$578,000 - 246 Logan Avenue Unit 518, Leslieville
Condo for Sale in Leslieville
Neighbourhood: South Riverdale
- MLS Number
- E13605384
- Property Type
- Condo
- Status
- active
- Days on Site
- 30
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Riverdale / Leslieville
- Locker
- Owned
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Above It All in Leslieville's Premier Boutique Soft Loft! Nestled in the treetops of one of Toronto's most vibrant neighborhoods, this one-of-a-kind 1-bedroom customized soft loft perfectly blends style, comfort, and functionality. Located in a meticulously maintained boutique low-rise, professionally managed by Icon Property, the building features a dedicated on-site superintendent (Mon to Fri 10:00am-6:00pm; Sat 8:00am-12:00pm) along with nightly on-site security (Mon to Sun 11:00pm-7:00am), offering residents exceptional service and added peace of mind. Steps from cafes, artisanal shops, restaurants, parks, and TTC, this sun-filled boasts floor-to-ceiling windows. Storage is generous with an oversized locker, and secure underground parking included. Situated on the quiet side of this well-managed boutique building, residents also enjoy access to a party room terrace and conference space. Ideal for first-time homebuyers, this turnkey loft offers low maintenance fees and strong rental potential, all within a 10/10 location known for its quiet tree-lined streets, nearby parks, fantastic takeout options, and unbeatable urban convenience. This property represents a smart investment in one of Toronto's most sought after hoods. brand new SS fridge
Estimate your monthly payments for this property
Estimated Payment
$2,965.44/mo
Includes CMHC insurance ($16,126)
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 South Riverdale
South Riverdale 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 South Riverdale
- •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
South Riverdale 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.
246 Logan Avenue Unit 518, Riverdale / Leslieville
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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
Premium Pricing
At $1156/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.
Market Position
At 30 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.
Efficient Living
At 500 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.
About South Riverdale
I know South Riverdale well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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 $2,408 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.