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MLS® E13859266For SaleCondominium

123-201 Carlaw Ave

South Riverdale, Toronto, Ontario M4M 2S3

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123-201 Carlaw Ave, Toronto, photo 1
Asking$689,000
Bedrooms
1+1
Bathrooms
1
Size
600–699sq ft
Per sq ft
$1,061at the range’s middle
Tax a year
$2,9032026 tax year
Built
100+
Parking
11 underground
Days on market
Members

The brief

About 123-201 Carlaw Ave

123-201 Carlaw Ave is a 1+1-bedroom, 1-bathroom condo in South Riverdale, Toronto, listed for sale at an asking price of $689,000 (MLS® E13859266).

Experience the perfect blend of industrial charm and contemporary sophistication in this stylish 1-bedroom plus den, 1-bathroom loft in Toronto's vibrant Leslieville neighbourhood. Featuring impressive loft-style ceilings, exposed brick, expansive windows that flood the space with natural light, and an inviting open-concept layout, this unique residence offers character and urban elegance at every turn. The versatile den works well as a home office, creative studio, or reading nook. Enjoy a warm and welcoming living space perfect for relaxing or entertaining in style. A resident-only courtyard lets you unwind under the stars. Ideally situated just steps from trendy cafés, acclaimed restaurants, boutique shops, parks, and public transit, with convenient access to downtown Toronto. Surrounded by Leslieville's lively community atmosphere and charming streets, this distinctive loft offers an exceptional opportunity for first-time buyers, professionals, or investors seeking a unique urban lifestyle in one of Toronto's most desirable east-end neighbourhoods!

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$1,232/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 15 condos with 2 bedrooms 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
$2,903 / 2026
MLS® number
E13859266
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
100+
Days on market
Size
600-699 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: CENTURY 21 MILLER REAL ESTATE LTD.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Condo Apt
Style
1 Storey/Apt
Community
South Riverdale
Municipality
Toronto

Building

Size
600-699 sqft
Building Age
100+
Construction
Brick

Inside

Bedrooms
1+1
Bathrooms
1
Bathroom Details
1 × 3pc Flat
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Condo maint.
$546

Rooms

RoomSizeFeaturesLevel
Living3.99 × 3.35 mLaminate, Large Window, Combined W/KitchenMain
Kitchen3.87 × 4.98 mLaminate, Centre Island, Stainless Steel ApplMain
Primary2.51 × 3.08 mLaminate, Large Window, Large ClosetMain
Den2.81 × 2.42 mLaminate, Led LightingMain
Foyer2.21 × 1.04 mLaminate, ClosetMain

Listing history

Buy/sell history for 123-201 Carlaw Ave, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$689,000N/AFor SaleE13859266

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $137,800

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
$137,800
Total mortgage amount
$551,200
Total interest payment
$392,000
Total purchase cost
$1,081,000
Mortgage payment
$3,144/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

51%

Monthly carrying cost

$3,932
−$1,232per month
  • Rent $2,700
  • Shortfall $1,232

Rental income opens at $2,700, the median asking rent of 15 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
$10,255
Toronto municipal land transfer tax
$10,255
Total land transfer tax
$20,510
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$12,035
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 $689,000
$5,780
Ontario total
$10,255

Toronto’s municipal tax uses the same brackets at this price, so it adds another $10,255.

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

Heritage and ravine protection

  • On the Heritage Register — Listed
  • Not in a mapped Heritage Conservation District
  • Not in the mapped ravine protection area

What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City 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. 438-86
Outside By-law 569-2013

What 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

8 building permits cleared at this address in the City’s file.

  • Other(BA)Closed

    Proposal replacing south curb along the sidewalk at window well/fence

    Issued July 25, 2024

  • Garage Repair/ReconstructionPermit Issued

    Proposal for concrete repair and waterproofing repairs.

    Issued July 21, 2022

  • Garage Repair/ReconstructionClosed

    To complete parking garage repairs and localized restoration of front entrances to townhouse units.

    Issued September 8, 2014

  • Building Permit Related(MS)Revision Issued

    Revision to HVAC in relation to building permit revisions under 07-121520-02 BLD. Deletion of second floor return air grilles in floor.

    Issued March 10, 2010

  • SprinklersInspection

    Sprinkler shop drawings for new Residential tower - See permit 07 121520 BLD.

    Issued April 14, 2009

  • New BuildingInspection

    Construct a new nine storey tower within a renovated two-storey building, formerly an industrial use. See OPA/Rezoning and Site Plan Approval pending< LARGE BIN 38 >

    Issued December 18, 2008

  • Building Permit Related(PS)Inspection

    Plumbing - Construct a new nine storey tower within a renovated two-storey building, formerly an industrial use. See OPA/Rezoning and Site Plan Approval pendingbin 2162

    Issued December 18, 2008

  • Inside and Outside DrainsInspection

    Drain - Construct a new nine storey tower within a renovated two-storey building, formerly an industrial use. See OPA/Rezoning and Site Plan Approval pending

    Issued August 12, 2008

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

Changing nearby. 6 open development applications within 800 m of this home.

  • 8 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.


    540 m away

  • 797 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.


    570 m away

  • 65-87 HEWARD AVEOfficial plan or zoning amendmentOMB Appeal

    Official Plan Amendment (OPA) to re-designate the subject site from Core Employment Areas to Mixed Use Areas to permit future mixed-use development. The OPA would also introduce a new Site and Area Specific Policy that mandates a minimum of 3,150 square metres of gross floor area dedicated to activities related to film, television, and digital media production.


    600 m away

  • 26 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.


    690 m away

  • 26 B LEWIS STPlan of subdivisionUnder Review

    Draft Plan of Subdivision for 2 blocks.


    690 m away

  • 354-358 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.


    690 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

Middle half: $547K to $856K

New in 7 days
3

22 in 28 days

Price cuts
16%

7 listings

This home is asking 6% above the median.

See all homes in South Riverdale

Asking 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

StationLinesDistance
Pape StationTTC subway: Line 2 Bloor-Danforth2 km
Chester StationTTC subway: Line 2 Bloor-Danforth2 km
Donlands StationTTC subway: Line 2 Bloor-Danforth2.1 km
Broadview StationTTC subway: Line 2 Bloor-Danforth2.2 km
Union StationTTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train3.7 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

ElementaryTypeDistanceEQAO average 2024–25
Morse Street Junior Public SchoolToronto DSBPublic · grades JK–6 · French Immersion250 m81%Grade 6 average
Bruce Public SchoolToronto DSBPublic · grades JK–8600 m76%Grade 6 average
St Joseph Catholic SchoolToronto CDSBCatholic · grades JK–8800 m78%Grade 6 average
ÉÉC du Bon-BergerConseil scolaire catholique MonAvenirFrench-language Catholic · grades JK–61.2 km—
SecondaryTypeDistanceGrade 9 math 2024–25
Eastdale Collegiate InstituteToronto DSBPublic · grades 9–12750 m—
Riverdale Collegiate InstituteToronto DSBPublic · grades 9–121 km77%Grade 9 math
St Martin Catholic School (St.Martin)Toronto CDSBCatholic · grades 9–122 km—
École secondaire Michelle-O'BonsawinConseil scolaire ViamondeFrench-language public · grades 9–122.2 km79%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

Similar Active Listings

Recently sold nearby

Sold prices in South Riverdale are shown to signed-in members.

Email Yossi Kaplan, MBA, Salesperson