$437,700 - 120 Parliament Street Unit 1605, Cabbagetown
Condo for Sale in Cabbagetown
83 days on market- MLS Number
- C12919824
- Property Type
- Condo
- Status
- active
- Days on Site
- 83
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- N/A sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- PROXY REAL PROPERTY INC.
Exceptional, Magnificent, Executive Unit With 2 Balconies Located In The Highly Sought-After Moss Park Neighborhood. This Bright, Sun-Filled, Stunning, And Absolutely Outstanding 1 Bedroom Corner Unit With Amazing North East Exposure At The Luxurious East United Condos Stands Out By Details of Pure Luxury Boasting Premium Functional Layout. Modern Wide Plank Engineering Hardwood Floor Throughout, Floor To Ceiling Windows, Upscale Gourmet Kitchen, Granite Countertop, Backsplash, Double Mirrored Closet In Primary Bedroom. Open Concept Living And Dining Area Impeccably Designed For Entertainment And Adorable Time. Chic And Cozy 2 Balconies With Gorgeous East And North Views Generate Pleasure, Initiates Relaxation Making Life Happy And So Beautiful. Just Move-In, Enjoy, And Have Fun!!! Alternatively, This Is A Great Investment Opportunity As The Unit Is Ready For Rent! Furniture Is Negotiable And Might Come With The Unit If The Offered Price Is Satisfactory To The Seller. State Of The Art Amenities Include 24 Hours Concierge, Rooftop Terrace With B.B.Q, Fitness Room, Yoga Studio, Art Studio, Games Room, Pet Spa, Outdoor Theatre, Plenty Of Visitors Underground Free Parking Spots, Bike Storage, And Guest Suites. Walking Distance To Great Shopping, Fine Dining & Bars, St. Lawrence Market, Distillery District, George Brown College, T.T.C. Subway Line & Streetcar Stops, Sugar Beach Park, And Lake Ontario. Proximity To Financial District, Union Station, Scotiabank Arena, Rogers Centre, Harbourfront, And Billy Bishop Airport. Convenient And Quick Access To Gardiner Expressway And Don Valley Parkway. Excellent Combination Of Luxury, Location, And Value!!!
Estimate your monthly payments for this property
Estimated Payment
$2,245.63/mo
Includes CMHC insurance ($12,212)
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.
120 Parliament Street Unit 1605, 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
Negotiation Opportunity
At 83 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 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.