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Condo for Rent in Cabbagetown
Popular Listing- MLS Number
- C13246120
- Property Type
- Condo
- Status
- active
- Days on Site
- 11
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- AIMHOME REALTY INC.
Welcome to Time and Space Condos at 121 Lower Sherbourne St, ideally located in the heart of downtown Toronto. This bright and functional suite features a well-designed open-concept layout with 9 ft ceilings and laminate flooring throughout, creating a modern and inviting living space. Floor-to-ceiling windows bring in an abundance of natural light. The contemporary kitchen is equipped with quartz countertops and integrated stainless steel appliances, seamlessly flowing into the living and dining area, perfect for both everyday living and entertaining. The open layout maximizes space while maintaining a clean and cohesive design. Enjoy a 108 Sqft extra large balcony extending from the living room to the primary bedroom, providing a generous outdoor space to relax, entertain, or enjoy fresh air with pleasant courtyard views. The spacious den, complete with a door, provides versatility and can function as a second bedroom, home office, or guest space, depending on your needs . Residents enjoy access to exceptional amenities, including a fully equipped fitness centre with city views, an outdoor terrace with pool, BBQ stations, lounge areas, and ping pong tables. Additional amenities include party rooms, a games room, and a theatre, enhancing everyday living with comfort and entertainment. Steps to the Distillery District, St. Lawrence Market, waterfront, parks, dining, shopping, cafes, and transit, with easy access to major routes.
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.
121 Lower Sherbourne Street Unit 461, 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
Competitive Rent
At $2,300/mo, this is priced below the typical 2-bedroom rent of ~$2,900/mo in Cabbagetown. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
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 500 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.
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.