319 Carlaw Avenue Unit 317, Toronto E01

Price: $640,000

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: E13820564

The grill is on. The string lights are up. Your friends are in no rush to leave. That's a normal summer night on the 340 sq ft private terrace at Suite 317, 319 Carlaw Ave. Most condos give you a balcony. This loft gives you a real outdoor room. It faces south and fits a dining table, a lounge set and a small garden. Water, gas and power are all there, so you can grill, garden and stay out long after dark. The building to the south is a heritage property, so your sun and open sky are about as safe as they get in this city. Inside, the loft feels open and easy, with concrete ceilings and hardwood floors. The living and dining area opens right onto the terrace, so in summer your home almost doubles in size. Laundry is in the suite. Parking and a locker are included, with room for the car, the bikes and the patio chairs come winter. Start your day with coffee in the sun. Walk to Queen Street East for brunch, bakeries and Leslieville's small shops. Run in Riverdale Park or catch the sunset over the skyline. Then come home and eat outside. Streetcars on Queen and Gerrard get you downtown without a car, and a new Ontario Line station is being built at Gerrard and Carlaw. This is a place for people who like to host and want character, not another cookie-cutter shoebox. String lights not included, so pack your own!

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active

$640,000 - 319 Carlaw Avenue Unit 317, Leslieville

Condo for Sale in Leslieville

Popular Listing

Neighbourhood: South Riverdale

1Beds
1Baths
600Sq Ft
Condo

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Property Details
MLS Number
E13820564
Property Type
Condo
Status
active
Days on Site
14
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Riverdale / Leslieville
Taxes (2026)
$3,146
Maintenance Fees
$560/mo
Locker
Owned
Exposure
South
Balcony
Terrace
Listing Brokerage
KELLER WILLIAMS REFERRED URBAN REALTY
Description

The grill is on. The string lights are up. Your friends are in no rush to leave. That's a normal summer night on the 340 sq ft private terrace at Suite 317, 319 Carlaw Ave. Most condos give you a balcony. This loft gives you a real outdoor room. It faces south and fits a dining table, a lounge set and a small garden. Water, gas and power are all there, so you can grill, garden and stay out long after dark. The building to the south is a heritage property, so your sun and open sky are about as safe as they get in this city. Inside, the loft feels open and easy, with concrete ceilings and hardwood floors. The living and dining area opens right onto the terrace, so in summer your home almost doubles in size. Laundry is in the suite. Parking and a locker are included, with room for the car, the bikes and the patio chairs come winter. Start your day with coffee in the sun. Walk to Queen Street East for brunch, bakeries and Leslieville's small shops. Run in Riverdale Park or catch the sunset over the skyline. Then come home and eat outside. Streetcars on Queen and Gerrard get you downtown without a car, and a new Ontario Line station is being built at Gerrard and Carlaw. This is a place for people who like to host and want character, not another cookie-cutter shoebox. String lights not included, so pack your own!

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Estimate your monthly payments for this property

Estimated Payment

$3,283.53/mo

Includes CMHC insurance ($17,856)

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5-yr fixed avg.

Principal: $576,000Interest: $391,204
Mortgage Amount$593,856
Total Interest$391,204
Est. Property Tax$453/mo
Total Cost$985,060

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: South Riverdale

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

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

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.

70
Walk Score
Varies
Price Range

319 Carlaw Avenue Unit 317, Riverdale / Leslieville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
1.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$560
Property Tax (est.)-$453
Insurance (est.)-$133
Net Cash Flow+$654

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 $1067/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.

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. The $560/month fees should cover building insurance, common elements, and reserve contributions.

Efficient Living

At 600 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 $2,667 (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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    319 Carlaw Avenue Unit 317 | $640,000 | Battaglia Team