$899,000 - 126 St David Street, Cabbagetown
Condo for Sale in Cabbagetown
New — Listed 2 days ago- MLS Number
- C13434350
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
Welcome to this spacious condo townhouse offering over 1,200 sq. ft. of thoughtfully designed living space in one of Toronto's most connected locations. Situated just moments from the Distillery District, Corktown Common, St. Lawrence Market, Riverdale Park, and the city's financial core, this home combines the comfort of a townhouse with the convenience of condominium living. As summer arrives, the inviting front patio becomes a natural extension of the home, creating the perfect space for morning coffee, outdoor dining, gardening, or relaxing and enjoying a barbecue with family and friends. Inside, the functional floor plan offers an exceptional amount of flexibility. Featuring 2 generous bedrooms plus a spacious den, the layout easily accommodates today's evolving lifestyle needs, whether you're looking for a dedicated home office, guest room, nursery, creative studio, or additional family space. For those seeking even greater flexibility, the dining area offers sufficient space to accommodate a reconfigured layout that could support a 3rd bedroom while maintaining comfortable living areas. Large windows fill the home with natural light, while the well-proportioned principal rooms provide a sense of openness rarely found in many downtown properties. The separation between living and sleeping areas creates privacy and functionality for families, professionals, and those who frequently host guests. Residents enjoy access to an impressive collection of amenities, including fitness centre, squash court, basketball court, party and meeting spaces, guest suites, and more. Commuting is effortless with nearby TTC routes, easy access to the Don Valley Parkway and Gardiner Expressway, and the future Ontario Line set to further enhance connectivity across the city.With a generous space, flexible rooms, exceptional amenities, outdoor living, and a highly walkable and family-friendly downtown location, this is a home designed to adapt to your needs for years to come.
Estimate your monthly payments for this property
Estimated Payment
$4,612.34/mo
Includes CMHC insurance ($25,082)
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.
126 St David Street, 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
Competitive Pricing
At $749/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Cabbagetown's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.
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 $3,746 (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.