20 Richardson Street Unit 1006, Toronto C08

Price: $398,000

1 bedrooms, 2 bathrooms

Property Type: Condo

MLS#: C13459848

The Daniels-built "Lighthouse East" - One of Toronto's premier downtown addresses. This thoughtfully designed and very efficient Junior 1BR suite with modern finishes maximizes every square foot while providing an abundance of natural light and contemporary urban style. Residents enjoy access to a very impressive collection of resort-style amenities including a fully equipped fitness center, yoga studio, theatre room, party and social lounges, BBQ terrace, tennis and basketball facilities, 24 hour concierge and more! In this rapidly developing neighborhood, you're steps from the St Lawrence Market, The Distillery District, The Financial District, Scotiabank Arena, The Waterfront Trail, Cherry Beach & Harbourfront attractions. Education and employment opportunities are unmatched at this prime location; George Brown's waterfront campus is right downstairs while the St James campus is also easily accessible. Many convenient transit connections to U of T, Toronto Metropolitan University & OCAD University make this a unique opportunity for students, educators & healthcare professionals. An absolutely ideal option for first-time buyers, investors, young professionals or those seeking a sophisticated pied-a-terre in one of Toronto's most desirable communities. **Interior Photos Virtually Staged, Unit Currently Vacant**

20 Richardson Street Unit 1006 - Condo photo 1 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
20 Richardson Street Unit 1006 - Condo photo 2 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
20 Richardson Street Unit 1006 - Condo photo 3 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
20 Richardson Street Unit 1006 - Condo photo 4 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
20 Richardson Street Unit 1006 - Condo photo 5 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
20 Richardson Street Unit 1006 - Condo photo 6 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
20 Richardson Street Unit 1006 - Condo photo 7 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
20 Richardson Street Unit 1006 - Condo photo 8 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
20 Richardson Street Unit 1006 - Condo photo 9 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
20 Richardson Street Unit 1006 - Condo photo 10 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
20 Richardson Street Unit 1006 - Condo photo 11 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
20 Richardson Street Unit 1006 - Condo photo 12 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
20 Richardson Street Unit 1006 - Condo photo 13 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
20 Richardson Street Unit 1006 - Condo photo 14 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
20 Richardson Street Unit 1006 - Condo photo 15 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
20 Richardson Street Unit 1006 - Condo photo 16 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
20 Richardson Street Unit 1006 - Condo photo 17 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
20 Richardson Street Unit 1006 - Condo photo 18 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
20 Richardson Street Unit 1006 - Condo photo 19 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
20 Richardson Street Unit 1006 - Condo photo 20 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
20 Richardson Street Unit 1006 - Condo photo 21 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
20 Richardson Street Unit 1006 - Condo photo 22 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
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New Listing
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$398,000 - 20 Richardson Street Unit 1006, Cabbagetown

Condo for Sale in Cabbagetown

New — Listed yesterday
1Beds
2Baths
N/ASq Ft
Condo
Property Details
MLS Number
C13459848
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
1
Bathrooms
2
Square Feet
N/A sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
Owned
Exposure
East
Balcony
Juliette
Listing Brokerage
ROYAL LEPAGE SIGNATURE REALTY
Description

The Daniels-built "Lighthouse East" - One of Toronto's premier downtown addresses. This thoughtfully designed and very efficient Junior 1BR suite with modern finishes maximizes every square foot while providing an abundance of natural light and contemporary urban style. Residents enjoy access to a very impressive collection of resort-style amenities including a fully equipped fitness center, yoga studio, theatre room, party and social lounges, BBQ terrace, tennis and basketball facilities, 24 hour concierge and more! In this rapidly developing neighborhood, you're steps from the St Lawrence Market, The Distillery District, The Financial District, Scotiabank Arena, The Waterfront Trail, Cherry Beach & Harbourfront attractions. Education and employment opportunities are unmatched at this prime location; George Brown's waterfront campus is right downstairs while the St James campus is also easily accessible. Many convenient transit connections to U of T, Toronto Metropolitan University & OCAD University make this a unique opportunity for students, educators & healthcare professionals. An absolutely ideal option for first-time buyers, investors, young professionals or those seeking a sophisticated pied-a-terre in one of Toronto's most desirable communities. **Interior Photos Virtually Staged, Unit Currently Vacant**

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Estimate your monthly payments for this property

Estimated Payment

$2,041.95/mo

Includes CMHC insurance ($11,104)

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5-yr fixed avg.

Principal: $358,200Interest: $243,280
Mortgage Amount$369,304
Total Interest$243,280
Est. Property Tax$282/mo
Total Cost$612,584

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.

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Neighbourhood Guide: Regent Park / Cabbagetown / St. James Town

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

20 Richardson Street Unit 1006, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$975
Property Tax (est.)-$282
Insurance (est.)-$83
Net Cash Flow+$1,020

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Just Listed - Act Strategically

This property hit the market within the last week. In Cabbagetown's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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 0 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.

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.

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    20 Richardson Street Unit 1006 | $398,000 | Battaglia Team