245 Carlaw Avenue, Toronto, ON
This listing is no longer active (Sold)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 $599,900 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 800-899 sqft
- 1.0 total parking spaces available with a convenient surface configuration
- Notable attributes: Water Heater Owned, Storage
- equipped with window unit(s) central cooling and highly efficient radiant heating via gas
Description
*Property's original use was commercial and sold to a commercial buyer therefore the equivalent residential sale price is $638,000 as the seller has to pay HST on the sale price for a residential buyer and in this case the commercial buyer paid the HST* Here is your opportunity to create your dream loft in Leslieville's legendary "Wrigley" building. One surface parking spot and a huge storage locker included in purchase price! The space is currently quite raw but does have a 3 piece bathroom w/ an enclosed shower. It also has a kitchen with a brand new stove and fridge. The space is move in ready so you could move in and renovate later. Soaring ceilings w/ fluted columns that are bathed in natural light. Owned parking for the building is on the north side so this parking lot will not be developed - the view is protected. Photos in the listing are a combination of actual and virtual staged to scale. There is currently isn't an enclosed bedroom but this could be added easily. Premium locker 50 sq ft w/ high ceilings located on first floor south corridor about half way down w/ 111 on door.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 245 Carlaw Avenue 405a, Toronto E01, ON M4M 2S1
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 $599,900 in Toronto, the legal minimum down payment is $34,990 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 $8,473 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,473 also applies, bringing the total estimated land transfer taxes to $16,946.
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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.
