$844,900 will buy you this two bedroom, two bathroom suite on Toronto's east side. Located in the Printers Row Lofts at 525 Logan Avenue, the three-storey unit (yes, it's three storeys!), is the ideal pad for a hip professional or couple seeking a quiet residential space instead of a soaring glass high-rise.

Originally the headquarters of Bell Telephone and later a printing factory, the loft conversion by Bob Mitchell is a contemporary building plunked down in the middle of a residential street. Surrounded by semi-detached houses, the lofts are trendy and a refreshing change in this Riverdale neighbourhood, close to Withrow Park and just south of the Danforth.

The south-facing unit features an open living room, a modern galley kitchen, drenched in 50 shades of grey and stainless steel appliances. The second floor is the mezzanine office/den/love nest overlooking the main floor, a second bedroom and a third floor master with a rooftop deck.

Although the maintenance is lower than most condos at $686/month, watch for hidden fees in a smaller building. With only 12 units, if anything goes wrong, there's a shared responsibility for covering costs and repairs. Still, this chic pad offers more pros than cons. Check out the photos below and see if you agree.

SPECS

• Address: #205 - 525 Logan Avenue
• Price: $844,900
• Square feet: 1,400
• Bedrooms: 2+1
• Bathrooms: 2
• Parking: 1
• Taxes: $4,721.25
• Maintenance fee: $686/monthly
• Walk Score: 93

NOTABLE FEATURES

• Three-storey loft
• 15 foot windows
• Soaring ceilings
• Third floor master and walkout
• Gas hookup for BBQ
• Security system
• Storage locker

GOOD FOR

A large space for under a million. This unit is bigger and cheaper than most row houses more centrally located, and includes a rooftop deck, storage locker and one underground parking spot.

MOVE ON IF

There's no elevator. While only two flights of stairs, it might feel like an uphill battle if you're carrying groceries or just had a long day at work. It's not ideal for young families, even if lugging a stroller or a spirited toddler will burn a few calories.

ADDITIONAL PHOTOS

Would you buy this condo? Let us know in the comments.