101 Charles Street Unit 1306, Toronto C08

Price: $749,000

2 bedrooms, 2 bathrooms

800 sqft

Property Type: Condo

MLS#: C13159484

Experience luxury living at X2 Condominiums. This bright 2-bedroom corner residence offers desirable west exposure, floor-to-ceiling windows, and exceptional natural light. Features a sleek gourmet kitchen with granite countertops, stainless steel appliances, and hardwood flooring throughout main areas. Located in the heart of the city steps to Yorkville, Yonge & Bloor, and TTC transit.

101 Charles Street Unit 1306 - Condo photo 1 of 27 in Regent Park / Cabbagetown / St. James Town, Ontario
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$749,000 - 101 Charles Street Unit 1306, Cabbagetown

Condo for Sale in Cabbagetown

2Beds
2Baths
800Sq Ft
Condo
Property Details
MLS Number
C13159484
Property Type
Condo
Status
active
Days on Site
20
Bedrooms
2
Bathrooms
2
Square Feet
800 sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
Owned
Exposure
South West
Balcony
Open
Listing Brokerage
HOMELIFE NEW WORLD REALTY INC.
Description

Experience luxury living at X2 Condominiums. This bright 2-bedroom corner residence offers desirable west exposure, floor-to-ceiling windows, and exceptional natural light. Features a sleek gourmet kitchen with granite countertops, stainless steel appliances, and hardwood flooring throughout main areas. Located in the heart of the city steps to Yorkville, Yonge & Bloor, and TTC transit.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,842.76/mo

Includes CMHC insurance ($20,897)

$
$
5%10%50%

5-yr fixed avg.

Principal: $674,100Interest: $457,830
Mortgage Amount$694,997
Total Interest$457,830
Est. Property Tax$531/mo
Total Cost$1,152,827

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

101 Charles Street Unit 1306, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
1.6%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$520
Property Tax (est.)-$531
Insurance (est.)-$156
Net Cash Flow+$993

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

Fair Market Value

At $936/sqft, this property is priced in line with current Cabbagetown market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.

Market Position

At 20 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 800 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.

Investment Perspective

Looking at this as an investment: Cabbagetown properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,121 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    101 Charles Street Unit 1306, R… — $749,000 | Battaglia Team