124-326 Carlaw Avenue, Toronto, ON

South Riverdale, Toronto · MLS® E13849938

$1,325,000
For Sale
Listed 18 days agoNo offer date stated
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2Bedrooms
2Bathrooms
0Parking
1600-1799Sq ft

About this home

In short

  • Embrace a lifestyle of comfort and style in this stunning 1,750+ sq. ft.
  • Located just east of downtown Toronto in trendy South Riverdale, this unique space was3-storey residence that boasts breathtaking 22-foot ceilings, polished cement...
  • The sleek open-concept design flows seamlessly through a state-of-the-art kitchen, making it perfect for both entertaining and everyday living.
  • Ascending to the 3rd floor, you'll find a 250 sq. ft. private roof deck with pergola - a true oasis in the heart of the city.

Embrace a lifestyle of comfort and style in this stunning 1,750+ sq. ft. Live/Work Loft. Located just east of downtown Toronto in trendy South Riverdale, this unique space was3-storey residence that boasts breathtaking 22-foot ceilings, polished cement floors, and an originally a former textile warehouse and has been meticulously transformed into a 2-bedroom /abundance of natural light cascading in through multiple skylights. The sleek open-concept design flows seamlessly through a state-of-the-art kitchen, making it perfect for both entertaining and everyday living. Exposed posts and beams, and visible ductwork add to the industrial charm. The space includes a sumptuous Primary Bedroom on the Mezzanine level, along with a functional second bedroom that can also serve as an office. Ascending to the 3rd floor, you'll find a 250 sq. ft. private roof deck with pergola - a true oasis in the heart of the city! Residents have access to an additional shared rooftop terrace, and a party room.

Key facts

Property type
Condo Apartment, Loft
MLS®
E13849938
Bedrooms
2
Bathrooms
2
Size
1600-1799 sq ft
Cross streets
Carlaw & Dundas
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Foundation
Concrete
Roof
Unknown
Maintenance
$930/mo
Exposure
South
Property tax
$8,252 / 2026
Days on market
18
Listing brokerage
ROYAL LEPAGE TERREQUITY SW REALTY

Rooms

Bedroom 2Main3.46 × 2.68 m

murphy bed · skylight · closet

Dining RoomMain3.81 × 2.68 m

open concept · concrete floor

KitchenMain4.42 × 2.93 m

open concept · centre island · custom backsplash

SittingMain4.42 × 3.00 m

open concept · concrete floor

Living RoomMain6.28 × 3.38 m

concrete floor · open concept

OfficeThird2.62 × 2.43 m

hardwood floor · w/o to terrace · window

Primary BedroomSecond7.37 × 3.97 m

hardwood floor · 4 pc bath · closet

LibraryMain5.89 × 2.70 m

open concept · concrete floor

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
$1.26Mavg 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 $895/sqft; this home lists at $780/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
1.32MThis home1.29M1.20M1.30MThis 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.

North St. James Town
$765K
Waterfront Communities C8
$554K
Church-Yonge Corridor
$529K
Kensington-Chinatown
$585K
Waterfront Communities C1
$615K

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
Also nearby: 12 more schools within 2.5 km
Dundas Junior Public School · Public elementary0.6 km · 59% at standard
Eastdale Collegiate Institute · Public secondary0.6 km
Queen Alexandra Middle School · Public elementary0.7 km · 71% at standard
SEED Alternative School · Public secondary0.7 km
Pape Avenue Junior Public School · Public elementary0.7 km · 90% at standard
Bruce Public School · Public elementary0.8 km · 68% at standard
Leslieville Junior Public School · Public elementary0.8 km · 62% at standard
Riverdale Collegiate Institute · Public secondary0.9 km · 86% at standard
Blake Street Junior Public School · Public elementary0.9 km · 75% at standard
East Alternative School of Toronto · Public elementary0.9 km
Quest Alternative School Senior · Public elementary1.1 km
Withrow Avenue Junior Public School · Public elementary1.1 km · 85% at standard

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

Affordability & Mortgage

Affordability
$6,039/mo
$273KIncome needed
4.8×Price ÷ income
$1,394Weekly cost
$45,950Land 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.

79%mortgage
Mortgage $6,039Property tax $688Condo fee $930Total carry $7,657

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 20, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$5,861per month

Mortgage amount $1,060,000 · 4.49% over 25 years

$265,000Down payment (20.0%)
$1,060,000Loan before insurance
$0CMHC premium
$7,479Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$5,861
Property tax
$688
Condo / maintenance fees
$930
Heating
$0
Estimated monthly cost
$7,479

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

One-time closing costs

Ontario land transfer tax
$22,975
Toronto municipal land transfer tax
$22,975
Estimated closing costs
$45,950

Plus your down payment of $265,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$7,094/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

$698,277Total interest paid
$1,758,277Total of all payments
Principal $1,060,000 Interest $698,277
YearPrincipalInterestBalance
1$23,655$46,676$1,036,345
2$24,729$45,602$1,011,617
3$25,851$44,480$985,765
4$27,025$43,306$958,740
5$28,252$42,079$930,488
6$29,535$40,796$900,952
7$30,876$39,455$870,076
8$32,278$38,053$837,798
9$33,744$36,588$804,055
10$35,276$35,055$768,779
11$36,877$33,454$731,902
12$38,552$31,779$693,350
13$40,302$30,029$653,048
14$42,132$28,199$610,916
15$44,045$26,286$566,872
16$46,045$24,286$520,827
17$48,135$22,196$472,692
18$50,321$20,010$422,371
19$52,606$17,725$369,765
20$54,994$15,337$314,771
21$57,491$12,840$257,280
22$60,101$10,230$197,178
23$62,830$7,501$134,348
24$65,683$4,648$68,665
25$68,665$1,666$0

At the end of your 5-year term

Total paid over the term
$351,655
Principal paid down
$129,512
Interest paid
$222,143
Balance remaining
$930,488

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$5,450/mo
$65,400Gross annual rent
2.9%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.

4.9%
Gross yield
− Property tax $8,252− Condo fees $11,163− Insurance $600− Vacancy & upkeep $7,194Net operating income $38,192

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

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