88 Colgate Avenue Unit 402, Toronto E01

Price: $619,000

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: E13508466

Colgate, Courtyards & Chimney Swifts. Suite 402 at 88 Colgate is proof that you don't have to choose between a great location and a quiet retreat. Set into the building's north courtyard, this one-bedroom looks past the treeline to the historic smokestacks next door (yes, the chimney swifts come with the view) and glimpses of the Riverdale rooftops beyond. Enough sky to catch a proper sunset, enough green to forget you're in the city.This isn't your typical one-bedroom. Custom closets throughout add real storage where most units come up short, and recent upgrades mean the big-ticket items are already done: new washer and dryer (2026), new fridge (2025), and updated lighting in the kitchen, bathroom, and entryway (2026), plus a new Ecobee thermostat and light fixtures.The chef's kitchen delivers on both form and function, with a gas range, quartz countertops, full-sized appliances, and smart storage. The open living space flows beautifully, with exposed brick, natural light, and room to host or unwind. Comfortably fitting a king, the large primary bedroom offers a real retreat with a view of its own. The private balcony, just off the living space, works overtime as your warm-weather living room.Parking and a locker are included. The building itself is one of Leslieville's favourites, with a 24/7 concierge, ground-level gym, and party room, all a short walk to Ricky and Olivia, Masa's Deli, Mercury Espresso, and Petite Thuet, plus transit that puts downtown and the Danforth within easy reach.This is Leslieville at its best - private, polished, and ready for you to move in.

88 Colgate Avenue Unit 402 - Condo photo 1 of 3 in Riverdale / Leslieville, Ontario
88 Colgate Avenue Unit 402 - Condo photo 2 of 3 in Riverdale / Leslieville, Ontario
88 Colgate Avenue Unit 402 - Condo photo 3 of 3 in Riverdale / Leslieville, Ontario
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New Listing
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$619,000 - 88 Colgate Avenue Unit 402, Leslieville

Condo for Sale in Leslieville

New — Listed 6 days ago

Neighbourhood: South Riverdale

1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
E13508466
Property Type
Condo
Status
active
Days on Site
6
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Riverdale / Leslieville
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
SAGE REAL ESTATE LIMITED
Description

Colgate, Courtyards & Chimney Swifts. Suite 402 at 88 Colgate is proof that you don't have to choose between a great location and a quiet retreat. Set into the building's north courtyard, this one-bedroom looks past the treeline to the historic smokestacks next door (yes, the chimney swifts come with the view) and glimpses of the Riverdale rooftops beyond. Enough sky to catch a proper sunset, enough green to forget you're in the city.This isn't your typical one-bedroom. Custom closets throughout add real storage where most units come up short, and recent upgrades mean the big-ticket items are already done: new washer and dryer (2026), new fridge (2025), and updated lighting in the kitchen, bathroom, and entryway (2026), plus a new Ecobee thermostat and light fixtures.The chef's kitchen delivers on both form and function, with a gas range, quartz countertops, full-sized appliances, and smart storage. The open living space flows beautifully, with exposed brick, natural light, and room to host or unwind. Comfortably fitting a king, the large primary bedroom offers a real retreat with a view of its own. The private balcony, just off the living space, works overtime as your warm-weather living room.Parking and a locker are included. The building itself is one of Leslieville's favourites, with a 24/7 concierge, ground-level gym, and party room, all a short walk to Ricky and Olivia, Masa's Deli, Mercury Espresso, and Petite Thuet, plus transit that puts downtown and the Danforth within easy reach.This is Leslieville at its best - private, polished, and ready for you to move in.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,175.79/mo

Includes CMHC insurance ($17,270)

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5-yr fixed avg.

Principal: $557,100Interest: $378,367
Mortgage Amount$574,370
Total Interest$378,367
Est. Property Tax$438/mo
Total Cost$952,737

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: South Riverdale

Discover South Riverdale

South Riverdale is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in South Riverdale

  • Convenient location in Riverdale / Leslieville
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

South Riverdale offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

88 Colgate Avenue Unit 402, Riverdale / Leslieville

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
1.8%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$438
Insurance (est.)-$129
Net Cash Flow+$908

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1238/sqft, this property is priced above the Leslieville average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Just Listed - Act Strategically

This property hit the market within the last week. In Leslieville's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

About South Riverdale

I know South Riverdale well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.

Investment Perspective

Looking at this as an investment: Leslieville properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,579 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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    88 Colgate Avenue Unit 402 | $619,000 | Battaglia Team