88 Colgate Ave 420
South Riverdale, Toronto, M4M 0A6
FOR SALE
$985,000
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BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSE11896056
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Property Description
This luscious Leslieville loft will make you swoon. Upon entering, the red brick feature wall commands attention, and the nifty fireplace smartly divides the main living space into a distinct dining area plus optional office nook. Whether you showcase a piece of statement art or a TV above the mantel, this centerpiece warms the room & sets a modern aesthetic tone that pays homage to the hood's industrial roots. The kitchen is where your inner chef meets inner host; black high-gloss cabinets, new stainless steel appliances (incl. a gas range), & white quartz counters make it a sleek culinary masterpiece. The main living area is as versatile as it is spacious, easily accommodating a large sectional, dining table, plus a work-from-home setup. New flooring & fresh paint create a clean, cohesive vibe. Stepping outside to the stone-tiled balcony, southwest views are framed by a backdrop of the skyline and CN Tower. Large enough to wine/dine friends or simply unwind solo, its a pleasing outdoor space that feels like an extension of the loft itself. Retreating to the primary bedroom, luxury takes center stage, with his-and-hers walk-through closets, a 4-piece ensuite with a soaker, + space for a king bed and another WFH station. The 2nd bedroom, also impressive, fits a queen and offers direct access to the balcony. This boutique building is a standout, boasting just 7 floors and a sense of exclusivity. Enjoy ample guest parking, private courtyard with BBQs, well-equipped gym, & a superb 24/7 concierge team. Location? Near perfection. With a Walk Score of 98, Transit Score of 89, and Bike Score of 96, you're at the centre of it all. Two upcoming Ontario Line stops, the Carlaw 72 bus to Pape Station, the 24-hour Queen streetcar, & quick access to the DVP and Gardiner make getting around effortless. A bike share station and John Chang Park are outside your door, while Morse Street PS is just two blocks away. This loft is not just a place to live - it is where you'll thrive.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-11-20 | 2024-12-18 | 28 | $995,000 | - | Terminated |
Extras
2 bedrooms, 2 baths, parking, locker and a terrace. Check, check, check! And, weekend frolicking is a delight with all of the gastronic and fashion finding saloons and parlors of Leslieville and Riverside at your doorstep.
Nearby Intersections
Queen & Carlaw (18)
Property Features
Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,820 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (B51)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.43' x 17.06' | Fireplace, W/O To Terrace, Combined W/Dining |
| Dining | Main | 10.43' x 17.06' | Combined W/Living |
| Kitchen | Main | 8.27' x 8.43' | Stone Counter, Breakfast Bar |
| Prim Bdrm | Main | 10.47' x 16.37' | 4 Pc Ensuite, Double Closet |
| Br | Main | 8.73' x 11.38' | W/O To Terrace |
| Other | Main | 6.23' x 8.20' | Balcony |
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Toronto Market Statistics
Toronto Price Trend
88 Colgate Ave 420 is a 2-bedroom 2-bathroom condo listed for sale at $985,000, which is $225,516 (29.7%) higher than the average sold price of $759,484 in the last 30 days (December 5 - January 3). During the last 30 days the average sold price for a 2 bedroom condo in Toronto declined by $7,056 (0.9%) compared to the previous 30 day period (November 5 - December 4) and down $11,695 (1.5%) from the same time one year ago.Inventory Change
There were 484 2-bedroom condos listed in Toronto over the last 30 days (December 5 - January 3), which is down 55.2% compared with the previous 30 day period (November 5 - December 4) and up 40.3% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Toronto typically sold ($18,770) (2.5%) below asking price over the last 30 days (December 5 - January 3), which represents a $888 decrease compared to the previous 30 day period (November 5 - December 4) and ($24,761) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom condos in Toronto over the last 30 days (December 5 - January 3) stood at 60.3%, up from 52.6% over the previous 30 days (November 5 - December 4) and down from 84.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Toronto stood at 36 days when successfully sold over the last 30 days (December 5 - January 3), compared to 62 days before being removed from the market upon being suspended or terminated.Listing contracted with Real Estate Homeward
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