$1,199,000 - 168 King Street Unit 1402, Cabbagetown
Condo for Sale in Cabbagetown
83 days on market- MLS Number
- C12931548
- Property Type
- Condo
- Status
- active
- Days on Site
- 83
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- South East
- Balcony
- Terrace
- Listing Brokerage
- RIGHT AT HOME REALTY
Fantastic Oppourtunity, to own a Unique Urban Garden Space Overlooking the Core. An Extraordinary Offering at King George Square, Impeccably Renovated Corner Residence Redefines Luxury Urban Living with a Remarkable approx. 1,400 sqft Private Terrace-a Truly Rare feature in the Heart of Downtown Toronto. Designed for those who value Sophistication, Scale, and Seamless Indoor-Outdoor Living, this 2-bedroom, 2-bathroom suite delivers an Unparalleled Lifestyle Experience. The Refined interior Showcases a Thoughtfully Curated Open-Concept Layout, Bathed in Natural Light from its Southeast Exposure. The Bespoke Chef's Kitchen is outfitted with Premium Gaggenau Integrated Appliances including a 24" Gaggenau Wine Fridge, Sleek Custom Cabinetry, and Elegant Finishes, flowing effortlessly into the living and dining spaces-perfect for both Intimate Evenings and Elevated Entertaining. Custom built-ins, including a Stylish Bar and Wine Storage, add a layer of understated Luxury and Functionality. All Designer Bathrooms & Kitchens Imported from Italy. The Primary Bedroom Sanctuary features direct access to the Terrace and a beautifully appointed ensuite, offering a serene retreat above the city. The second bedroom, enhanced with a custom CLEI Rotational Bed, Imported from Italy, provides versatility as a Sophisticated Guest Suite or Executive Home Office. This Exceptional Residence is complemented with 1 underground parking space, a storage locker, along with Exclusive Building Amenities including 24-hr Concierge Service, Fitness Centre, Party & Meeting rooms, and a Rooftop Garden. Perfectly positioned just steps from St. Lawrence Market, the Distillery District, Premier Dining, Transit, and The Waterfront, this is a Rare Opportunity to own a Statement Home offering Privacy, Prestige, and Expansive Outdoor Living in the City's Core.
Estimate your monthly payments for this property
Estimated Payment
$5,303.58/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.
168 King Street Unit 1402, 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
Premium Pricing
At $1332/sqft, this property is priced above the Cabbagetown average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 83 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 900 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 $4,996 (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.