627 Carlaw Avenue, Toronto, ON

$1,489,000
MLS#:E9395261
3 beds
2 baths
1500-2000 sqft
2.0 parking
Residential Freehold
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This listing is no longer active (Sold)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 2-Storey detached located in the coveted neighborhood of North Riverdale. Expertly crafted featuring premium brick and shingle construction, this residence presents an exceptional opportunity offered at $1,489,000 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.

  • 3 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1500-2000 sqft on a premium 22.67 x 107 ft lot
  • Features a finished with walk-out basement, adding superb versatility for recreation, a home gym, or extra storage
  • 2.0 total parking spaces available with a convenient detached configuration
  • Notable attributes: Storage, Water Heater, Workbench
  • equipped with wall unit(s) central cooling and highly efficient radiant heating via gas

Description

Imagine waking up each day to the view of Withrow Park right outside your window - children playing, friends gathering, and neighbours enjoying the beautiful greenspace. Perfectly situated in the heart of Riverdale 627 Carlaw Avenue is a charming, and well maintained, 2-storey detached brick home offering 3 bedrooms, 2 bathrooms, a garage, a finished basement and a list of updates that includes a newer kitchen, hardwood floors and updated electrical, to name but a few. Step outside, and you will find the park at your doorstep (literally), a true community gem where weekends come alive with laughter, picnics, and local sporting events. Your family's adventures are just a stone's throw away, making it easy to create lasting memories. Commuting is a breeze with the Danforth/Bloor subway line just 3 blocks north. A short walk to the Subway means you can effortlessly get to work downtown or explore the City on weekends. We can't forget that the same walk north gets you the best of the best restaurants, bars, and retail shops that The Danforth is known for. Families will appreciate the proximity to some of the best schools in the East End, providing a nurturing environment for your children to thrive. Living in Riverdale means your kids will grow up surrounded by endless opportunities for exploration whether it's playing in the park or discovering the charming streets filled with history and community spirit. This lovingly maintained home radiates warmth and care, allowing it to be move-in ready with the potential to personalise as desired. Consider adding a third floor and/or digging out the basement to maximize the space and location...At 627 Carlaw Avenue, you're not just purchasing a property you are embracing the Riverdale lifestyle filled with community connections, memorable moments, and endless possibilities. Don't miss your chance to become part of the vibrant Riverdale neighbourhood - your family's new story begins here.

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Key Features

Bedrooms
3
Bathrooms
2
Kitchens
1
Living Area
1500-2000 sqft
Property Type
Residential Freehold

Additional Details

StatusSold
Sold DateOctober 22, 2024
Sold price information is available to members only
Listed Date10/15/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeDetached
Architectural Style2-Storey
ConstructionBrick, Shingle
BasementFinished with Walk-Out
Lot Size22.67 × 107 Feet
CountyToronto
Annual Tax$7,760.89
Legal DescriptionPLAN M311 PT LOT 12 PLAN 96 PT LOT 6

Parking & Garage

Parking Spaces2.0
Garage Spaces1
Garage TypeDetached

Heating & Cooling

Heat SourceGas
Heat TypeRadiant
CoolingWall Unit(s)

Features

Property Features

Park, Public Transit, School, Rec./Commun.Centre

Interior Features

Storage, Water Heater, Workbench

Security Features

Community Features

Location

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627 Carlaw 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 627 Carlaw Avenue, Toronto E01, ON M4K 3K5

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.

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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$297,800 (20.0%)
* Minimum Canadian down payment required for this price is $297,800.
Amortization Period25 Years
Estimated Monthly Payment$7,099Based on a loan of $1,191,200 over 25 years.
Purchase Price$1,489,000
Loan Amount$1,191,200
Provincial Land Transfer Tax:$26,255
Toronto Municipal Land Transfer Tax:$26,255
Total Estimated Closing Taxes:$52,510

About Purchasing a Home in Toronto, ON

For a property listed at $1,489,000 in Toronto, the legal minimum down payment is $297,800 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 $26,255 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $26,255 also applies, bringing the total estimated land transfer taxes to $52,510.

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$1,505,135

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.