88 Colgate Avenue Unit 435, Toronto E01

Price: $619,000

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: E13672158

The Chef's Kitchen, the Brick and the Walk-In. There's a lot to love about life at 88 Colgate. Starting with a one-bedroom condo that doesn't feel like one. A proper kitchen with gas range and peninsula, exposed brick feature wall and actual space to cook, entertain and settle in. The massive primary bedroom has floor-to-ceiling windows, a walkout to your private balcony, semi-ensuite bathroom and a WALK-IN closet so big the current owner compares it to the wardrobe to Narnia. Your courtyard-facing balcony comes with quintessentially Leslieville views overlooking the Wrigley and iZone lofts, and a pretty great spot for morning coffee or an end-of-day glass of wine. Leave your car in the included parking spot because Queen St, Jimmie Simpson, Blackbird, Ed's Real Scoop and some of the east end's best restaurants, bars and shops are all right outside your door. And when you do need to leave the neighbourhood, the TTC is an easy walk away. Big closet. Proper kitchen. Private balcony. Parking. Leslieville. Turns out, you can have it all in a one-bedroom.

88 Colgate Avenue Unit 435 - Condo photo 1 of 32 in Riverdale / Leslieville, Ontario
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$619,000 - 88 Colgate Avenue Unit 435, Leslieville

Condo for Sale in Leslieville

Popular Listing

Neighbourhood: South Riverdale

1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
E13672158
Property Type
Condo
Status
active
Days on Site
10
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Riverdale / Leslieville
Locker
Owned
Exposure
North East
Balcony
Open
Listing Brokerage
SAGE REAL ESTATE LIMITED
Description

The Chef's Kitchen, the Brick and the Walk-In. There's a lot to love about life at 88 Colgate. Starting with a one-bedroom condo that doesn't feel like one. A proper kitchen with gas range and peninsula, exposed brick feature wall and actual space to cook, entertain and settle in. The massive primary bedroom has floor-to-ceiling windows, a walkout to your private balcony, semi-ensuite bathroom and a WALK-IN closet so big the current owner compares it to the wardrobe to Narnia. Your courtyard-facing balcony comes with quintessentially Leslieville views overlooking the Wrigley and iZone lofts, and a pretty great spot for morning coffee or an end-of-day glass of wine. Leave your car in the included parking spot because Queen St, Jimmie Simpson, Blackbird, Ed's Real Scoop and some of the east end's best restaurants, bars and shops are all right outside your door. And when you do need to leave the neighbourhood, the TTC is an easy walk away. Big closet. Proper kitchen. Private balcony. Parking. Leslieville. Turns out, you can have it all in a one-bedroom.

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 435, 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)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$438
Insurance (est.)-$129
Net Cash Flow+$843

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

Fair Market Value

At $1032/sqft, this property is priced in line with current Leslieville market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

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 600 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.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    88 Colgate Avenue Unit 435 | $619,000 | Battaglia Team