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 and concrete construction, this residence presents an exceptional opportunity offered at $619,000 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 600-699 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient fan coil heating via other
Description
Not your typical 1-bedroom. Prime Leslieville location. This standout unit at Showcase Lofts delivers a rare combination of features, starting with a wider-than-average layout that offers a more functional, comfortable living space-ideal for entertaining, dining, or working from home. Modern finishes blend seamlessly with authentic loft character, including 9-ft smooth ceilings, engineered hardwood flooring, and a reclaimed brick feature wall that adds warmth and texture. The kitchen is both stylish and practical, featuring quartz countertops, stainless steel appliances, under-cabinet lighting, built-in wine rack, oversized under-mount sink, breakfast bar, and a gas stove-a true rarity.The bedroom is equally impressive with a walk-in closet, floor-to-ceiling windows, custom blinds, and a double walk-out to a large northwest-facing balcony overlooking the landscaped courtyard-quiet, private, and highly usable.Includes parking and locker.Well-managed building with full amenities: concierge, gym, party room, theatre/media room, guest suites, BBQ area, and visitor parking.Steps to Queen East's cafés, restaurants, and boutiques, with easy access to transit and the DVP. A rare opportunity for buyers seeking more than the standard layout.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 88 Colgate Avenue 407, 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 $619,000 in Toronto, the legal minimum down payment is $36,900 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 $8,855 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,855 also applies, bringing the total estimated land transfer taxes to $17,710.
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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.
