118-326 Carlaw Ave
South Riverdale, Toronto, Ontario M4M 3N8
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 800–899sq ft
- Per sq ft
- $883at the range’s middle
- Tax a year
- $3,5912026 tax year
- Parking
- 0none
- Days on market
- Members
The brief
About 118-326 Carlaw Ave
118-326 Carlaw Ave is a 1-bedroom, 1-bathroom condo in South Riverdale, Toronto, listed for sale at an asking price of $749,900 (MLS® E14099838).
Inside South Riverdale's iconic I-Zone, this is loft living with a point of view. Original exposed concrete, brick, soaring ceilings and wood-plank detailing give the space a raw authenticity that can't be recreated, while a sculptural steel-and-glass spiral staircase connects two distinct levels of living. What really sets it apart is the freedom in how you use it. A private street-level entrance and west-facing terrace give it an independence rarely found in condo living, while live/work zoning opens the door to a studio, office or small business right from home. Exclusive-use common-element rooftop rights on the third floor add yet another unexpected layer. Steps to Queen East, Dundas, transit and the creative energy of South Riverdale, with easy DVP access. Industrial soul. Creative freedom. A loft that feels collected, not constructed.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall14/100−$2,013/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 13 condos with 1 bedroom for lease in South Riverdale right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $3,591 / 2026
- MLS® number
- E14099838
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 800-899 sqft
- Listed on
- Parking
- None, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Loft
- Community
- South Riverdale
- Municipality
- Toronto
Building
- Size
- 800-899 sqft
- Construction
- Brick
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Bathroom Details
- 1 × 5pc 2nd
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Wall Unit
- Heating Type
- Radiant
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Washer/Dryer Combo, Fridge, Dishwasher, Stove, Microwave, Bathroom Mirrors, Fixed Lighting.
- Condo maint.
- $692
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 4.59 × 3.0 m | Open Concept, W/O To Balcony | Main |
| Kitchen | 4.63 × 1.99 m | Open Concept, B/I Appliances | Main |
| Dining | 2.36 × 4.99 m | Open Concept, Concrete Floor | Main |
| Primary | 5.0 × 4.82 m | 4 Pc Ensuite, Large Closet, Window | 2nd |
| Bathroom | 1.8 × 4.9 m | — | 2nd |
Listing history
Buy/sell history for 118-326 Carlaw Ave, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $749,900 | N/A | For Sale | E14099838 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $149,980
- Total mortgage amount
- $599,920
- Total interest payment
- $426,680
- Total purchase cost
- $1,176,580
- Mortgage payment
- $3,422/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
67%Monthly carrying cost
$4,413- Rent $2,400
- Shortfall $2,013
Rental income opens at $2,400, the median asking rent of 13 comparable homes for lease in South Riverdale. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $11,473
- Toronto municipal land transfer tax
- $11,473
- Total land transfer tax
- $22,946
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $14,471
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $749,900
- $6,998
- Ontario total
- $11,473
Toronto’s municipal tax uses the same brackets at this price, so it adds another $11,473.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Yossi Kaplan, MBA, Salesperson for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- Not in Toronto and Region Conservation Authority’s mapped regulated areaAt the address
- No mapped wetland within 120 m120 m
- No water-supply well recorded within 250 m92 test or monitoring holes also recorded.250 m
- Groundwater recorded about 2.6 m below ground nearbyThe middle water level in the well records within 500 m (297 records). It changes with the season and from spot to spot.500 m
Toronto and Region Conservation Authority · Province of Ontario open data
Planning and building activity4
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 35 building permits issued within 250 m in the last 2 years250 m
- Nearest airport: 5.2 km5.2 km
- Mapped parcel: about 86,770 sq ftMeasured from the municipal parcel map, which can differ from the survey and from the lot size in the listing.At the address
Province of Ontario open data · Municipal building permits · toronto.parcels
Around the home2
- Nearest rail line: 230 m230 m
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- No licensed pit or quarry within 2 km2 km
- No recorded oil, gas or salt well within 250 m250 m
- 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is City of Toronto — Eastern And Booth Blocks, 910 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Toronto Hydro-Electric System LimitedAt the address
- Wired internet 50/10 Mbps or faster is listed at a household 50 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (50 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.50 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Beanfield Metroconnect, Bell, CIK Telecom, Dotto One, FibreStream, Rally, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Rogers, Routcom, SkyChoice Communications. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Toronto and Region Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario. Contains information licensed under the Open Government Licence – Toronto. Contains information made available under the Toronto and Region Conservation Authority Open Data Licence v1.0.
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of Toronto By-Law No. 438-86What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
19 building permits cleared at this address in the City’s file.
