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New3 hours ago

128 - 201 Carlaw Avenue

South Riverdale, Toronto

$875,000

Condo Apartment |
2 | 2 | 1 | 0
About this home

Built in 1913. Reinvented in 2014. Priced like it's still a secret in 2026.Before it became home, this building was a printing factory, producing pages, ink and probably a few typos throughout more than a century of Toronto history. Now it's producing something even better: one seriously good hard loft for someone who wants authentic exposed brick, not drywall pretending to be interesting.The numbers that matter: 1,120 sq. ft., 2 bedrooms, 2 bathrooms, 1 parking space and $875,000. That's approximately $781 per sq. ft., which in this market is basically a typo in your favour.Unit 128 is located in the original three storey heritage conversion, not the newer glass tower addition. Translation: real brick, real bones and character no developer could replicate today.With soaring ceilings, more than 1,100 sq. ft. and a layout that genuinely feels like a house, this loft balances character and comfort. Ground floor access means no elevators and no hauling groceries upstairs. Just walk in and you're home.Upstairs, two generously sized bedrooms and a full bathroom create privacy from the main living area. Downstairs, the open concept kitchen, living and dining space is made for everyday life and entertaining.The living area may be on the lower level, but don't picture a basement. Large windows bring in beautiful west facing natural light, making the space feel open, bright and welcoming.The kitchen comes ready with full size appliances, an island for your inevitable charcuterie phase and enough room for a proper dining table where actual dinners can happen. There's also a powder room downstairs, so guests can visit without wandering through your personal space.Two bedrooms. Two bathrooms. One parking space. Zero pretending.This is more than 100 years of Toronto history transformed into the kind of loft you'll actually want to tell people about.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleLoft
Approx. Age11-15
Size1000-1199 sq. ft.
Maintenance Fees$858
LockerNone
BalconyNone
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,768
mls© NumberE13731136
Listed BySAGE REAL ESTATE LIMITED
Common Elements Included
Building Insurance Included
Parking Included

Listing History

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What the bank counts

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

Mortgage, tested at 6%
$4,479
Property tax
$314
Heat allowance
$150
Condo fees, half counted
$429
Housing costs
$5,372 / mo

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

Down payment20% · $175,000
25-yr amortization

Income needed

$165,000

gross annual household income

Payment at 4%
$3,682 / mo
Cash down
$175,000

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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