$559,000

$579,000For salePrice drop↓ $20,000 (3%)

#225 246 Logan Avenue East, Toronto (South Riverdale) - Single Family for Sale

#225 246 Logan Avenue East, Toronto (South Riverdale), Ontario, M4M1J2

2 beds1 bath1 parking750 ft²$642/mo condo feeListed 45 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $559,000, it is attractively priced about 14% below the $649,999 median asking price in Toronto. It has been on the market 45 days, fresher than the Toronto average of 49 days.

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Description

*** CLICK ON THE MULTIMEDIA LINK FOR FULL VIDEO TOUR *** LARGE AND SPACIOUS 1 BEDROOM + DEN WITH PARKING !!! Discover the best of Leslieville living in this spacious one-bedroom unit, ideally located in the heart of Queen East. Featuring generous proportions and an abundance of natural light through floor-to-ceiling windows & high lofted exposed ceilings, this residence offers a bright, inviting space and a versatile canvas to make your own. Enjoy the added value of included parking and an attractive price point for the neighbourhood. With the TTC right at your doorstep, an exciting selection of restaurants and cafes nearby, scenic parks, and convenient highway access to downtown, this location delivers the perfect balance of urban convenience and neighbourhood charm. Whether you're a first-time buyer, investor, or looking for a home in one of Toronto's most sought-after east-end communities, this is an opportunity worth exploring. Book your private viewing today and imagine the possibilities. (id:66096)

Property Details

MLS®: E13815284
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Style: Multi-level
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $642/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,712.87/yr
Listed: 45 days ago

Rooms

Main level

Kitchen: 6.1 x 4.17 meters
Living room: 6.1 x 4.17 meters
Dining room: 6.1 x 4.17 meters
Bedroom: 3.05 x 3.07 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Exterior: Concrete
Lot Features: Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

45d

Toronto (South Riverdale) listings, avg age

49d

Price / ft²

$746

List price

$559K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (South Riverdale) has been listed for 45 days, which is 4 days fresher than the city average of 49. Act while there is still low competition.

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Listed by RE/MAX EXPERTS · MITCH VORA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4M)

This home lists at $559,000, about 5.6× the local median household income of $99,000.

Carrying it typically needs a household income of about $109,192 (20% down, 25-yr amortization, stress-tested) — roughly 10% above the area median.

Median household income: $99,000
Population: 25,052
Median age: 38.8
Owner / renter: 56% / 44%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M4M)

$559,000· $746/ft²

For sale

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Full Cost Breakdown

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Down Payment5.53% · $30,900

Min 5.53%50%

Mortgage payment$2,928/mo

↳ CMHC premium ($21,124 capitalized)

Property tax (est.)$309/mo

Condo fee$642/mo

Total monthly$3,879

Cash Needed to Close

Down payment (5.53%)$30,900

Land transfer tax$15,310

Est. closing costs$4,177

Total cash needed$50,387

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