88 Colgate Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Loft condo apartment located in the coveted neighborhood of South Riverdale. Expertly crafted featuring premium brick and concrete construction, this residence presents an exceptional opportunity offered at $950,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 2 Bathrooms
- Generous living space spanning 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Water Heater Owned
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to Showcase Lofts at 88 Colgate Ave, a true Leslieville gem! If you know, you know. This never-rented two-bedroom, two-bathroom suite has been lovingly maintained by its original owner and is now ready for its next chapter. Thoughtfully updated, this spacious 847 sq. ft. residence features brand-new engineered flooring and fresh paint, complementing its airy, open layout. A striking exposed brick feature wall adds warmth and character, while the primary suite offers a walk-through closet leading to a four-piece ensuite. The second bedroom enjoys its own private balcony access, creating a bright and inviting retreat.Nestled in the heart of Leslieville, one of the city's most dynamic neighborhoods, you're steps from acclaimed restaurants, independent boutiques, and charming cafes.This pet-friendly building fosters a true sense of community, offering residents access to an exclusive resident group and in-building furniture exchange. Top-tier amenities include 24/7 concierge service, a fully-equipped gym, and a stylish party/media room that extends onto a beautifully landscaped courtyard with a BBQ area, perfect for summer gatherings.Commuting is effortless with easy access to the Carlaw 72 bus, the 24-hour Queen streetcar, and quick connections to the DVP and Gardiner Expressway. This residence also includes underground parking and a storage locker for ultimate convenience.Experience the best of urban living at 88 Colgate Ave.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 88 Colgate Avenue 519, Toronto E01, ON M4M 0A6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $950,000 in Toronto, the legal minimum down payment is $70,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $15,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $15,475 also applies, bringing the total estimated land transfer taxes to $30,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
