495 Logan Avenue, Toronto, ON

$918,800
MLS#:E9369038
2 beds
2 baths
800-899 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of North Riverdale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $918,800 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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 800-899 sqft
  • 1.0 total parking spaces available with a convenient attached configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient heat pump heating via electric

Description

Welcome to "The Lofthouse Condominiums" and this beautiful 810sf suite in prime North Riverdale. Featuring 2 spacious bedrooms and 2 full, modern bathrooms, enjoy the bright, open-concept living area with floor-to-ceiling windows that provide unblocked, picturesque, tree-lined, 4-season views towards Withrow Park. Step out onto your private balcony, complete with gas BBQ hookup, perfect for year-round grilling and relaxation. The sleek, contemporary kitchen with full-size gas stove and pristine quartz countertops is ideal for both everyday living and entertaining. This suite also includes one parking space and an ensuite storage locker for added convenience. Located just steps from the vibrant Danforth Greektown and Leslieville neighbourhoods bustling restaurants, shops and more. And, with access to the TTC streetcar outside the building for seamless city commuting makes this unit the epitome of convenience. Don't miss this rare opportunity to enjoy the best of urban living with a serene park-side backdrop!

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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
800-899 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateNovember 27, 2024
Sold price information is available to members only
Listed Date9/26/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick
BasementNone
CountyToronto
Annual Tax$3,846.27

Parking & Garage

Parking Spaces1.0
Garage TypeAttached

Heating & Cooling

Heat SourceElectric
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Library, Park, Place Of Worship, Public Transit, Rec./Commun.Centre

Interior Features

None

Security Features

Security System

Community Features

Location

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495 Logan Avenue, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 495 Logan Avenue 507, Toronto E01, ON M4K 0A5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$66,880 (7.3%)
* Minimum Canadian down payment required for this price is $66,880.
Amortization Period25 Years
Estimated Monthly Payment$5,077Based on a loan of $851,920 over 25 years.
Purchase Price$918,800
Loan Amount$851,920
Provincial Land Transfer Tax:$14,851
Toronto Municipal Land Transfer Tax:$14,851
Total Estimated Closing Taxes:$29,702

About Purchasing a Home in Toronto, ON

For a property listed at $918,800 in Toronto, the legal minimum down payment is $66,880 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 $14,851 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $14,851 also applies, bringing the total estimated land transfer taxes to $29,702.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for North Riverdale, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,505,380

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Withrow Avenue
Public25 Bain Avenue, Toronto, Ontario, M4K 1E5
7.8
Frankland
Public816 Logan Avenue, East York, Toronto, Ontario, M4K 3E1
6.3
Holy Name
Public690 Carlaw Avenue, East York, Toronto, Ontario, M4K 3K9
5.7
Jackman Avenue
Public79 Jackman Avenue, Toronto, Ontario, M4K 2X5
8.0
Blake Street
Public21 Boultbee Avenue, Toronto, Ontario, M4J 1A7
5.8

Secondary Schools

Rosedale Heights-Arts
Public711 Bloor Street East, Toronto, Ontario, M4W 1J4
8.0
Riverdale
Public1094 Gerrard Street East, Toronto, Ontario, M4M 2A1
8.7

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.