88 Colgate Avenue, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of South Riverdale. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $660,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 500-599 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to penthouse living at Showcase Lofts in the heart of vibrant Leslieville. This beautifully updated 1-bedroom, 1-bathroom suite offers a perfect blend of loft-style character and modern comfort, featuring eco-engineered, hardwood flooring throughout and a striking exposed brick feature wall that adds warmth and personality. The chef's kitchen is designed to impress, featuring a gas stove, oversized stainless steel undermount sink, and a large breakfast bar-perfect for cooking and entertaining. Ample kitchen cabinet space and storage throughout ensures that everything has it's place, while the spacious bedroom boasts floor-to-ceiling windows that fill the space with natural light. Located on the penthouse level, this unique suite also features a rare skylight and unobstructed west-facing views of the city skyline, creating a bright and airy living environment throughout the day. The open living room offers the perfect place to relax at the end of the day, entertain friends for dinner with room for a dining table, or have room to work from home. This condo includes a parking space, locker, and bike storage - an exceptional bonus for city living. Residents of Showcase Lofts enjoy fantastic amenities, including a large fitness centre, party room, BBQ area with outdoor space, guest suite, concierge service, and guest parking. Perfectly situated in the centre of Leslieville, you're just steps from incredible restaurants, local cafés, boutique shops, and the TTC, with easy access to the DVP for a quick commute. Experience the best of loft living in one of Toronto's most sought-after neighbourhoods.
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Pricing & Value Insights
Data-driven valuation for 88 Colgate Avenue PH28, 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 $660,000 in Toronto, the legal minimum down payment is $41,000 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 $9,675 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,675 also applies, bringing the total estimated land transfer taxes to $19,350.
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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.