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Condo for Rent in Cabbagetown
95 days on market- MLS Number
- C12880650
- Property Type
- Condo
- Status
- active
- Days on Site
- 95
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Welcome to PACE Condos by Great Gulf, a distinctive residence in the heart of the city at 159 Dundas Street East! This South-West corner suite offers the building's largest one-bedroom layout at 619 square feet and is filled with natural light from its floor-to-ceiling, wall-to-wall windows. Bright and spacious, it features 9-foot ceilings, laminate flooring throughout, and an open concept living, dining, and kitchen area designed for comfortable everyday living. The kitchen features integrated appliances, along with a glass tile mosaic backsplash, while the suite also includes convenient in-suite stacked laundry. A generously sized four-piece bathroom provides dual access from both the bedroom and unit entry area. The South-facing balcony enjoys excellent urban views with glimpses of the lake. One parking space is included! Residents enjoy a double-height lobby with 24-hour concierge service, along with a full amenity level, which includes weight and cardio rooms, yoga room, his and hers change rooms, TV lounge, reading lounge, and party/billiards room. The amenity level also opens to a rooftop deck and an outdoor pool, offering exceptional indoor and outdoor spaces for relaxation and entertaining. Set in the Yonge Church Corridor at Dundas and Jarvis, PACE Condos is in one of downtown Toronto's most connected and convenient neighbourhoods. The building is steps to Toronto Metropolitan University, George Brown College, the Eaton Centre, Sankofa Square (Young-Dundas Square), St. Lawrence Market, St. Michael's Hospital, Massey Hall, and the Financial District, with the University of Toronto also within walking distance. A 24-hour TTC streetcar stops at the doorstep, TMU (formerly Dundas) Subway Station is a short walk away, and drivers have quick access to the Gardiner Expressway via Jarvis St.
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.
159 Dundas Street Unit 2401, Regent Park / Cabbagetown / St. James Town
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.

Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fairly Priced Rental
At $2,500/mo, this is in line with typical 1-bedroom rents in Cabbagetown (~$2,300/mo). The rent itself may be firm, but there's often room to negotiate on lease terms — move-in date, appliance inclusions, or parking.
Negotiation Opportunity
At 95 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.
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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.
Let's Walk Through It Together
Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.