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403 - 53 COLGATE AVENUE, Toronto (South Riverdale) — listed at $479,900. Earn buyer cashback at closing. No catches, just more money in your pocket.
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! (id:60164)
| Room | Level | Dimensions |
|---|---|---|
| Living room | Main level | 4.39 x 4.01 meters |
| Dining room | Main level | 4.39 x 4.01 meters |
| Kitchen | Main level | 4.22 x 1.65 meters |
| Bedroom | Main level | 3.05 x 2.74 meters |
| Den | Main level | 3.96 x 1.57 meters |
| Bathroom | Main level | 2.49 x 1.52 meters |
What's the parking situation?+
This property includes 0 spaces — Attached Garage, Garage, Covered.
Is there air conditioning?+
Yes — central air conditioning cooling is in place.
What are the ongoing costs beyond the mortgage?+
Budget for annual property taxes of $2,548.82, a condo/maintenance fee of $692.44/mo, heating is forced air, natural gas. Always verify the latest figures with your agent before making an offer — these change yearly.
Is this a good starter home?+
At $479,900, this is priced in starter-home territory for Toronto (South Riverdale). Factor in condo fees when calculating your true monthly cost.
Who is 403 - 53 COLGATE AVENUE best suited for?+
With 1 bedroom and 1 bathroom, this is ideal for a couple, a small family, or as a low-maintenance investment property.
Does it have a basement, and is it finished?+
The listing describes the basement as: None. Confirm the finishing status during a showing — it affects both livable space and resale value.
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