403 53 Colgate Avenue in Toronto: South Riverdale Condo Apartment for sale (Toronto E01) : MLS®# E14004332
Looking to own a stylish and spacious lofts for sale in Toronto? These unique homes offer an unbeatable mix of charm, character, and modern design—perfect for buyers seeking something different from traditional condos. Whether you’re an investor, creative professional, or first-time buyer, Toronto’s vibrant loft market has something for you.
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!
Under Contract:
Hot Water Heater
Property Type:
Residential Condo & Other
Property Sub Type:
Condo Apartment
Home Style:
Loft
Approx. Age:
11-15
Total Approx Floor Area:
500-599
Exposure:
North
Bedrooms:
1
Bathrooms:
1.0
Kitchens:
1
Bedrooms Above Grade:
1
Kitchens Above Grade:
1
Rooms Above Grade:
4
Heating type:
Forced Air
Heating Fuel:
Gas
Storey:
4
Balcony:
Terrace
Basement:
None
Fireplace/Stove:
No
Garage:
Attached
Garage Spaces:
0.0
Parking Features:
Surface, Covered, Reserved/Assigned
Parking Type:
None
Parking Spaces:
0
Total Parking Spaces:
0.0
Locker:
None
Family Room:
No
Possession Details:
T-90
HST Applicable To Sale Price:
Not Subject to HST
Maintenance Fee:
$692.44
Maintenance fees include:
Common Elements Included, Water Included, Building Insurance Included
Assessment Year:
2025
Taxes:
$2,548.82 /
2025
Assessment:
$- /
2025
Toronto
Toronto E01
South Riverdale
Library, Park, Public Transit, School, Rec./Commun.Centre
Carpet Free, Countertop Range, Intercom
Yes-with Restrictions
Hot Water Tank
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.
None
Water Heater
Brick
Visitor Parking, Elevator
Yes
Park/Greenbelt
Floor
Type
Size
Other
Main
Living Room
14'5"4.39 m × 13'2"4.01 m
W/O To Balcony, Combined w/Dining, Open Concept
Main
Dining Room
14'5"4.39 m × 13'2"4.01 m
Combined w/Living, Open Concept
Main
Kitchen
13'10"4.22 m × 5'5"1.65 m
Stainless Steel Appl, W/O To Balcony, Combined w/Living
Data was last updated October 14, 2026 at 02:15 AM (UTC)
Area Statistics
Listings on market:
47
Avg list price:
$699,000
Min list price:
$399,900
Max list price:
$1,325,000
Avg days on market:
26
Min days on market:
0
Max days on market:
676
These statistics are generated based on the current listing's property type
and located in
South Riverdale. Average values are
derived using median calculations. This data is not produced by
the MLS® system.
Toronto lofts are known for their spacious layouts, tall ceilings, and industrial aesthetics. Buyers can explore everything from authentic hard lofts in converted warehouses to sleek soft lofts with modern features. Key highlights include:
Exposed brick, wood beams, and warehouse windows
Open-concept layouts ideal for live-work or entertaining
Stylish kitchens, updated bathrooms, and modern finishes
Locations in trendy neighborhoods like King West, Liberty Village, and Distillery District
Why Buy a Loft in Toronto?
Lofts stand out for their architectural details and open space, attracting buyers who value character and flexibility. Buying a loft in Toronto also means:
Strong resale and rental potential
Located near transit, dining, and creative hubs
Low-rise boutique buildings with fewer residents
A true urban lifestyle in highly desirable areas
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FAQs – Lofts for Sale Toronto
1. What’s the average price of a loft in Toronto? Lofts typically range from $700,000 to over $1.5M depending on size, location, and features.
2. What’s the difference between hard lofts and soft lofts? Hard lofts are converted from old factories or warehouses. Soft lofts are newer builds designed in a loft style.
3. Are lofts a good investment in Toronto? Yes, they are unique and highly sought-after, especially in creative and downtown neighborhoods.
4. Can you finance a loft the same way as a condo? Yes, most lofts can be financed like any residential condo, but it’s important to confirm building status with your lender.
5. Which neighborhoods have the most lofts in Toronto? Popular areas include King West, Queen West, Liberty Village, the Fashion District, and Corktown.