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Listed 3 months ago

124 - 326 Carlaw Avenue

South Riverdale, Toronto

$1,375,000

Condo Apartment |
2 | 2 | 0 | 0
About this home

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.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleLoft
Approx. Age16-30
Size1600-1799 sq. ft.
Maintenance Fees$930
LockerNone
BalconyTerrace
ExposureSouth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax$8,252
mls© NumberE13171010
Listed ByROYAL LEPAGE TERREQUITY SW REALTY
Heat Included
Water Included
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$7,038
Property tax
$688
Heat allowance
$150
Condo fees, half counted
$465
Housing costs
$8,341 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $275,000
25-yr amortization

Income needed

$257,000

gross annual household income

Payment at 4%
$5,786 / mo
Cash down
$275,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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