$1,198,000 - 15 Lower Jarvis Street Unit 4104, Cabbagetown
Condo for Sale in Cabbagetown
98 days on market- MLS Number
- C12868734
- Property Type
- Condo
- Status
- active
- Days on Site
- 98
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- HOMELIFE/BAYVIEW REALTY INC.
Rise to the top! Elevate your lifestyle in this unique & grand 2 bedroom + 2 washroom corner condo at Lighthouse West Tower (approx 1243 sqft+ 289 sqft balcony space). Take in the panoramic lake and city views from the expansive balcony. The Great Room -lends itself well to multi-purpose usage - whether its open concept or enclosed as a 3rd bedroom, family room or den. Practical split bedroom plan, both bedrooms with walk-in closets & walk-out to balcony. Featuring 10' smooth ceiling, engineered wood floors, floor to ceiling windows. Chef inspired kitchen with integrated Miele appliance package (Fridge, Cooktop, B/I Oven, B/I dishwasher). Bright & spacious unit, open concept layout, great for entertaining. 3 balcony walkouts. Amazing waterfront location- steps to Loblaws, Farmboy, Shoppers Drug Mart, Restaurants, Starbucks, Cafes, Banks, George Brown College, Sugar Beach, Harbourfront, St. Lawrence market. Easy access to transit, Union Station, Gardiner, DVP, Lake Shore Blvd. *** Premium Tandem parking space. *** Owner's Furnishings can be included for a true turn key possession.
Estimate your monthly payments for this property
Estimated Payment
$5,299.16/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.
15 Lower Jarvis Street Unit 4104, 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 $998/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.
Negotiation Opportunity
At 98 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.
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 $4,992 (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.