245 Carlaw Avenue Unit 203, Toronto E01

Price: $739,900

1 bedrooms, 1 bathrooms

900 sqft

Property Type: Condo

MLS#: E13228232

**Open House Saturday June 6th 2-4pm** This is the real deal! True hard loft living at the iconic Wrigley Lofts, a beautiful conversion of the historic 1916 Wrigley Chewing Gum Factory in prime Leslieville! One parking spot & one large premium locker room included in the price! Loft 203 has been tastefully updated from top to bottom while preserving the character that makes true hard lofts so special: stylish open concept kitchen, soaring 14-foot ceilings, original warehouse windows, and fluted mushroom columns. Serious WOW Factor! 980 sq feet of history! The wide, functional layout allows for seamless living, working, and entertaining with room to customize the space to your lifestyle. Seller has relocated sprinklers to create a clearer mezzanine bedroom ceiling. Owned parking is located on the north side of the building. This parking lot will not be developed so your view is protected. Ideal for professionals, creatives, and entrepreneurs seeking an authentic hard loft lifestyle in a neighbourhood that continues to grow and evolve. Quick access to downtown, the DVP, Gardiner Expressway, TTC streetcars, and some of Toronto's best bike routes and green spaces. Minutes to trendy Queen East, Beaches, Riverdale, and the Danforth. Walkers Score: 99, Bikers Score 95, Transit 88. Future Ontario line stop close by. Note: There are lots of A/C options, please ask listing agent.

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New Listing
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$739,900 - 245 Carlaw Avenue Unit 203, Leslieville

Condo for Sale in Leslieville

New — Listed 6 days ago
1Beds
1Baths
900Sq Ft
Condo
Property Details
MLS Number
E13228232
Property Type
Condo
Status
active
Days on Site
6
Bedrooms
1
Bathrooms
1
Square Feet
900 sqft
Neighbourhood
Riverdale / Leslieville
Locker
Owned
Exposure
North
Balcony
None
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

**Open House Saturday June 6th 2-4pm** This is the real deal! True hard loft living at the iconic Wrigley Lofts, a beautiful conversion of the historic 1916 Wrigley Chewing Gum Factory in prime Leslieville! One parking spot & one large premium locker room included in the price! Loft 203 has been tastefully updated from top to bottom while preserving the character that makes true hard lofts so special: stylish open concept kitchen, soaring 14-foot ceilings, original warehouse windows, and fluted mushroom columns. Serious WOW Factor! 980 sq feet of history! The wide, functional layout allows for seamless living, working, and entertaining with room to customize the space to your lifestyle. Seller has relocated sprinklers to create a clearer mezzanine bedroom ceiling. Owned parking is located on the north side of the building. This parking lot will not be developed so your view is protected. Ideal for professionals, creatives, and entrepreneurs seeking an authentic hard loft lifestyle in a neighbourhood that continues to grow and evolve. Quick access to downtown, the DVP, Gardiner Expressway, TTC streetcars, and some of Toronto's best bike routes and green spaces. Minutes to trendy Queen East, Beaches, Riverdale, and the Danforth. Walkers Score: 99, Bikers Score 95, Transit 88. Future Ontario line stop close by. Note: There are lots of A/C options, please ask listing agent.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,796.07/mo

Includes CMHC insurance ($20,643)

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5-yr fixed avg.

Principal: $665,910Interest: $452,268
Mortgage Amount$686,553
Total Interest$452,268
Est. Property Tax$524/mo
Total Cost$1,138,821

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.

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Neighbourhood Guide: Riverdale / Leslieville

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

245 Carlaw Avenue Unit 203, Riverdale / Leslieville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,880/mo
Range: $1,598 - $2,162
Cap Rate (ROI)
1.0%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$1,880
Maintenance Fees-$585
Property Tax (est.)-$524
Insurance (est.)-$154
Net Cash Flow+$617

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $822/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 $3,083 (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.

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    245 Carlaw Avenue Unit 203, Riv… — $739,900 | Battaglia Team