245 Carlaw Avenue, Toronto, ON

$724,900
MLS#:E12451649
1 beds
1 baths
900-999 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Loft condo apartment located in the coveted neighborhood of South Riverdale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $724,900 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.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 900-999 sqft
  • 1.0 total parking spaces available
  • Notable attributes: Carpet Free
  • equipped with other central cooling and highly efficient radiant heating via gas

Description

Step into an authentic hard-loft experience at the legendary Wrigley Lofts, a heritage landmark rooted in Toronto's industrial past. Originally built in 1916 as the Wrigley Chewing Gum factory and converted in 1998, this storied building preserves its timeless character with a marble-clad lobby, original industrial detailing, and oversized freight elevators that speak to its history. This spacious live/work loft offers soaring 14-foot ceilings, dramatic mushroom columns, and expansive original warehouse windows that flood the interior with natural light throughout the day. Polished concrete floors enhance the loft's raw aesthetic, while the open layout and mezzanine bedroom create both scale and intimacy. The suite includes an eat-in kitchen, a four-piece bathroom, a stacked washer/dryer, in-suite AC, freshly painted surfaces, and a private storage room. Parking is also included. Perfectly positioned in vibrant Leslieville, you're steps from independent cafés, restaurants, 24-hour TTC, and the future Ontario Line yet living here feels like a world apart. This is more than a home: it's a piece of authentic Toronto history designed for those who appreciate the beauty of industrial architecture.

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Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
900-999 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateOctober 21, 2025
Sold price information is available to members only
Listed Date10/8/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleLoft
ConstructionBrick
BasementNone
CountyToronto
Annual Tax$3,257.65

Parking & Garage

Parking Spaces1.0
Garage Spaces1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
CoolingOther

Features

Property Features

Arts Centre, Park, Public Transit, School, Rec./Commun.Centre

Interior Features

Carpet Free

Security Features

Community Features

Location

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245 Carlaw Avenue, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 245 Carlaw Avenue 403, Toronto E01, ON M4M 2S1

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$47,490 (6.6%)
* Minimum Canadian down payment required for this price is $47,490.
Amortization Period25 Years
Estimated Monthly Payment$4,037Based on a loan of $677,410 over 25 years.
Purchase Price$724,900
Loan Amount$677,410
Provincial Land Transfer Tax:$10,973
Toronto Municipal Land Transfer Tax:$10,973
Total Estimated Closing Taxes:$21,946

About Purchasing a Home in Toronto, ON

For a property listed at $724,900 in Toronto, the legal minimum down payment is $47,490 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 $10,973 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,973 also applies, bringing the total estimated land transfer taxes to $21,946.

Nearby Listings

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No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for South Riverdale, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,070,430

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Withrow Avenue
Public25 Bain Avenue, Toronto, Ontario, M4K 1E5
7.8
Morse Street
Public180 Carlaw Avenue, Toronto, Ontario, M4M 2R9
6.9
Nelson Mandela Park
Public440 Shuter Street, Toronto, Ontario, M5A 1X6
1.6
Sprucecourt
Public70 Spruce Street, Toronto, Ontario, M5A 2J1
4.6
Blake Street
Public21 Boultbee Avenue, Toronto, Ontario, M4J 1A7
5.8

Secondary Schools

Riverdale
Public1094 Gerrard Street East, Toronto, Ontario, M4M 2A1
8.7
Rosedale Heights-Arts
Public711 Bloor Street East, Toronto, Ontario, M4W 1J4
8.0

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.