Toronto Life - The Informer

Insider intel on the politics and personalities shaping the city. Sign up for Preview newsletter for weekly updates

Real Estate

5 Comments

Condo of the Week: $750,000 for a multi-storey penthouse in North Riverdale

Condo of the Week: 525 Logan Avenue, Unit 204

Address: 525 Logan Avenue, Suite 204
Neighbourhood: North Riverdale
Agents: Susan Delean, Sutton Group-Associates Realty Inc., Brokerage
Price: $749,000

The Place: A three-storey, two-bedroom penthouse in Riverdale with both north- and south-facing terraces. The building was originally built in 1911 as Bell Telephone’s headquarters, and was converted into twelve lofts in 2001.

Bragging Rights: Since there are no other buildings of this height immediately adjacent, the suite is completely private. The owner can look out over Riverdale knowing that no one is looking back in.

Big Selling Point: Residents report that there’s no noise transmission between units; the only way to know a neighbour’s taste in music would be to ask them.

Possible Deal Breaker: There’s no elevator (or doorman, hence the low maintenance fees) so prepare for a healthy three-floor walk up to your unit.

By the Numbers:

• $749,000
• 1,400 square feet
• $563.32 in monthly maintenance fees
• 10-foot windows
• 3 storeys
• 3 bathrooms
• 2 + 1 bedrooms
• 2 private terraces
• 1 parking spot
• 1 locker