589 Logan Avenue, Toronto E01

Price: $1,399,000

2 bedrooms, 2 bathrooms

700 - 1,099 sqft

Property Type: Townhouse

MLS#: E12716304

Live in the heart of Riverdale at 589 Logan Ave. This classic red brick rowhome features an elegant kitchen with stainless steel appliances, granite counters and room for a breakfast table by the double sash windows. The spacious and bright living/dining room is quietly tucked away at the back of the house offering high ceilings and a walk out to the deck with neighbourhood views. The primary bedroom has a sunny bay window, double closets and room for a king bed. Earn additional income from the lower level apartment. It feels fresh and inviting with exposed brick, pot lights and a fully above ground walk-out leading to the backyard. Want more space?.. convert it back to a single family home by reintegrating stairs to the basement. Enjoy the convenience of lane parking for one large or two small cars. Green features: on demand tankless water heater and passive solar water heating tube system on roof. Steps to Withrow Park, Riverdale Perk Cafe, The Danforth, Riverdale Park, two streetcar lines and Chester station.

589 Logan Avenue - Townhouse photo 1 of 26 in Riverdale / Leslieville, Ontario
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$1,399,000 - 589 Logan Avenue, Leslieville

Townhouse for Sale in Leslieville

138 days on market
2Beds
2Baths
700 - 1,099Sq Ft
Townhouse
Property Details
MLS Number
E12716304
Property Type
Townhouse
Status
active
Days on Site
138
Bedrooms
2
Bathrooms
2
Square Feet
700 - 1,099 sqft
Neighbourhood
Riverdale / Leslieville
Listing Brokerage
RE/MAX PRIME PROPERTIES - UNIQUE GROUP
Description

Live in the heart of Riverdale at 589 Logan Ave. This classic red brick rowhome features an elegant kitchen with stainless steel appliances, granite counters and room for a breakfast table by the double sash windows. The spacious and bright living/dining room is quietly tucked away at the back of the house offering high ceilings and a walk out to the deck with neighbourhood views. The primary bedroom has a sunny bay window, double closets and room for a king bed. Earn additional income from the lower level apartment. It feels fresh and inviting with exposed brick, pot lights and a fully above ground walk-out leading to the backyard. Want more space?.. convert it back to a single family home by reintegrating stairs to the basement. Enjoy the convenience of lane parking for one large or two small cars. Green features: on demand tankless water heater and passive solar water heating tube system on roof. Steps to Withrow Park, Riverdale Perk Cafe, The Danforth, Riverdale Park, two streetcar lines and Chester station.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$6,188.25/mo

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5-yr fixed avg.

Principal: $1,119,200Interest: $737,275
Mortgage Amount$1,119,200
Total Interest$737,275
Est. Property Tax$991/mo
Total Cost$1,856,475

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

589 Logan Avenue, Riverdale / Leslieville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
0.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$0
Property Tax (est.)-$991
Insurance (est.)-$291
Net Cash Flow+$918

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

Premium Pricing

At $1999/sqft, this property is priced above the Leslieville average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Negotiation Opportunity

At 138 days on site, this property has exceeded the typical selling timeline for Leslieville. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Townhouse Benefits

Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Leslieville have shown strong appreciation as families seek more space.

Efficient Living

At 700 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 $5,829 (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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    589 Logan Avenue, Riverdale /… — $1,399,000 | Battaglia Team