$1,099,900 - 135 George Street Unit 401, Cabbagetown
Condo for Sale in Cabbagetown
- MLS Number
- C13191478
- Property Type
- Condo
- Status
- active
- Days on Site
- 20
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- SKYBOUND REALTY
Welcome to New Town of York! One of the best kept secrets in the heart of the St Lawrence Market neighbourhood! Step into this spacious, fully renovated 2-bedroom, 2-bathroom suite with over 1300 sq ft of quality-built condo living in a boutique, very quiet low-rise with just 51 suites. A stunning, tastefully renovated modern kitchen with stone counters showcases tons of prep space and loads of cabinets for everything you could need to cook up a storm, and the wide open living and dining space is perfect for entertaining. The massive primary suite easily fits a King-sized bed, with double closets and a fully updated ensuite bath. The very generous second bedroom is perfect for guests with room to spare for a home office. Brand new, wide plank flooring and tons of storage throughout, with a unique custom foyer storage/utility room and bonus storage off the living room, this suite features more storage than some houses in the city! Amenities include a newly renovated fitness room, sauna, squash/basketball court, party room, outdoor deck with BBQs, and visitor parking. Year-round heating and cooling for maximum comfort, plus Bell Fibe Cable TV and Internet included in your maintenance fees! Literally a block from St Lawrence Market, steps to both Berczy Park and St James Park, walking distance to the Financial District, very easy access to the DVP and Gardiner, and tons of dining, entertainment, and everything the East side has to offer at your doorstep. Welcome home.
Estimate your monthly payments for this property
Estimated Payment
$4,865.23/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.
135 George Street Unit 401, 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
Fair Market Value
At $917/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 20 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.
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 $4,583 (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.