$1,079,000Asking Price
493 Carlaw Avenue, Toronto E01, ON M4K 3H9
Riverdale, Toronto
Prime Riverdale. Commercial & Residential zoned corner property. Main floor has retail space with a 1-bdrm apartment behind storefront that can be opened up as part of commercial portion. 2nd & 3rd floors are a 3-bdrm apartment. Basement is unfinished with laundry facilities. Property offers many possibilities for investors. Live and work, professional offices, coffee shop etc. Garage and parking spot in driveway, 2 spots. Situated steps from Pape school, TTC, future subway, The Danforth, shopping, parks and convenient access to downtown. Great investment opportunity in a key location with terrific potential. Storefront tenant is on month-to-month lease. Tenant willing to leave when Buyer takes over. Being sold in "as is" condition.
Prime Riverdale. Commercial & Residential zoned corner property. Main floor has retail space with a 1-bdrm apartment behind storefront that can be opened up as part of commercial portion. 2nd & 3rd floors are a 3-bdrm apartment. Basement is unfinished with laundry facilities. Property offers many possibilities for investors. Live and work, professional offices, coffee shop etc. Garage and parking spot in driveway, 2 spots. Situated steps from Pape school, TTC, future subway, The Danforth, shopping, parks and convenient access to downtown. Great investment opportunity in a key location with terrific potential. Storefront tenant is on month-to-month lease. Tenant willing to leave when Buyer takes over. Being sold in "as is" condition.
See MoreKey Info
- 3-Storey Store with Apartment
- 2 Parking
- No Garage
- Carlaw/Langley Ave.
- 1500-2000 Approximate Sq Feet
- No Ensuite Laundry
- Forced Air Gas Heating
- Central Air
Property
- Excludes: Heat, Hydro, Water, Cable TV, Central A/C, Common Elements, Building Insurance, Parking
- Taxes were $7,336 in 2025
- Possession: 90 Days/TBA
Details
- Brick Exterior
- No Fireplace
- 2 Kitchens
- MLS #E12590142
- RE/MAX ULTIMATE REALTY INC.
Extras
Rooms
| Room | Floor | Dimensions | Details | |
|---|---|---|---|---|
| 1 | Other | Main | 18.70' x 16.73' | 2-PieceEnsuite, Large Window |
| 2 | Kitchen | Main | 9.97' x 9.32' | Window |
 | 1 4-Piece Bathroom | |||
| 1 4-Piece Bathroom | |||
| 1 3-Piece Bathroom on Main Floor | |||
| 1 2-Piece Bathroom on Main Floor | |||
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Who lives here?
Riverdale, Toronto is a central Toronto neighbourhood notable for its university grads, executives and business, education, law & public sector and arts & culture professionals. Residents tend to be older with a significant number of babies, kids aged 5 to 9, adults aged 35 to 64 and seniors aged 65 to 69.
Families
Kids Per Family
1.1
kids per family
in the neighbourhood.
Gta ({{ '1.29999995231628' | number: 1 }})
Singles
46%
of residents are
single and loving it.
46% singles
Toronto (50%)Gta ({{ '44.8800010681152' | number: 0 }}%)
Renters
44%
of residents
are renters.
44% renters
Toronto (47%)Gta ({{ '33.0200004577637' | number: 0 }}%)
Education
64%
of residents are
university grads.
64% university grads
Toronto (48%)Gta ({{ '43.6699981689453' | number: 0 }}%)
Income
Average Household Income
$177K
is the average household
income in the neighbourhood.
Gta ({{ '135056.828125' | minifiedCurrency }})
Professions
Professions
| Government | 15% |
| Sales | 12% |
| Business | 12% |
| Management | 11% |
| Culture | 9% |
Immigrants
26%
of residents were
born outside of Canada.
26% immigrants
Toronto (48%)Gta ({{ '45.4300003051758' | number: 0 }}%)
Birthplace - All
4.4% from China
All-time
Birthplace - Recent
0.3% from USA
Recent
Foreign Languages
Foreign Languages
| Cantonese | 5% |
| Greek | 3% |
| French | 2% |
| Mandarin | 2% |
| Spanish | 1% |
Religions
Religions
| Christian | 45% |
| Jewish | 3% |
| Buddhist | 3% |
| Hindu | 1% |
Social Housing
Social Housing Buildings
3
Social housing buildings
in the neighbourhood.
Shelters
Shelters
0
Homeless shelters in
the neighbourhood.
