Welcome to

320 Logan Avenue

320 Logan Avenue

After many years of being the poor relation to Riverdale, Leslieville has emerged as Toronto’s hippest destination and features great cafes, vintage furniture stores and privately owned fashion and design stores. Property values have shown a steady increase since 2005 making this area attractive to investors and home buyers alike.

320 Logan Avenue is a two unit duplex with soaring ceilings, renovated kitchens and bathrooms, pine floors, a fenced garden and parking for two cars. The upper unit is an open concept loft like design with one bedroom, a living room, en suite laundry and a deck. The lower unit has two bedrooms, the open concept space includes a living room, a spacious dining room, a large kitchen and a mudroom with a walk out to the garden. The laundry room and furnace room are located on the lower level.

Here is your opportunity to live in trendy Leslieville. The upper unit is leased at $1,350 month and the lower unit is leased at $1,900 month. Here are the numbers:

Purchase price $649,000

20% down payment 129,800

Monthly mortgage payment 2,250.58

Utilities 347.48

Total monthly carrying costs 2,598.06

Revenue from existing rents 3,250.00

Residual monthly income 651.94

ABOUT THE NEIGHBOURHOOD

Leslieville still feels very much like a small village. It's cozy houses, quaint stores, and tree lined streets, seem surprisingly serene and peaceful considering Leslieville's close proximity to downtown Toronto.

Leslieville's main shopping district runs along historic Queen Street. Most of these stores are small independently owned shops that cater to the specific needs of the local residents.

The area on Gerrard Street East between Greenwood Avenue and Coxwell Avenue is known as the ïIndia Bazaar'. This is the commercial centre of Toronto's East Indian community. The smell of incense and the sound of music provide an exotic backdrop to the shops on this street.

The clothing stores sell imported silk fabrics, and the restaurant vendors barbecue spicy corn on the cob out on the sidewalk.

Greenwood Park has three baseball diamonds, an artificial ice rink, a pool, and a playground. The Jonathan Ashbridge Park on the south side of Queen Street features two tennis courts, a children's playground, and a wading pool.

The S.H. Armstrong Community Recreation Centre on Woodfield Road, has a gymnasium, an indoor pool, a fitness room, a craft room and meeting rooms.

The Gerrard/Ashdale Public Library has a wide variety of programs for children, adults and seniors.

Leslieville is well served by the public transit system which operates bus or streetcar routes on Carlaw, Jones, Greenwood, Coxwell, and Eastern Avenues, as well as Queen and Gerrard Streets. Most of these bus routes link up with stations on the Bloor-Danforth subway line.

Motorists can be downtown in minutes. Lake Shore Boulevard, the Gardiner Expressway and the Don Valley Parkway are also close by.