511 - 88 Colgate Avenue

Introducing a remarkable opportunity to own a stunning loft apartment at 88 Colgate Avenue W, Toronto. This condo for sale in Toronto is a first-time home buyer's dream, offering a perfect blend of modern living and charming features. Nestled in the desirable South Riverdale community, this property boasts an enviable location with easy access to the vibrant amenities of the city.

As you step into this delightful one-bedroom condo, you will immediately appreciate the sun-drenched atmosphere created by the generous windows that provide lovely south-west views from the balcony. The open layout of this condo for sale in Toronto is enhanced by the impressive 9-foot ceilings, which contribute to a spacious and airy feel throughout the living area. The reclaimed brick feature wall adds a touch of character and warmth, making this loft apartment truly unique.

The living space is complemented by engineered hardwood flooring, which not only enhances the aesthetic appeal but also ensures durability and ease of maintenance. The galley kitchen is a highlight of this property, featuring granite countertops and stainless steel appliances, perfect for those who enjoy cooking and entertaining. Although the kitchen is flat and does not include an additional kitchen, it is well-designed and functional for everyday use.

This condo for sale in Toronto comprises a total of four rooms, including a well-appointed bedroom and a modern bathroom. The bathroom is thoughtfully designed to meet all your needs, providing a comfortable and stylish space. However, it is important to note that there is no den or additional rooms, ensuring that the layout remains simple and efficient.

For your comfort, the apartment is equipped with central air conditioning, allowing you to stay cool during the warmer months. The heating system is forced air, providing a reliable source of warmth during the colder seasons. While this property does not feature a fireplace, the overall design and layout create a cosy atmosphere that is perfect for unwinding after a long day.

One of the notable aspects of this condo for sale in Toronto is that it is unfurnished, allowing you the freedom to personalise the space according to your own taste and style. You can easily transform this loft apartment into a reflection of your personality, making it a true home.

In terms of additional amenities, it is worth mentioning that there is no pool, no family room, and no central vacuum system in this property. However, the convenience of having internet access ensures that you can stay connected and enjoy all the benefits of modern living. The absence of a basement and additional land means that maintenance is kept to a minimum, allowing you to focus on enjoying your new home.

Parking is not an issue, as this condo includes an underground garage, although there is no designated parking space available. This is a fantastic feature for those who may have a vehicle, providing peace of mind and security.

In summary, this exceptional condo for sale in Toronto at 88 Colgate Avenue W, Toronto, offers a unique opportunity for first-time buyers looking for a stylish and comfortable living space. With its prime location in South Riverdale, modern features, and charming loft style, this property is sure to impress. Don’t miss out on the chance to make this sun-drenched apartment your new home. Whether you are looking to invest or settle down, this condo for sale in Toronto is a perfect choice for anyone seeking a vibrant urban lifestyle.

South Riverdale, nestled in the vibrant city of Toronto, is a charming and eclectic neighbourhood that seamlessly blends urban living with a strong sense of local identity. Known for its picturesque streets lined with historic homes, the area boasts a diverse mix of cultures, reflected in its myriad of cafes, restaurants, and independent shops. The lush greenery of parks such as Withrow Park offers a welcome respite from city life, while the nearby Don River provides scenic walking and cycling trails. With excellent public transport links and a lively arts scene, South Riverdale presents an inviting atmosphere for those seeking a dynamic yet community-oriented urban experience.

Schools in the Neighbourhood

This property is conveniently located near several reputable schools, making it an ideal choice for families. The closest is Morse Street Junior Public School, just 0.3 km away, which offers grades JK to 6 and has a solid school rating of 7.1. Bruce Public School, located 0.7 km from the property, serves grades JK to 8 and has a rating of 5.3. For secondary education, Monarch Park Collegiate Institute is 2.4 km away and boasts an impressive rating of 8.3, catering to grades 9 to 12. Additionally, Duke of Connaught Junior and Senior Public School, 1.6 km away, offers French language instruction for grades JK to 8 with a rating of 5.8. St. Joseph Catholic School, a Catholic institution 0.9 km from the property, provides education from JK to 8 and has a rating of 6.6. St. Patrick Catholic Secondary School is 2.1 km away for older students, rated at 6.9. Lastly, Holy Name Catholic School, which teaches in French for grades JK to 3, is 1.7 km from the property with a rating of 7.3. Overall, this area offers a diverse range of educational options for children of all ages.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a vibrant community with a population of 1,290 residents. The average household size is two, indicating a mix of singles and families, with 44.25% of the population being single and 37.5% of households having children. The average age of residents is 39.7 years, suggesting a mature demographic. Financially, the area boasts an impressive average household income of $152,000, with only 6.2% of the population classified as low-income. The average property price stands at $1,236,000, reflecting the area's desirability. A significant portion of the community, 26.32%, are immigrants, contributing to its cultural diversity. Renters comprise 37.04% of the population, and nearly half of the housing is in the form of condominiums (48.89%). Education levels are notably high, with 78.97% of residents holding a college or university degree. However, 15.45% of the population is not in the labor force, indicating potential opportunities for economic growth. Overall, this area presents a dynamic blend of demographics, making it an attractive location for potential homeowners and investors alike.