109-326 Carlaw Avenue, Toronto, ON

South Riverdale, Toronto · MLS® E13589612

$1,999,900
For Sale
Listed 2 days ago
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3Bedrooms
2Bathrooms
1Garage
2500-2749Sq Ft

About this home

Complete transformation and re-imagination, with $$$ spent creating this one-of-a-kind, approximately 2,700 sq. ft. residence at the iconic i-Zone Lofts. Invite yourself to experience a space that feels more like a private urban home than a conventional condo, where authentic industrial architecture, impressive scale and thoughtful contemporary design come together beautifully; every detail has been thoughtfully considered. Soaring wood-clad ceilings, exposed brick, steel beams and polished concrete floors preserve the loft's unmistakable character, while the extensive renovation brings a polished and highly considered finish throughout. Made for entertaining, the expansive open layout flows effortlessly between cooking, dining and hosting. The dramatic kitchen sits at the centre of it all, featuring extensive matte-black cabinetry, a professional-style gas range and an oversized island that naturally becomes the gathering place. A comprehensive integrated lighting system sets the mood, while oversized windows and multiple skylights fill the space with natural light. Overlooking the main level, the mezzanine primary bedroom features seamless micro-cement flooring and smart-glass technology, offering privacy at the flick of a switch. Extensive wardrobe storage leads to a skylit ensuite, where the flooring continues alongside a frameless walk-in shower, floating vanity and matte-black fixtures. A flexible office or additional bedroom, in-suite laundry, custom storage and a statement bathroom with emerald tile and a freestanding clawfoot tub complete the interior. COA Approved plans are in place for a full rooftop terrace (see renderings), offering the opportunity to add an extraordinary private outdoor retreat. With mixed-use flexibility and commercial zoning, the property presents a rare opportunity to live, work or create under one roof. Located in the heart of Leslieville, moments from neighbourhood restaurants, cafés, shops, groceries, nearby TTC and more!

Key facts

Property type
Condo Apartment, Loft
MLS®
E13589612
Bedrooms
3 (2 + 1)
Bathrooms
2
Size
2500-2749
Cross streets
Carlaw/Dundas
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,372/mo
Exposure
South
Property tax
$3,142 / 2026
Days on market
2
Listing brokerage
GFA REALTY LTD.

Rooms

KitchenMain6.45 × 3.20 m

concrete floor · centre island · pantry

Primary BedroomUpper3.82 × 4.10 m

hardwood floor · skylight · b/i closet

OfficeMain0.00 × 0.00 m

Concrete Floor

Living RoomMain11.34 × 5.14 m

concrete floor · skylight · large window

Dining RoomMain8.17 × 8.32 m

concrete floor · south view

StudyMain3.08 × 4.23 m

recessed lighting · large closet

LaundrySecond2.64 × 2.37 m

Concrete Floor

Dining RoomMain4.38 × 3.21 m

concrete floor · skylight · large window

Living RoomMain8.17 × 8.32 m

concrete floor · skylight · combined w/dining

BathroomUpper3.10 × 3.52 m

ceramic floor · separate shower · soaking tub

DenMain3.64 × 3.21 m

recessed lighting · 3 pc ensuite

Primary BedroomSecond6.56 × 4.22 m

concrete floor · large closet · large window

KitchenMain4.08 × 2.65 m

stainless steel appl · track lighting

Bedroom 2Main2.60 × 2.33 m

concrete floor · murphy bed · 4 pc bath

FoyerMain5.70 × 2.50 m

double doors · closet · irregular room

Bedroom 2Upper3.20 × 3.50 m

hardwood floor · overlooks living · b/i closet

Our TakeTeam Asgarian · Broker
Worth a personal read

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.

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

Comparable listingsCurrently listed nearby in South Riverdale · asking prices
$1.62Mavg asking

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

225-1173 Dundas Street$1.50M123-326 Carlaw Avenue$1.75M

The 2 closest active listings nearby.

See all comparable homes
2.00MThis home1.50M1.75MThis home vs active comparables
Live market pulseActive comparables in South Riverdale · median list $900K
$762this home / sqft
8active listings nearby
2days on market
100sold nearby · 90 days
$540Kmedian sold price
96%of asking, on average

This home lists 9% below the area average of $835/sqft.

On the market now.

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
$975K
Church-Yonge Corridor
$610K
Bay Street Corridor
$618K
Waterfront Communities C1
$608K
Flemingdon Park
$430K

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 · 0.4 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
$9,115/mo
$381KIncome needed
5.2×Price ÷ income
$2,103Weekly 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.

85%mortgage
Mortgage $9,115Property tax $262Condo fee $1,372Total carry $10,749

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%
$
%

Homes over $1.5M can't be insured, so 20% down or more is required.

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)
$8,538per month

Mortgage amount $1,599,920 · 4.14% over 25 years

$399,980Down payment (20.0%)
$1,599,920Loan before insurance
$0CMHC premium
$10,172Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$8,538
Property tax
$262
Condo / maintenance fees
$1,372
Heating
$0
Estimated monthly cost
$10,172

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

One-time closing costs

Ontario land transfer tax
$36,473
Toronto municipal land transfer tax
$36,473
Estimated closing costs
$72,946

Plus your down payment of $399,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$10,370/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

$961,410Total interest paid
$2,561,330Total of all payments
Principal $1,599,920 Interest $961,410
YearPrincipalInterestBalance
1$37,481$64,973$1,562,439
2$39,048$63,405$1,523,391
3$40,682$61,772$1,482,709
4$42,383$60,070$1,440,326
5$44,156$58,297$1,396,170
6$46,003$56,450$1,350,167
7$47,927$54,526$1,302,239
8$49,932$52,521$1,252,307
9$52,021$50,432$1,200,286
10$54,197$48,257$1,146,090
11$56,464$45,990$1,089,626
12$58,825$43,628$1,030,801
13$61,286$41,167$969,515
14$63,850$38,604$905,665
15$66,520$35,933$839,145
16$69,303$33,151$769,842
17$72,202$30,252$697,641
18$75,222$27,232$622,419
19$78,368$24,085$544,051
20$81,646$20,807$462,405
21$85,061$17,392$377,344
22$88,619$13,834$288,725
23$92,326$10,127$196,399
24$96,188$6,265$100,211
25$100,211$2,242$0

At the end of your 5-year term

Total paid over the term
$512,266
Principal paid down
$203,750
Interest paid
$308,516
Balance remaining
$1,396,170

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$8,500/mo
$102,000Gross annual rent
3.5%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.

5.1%
Gross yield
− Property tax $3,142− Condo fees $16,463− Insurance $600− Vacancy & upkeep $11,220Net operating income $70,576

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

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