$519,900 - 130 River Street Unit 501, Cabbagetown
Condo for Sale in Cabbagetown
- MLS Number
- C13212200
- Property Type
- Condo
- Status
- active
- Days on Site
- 18
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- CENTURY 21 PERCY FULTON LTD.
Welcome to Suite 501 at Artworks Tower in the heart of Regent Park! This bright and modern 1 Bedroom + Den condo offers the perfect combination of style, functionality, and value for first-time buyers, professionals, downsizers, and investors alike. Featuring a thoughtfully designed open-concept layout with laminate flooring throughout, floor-to-ceiling windows, and abundant natural light, this suite is both inviting and practical. The contemporary kitchen boasts quartz countertops, built-in appliances, and a functional island overlooking the living and dining area-ideal for everyday living and entertaining. Step out onto the private east-facing balcony and enjoy your morning coffee with beautiful sunrise views. The spacious primary bedroom offers large windows and a mirrored double closet, while the versatile den provides the flexibility for a home office, nursery, guest space, or study area. Rare downtown extras include 1 parking space conveniently located near the elevator and 1 storage locker, adding exceptional convenience and value. Residents enjoy premium amenities including 24-hour concierge, fitness centre, co-working lounge, rooftop terrace with BBQs and city views, party and games rooms, children's play area, bike storage, and visitor parking. Located in one of Toronto's fastest-growing communities, you're steps to TTC transit, FreshCo, Shoppers Drug Mart, Tim Hortons, parks, and recreation facilities, with quick access to the DVP and Gardiner. Just minutes from the Distillery District, St. Lawrence Market, TMU, Eaton Centre, and the Financial District. Offering a modern building, functional layout, parking, locker, and an unbeatable downtown location, this is an excellent opportunity to own or invest in a thriving neighbourhood. Vacant possession available July 2, 2026. Move in or invest with confidence!
Estimate your monthly payments for this property
Estimated Payment
$2,667.36/mo
Includes CMHC insurance ($14,505)
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 River Street Unit 501, Regent Park / Cabbagetown / St. James Town
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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
Fair Market Value
At $1040/sqft, this property is priced in line with current Cabbagetown market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 18 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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 $2,166 (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.