
  • Adjusts to $775K

That comparable adjusts to $775K; the $805K estimate above is the median of all 5 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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

On location, this is a very walkable address with everyday errands close by. Carlaw Ave at Lake Shore Blvd East is about a 3-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$799KGreat deal$898KOverpriced

Total price vs nearby homes. Fair value about $805K, median of 5 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Separate entrance / basement suite: rental or in-law income potential, if it is legally registered and retrofit-compliant.
  • Finished basement: added living space, worth checking ceiling height and that the work was permitted.
  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled.
  • Recent major systems: lower near-term capital costs, ask for the ages and any warranties.
  • Hardwood floors: quality hardwood is durable and broadly desirable.
  • Income potential
  • Value driver
  • Lifestyle
Comparable listingsCurrently listed nearby · asking prices
$800kavg asking

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

413 Leslie Street$799k553 King Street$775k49-740 KENNEDY Road$595k119 Trinity Street$850k55 Morse Street$979k

The 5 closest active listings nearby.

See all comparable homes
898kThis home799k775k595k850k979kThis home vs active comparables
Live market pulseActive comparables in South Riverdale · median list $1.10M
$998this home / sqft
7active listings nearby
1days on market

This home lists 7% above the area average of $934/sqft.

9 days faster than the Toronto average (10 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.

Getting around

78/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Carlaw Ave at Lake Shore Blvd East, about 221 m away

20+ transit stops9 grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Moss Park
$1.27M
Cabbagetown-South St. James Town
$1.71M
Trinity-Bellwoods
$1.12M
Roncesvalles
$999K
Clairlea-Birchmount
$881K

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 · 0.5 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
$4,093/mo
$171KIncome needed
5.3×Price ÷ income
$944Weekly 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.

92%mortgage
Mortgage $4,093Property tax $365Total carry $4,458

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,834per month

Mortgage amount $718,400 · 4.14% over 25 years

$179,600Down payment (20.0%)
$718,400Loan before insurance
$0CMHC premium
$4,199Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,834
Property tax
$365
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$4,199

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

One-time closing costs

Ontario land transfer tax
$14,435
Toronto municipal land transfer tax
$14,435
Estimated closing costs
$28,870

Plus your down payment of $179,600. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$4,656/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

$431,695Total interest paid
$1,150,095Total of all payments
Principal $718,400 Interest $431,695
YearPrincipalInterestBalance
1$16,830$29,174$701,570
2$17,534$28,470$684,037
3$18,267$27,737$665,770
4$19,031$26,973$646,739
5$19,827$26,177$626,912
6$20,656$25,347$606,255
7$21,520$24,483$584,735
8$22,421$23,583$562,314
9$23,358$22,645$538,956
10$24,336$21,668$514,620
11$25,353$20,650$489,267
12$26,414$19,590$462,853
13$27,519$18,485$435,334
14$28,670$17,334$406,664
15$29,869$16,135$376,795
16$31,118$14,885$345,676
17$32,420$13,584$313,256
18$33,776$12,228$279,480
19$35,189$10,815$244,291
20$36,661$9,343$207,630
21$38,194$7,809$169,436
22$39,792$6,212$129,644
23$41,456$4,547$88,188
24$43,190$2,813$44,997
25$44,997$1,007$0

At the end of your 5-year term

Total paid over the term
$230,019
Principal paid down
$91,488
Interest paid
$138,531
Balance remaining
$626,912

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$1,450/mo
$17,400Gross annual rent
1.1%Est. cap rate

Income potential: the basement has a separate entrance, which often supports a rentable in-law or second suite. That can lift real rent well above the figure above and help carry the mortgage. Ask us about permitted use in this area.

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.

1.9%
Gross yield
− Property tax $4,381− Insurance $1,400− Vacancy & upkeep $1,914Net operating income $9,705

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of KELLER WILLIAMS REALTY CENTRES. MLS®/PropTx.

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