406-319 Carlaw Avenue, Toronto, ON

South Riverdale, Toronto · MLS® E13877088

$449,000
For Sale
Listed 11 days agoNo offer date stated
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◎ Directions
1Bedrooms
1Bathrooms
0Parking
500-599Sq ft

About this home

Welcome to the ultimate urban sanctuary at Brad Lamb's work lofts! Situated right in the beating heart of the East End, this super cool loft with a CN Tower view is everything you've been dreaming of. Brand new floors, dramatic exposed concrete walls and raw industrial charm that give this space its authentic, edgy aesthetic. Soaked in natural light all day long, the west-facing layout delivers golden-hour magic every single afternoon-perfect for sunset lovers and plant parents. Unbeatable neighbourhood vibe of Leslieville and South Riverdale; lots of local coffee shops, trendy bistros, artisan bakeries, and craft breweries right outside your front door. With quick TTC transit access, you're connected to downtown in minutes while enjoying a distinct east-side soul. Effortlessly combing industrial cool with modern comfort, this sun-drenched loft is a rare gem waiting for you to call home!

Key facts

Property type
Condo Apartment, Loft
MLS®
E13877088
Bedrooms
1
Bathrooms
1
Size
500-599 sq ft
Cross streets
Carlaw and Dundas
Parking
0 parking
Basement
None
Heating
Fan Coil
A/C
Central Air
Exterior
Brick
Maintenance
$374/mo
Exposure
West
Property tax
$2,179 / 2026
Days on market
11
Listing brokerage
SOTHEBY'S INTERNATIONAL REALTY CANADA

Rooms

BedroomMain

open concept · large closet

Living RoomMain

large window · open concept · west view

KitchenMain

centre island · modern kitchen · open concept

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
$573kavg asking

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

Per square foot, these ask about $927/sqft; this home lists at $817/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
449kThis home480k649k590kThis 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
$525K
Kensington-Chinatown
$578K
Waterfront Communities C1
$699K
Mount Pleasant West
$530K

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
Also nearby: 12 more schools within 2.5 km
Eastdale Collegiate Institute · Public secondary0.6 km
Dundas Junior Public School · Public elementary0.7 km · 59% at standard
Pape Avenue Junior Public School · Public elementary0.7 km · 90% at standard
Bruce Public School · Public elementary0.7 km · 68% at standard
Queen Alexandra Middle School · Public elementary0.8 km · 71% at standard
SEED Alternative School · Public secondary0.8 km
Leslieville Junior Public School · Public elementary0.8 km · 62% at standard
Riverdale Collegiate Institute · Public secondary0.8 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
$2,046/mo
$94KIncome needed
4.8×Price ÷ income
$472Weekly cost
$10,910Land 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 $2,046Property tax $182Condo fee $374Total carry $2,602

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)
$1,986per month

Mortgage amount $359,200 · 4.49% over 25 years

$89,800Down payment (20.0%)
$359,200Loan before insurance
$0CMHC premium
$2,542Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$1,986
Property tax
$182
Condo / maintenance fees
$374
Heating
$0
Estimated monthly cost
$2,542

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

One-time closing costs

Ontario land transfer tax
$5,455
Toronto municipal land transfer tax
$5,455
Estimated closing costs
$10,910

Plus your down payment of $89,800. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$2,404/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

$236,624Total interest paid
$595,824Total of all payments
Principal $359,200 Interest $236,624
YearPrincipalInterestBalance
1$8,016$15,817$351,184
2$8,380$15,453$342,804
3$8,760$15,073$334,044
4$9,158$14,675$324,886
5$9,574$14,259$315,312
6$10,008$13,824$305,304
7$10,463$13,370$294,841
8$10,938$12,895$283,903
9$11,435$12,398$272,468
10$11,954$11,879$260,515
11$12,497$11,336$248,018
12$13,064$10,769$234,954
13$13,657$10,176$221,297
14$14,277$9,556$207,020
15$14,925$8,908$192,095
16$15,603$8,230$176,492
17$16,312$7,521$160,180
18$17,052$6,781$143,128
19$17,826$6,007$125,302
20$18,636$5,197$106,666
21$19,482$4,351$87,184
22$20,366$3,467$66,817
23$21,291$2,542$45,526
24$22,258$1,575$23,268
25$23,268$564$0

At the end of your 5-year term

Total paid over the term
$119,165
Principal paid down
$43,888
Interest paid
$75,277
Balance remaining
$315,312

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$1,700/mo
$20,400Gross 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.

4.5%
Gross yield
− Property tax $2,179− Condo fees $4,488− Insurance $600− Vacancy & upkeep $2,244Net operating income $10,889

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SOTHEBY'S INTERNATIONAL REALTY CANADA. MLS®/PropTx.

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