
Unit 403, 53 Colgate Avenue
Toronto (South Riverdale), ON M4M 1N6
Abode Lofts4 storeys, 15 suites, built 2011- 1Bedroom
- 1Bathroom
- 0Parking
- 500–599Sq Ft
- $2,549Tax
- $692/moCondo Fee
- Estimated Value:$524,950See Free Estimate Report
Sale & Price History for Unit 403, 53 Colgate Avenue, Toronto, South Riverdale
| Start Date | End Date | Price | Event | MLS# |
|---|---|---|---|---|
| No listing history available | ||||
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About Unit 403, 53 Colgate Avenue, Toronto, South Riverdale
Summarized Description
- Rare penthouse in boutique building of 15 units
- Soaring 10-foot ceilings enhance spaciousness
- Open-concept layout with efficient floor plan
- Private terrace ideal for entertaining
- Minutes from shops, cafés, and parks
- Convenient access to public transit options
- Perfect for first-time buyers and investors
- Vibrant Leslieville location with a community feel
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!
Key Facts & Features
Property Costs
- Annual Property Tax Amount
- $2,549
- Land Transfer Tax Fee
- $12,146
Condo/Maintenance Fee
- Maintenance Fee
- $692 /month
Included In Maintenance Fee
- Common Elements Included
- Water Included
- Building Insurance Included
Rental Items
- Rental Equipment
- Hot Water Tank
- Under Contract
- Hot Water Heater
- Basement Type
- None
Interior Features
- Pets Permitted
- Yes-with Restrictions
- Laundry Features
- Ensuite
- Interior Extras
- Carpet Free, Countertop Range, Intercom
- View
- Park/Greenbelt
- Fireplace/Stove
- No
- Elevator
- Yes
Exterior Features
- Balcony
- Terrace
Building Amenities
- Visitor Parking
- Elevator
Building
- Building Type
- Condo Apartment
- Building Style
- Loft
- Building Name
- Abode Lofts
- Approx Age
- 11-15
- Condo Corp Number
- 2189
Construction
- Exposure
- North
- Exterior Finish
- Brick
- Special Designation
- Unknown
Inclusions
- Inclusions
- 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.
Exclusions
- Exclusions
- None
Parking & Garages
- Garage Type
- Attached
- Garage Spaces
- 0
- Parking Type
- None
- Parking Spaces
- 0
- Total Garage And Parking Spaces
- 0
Lockers
- Locker Type
- None
Heating & Cooling
- Heat Source
- Gas
- Heat Type
- Forced Air
- Air Conditioning
- Central Air
- Bedrooms
- 1
- Washrooms
- 1
- Kitchens
- 1
Room sizes
- Dining Room—Main level, Combined w/Living, Open Concept
- Kitchen—Main level, Stainless Steel Appl, W/O To Balcony, Combined w/Living
- Bedroom—Main level, Double Closet, Sliding Doors
- Den—Main level
- Bathroom—Main level, Tile Floor, 4 Pc Bath
- Living Room—Main level, W/O To Balcony, Combined w/Dining, Open Concept
Washrooms
- 4-piece, Main
- Municipality
- Toronto
- Neighbourhood
- South Riverdale
- Main cross streets
- Queen and Carlaw
- Directions
- No
- MLS® number
- E14004332
- Data source
- Toronto Regional Real Estate Board
- Listed on
- 2026-10-13
- Updated on
- 2026-10-13
- Days on market
- 2 days
- Possession date
- 2026-11-01
- Possession type
- Immediate
- Co-op commission
- 2.5% + hst
- Seller
- Listed by
- KELLER WILLIAMS ADVANTAGE REALTY
Home Market Value
Current home valuation for Unit 403, 53 Colgate Avenue, Toronto, South Riverdale, Toronto, ON. Listed for $479,900
HOMEH Estimate
$524,950
Estimated Sales Range
$447,589 - $641,913
HOMEH Estimate for Unit 403, 53 Colgate Avenue, Toronto, South Riverdale
Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.
Mortgage Payment Calculator
Compare up to 4 down payment scenarios
5% of purchase price for homes $500K or less
$23,995
| Scenario 1 | Scenario 2 | Scenario 3 | Scenario 4 | |
|---|---|---|---|---|
−Down payment | % $ | % $ | % $ | % $ |
+CMHC insurance | $18,236 | $13,389 | $11,422 | $0 |
=Total mortgage | $474,141 | $445,299 | $419,337 | $383,920 |
Amortization | ||||
Mortgage rate | % | % | % | % |
| Payment frequency | ||||
=Mortgage payment | $2,315monthly | $2,174monthly | $2,047monthly | $1,874monthly |
Land Transfer Tax
$6,073
$6,073
$12,146
Around this home
Data provided by OpenStreetMap & Fraser Institute School Rankings
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