121 Logan Avenue, Toronto, ON
Property Highlights
Welcome to this remarkable office located in the coveted neighborhood of South Riverdale. Offering a sublime balance of structural integrity and modern aesthetic appeal, this residence presents an exceptional opportunity offered at $2,133,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 0 Bedrooms and 2 Bathrooms
- Premium 14.83 x 128.89 ft lot size
- Convenient outside/surface garage included
- equipped with yes central cooling and highly efficient gas forced air open heating
Description
Rare offering suitable for a variety of users. The property is zoned for both residential and industrial uses and includes a 2,600 sq. ft.one-storey studio building located on the industrial portion of the lot, accessed from thelaneway. Occupied by an award-winning graphic design firm since 2011, the studio is architecturally designed space featuring four offices, a boardroom, kitchenette, open work area,library, storage, and two washrooms, including one with a shower. The building is wellmaintained and move-in ready. Select furnishings may be available. Adjacent to the studio is a large fenced outdoor deck with a barbecue area, providing anattractive setting for meetings, gatherings, and outdoor enjoyment. Parking includes 3-4 tandemspaces accessed from the laneway, and 5-6 additional parking available at the front of theproperty and along the driveway on the residential portion of the lot.The property benefits from proximity to existing transit services and is within walkingdistance of the future Ontario Line station. The surrounding neighbourhood continues to evolvewith ongoing residential and commercial development.Purchasers are encouraged to conduct their own due diligence regarding the property's zoningand permitted uses. The site's configuration and dual zoning may warrant exploration of variouspossibilities, which may include, subject to all required approvals, severance of theresidential and industrial portions, additional residential construction, expansion of theexisting building, the addition of a second storey, or laneway housing.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 121 Logan Avenue, Toronto E01, ON M4M 2M9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $2,133,000 in Toronto, the legal minimum down payment is $426,600 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $39,800 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $39,800 also applies, bringing the total estimated land transfer taxes to $79,600.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
