$888,900 - 130 Carlton Street Unit 602, Cabbagetown
Condo for Sale in Cabbagetown
48 days on market- MLS Number
- C13055390
- Property Type
- Condo
- Status
- active
- Days on Site
- 48
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
Welcome to 602 at Carlton on the Park - rarely offered & updated suite directly across from landmark Allan Gardens. Offering 1357 sq ft of refined living space, this spacious 2+1 bedroom, 2 bathroom residence combines comfort, scale, and thoughtful design in a way newer condos can't. Open concept layout greets with unobstructed north-facing city views from almost anywhere in the unit. Polished white natural marble flooring in the entrance foyer, guest bath, and kitchen guides you into the home, and solid hardwood throughout speaks to the quality and style of the rest of the unit. Kitchen features a pantry, breakfast bar, and high end appliances (including Flex Duo range that can convert to two separate ovens). Large principal rooms make everyday living and entertaining equally enjoyable. Den / office features a striking floor-to-ceiling stone feature wall w/ built-in electric fireplace creating the perfect work-from-home space, reading room, or quiet retreat. Large primary suite feels like its own private wing, complete with dual closets, separate dressing area, and spa-inspired marble-clad ensuite bath. Generous second bedroom makes the layout equally ideal for guests, families, or downsizers. One of the rarest features in the building: TWO side-by-side parking spaces!! Residents enjoy full-service lifestyle expected from a well-managed Tridel building with 24/7 concierge, indoor pool, whirlpool, sauna, fully equipped fitness room w/ lockers, rooftop BBQ terrace w/ garden & jacuzzi, squash and racquet courts, party & meeting rooms, billiards lounge, and visitor parking. Just steps to the flagship Loblaws Maple Leaf Gardens, U of T, TMU, transit, restaurants, and everyday conveniences, this is sophisticated urban living with a Walk Score that truly delivers. A stylish, spacious home in a building with enduring reputation, a genuinely warm residential community, and a downtown location that speaks for itself!
Estimate your monthly payments for this property
Estimated Payment
$4,560.52/mo
Includes CMHC insurance ($24,800)
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 602, 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 $741/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 48 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 $3,704 (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.