$1,249,000 - 130 Carlton Street Unit 1505, Cabbagetown
Condo for Sale in Cabbagetown
95 days on market- MLS Number
- C12870872
- Property Type
- Condo
- Status
- active
- Days on Site
- 95
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 2,000 - 2,499 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Ensuite
- Exposure
- South
- Balcony
- Enclosed
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
Rarely Available 05 Unit with Premier Exposure at 'Carlton on the Park' Spaciousness of a house,. perfect for downsizers and those with larger furniture. Very Large principal rooms. This beautifully renovated, rarely available 05 unit in one of the city's most sought-after luxury buildings. Boasting 2086 sq. ft. of sun-filled, south-facing living space with an enclosed balcony, this home offers unobstructed views of Allan Gardens Park, Lake Ontario, and the city skyline. The thoughtfully designed layout includes two spacious living areas and a formal dining room, all centered around a charming wood-burning fireplace. The gourmet chef's kitchen features top-of-the-line appliances, granite countertops, and ample storage, making it perfect for both cooking and entertaining. Spa like primary ensuite with huge jetted soaker tub (hot tub) and rarely seen large ensuite sauna!! Located in a prime neighborhood, the building offers exceptional amenities, including 24-hour concierge service and visitor parking. Just steps from Loblaws, restaurants, the University of Toronto, Toronto Metropolitan University, George Brown College, the Eaton Centre, and the Financial District, this home places you at the center of it all. One parking spot is included, with property management allowing parking for two vehicles. This is your chance to own a fully renovated, sun-filled home with unbeatable views in one of the citys finest buildings. Don't miss out this is the one! A++ building amenities include an outstanding 24-hour concierge staff, an indoor pool, a hot tub, a sauna, a squash court, a gym, a rooftop garden, meeting rooms, an expansive party room, a library, and visitor parking.
Estimate your monthly payments for this property
Estimated Payment
$5,524.75/mo
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.
130 Carlton Street Unit 1505, 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 $625/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.
Negotiation Opportunity
At 95 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.
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 $5,204 (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.