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317 - 319 Carlaw Avenue
South Riverdale, Toronto
$640,000
Imagine this, the BBQ is fired up, the string lights are on and your friends have no plans to leave. As you're enjoying the 240 sq.ft. private south-facing terrace of your new loft. Unit 317 at 319 Carlaw Ave. gives you something most condos can't! Real outdoor living space. There's space for a dinner table, outdoor living space and a small garden. Water, gas and power are all there, so you can grill, garden and spend evenings outside even after the sun goes down. With a heritage building to the south, your sunlight and open sky are as protected as views can be in the city. Inside, the loft feels open and relaxed. 9 ft concrete ceilings give you room to breathe, and hardwood floors keep it warm. The living and dining area flows straight outside, so in summer your home nearly doubles in size. Daily life is simple here. Laundry is in your suite. Parking and a locker are included, giving you a home for the car, the bikes and the patio furniture come winter. Your days take shape around the neighbourhood. Start with coffee in the sun. Walk to Queen Street East for brunch, bakeries and the local shops Leslieville is known for. Head to Riverdale Park for a run or a sunset over the skyline. Then come home and eat outside. Getting around is easy too. Streetcars on Queen, and Gerrard take you downtown without a car. And the under-construction Ontario Line station at Gerrard and Carlaw is on the way. This is a home for people who love to host, want a non-cookie cutter shoebox and want a place with character. This unit is ready for a new owner? Are you ready to call this unit home? Don't wait units like this do not come up often.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $560 |
| Locker | Owned |
| Balcony | Terrace |
| Exposure | South |
| Parking Type | Underground |
| Parking Spaces | 1 |
| Parking Features | Underground |
| Property Tax | $3,146 |
| mls© Number | E13820564 |
| Listed By | KELLER WILLIAMS REFERRED URBAN REALTY |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,276
- Property tax
- $262
- Heat allowance
- $150
- Condo fees, half counted
- $280
- Housing costs
- $3,968 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$122,000
gross annual household income
- Payment at 4%
- $2,693 / mo
- Cash down
- $128,000
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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