127-326 Carlaw Avenue, Toronto, ON

South Riverdale, Toronto · MLS® E13594636

$1,799,900
For Sale
Listed 1 day ago
3Bedrooms
2Bathrooms
1Parking
2250-2499Sq Ft

About this home

The Brightest & Most Open Hard Loft at 326 Carlaw! Unlike typical dark industrial conversions, "The 13 Skylight Loft" offers an unmatched, sun drenched open concept. Boasting soaring 15 to 18 ft ceilings throughout and 13 skylights (some remote operated). Light floods every corner! Highlighting polished concrete floors, an 18 ft brick wall and a show stopping custom oak/glass floating staircase. The heart of the home is a spectacular, wide open designer kitchen perfect for entertaining....featuring an oversized island, Italian marble, custom cabinetry and premier Wolf, Sub-Zero and Miele appliances with wine fridge. Mezzanine level primary suite features herringbone hardwoods, custom built ins and spa inspired baths with Kohler fixtures and soaker tub. Enjoy skyline views from your private rooftop terrace. Control4 smart tech, 2 individual HVAC, 1 parking spot included. Prime Leslieville location near transit cafes, restaurants & future Ontario Line. Offered at an attractive new price and can close with vacant possession.

Key facts

Property type
Condo Apartment, Loft
MLS®
E13594636
Bedrooms
3
Bathrooms
2
Size
2250-2499
Cross streets
Carlaw Ave. & Dundas St. E
Parking
1 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$1,293/mo
Exposure
West
Property tax
$6,274 / 2025
Days on market
1
Listing brokerage
COLDWELL BANKER REAL ESTATE PROFESSIONALS
Our TakeTeam Asgarian · Broker
Above comparables
$1.48Mest. value

Listed at $1,799,900, and my independent estimate is about 21% above what comparable homes suggest.

In South Riverdale lately, sellers get about 97% of asking; homes sell in ~36 days.

List price
$1.48MGreat deal$1.80MOverpriced

Total price vs nearby homes. Fair value about $1.48M, median of 3 comparables.

How this estimate is builtthe short version

I take the 3 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 $2.14M, higher than the comparables and worth a second look.

What the listing highlights4 points to weigh

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

  • 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
  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
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 ($758/sqft) is in line with the area, so you are paying for extra space rather than a premium.

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

Based on 3 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in South Riverdale · asking prices
$1.75Mavg asking

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

123-326 Carlaw Avenue$1.75M109-326 Carlaw Avenue$2.00M225-1173 Dundas Street$1.50M

The 3 closest active listings nearby.

See all comparable homes
1.80MThis home1.75M2.00M1.50MThis home vs active comparables
Live market pulseActive comparables in South Riverdale · median list $925K
$758this home / sqft
7active listings nearby
1days on market
100sold nearby · 90 days
$647Kmedian sold price
97%of asking, on average

This home lists 4% below the area average of $789/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
$894K
Church-Yonge Corridor
$611K
Bay Street Corridor
$618K
Waterfront Communities C1
$623K
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
$8,203/mo
$355KIncome needed
5.1×Price ÷ income
$1,893Weekly 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 $8,203Property tax $523Condo fee $1,293Total carry $10,019

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)
$7,684per month

Mortgage amount $1,439,920 · 4.14% over 25 years

$359,980Down payment (20.0%)
$1,439,920Loan before insurance
$0CMHC premium
$9,500Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$7,684
Property tax
$523
Condo / maintenance fees
$1,293
Heating
$0
Estimated monthly cost
$9,500

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

One-time closing costs

Ontario land transfer tax
$32,473
Toronto municipal land transfer tax
$32,473
Estimated closing costs
$64,946

Plus your down payment of $359,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$9,333/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

$865,264Total interest paid
$2,305,184Total of all payments
Principal $1,439,920 Interest $865,264
YearPrincipalInterestBalance
1$33,732$58,475$1,406,188
2$35,143$57,064$1,371,044
3$36,613$55,594$1,334,431
4$38,145$54,063$1,296,286
5$39,740$52,467$1,256,546
6$41,403$50,805$1,215,143
7$43,134$49,073$1,172,009
8$44,939$47,269$1,127,070
9$46,818$45,389$1,080,252
10$48,777$43,431$1,031,475
11$50,817$41,390$980,658
12$52,943$39,265$927,715
13$55,157$37,050$872,558
14$57,464$34,743$815,094
15$59,868$32,339$755,226
16$62,372$29,835$692,854
17$64,981$27,226$627,873
18$67,699$24,508$560,174
19$70,531$21,677$489,643
20$73,481$18,726$416,162
21$76,555$15,653$339,608
22$79,757$12,451$259,851
23$83,093$9,115$176,758
24$86,569$5,639$90,190
25$90,190$2,018$0

At the end of your 5-year term

Total paid over the term
$461,037
Principal paid down
$183,374
Interest paid
$277,663
Balance remaining
$1,256,546

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$7,650/mo
$91,800Gross annual rent
3.3%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 $6,274− Condo fees $15,517− Insurance $600− Vacancy & upkeep $10,098Net operating income $59,311

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of COLDWELL BANKER REAL ESTATE PROFESSIONALS. MLS®/PropTx.

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