$979,000 - 245 Carlaw Avenue Unit 315, Leslieville
Condo for Sale in Leslieville
40 days on market- MLS Number
- E13098226
- Property Type
- Condo
- Status
- active
- Days on Site
- 40
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 1,000 sqft
- Neighbourhood
- Riverdale / Leslieville
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- RE/MAX HALLMARK BIBBY GROUP REALTY
This Is Your Opportunity To Own A Piece Of History In Leslieville's Most Sought-After Loft Conversion - The Intimate Wrigley Lofts! Originally The Wrigley Chewing Gum Factory And Converted In 1998, The Loft Offers 1150 Meticulous Interior Square Feet. The Two-Bedroom Residence Provides A Unique Quality Of Life And Showcases Dramatic Original Industrial Finishes Throughout. The Well-Defined Principal Rooms Feature Soaring 13.6'-Foot Ceilings And Are Designed For Seamless Entertaining On Any Scale. The Modern Kitchen Features Full Height Custom Millwork Offering Ample Storage. The Kitchen Also Features A Large Center Island With A Convenient Breakfast Bar. The Cozy & Spacious Primary Bedroom Retreat Is Accessed By A Custom Spiral Staircase And Includes A Large Wall To Wall Closet System. The Lower Level Includes A Spacious Second Bedroom Which Is Perfect For Families, Guests Or Those In Need Of An Enclosed Private Studio Or Media Room. The Loft Also Features A Spa-Like Four-Piece Bathroom. Incredible Location As You Have Easy Access To The Shops Of Carlaw, Acclaimed Restaurants Of Queen Street East & Jesse Simpson Recreation Centre. Easy Access To Queen Street Street Car, The Upcoming Ontario Line DVP, Martin Goodman Trail & Tommy Thompson Park.
Estimate your monthly payments for this property
Estimated Payment
$5,022.78/mo
Includes CMHC insurance ($27,314)
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.
245 Carlaw Avenue Unit 315, 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 $979/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.
Market Position
At 40 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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 $4,079 (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.