$419,000

For sale

#533 88 Colgate Avenue, Toronto (South Riverdale) - Single Family for Sale

#533 88 Colgate Avenue, Toronto (South Riverdale), Ontario, M4M0A6

1 bed1 bath0 parking250 ft²$359/mo condo feeListed 16 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $419,000, it is attractively priced about 36% below the $649,999 median asking price in Toronto. It has been on the market 16 days, fresher than the Toronto average of 49 days.

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Description

This sophisticated 1-bedroom loft at the coveted Showcase Lofts showcases a refined blend of timeless character and modern luxury. A dramatic reclaimed brick feature wall makes an unforgettable first impression, setting the tone for a thoughtfully designed living space. The beautifully appointed kitchen features quartz countertops, a 5-burner gas range, and an oversized sink-ideal for both elevated everyday living and effortless entertaining. Soaring 9-foot ceilings, rich hardwood floors throughout, and a spacious bedroom enhance the sense of openness and light, while the functional layout maximizes every square foot. Perfectly positioned in the heart of Leslieville, enjoy immediate access to the 24-hour Queen streetcar, curated boutiques, cafes, and acclaimed restaurants, with downtown just minutes away. Some photos have been AI/Virtually staged (id:66096)

Property Details

MLS®: E14102146
Property Type: Single Family
Zoning: Residential
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 250 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Underground, No Garage
Condo Fee: $359/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $2,148/yr
Listed: 16 days ago

Rooms

Flat

Bedroom: 3.65 x 2.65 meters
Dining room: 4.54 x 3.21 meters
Living room: 4.54 x 3.21 meters
Kitchen: 4.54 x 3.21 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Gas stove(s), Dishwasher, Dryer, Microwave, Window Coverings
Flooring: Hardwood
Exterior: Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

16d

Toronto (South Riverdale) listings, avg age

49d

Price / ft²

$1,679

List price

$419K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 1-bed single family in Toronto (South Riverdale) has been listed for 16 days, which is 33 days fresher than the city average of 49. Act while there is still low competition.

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Listed by SAGE REAL ESTATE LIMITED · CHRISTIAN MATTHEWS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M4M)

This home lists at $419,000, about 4.2× the local median household income of $99,000.

Carrying it typically needs a household income of about $81,845 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $99,000
Population: 25,052
Median age: 38.8
Owner / renter: 56% / 44%
Avg. household size: 2.2

Source: Statistics Canada, 2021 Census (FSA M4M)

$419,000· $1,679/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $20,950

Min 5%50%

Mortgage payment$2,207/mo

↳ CMHC premium ($15,922 capitalized)

Property tax (est.)$179/mo

Condo fee$359/mo

Total monthly$2,745

Cash Needed to Close

Down payment (5%)$20,950

Land transfer tax$9,710

Est. closing costs$3,757

Total cash needed$34,417

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