$3,500/mo - 120 Parliament Street Unit 2008, Cabbagetown
Condo for Rent in Cabbagetown
Popular Listing- MLS Number
- C13245788
- Property Type
- Condo
- Status
- active
- Days on Site
- 11
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to this bright and functional 3-bedroom, 2-bathroom corner suite at 120 Parliament Street. Offering approximately 895 sq.ft. of interior living space plus an impressive 177 sq.ft. across two private balconies, this southeast-facing home is flooded with natural light throughout the day. Thoughtfully designed with excellent bedroom separation, 9-foot ceilings, and a spacious open-concept layout, the suite is ideal for both everyday living and entertaining. The modern kitchen features Bosch appliances and flows seamlessly into the living and dining areas, while dimmable lighting throughout the unit creates the perfect ambiance for any occasion. The primary bedroom offers a walk-in closet, private balcony access, and a 4-piece ensuite. Two additional bedrooms provide flexibility for families, roommates, guests, or a dedicated home office. One parking space and ensuite laundry are included for added convenience. Residents enjoy exceptional building amenities, including a fitness centre, yoga studio, rooftop terrace with BBQs and lounge areas, concierge service, and even a pet spa. Located in the vibrant King East neighbourhood, you're just steps from cafés, restaurants, TTC transit, the Distillery District, Corktown Commons, dog parks, and some of downtown Toronto's best green spaces. A fantastic opportunity to live in one of Toronto's most connected and rapidly growing communities.
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 2008, Regent Park / Cabbagetown / St. James Town
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fairly Priced Rental
At $3,500/mo, this is in line with typical 3-bedroom rents in Cabbagetown (~$3,500/mo). The rent itself may be firm, but there's often room to negotiate on lease terms — move-in date, appliance inclusions, or parking.
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.
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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.
Let's Walk Through It Together
Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.