$899,000 - 233 Carlaw Avenue Unit 406, Leslieville
Condo for Sale in Leslieville
New — Listed 2 days ago- MLS Number
- E13413020
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 900 sqft
- Neighbourhood
- Riverdale / Leslieville
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Authentic hard loft living in the iconic Garment Factory Lofts. This stunning 2-bedroom residence blends historic industrial character with thoughtful modern upgrades. Offering approximately 971 sq. ft. of interior living space plus a private 180 sq. ft. covered balcony, Unit 406 is a true urban retreat in the heart of Leslieville. Soaring 11.5-foot ceilings, polished concrete floors, fluted concrete columns, and expansive wall-to-wall windows create a dramatic yet inviting living environment with an unmistakable mid-century modern vibe. The open-concept living and dining area is designed for both everyday living and entertaining, flowing seamlessly to the oversized covered balcony, an extension of the living space and the perfect setting for summer dinners, cocktails with friends, or a quiet morning coffee. The kitchen was substantially renovated in 2024 and features custom cabinetry, integrated storage solutions, and a built-in buffet that maximizes both function and style. The spacious second bedroom offers excellent flexibility as a guest room, home office, or creative space, with ample closet storage and a Murphy bed that allows the room to adapt to changing needs. Recent mechanical upgrades provide peace of mind, including replacement of the water heater in 2024, along with a new air conditioning unit and air handler in 2025. Located in one of Toronto's most sought-after loft conversions, residents enjoy an unbeatable Leslieville lifestyle just steps to parks, cafés, restaurants, boutiques, transit, and the vibrant energy of Queen Street East. A rare opportunity to own a truly authentic loft with history, character, and all the right updates in one of the city's most desirable neighbourhoods. "Other" Room is Balcony.
Estimate your monthly payments for this property
Estimated Payment
$4,612.34/mo
Includes CMHC insurance ($25,082)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Riverdale / Leslieville
Riverdale / Leslieville is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Riverdale / Leslieville
- •Convenient location in Riverdale / Leslieville
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Riverdale / Leslieville offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
233 Carlaw Avenue Unit 406, Riverdale / Leslieville
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $999/sqft, this property is priced in line with current Leslieville market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Just Listed - Act Strategically
This property hit the market within the last week. In Leslieville's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Efficient Living
At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
Investment Perspective
Looking at this as an investment: Leslieville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.