246 Logan Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Multi-Level common element condo located in the coveted neighborhood of South Riverdale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $669,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 500-599 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient heat pump heating via gas
Description
Welcome to The Logan Residences, Leslieville's premier boutique building! Conveniently located in the epicentre of all the action, this 1 bed soft loft offers a unique blend of style and functionality. Tastefully upgraded throughout, this isn't your typical cookie cutter condo, with no expense spared on new floors, built in nooks, custom storage and barn door, light fixtures, gas stove and full sized appliances. Enjoy the floor to ceiling windows and extra wide floor plan which ensures no wasted space.The expansive south-facing layout is bathed in natural light and situated atop the building's green roof, providing serene views of the neighbourhoods charming residential streets. Ample storage with large bedroom closet and oversized locker. Cozy balcony, that's perfectly tucked away for maximum privacy. Ideal for first time home buyers and savvy investors with high rents and low maintenance fees. The unit offers positive cash flow with current interest rates and has been rented furnished, for $3,500/month over the past 1.5 years. This condo can be sold fully furnished - a turnkey opportunity in one of Toronto's most vibrant communities. Enjoy TTC, banks, LCBO, Shoppers, boutique bars and restaurants, gyms, parks, farmers markets and artisanal shops right at your front door. Steps to the future Ontario Line. 1 Parking Spot & 1 Locker. Building amenities: party room with terrace and conference room. Unit is freshly painted.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 246 Logan Avenue 406, Toronto E01, ON M4M 0E9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $669,000 in Toronto, the legal minimum down payment is $41,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $9,855 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,855 also applies, bringing the total estimated land transfer taxes to $19,710.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