Building Permit Related(PS)Inspection
Plumbing - Proposal for interior alterations to an existing residential suite - UNIT 110
Issued January 24, 2024
Interior AlterationsInspection
Proposal for interior alterations to an existing residential suite - UNIT 110
Issued October 11, 2023
Building Permit Related(PS)Closed
Plumbing - Proposal for interior alterations to existing condo unit. Renovation to mezzanine floor and enlarging existing kitchen.
Issued October 21, 2022
Interior AlterationsClosed
Proposal for interior alterations to existing condo unit. Renovation to mezzanine floor and enlarging existing kitchen.
Issued July 11, 2022
Multiple ProjectsClosed
Proposal for a new rooftop addition to access propose rooftop deck, as well as interior alterations to the ground and second floor including a new stair location and bathroom.
Issued September 17, 2019
Building Permit Related(PS)Inspection
Plumbing - Proposal for a new rooftop addition to access propose rooftop deck, as well as interior alterations to the ground and second floor including a new stair location and bathroom.
Issued September 17, 2019
Building Permit Related(MS)Closed
HVAC - Proposal for a new rooftop addition to access propose rooftop deck, as well as interior alterations to the ground and second floor including a new stair location and bathroom.
Issued September 17, 2019
Building Permit Related(PS)Closed
Plumbing - Demolition of existing stair to Mezzanine, and New stairs to Mezzanine and Roof deck.Demolition of existing Kitchen & Bathrooms, and new Kitchen & Bathrooms.New stair enclosure at roof, and new roof patio & fence.
Issued July 24, 2018
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
425 CARLAW AVESite planUnder Review
Site Plan Control Placeholder for Gerrard Station, one of the stations included in the Ontario Line Elevated Guideway and Stations contract.
530 m away354-358 PAPE AVESite planUnder Review
Combine application for rezoning and site plan approval to permit a proposed mixed use development. The proposed building will be 8 storeys (24.6 metres in height) and comprised of 30 residential units and non residential uses on the ground floor and second floors. The proposal will have a total gross floor area of 2, 926 square metres for a total density of 3.12 times the lot area.
530 m away8 DE GRASSI STSite planAppeal Received
Sties Plan Control application for a proposed 6-storey mixed use building with 15 residential and one commercial units. Minor Variance application 22 240793 STE 14 MV is associated (deferred Dec. 2022). This application (both SP and MV applications) were appelaed by the applicant. The MV appeal (OLT-23-000401) was approved by the OLT on April 5, 2024. The SP appeal (OLT-23-000315) is still subject to conditions of Final Order.
570 m away797 QUEEN ST ESite planUnder Review
Site Plan Control Placeholder for Leslieville Station, one of the stations included in the Ontario Line Elevated Guideway and Stations contract.
620 m away26 B LEWIS STPlan of subdivisionUnder Review
Draft Plan of Subdivision for 2 blocks.
720 m away26 B LEWIS STOfficial plan or zoning amendmentOMB Appeal
Official Plan and Zoning By-law amendment to facilitate the development of the site for a 12-storey mixed-use building having a non-residential gross floor area of 794 square metres, and a residential gross floor area of 28,638 square metres. A total of 340 residential dwelling units are proposed. Application appeald to OLT (OLT-23-000276) on Mar 29, 2023.
720 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in South Riverdale right now
- For sale now
- 44
- Median asking price
- $650K
- New in 7 days
- 3
- Price cuts
- 16%
Middle half: $547K to $856K
22 in 28 days
7 listings
This home is asking 15% above the median.
See all homes in South RiverdaleAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Chester Station | TTC subway: Line 2 Bloor-Danforth | 1.8 km |
| Pape Station | TTC subway: Line 2 Bloor-Danforth | 1.8 km |
| Donlands Station | TTC subway: Line 2 Bloor-Danforth | 1.9 km |
| Broadview Station | TTC subway: Line 2 Bloor-Danforth | 2 km |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 3.7 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Morse Street Junior Public SchoolToronto DSB | Public · grades JK–6 · French Immersion | 450 m | 81%Grade 6 average |
| Dundas Junior Public SchoolToronto DSB | Public · grades JK–5 · French Immersion | 600 m | 59%Grade 3 average |
| St Joseph Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 850 m | 78%Grade 6 average |
| ÉÉC du Bon-BergerConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 1 km | — |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Eastdale Collegiate InstituteToronto DSB | Public · grades 9–12 | 600 m | — |
| Riverdale Collegiate InstituteToronto DSB | Public · grades 9–12 | 850 m | 77%Grade 9 math |
| St Martin Catholic School (St.Martin)Toronto CDSB | Catholic · grades 9–12 | 1.9 km | — |
| École secondaire Michelle-O'BonsawinConseil scolaire Viamonde | French-language public · grades 9–12 | 2.1 km | 79%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in South Riverdale are shown to signed-in members.