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Listed 10 days ago

518 - 246 Logan Avenue

South Riverdale, Toronto

$578,000

Condo Apartment |
1 | 1 | 1 | 1
About this home

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

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age6-10
Size500-599 sq. ft.
Maintenance Fees$506
LockerOwned
BalconyTerrace
ExposureEast
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,678
mls© NumberE13605384
Listed ByRE/MAX HALLMARK REALTY LTD.
Water Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,958
Property tax
$223
Heat allowance
$150
Condo fees, half counted
$253
Housing costs
$3,585 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $115,600
25-yr amortization

Income needed

$110,000

gross annual household income

Payment at 4%
$2,432 / mo
Cash down
$115,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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