$479,900
Est. payment $2,125/moCalculate yours
53 Colgate Avenue 403, Toronto, ON M4M 1N6
South Riverdale, Toronto, ON M4M 1N6
- 1 Beds
- 1 Baths
- 500 Sq Ft
Listing courtesy of KELLER WILLIAMS ADVANTAGE REALTY MLS® E14004332
About this home
A Rare Find! Penthouse at Abode Lofts, a boutique building of only 15 units, offering privacy and quiet in the heart of Leslieville, one of Toronto’s most vibrant and evolving east-end neighbourhoods. On a tree-lined street set amongst single-family homes, this one-bedroom suite sits on the top floor of a four-storey building and features soaring 10-foot ceilings and a bright, open-concept layout. The efficient floor plan makes the most of every square foot, with room for a home workspace. The kitchen includes four stainless steel appliances, granite countertops, and ample cabinet space. Step out onto the approximately 100 sq ft terrace, overlooking the neighbourhood park. BBQs are allowed, making it great for entertaining and relaxing. Step across the street to enjoy the park benches, picnic table, and small play area for the little ones. Everyday essentials are just minutes away on foot, along with a variety of highly rated shops, cafés, restaurants, and theatres. Staying active is convenient, with multiple fitness studios and Jimmie Simpson Park and Recreation Centre at the end of the block. There’s no need for a car, as several TTC stops and the future Ontario Line station are within a 5-minute walk, and a Bike Share Toronto station is right outside the front door. This rarely offered unit is a great fit for first-time buyers, downsizers, and investors, and a perfect pied-à-terre for anyone wanting a low-maintenance home base in a prime location. A city location with a neighbourhood feel, the best of both worlds. This is boutique living at its best!
Property details
Overview
- Property Type
- Condo Apartment
- Style
- Loft
- For
- For Sale
- Status
- New
- Approximate Age
- 11-15
- Size
- 500 sqft
Interior
- Bedrooms
- 1
- Bathrooms
- 1
- Kitchens
- 1
- Basement
- None
Building & Systems
- Heating
- Forced Air (Gas)
- Cooling
- Central Air
- Exterior
- Brick
Lot & Parking
- Parking
- Attached garage
Financial
- Property Taxes
- $2,549 (2025)
- Condo Fee
- $692/mo
- Fee Includes
- Common Elements Included, Water Included, Building Insurance Included
- Pets
- Yes-with Restrictions
Location
- Neighbourhood
- South Riverdale
- Cross Street
- Queen and Carlaw
Listing
- MLS® Number
- E14004332
- Days on Market
- 5
- Listed On
- 2026-10-13
- Possession
- T-90
- Listed By
- KELLER WILLIAMS ADVANTAGE REALTY
Rooms
Features
Interior
- Carpet Free
- Countertop Range
- Intercom
Property
- Library
- Park
- Public Transit
- School
- Rec./Commun.Centre
Amenities
- Visitor Parking
- Elevator
- Included
- Stainless Steel Fridge, Electric Stove, Dishwasher, Microwave and Hood Range. Washer,Dryer, New AC Unit (2025), New Water Tank (2025). All Electric Light Fixtures. Visitors Parking available.
- Excluded
- None
- Rental items
- Hot Water Tank
Mortgage calculator
Estimated mortgage payment
$2,125 per month
- Principal and interest
- $2,125
- Property tax
- $212
- Condo fees
- $692
- Estimated monthly cost
- $3,030
Your mortgage
- Mortgage amount
- $383,920
- Mortgage insurance
- Not needed
- Interest over 25 years
- $253,548
Cash to close
- Down payment
- $95,980
- Land transfer tax (Ontario + Toronto)
- $12,146
- First-time buyer refund
- $0
- Sales tax on insurance (8%)
- $0
- Total, before legal fees
- $108,126
With less than 20% down, a 30-year amortization is available to first-time buyers and buyers of newly built homes.
Talk to me about financingEstimates only, not a mortgage offer or financial advice. Uses the Canadian fixed-rate convention (interest compounded twice a year), 2026 mortgage insurance premiums and Ontario land transfer tax. Your lender will confirm your actual rate and payment.
Location
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