$919,000 - 112 George Street Unit S320, Cabbagetown
Condo for Sale in Cabbagetown
98 days on market- MLS Number
- C12877034
- Property Type
- Condo
- Status
- active
- Days on Site
- 98
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
Rare sun-filled, south-facing 2+den suite in one of downtown's most sought-after locations.Welcome home to this beautifully designed residence offering exceptional natural light, generous space, and flexible living. The modern kitchen features full-sized appliances, granite countertops, and ample storage, flowing seamlessly into the spacious open-concept living area complete with a sleek urban fireplace and walkout to a private balcony-perfect for enjoying sunny southern exposure throughout the day.The spacious primary retreat includes a large walk-in closet and a spa-inspired four-piece ensuite. A generous second bedroom also features a walk-in closet, while the versatile den provides the ideal space for a work-from-home office, guest bedroom, or additional living area.Residents enjoy outstanding amenities including concierge service, a state-of-the-art fitness centre, elegant party room, guest suite, and a beautifully landscaped rooftop garden terrace.Ideally located just steps to the renowned St. Lawrence Market, the green spaces of St. James Park, and the historic Distillery District. Enjoy easy access to the waterfront, the scenic Martin Goodman Trail, Sugar Beach, and Harbourfront, along with the Financial District, excellent restaurants, public transit, and major highways.An exceptional opportunity to enjoy vibrant downtown living in an unbeatable location. Many Upgrades, 2 Lockers. Very Unique Unit!!!
Estimate your monthly payments for this property
Estimated Payment
$4,714.95/mo
Includes CMHC insurance ($25,640)
5-yr fixed avg.
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.
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
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.
112 George Street Unit S320, Regent Park / Cabbagetown / St. James Town
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fair Market Value
At $1021/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.
Negotiation Opportunity
At 98 days on site, this property has exceeded the typical selling timeline for Cabbagetown. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 900 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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $3,829 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.