1 Scott Street Unit 311, Toronto C08

Price: $429,000

0 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C13169932

Freshly Updated Downtown Studio With Parking & Locker Included In The Heart Of St. Lawrence Market! This Bright, Open-Concept 345 Sq.Ft. Suite At London On The Esplanade Offers A Smart And Functional Layout With Brand New Light Hardwood Flooring Throughout, Updated Grey Kitchen Cabinetry, Granite Countertops, Stainless Steel Appliances, And In-Suite Laundry. A Practical Turnkey Option For First-Time Buyers, Downtown Professionals, Commuters Who Need Parking, Parents Buying For A Child, Or Investors Looking For A Strong Rental Location In One Of Toronto's Most Convenient Downtown Neighbourhoods. Steps To Union Station, Financial District, St. Lawrence Market, Waterfront Trails, Restaurants, Cafes, Transit, And Everyday Conveniences. Enjoy Excellent Building Amenities Including 24-Hour Concierge, Fitness Centre With Yoga Studio, Outdoor Rooftop Pool, Party Room, Theatre, Library Lounge, Guest Suites, BBQ Area, And More. Rare Opportunity To Own A Downtown Suite With 1 Underground Parking Space And 1 Locker Included. Move-In Ready And Priced To Sell!

1 Scott Street Unit 311 - Condo photo 1 of 10 in Regent Park / Cabbagetown / St. James Town, Ontario
1 Scott Street Unit 311 - Condo photo 2 of 10 in Regent Park / Cabbagetown / St. James Town, Ontario
1 Scott Street Unit 311 - Condo photo 3 of 10 in Regent Park / Cabbagetown / St. James Town, Ontario
1 Scott Street Unit 311 - Condo photo 4 of 10 in Regent Park / Cabbagetown / St. James Town, Ontario
1 Scott Street Unit 311 - Condo photo 5 of 10 in Regent Park / Cabbagetown / St. James Town, Ontario
1 Scott Street Unit 311 - Condo photo 6 of 10 in Regent Park / Cabbagetown / St. James Town, Ontario
1 Scott Street Unit 311 - Condo photo 7 of 10 in Regent Park / Cabbagetown / St. James Town, Ontario
1 Scott Street Unit 311 - Condo photo 8 of 10 in Regent Park / Cabbagetown / St. James Town, Ontario
1 Scott Street Unit 311 - Condo photo 9 of 10 in Regent Park / Cabbagetown / St. James Town, Ontario
1 Scott Street Unit 311 - Condo photo 10 of 10 in Regent Park / Cabbagetown / St. James Town, Ontario
active
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$429,000 - 1 Scott Street Unit 311, Cabbagetown

Condo for Sale in Cabbagetown

0Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C13169932
Property Type
Condo
Status
active
Days on Site
21
Bedrooms
0
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Lot Size
1 sqft
Locker
Owned
Exposure
East
Balcony
None
Listing Brokerage
ROYAL LEPAGE TERREQUITY REALTY
Description

Freshly Updated Downtown Studio With Parking & Locker Included In The Heart Of St. Lawrence Market! This Bright, Open-Concept 345 Sq.Ft. Suite At London On The Esplanade Offers A Smart And Functional Layout With Brand New Light Hardwood Flooring Throughout, Updated Grey Kitchen Cabinetry, Granite Countertops, Stainless Steel Appliances, And In-Suite Laundry. A Practical Turnkey Option For First-Time Buyers, Downtown Professionals, Commuters Who Need Parking, Parents Buying For A Child, Or Investors Looking For A Strong Rental Location In One Of Toronto's Most Convenient Downtown Neighbourhoods. Steps To Union Station, Financial District, St. Lawrence Market, Waterfront Trails, Restaurants, Cafes, Transit, And Everyday Conveniences. Enjoy Excellent Building Amenities Including 24-Hour Concierge, Fitness Centre With Yoga Studio, Outdoor Rooftop Pool, Party Room, Theatre, Library Lounge, Guest Suites, BBQ Area, And More. Rare Opportunity To Own A Downtown Suite With 1 Underground Parking Space And 1 Locker Included. Move-In Ready And Priced To Sell!

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Estimate your monthly payments for this property

Estimated Payment

$2,200.99/mo

Includes CMHC insurance ($11,969)

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5-yr fixed avg.

Principal: $386,100Interest: $262,229
Mortgage Amount$398,069
Total Interest$262,229
Est. Property Tax$304/mo
Total Cost$660,298

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Regent Park / Cabbagetown / St. James Town

Discover Regent Park / Cabbagetown / St. James Town

Regent Park / Cabbagetown / St. James Town is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Regent Park / Cabbagetown / St. James Town

  • Convenient location in Regent Park / Cabbagetown / St. James Town
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Regent Park / Cabbagetown / St. James Town offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1 Scott Street Unit 311, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$975
Property Tax (est.)-$304
Insurance (est.)-$89
Net Cash Flow+$1,392

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Market Position

At 21 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    1 Scott Street Unit 311, Regent… — $429,000 | Battaglia Team