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    For SaleAbode Lofts
    $799,000
    2 Beds
    2 Bath
    1 Parking
    900 - 999 SQFT
    9 Days on Strata
    Est Sell Timeframe
    5 Days

    Listing History

    Unit Highlights

    Property Type:
    Soft Loft
    Maintenance Fees:
    $1,026/mth
    Taxes:
    $3,841 (2024)
    Cost Per Sqft:
    $800 - $888/sqft
    Locker:
    Owned
    Outdoor Space:
    Terrace
    Exposure:
    North
    Possession Date:
    October 16, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Heat Pump

    Room Dimensions

    Living
    Laminate, Combined with Dining, Walkout To Balcony
    23.66 x 14.17ft
    Dining
    Laminate, Combined with Kitchen, Walkout To Balcony
    23.66 x 14.17ft
    Kitchen
    Laminate, Combined with Dining
    23.66 x 14.17ft

    About this Listing

    Rarely available! One of the most sought after lofts in the GTA. Only 15 luxury units nestled into the heart of the South Riverdale/Leslieville neighbourhood. This pristine, newly renovated corner unit is a light filled loft-style condo. Boasting two spacious bedrooms and two modern bathrooms, the unit features fresh floors, counters, paint, lighting, and new on-demand hot water system to ensure a seamless blend of comfort and style. The heart of this home is the gourmet kitchen equipped with a gas range and a sleek quartz island, flowing effortlessly into a living--dining area highlighted by 10-foot ceilings and expansive windows. Step out onto your private terrace (yes you can bar b que) to enjoy breathtaking views of John Chang Park, perfect for entertaining or a serene evening alone. Designed by the renowned George Popper and part of a LEED-certified green development, this home marries eco-conscious living with luxury. Situated in one of the citys most desirable neighborhoods with a walk score of 98, you are just steps away from the best amenities the city has to offer.

    ExtrasAll elfs and appliances, including SS fridge, gas range, microwave/range hood, dishwasher, washer/dryer. 1 Parking spot - 11, Locker, - 22, Locker dimensions 3x6. HWT 49.99/month, HVAC rental is 54.11/month

    keller williams referred urban realtyMLS® #E9311069


    Amenities

    BBQ
    Bike Storage
    Visitor Parking

    Explore Neighbourhood

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    The bike lane starts to feel like a second home.

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    50,260
    Average Individual Income
    $66,175
    Average Household Size
    3 persons
    Average Age
    43
    Average Household Income
    $114,795
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    12%
    15 - 19
    1%
    20 - 34
    20%
    35 - 49
    18%
    50 - 64
    23%
    65+
    22%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    24%
    $60,000+
    12%
    $90,000+
    7%
    $125,000+
    4%
    Housing Types & Tenancy
    Detached
    50%
    Semi Detached
    22%
    High Rise Apartment
    10%
    Low Rise Apartment
    8%
    Duplex
    7%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    56%
    Cantonese
    14%
    Mandarin
    14%
    Other
    11%
    Tamil
    3%
    Tagalog
    2%
    Education
    University and Above
    32%
    High School
    26%
    None
    18%
    College
    15%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%

    Days on Strata

    Units at Abode Lofts spend an average of
    12
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these lofts sell for
    4%
    below
    the list price.

    Offer Competition

    Lofts in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Leslieville | South Riverdale

    Turnover of Units

    On average, each unit is owned for
    6.2
    YEARS before being sold again

    Property Value

    14%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 39 condos in the Leslieville | South Riverdale area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    0
    Units were Rented over the past twelve months

    Best Value Rank

    Abode Lofts offers the
    ?
    best value out of 39 condos in the Leslieville | South Riverdale neighbourhood

    Appreciation Rank

    Abode Lofts has the
    ?
    highest ROI out of 39 condos in the Leslieville | South Riverdale neighbourhood

    Rental Yield

    Abode Lofts yields the
    ?
    highest rent prices out of 39 condos in the Leslieville | South Riverdale neighbourhood

    High Demand

    Abode Lofts is the
    ?
    most popular building out of 39 condos in the Leslieville | South Riverdale neighbourhood

    Transaction Insights at 53 Colgate Avenue

    1 Bed2 Bed
    Price RangeNo Data$949,000
    Avg. Cost Per SqftNo Data$1,144
    Avg. Wait for Unit Availability422 Days346 Days
    Ratio of Units in Building29%72%

    Transactions vs Inventory

    Total number of units listed and sold in Leslieville | South Riverdale