225-246 Logan Avenue, Toronto, ON

South Riverdale, Toronto · MLS® E13815284

$579,000
For Sale
Listed 27 days agoNo offer date stated
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1+1Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

*** CLICK ON THE MULTIMEDIA LINK FOR FULL VIDEO TOUR *** LARGE AND SPACIOUS 1 BEDROOM + DEN WITH PARKING !!! Discover the best of Leslieville living in this spacious one-bedroom unit, ideally located in the heart of Queen East. Featuring generous proportions and an abundance of natural light through floor-to-ceiling windows & high lofted exposed ceilings, this residence offers a bright, inviting space and a versatile canvas to make your own. Enjoy the added value of included parking and an attractive price point for the neighbourhood. With the TTC right at your doorstep, an exciting selection of restaurants and cafes nearby, scenic parks, and convenient highway access to downtown, this location delivers the perfect balance of urban convenience and neighbourhood charm. Whether you're a first-time buyer, investor, or looking for a home in one of Toronto's most sought-after east-end communities, this is an opportunity worth exploring. Book your private viewing today and imagine the possibilities.

Key facts

Property type
Condo Apartment, Multi-Level
MLS®
E13815284
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
700-799 sq ft
Cross streets
Queen Street East & Logan Avenue
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$642/mo
Exposure
North
Property tax
$3,713 / 2026
Days on market
27
Listing brokerage
RE/MAX EXPERTS

Rooms

Dining RoomMain6.10 × 4.17 m
KitchenMain6.10 × 4.17 m
Living RoomMain6.10 × 4.17 m
BedroomMain3.05 × 3.07 m
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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

What sellers nearby are askingCurrently listed nearby in South Riverdale · asking prices
$579kavg asking

Nothing closely matching this home is listed nearby right now, so these are the nearest condo apartment listings on the market.

Per square foot, these ask about $892/sqft; this home lists at $773/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
579kThis home570k590k548k538k650kThis home vs active comparables

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
$495K
Waterfront Communities C8
$538K
Kensington-Chinatown
$578K
Waterfront Communities C1
$662K
Mount Pleasant West
$679K

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 · 0.2 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
Also nearby: 12 more schools within 2.5 km
Dundas Junior Public School · Public elementary0.5 km · 59% at standard
Queen Alexandra Middle School · Public elementary0.6 km · 71% at standard
SEED Alternative School · Public secondary0.7 km
Bruce Public School · Public elementary0.7 km · 68% at standard
Eastdale Collegiate Institute · Public secondary0.8 km
St Joseph Catholic School · Catholic elementary1.1 km · 66% at standard
Leslieville Junior Public School · Public elementary1.1 km · 62% at standard
Pape Avenue Junior Public School · Public elementary1.1 km · 90% at standard
Riverdale Collegiate Institute · Public secondary1.3 km · 86% at standard
Blake Street Junior Public School · Public elementary1.3 km · 75% at standard
East Alternative School of Toronto · Public elementary1.3 km
Quest Alternative School Senior · Public elementary1.4 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,639/mo
$126KIncome needed
4.6×Price ÷ income
$609Weekly cost
$16,110Land transfer tax, one-time (Ontario + Toronto)
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.

73%mortgage
Mortgage $2,639Property tax $309Condo fee $642Total carry $3,590

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,561per month

Mortgage amount $463,200 · 4.49% over 25 years

$115,800Down payment (20.0%)
$463,200Loan before insurance
$0CMHC premium
$3,513Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,561
Property tax
$309
Condo / maintenance fees
$642
Heating
$0
Estimated monthly cost
$3,513

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

One-time closing costs

Ontario land transfer tax
$8,055
Toronto municipal land transfer tax
$8,055
Estimated closing costs
$16,110

Plus your down payment of $115,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,100/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

$305,134Total interest paid
$768,334Total of all payments
Principal $463,200 Interest $305,134
YearPrincipalInterestBalance
1$10,337$20,397$452,863
2$10,806$19,927$442,057
3$11,297$19,437$430,761
4$11,810$18,924$418,951
5$12,346$18,388$406,606
6$12,906$17,827$393,699
7$13,492$17,241$380,207
8$14,105$16,628$366,102
9$14,745$15,988$351,357
10$15,415$15,319$335,942
11$16,115$14,619$319,827
12$16,846$13,887$302,981
13$17,611$13,122$285,370
14$18,411$12,322$266,959
15$19,247$11,487$247,712
16$20,121$10,613$227,591
17$21,034$9,699$206,557
18$21,989$8,744$184,568
19$22,988$7,746$161,580
20$24,031$6,702$137,549
21$25,123$5,611$112,426
22$26,263$4,470$86,163
23$27,456$3,278$58,708
24$28,702$2,031$30,005
25$30,005$728$0

At the end of your 5-year term

Total paid over the term
$153,667
Principal paid down
$56,594
Interest paid
$97,072
Balance remaining
$406,606

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$2,400/mo
$28,800Gross annual rent
2.4%Cap rate after taxes and upkeep

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.

5.0%
Gross yield
− Property tax $3,713− Condo fees $7,706− Insurance $600− Vacancy & upkeep $3,168Net operating income $13,613

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXPERTS. MLS®/PropTx.

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