$608,800 - 135 Lower Sherbourne Street Unit 936, Cabbagetown
Condo for Sale in Cabbagetown
Popular Listing- MLS Number
- C13233518
- Property Type
- Condo
- Status
- active
- Days on Site
- 8
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY REALTY
Welcome to the Time & Space Community by Pemberton, where modern design meets an unbeatable downtown lifestyle at Front St. E. & Sherbourne. This bright and functional 2-bedroom, 2-bathroom suite offers a thoughtfully designed open-concept layout, enhanced by large windows with a desirable south-facing exposure onto Lake Ontario, a space filled with natural light. The primary ensuite bathroom features a spacious glass walk-in shower, while the second bathroom offers a relaxing soaker tub. A built-in security system, roll-up window blinds, and modern appliances add both comfort and convenience, making this unit ideal for the discerning homebuyer. Step onto your large private balcony and take in sweeping views of the city skyline Lake Ontario and Toronto Island, an ideal setting for quiet mornings or evening entertaining. Perfectly positioned in one of Toronto's most vibrant neighbourhoods, walk out your front door to a hub of shops, restaurants, cafés, and event venues, including the Distillery District, St. Lawrence Market, and minutes from the waterfront and Sugar Beach. Daily errands, dining, and entertainment are all at your doorstep, while commuting is effortless with easy access to TTC transit, the subway, and the Gardiner Expressway. Residents enjoy an exceptional range of premium resort like amenities, including an 11th floor infinity-edge pool, rooftop cabanas, outdoor BBQ area, fully equipped fitness centre, yoga studio, games room, party room, theatre, and more. Location is everything, and this suite offers the perfect balance of comfort, convenience, and lifestyle for those seeking refined urban living in a highly connected community. A fantastic opportunity awaits. Don't miss your chance to call this exceptional space home. Complete with the added convenience of an included locker, plenty of visitor parking and bike racks, this residence is the perfect place to enjoy the very best of downtown Toronto living.
Estimate your monthly payments for this property
Estimated Payment
$3,123.46/mo
Includes CMHC insurance ($16,986)
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 Lower Sherbourne Street Unit 936, 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 $1015/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.
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 600 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 $2,537 (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.