$1,349,900 - 158 Front Street Unit 2502, Cabbagetown
New Construction for Sale in Cabbagetown
56 days on market- MLS Number
- C13027864
- Property Type
- New Construction
- Status
- active
- Days on Site
- 56
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- SUTTON GROUP REALTY SYSTEMS INC.
* THIS UNIT QUALIFIES FOR THE NEW HOME HST REBATE** GREAT OPPORTUNITY to own this beautifully designed and rare 1435 sq. ft. 2 bedroom + Den, with 2.5 bathroom suite at the highly sought-after St. Lawrence Condominiums, situated in the heart of downtown Toronto. This spacious 25th floor unit features 9-foot ceilings and an open-concept living/dining area leading to a private balcony with unobstructed views - You must see it to believe it! The sleek, contemporary kitchen is equipped with integrated appliances, stone countertops and backsplash, offering both style and function. The primary bedroom is complete with a spa-like ensuite for ultimate comfort. All 3 closets are large and offer plenty of storage space. Located just steps from the iconic St. Lawrence Market, and within walking distance to Bay Street, the Esplanade, George Brown College, Metro University, U of T, and Union Station, convenience is truly at your doorstep. This exceptional suite includes two premium parking spots with lockers attached to each. Premium built-in panelled fridge, dishwasher, glass cooktop, oven, microwave, hood, ensuite laundry with large capacity Samsung washer, and dryer. The building offers an impressive range of amenities, including 24-hr concierge service, a rooftop pool and terrace, three floors of fitness space (cardio, weights, and yoga studio), visitor parking, guest suites, a billiards lounge, & much more. This unit provides the perfect blend of luxury, convenience, and modern living and is priced to sell welcome home!
Estimate your monthly payments for this property
Estimated Payment
$5,971.06/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.
158 Front Street Unit 2502, 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 $964/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 56 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.
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.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $5,625 (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.