321 Carlaw Avenue 103

South Riverdale, Toronto, M4M 2S1

$1,225,000

Photo 1 of 2Photo 2 of 2
  • 2 bathrooms

Listed 111 days ago · MLS® E13509048

About this home

Exceptional, high-yield income property in South Riverdale-one of Toronto's most vibrant, rapidly evolving, and culturally diverse communities. This prime 1,292 sq. ft. corner commercial condominium unit commands an enviable street presence, generating massive foot and vehicular traffic. Perfectly positioned amid a high-density mix of residential, corporate office, and retail spaces, the location ensures a non-stop stream of daily passersby. Fully leased to an established, highly successful operator with over 13 years of strong history and community goodwill at this exact location. A true hands-off, secure addition to any investment portfolio.

Details

Type
Commercial Retail
Age
6-15 years
Garage
None
Property tax
$12,081 (2026)
Neighbourhood
South Riverdale
Municipality
Toronto E01

Interior

Bathrooms
2 × bathroom

Heating, cooling and services

Heating
Gas Forced Air Open
Air conditioning
Yes
Utilities
Available

Building and exterior

Age
6-15 years
Building area
1,292 Square Feet

More

Possession
TBD
Cross street
Dundas / Carlaw
Business type
Hospitality/Food Related

Location

Location is approximate. See nearby homes on the map

Recent sales nearby

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The neighbourhood

Getting around Very walkable

  • 🚇 Pape Subway1.8 km
  • 🚇 Chester Subway1.8 km
  • 🚆 Toronto Union Station GO3.8 km

Within a 10-minute walk: 12 grocery stores, 101 cafés and restaurants, 18 parks, 9 pharmacies. Nearest grocery: The Source Bulk Foods (400 m). Nearest park: Carlaw-Dundas Triangle Park (100 m).

Schools nearby

Elementary

  • Morse Street Junior Public School
    EQAO: Gr 6 reading 85%, math 71%
    7 min walk
  • Dundas Junior Public School
    EQAO: Gr 3 reading 66%, math 53%
    9 min walk
  • Bruce Public School
    EQAO: Gr 6 reading 93%, math 43%
    11 min walk
  • Pape Avenue Junior Public School
    EQAO: Gr 6 reading 98%, math 71%
    11 min walk

Secondary

  • Eastdale Collegiate Institute10 min walk
  • Queen Alexandra Middle School11 min walk
  • SEED Alternative School12 min walk

EQAO: share of students meeting the provincial standard (2024–25). Ontario average: Gr 6 reading 86%, math 51%; Gr 9 math 55%; literacy test 83%.

Closest schools, not school zones. Check which school serves this address with the school board before relying on it.

Who lives here postal area M4M

Owners / renters
56% / 44%
Median household income
$99,000
Average age
40
Children under 15
14%
Homes
6% detached, 25% high-rise
Commute by transit
25%
Population
25,052

Languages spoken most at home besides English: Yue (Cantonese) 6.3%, Mandarin 3.5%, Vietnamese 1.5%, Spanish 0.6%.

Flood and conservation No mapped hazard

Not inside a mapped flood plain or regulated area.

Screening maps only. Ask the conservation authority for a property inquiry before relying on this.

Safety

Major crime per resident in South Riverdale (2025): about the Toronto average, down 17% from the year before.

  • Assaultabout average
  • Break and enter40% above average
  • Auto theftabout average
  • Robberyabout average
  • Theft from vehicles65% above average
  • Shootings61% below average

Crime Severity Index for Toronto police: 60 vs 57 for Ontario (2025).

Police-reported figures for the whole neighbourhood, not this street. Rates use the area’s resident population.

Development nearby 3 active

  • 929 QUEEN ST E · 400 m
    Site Plan · NOAC Issued · applied 2023
    Application for Site Plan Control to permit a 9-storey mixed use building, containing 78 rental units and 195 square metres of commercial gross floor area.
    Application details
  • 1001 QUEEN ST E · 400 m
    Site Plan · NOAC Issued · applied 2018
    Site Plan Control application fpr a proposed mixed use building with an overall height of 6-storeys (inclusive of mechanical). A total of 16 residential units…
    Application details
  • 15 BUSY ST · 350 m
    Site Plan · NOAC Issued · applied 2018
    Site Plan Control application associated with Zoning By-law amendment to allow the redevelopment of a parking lot with a 6-unit townhouse block(1828.0 sq. m.).…
    Application details
  • 929 QUEEN ST E · 400 m
    Official Plan / Zoning By-law Amendment · Closed · applied 2022
    OPA and Rezoning for a 10-storey mixed-use building (including mezzanine) having a non-residential gross floor area of 213.5 square metres, and a residential…
    Application details
  • 485 LOGAN AVE · 400 m
    Plan of Condominium · Closed · applied 2022
    Draft Plan of Standard Condominium for 41 dwelling units.
    Application details

Rezoning, site plan, subdivision and condominium applications filed with the city.

Distances are approximate. Places © OpenStreetMap contributors. Neighbourhood figures: Statistics Canada, 2021 Census. School results: EQAO via Ontario Data Catalogue (Open Government Licence – Ontario). Neighbourhood crime: Toronto Police Service Public Safety Data Portal (Open Government Licence – Toronto Police Service). Crime Severity Index: Statistics Canada. Planning applications: City of Toronto open data.

Living here

Commute

To Union Station (downtown Toronto): 4 km. Transit times · Driving times

Coming transit

  • 🚧 Gerrard 400 m
  • 🚧 Leslieville Ontario Line600 m · opening early 2030s
  • 🚧 East Harbour Ontario Line1.1 km · opening early 2030s

Stations under construction or approved. Opening dates are the latest public estimates and often move.

Noise 1 source nearby

  • 🚆 Rail line (Kingston Subdivision)250 m

Distances from the map, not noise measurements. Visit at rush hour to judge for yourself.

Building permits

  • Interior Alterations · 2022 · Closed
    Rev 01: removal of drywall ceiling in corridor, lighting revised in this area as well as HVAC ductwork to accommodate exposed concrete…
  • Interior Alterations · 2019 · Closed
    Proposal for interior alterations to unit 104 of existing office "Edward Jones Investments"
  • Interior Alterations · 2018 · Closed
    Proposal for interior alterations to expand existing ground floor restaurant, less than 30 seats into adjoining space - Units 101-103
  • Interior Alterations · 2015 · Inspection
    Proposal for tenant fit up in unit #102 for a new retail/grocery store/take-out restaurant in the existing multiple unit building. Tenant:…
  • Interior Alterations · 2015 · Closed
    Interior Alteration. Proposal to add partitions to an existing office space

Permits filed with the City of Toronto. A permit doesn’t mean the work passed final inspection.

Trees

23 City street trees within 100 m. That’s fewer than the Toronto average of 42.

Trees on City boulevards only, not private yards or parks.

Internet High-speed

50/10 Mbps or faster available here by cable, fibre or DSL (the federal high-speed target).

From the federal broadband map. Check exact speeds and providers for the address.

Zoning, heritage, building permits and street trees: City of Toronto open data (Open Government Licence – Toronto). Roads, rail, airports and planned stations © OpenStreetMap contributors. Internet: Innovation, Science and Economic Development Canada, National Broadband Data.

Listed by ROYAL LEPAGE SIGNATURE REALTY.

Listing information provided by PropTx Innovations Inc. and TRREB; deemed reliable but not guaranteed accurate by PropTx.

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