620-233 Carlaw Avenue, Toronto, ON

South Riverdale, Toronto · MLS® E14085606

$699,900
For Sale
Listed 3 days agoNo offer date stated
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1Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Gorgeous south-facing unit at the sought-after Garment Factory Lofts.
  • This stylish loft features an open-concept layout, soaring 9-foot concrete ceilings, a modern kitchen with granite countertops and stainless-steel appliances, and a...

Gorgeous south-facing unit at the sought-after Garment Factory Lofts! This stylish loft features an open-concept layout, soaring 9-foot concrete ceilings, a modern kitchen with granite countertops and stainless-steel appliances, and a spacious dining area perfect for entertaining. Located in sought-after Leslieville, a unique blend of character, style, and urban living. Parking and Storage locker included.

Key facts

Property type
Condo Apartment, 1 Storey/Apt
MLS®
E14085606
Bedrooms
1
Bathrooms
1
Size
700-799 sq ft
Cross streets
Queen and Carlaw
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Maintenance
$739/mo
Exposure
South
Property tax
$3,215 / 2026
Days on market
3
Listing brokerage
RE/MAX TWIN CITY REALTY INC.

Rooms

Dining RoomMain3.80 × 8.80 m

combined w/living · hardwood floor · overlooks living

BedroomMain2.70 × 3.30 m

double closet · hardwood floor · south view

Living RoomMain3.80 × 8.80 m

combined w/dining · b/i shelves · w/o to balcony

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
$624kavg 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 $961/sqft; this home lists at $934/sqft. Size is part of the price story, not just the sticker.

The 3 closest active listings nearby.

See all comparable homes
700kThis home689k625k559kThis 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.

Waterfront Communities C8
$554K
North St. James Town
$765K
Church-Yonge Corridor
$529K
Kensington-Chinatown
$585K
Waterfront Communities C1
$610K

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 · 0.3 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
Bruce Public School · Public elementary0.6 km · 68% at standard
Dundas Junior Public School · Public elementary0.7 km · 59% at standard
Eastdale Collegiate Institute · Public secondary0.7 km
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
Pape Avenue Junior Public School · Public elementary0.8 km · 90% at standard
Riverdale Collegiate Institute · Public secondary0.9 km · 86% at standard
Blake Street Junior Public School · Public elementary1.0 km · 75% at standard
East Alternative School of Toronto · Public elementary1.0 km
Quest Alternative School Senior · Public elementary1.3 km
Withrow Avenue Junior Public School · Public elementary1.3 km · 85% at standard

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

Affordability & Mortgage

Affordability
$3,190/mo
$147KIncome needed
4.8×Price ÷ income
$736Weekly cost
$20,946Land 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.

76%mortgage
Mortgage $3,190Property tax $268Condo fee $739Total carry $4,197

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)
$3,096per month

Mortgage amount $559,920 · 4.49% over 25 years

$139,980Down payment (20.0%)
$559,920Loan before insurance
$0CMHC premium
$4,103Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,096
Property tax
$268
Condo / maintenance fees
$739
Heating
$0
Estimated monthly cost
$4,103

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

One-time closing costs

Ontario land transfer tax
$10,473
Toronto municipal land transfer tax
$10,473
Estimated closing costs
$20,946

Plus your down payment of $139,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,747/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

$368,848Total interest paid
$928,768Total of all payments
Principal $559,920 Interest $368,848
YearPrincipalInterestBalance
1$12,495$24,656$547,425
2$13,062$24,088$534,363
3$13,655$23,495$520,707
4$14,275$22,875$506,432
5$14,924$22,227$491,508
6$15,601$21,550$475,907
7$16,310$20,841$459,597
8$17,050$20,101$442,547
9$17,824$19,327$424,723
10$18,634$18,517$406,090
11$19,480$17,671$386,610
12$20,364$16,787$366,246
13$21,289$15,862$344,957
14$22,255$14,896$322,702
15$23,266$13,885$299,437
16$24,322$12,829$275,114
17$25,426$11,724$249,688
18$26,581$10,570$223,107
19$27,788$9,363$195,320
20$29,049$8,101$166,270
21$30,368$6,782$135,902
22$31,747$5,404$104,155
23$33,189$3,962$70,966
24$34,695$2,455$36,271
25$36,271$880$0

At the end of your 5-year term

Total paid over the term
$185,754
Principal paid down
$68,412
Interest paid
$117,342
Balance remaining
$491,508

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
1.8%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.

4.1%
Gross yield
− Property tax $3,215− Condo fees $8,872− Insurance $600− Vacancy & upkeep $3,168Net operating income $12,945

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

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