Investment Loft For Sale in Leslieville
One Bedroom Condo at 88 Colgate – Showcase Lofts
We have an excellent investment opportunity in Leslieville. This beautiful loft-style one bedroom condo at 88 Colgate comes with one underground parking spot and two storage lockers. This is a rare opportunity to invest in a unit that is already tenanted. Excellent Value, Location Is Fantastic, Come See It.
If you are looking to purchase this unit to move-in, the tenants are able to vacate with notice. If you are looking to purchase this unit as an investment, tenants are willing to stay (paying $1450/mo + hydro). This is rent $ you will receive as the investor! All costs associated with tenants are covered by the seller.
Investment Condo Info:
- Listing Price: $349,900
- Rent: $1,450/mo. + hydro
- Taxes: $140/mo.
- Condo Fees: $279/mo.
- Approx 450 sq ft interior space
- 40 sq ft balcony
- One (1) Parking
- Two (2) Lockers
- Exposed brick interior
- Corner unit
- 9 ft ceilings
The unit features high-end designer kitchen with gas cooking, interior brick wall (see pics below), and a sizeable balcony. The bedroom has frosted glass sliding doors and a large window. The building, 88 Colgate Ave, is a beautiful boutique loft developed by Aragon Properties and was completed in 2014.
From an investment perspective, this condo is located in a high-demand area in Leslieville, near Queen and Carlaw. Leslieville is a neighbourhood that attracts young & hip professionals together with young families. Quick access to downtown, the Martin Goodman trail and The Beaches make it one of Toronto’s most attractive places to live.
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