$539,000 - 20 Tubman Avenue Unit 706, Cabbagetown
Condo for Sale in Cabbagetown
56 days on market- MLS Number
- C13023600
- Property Type
- Condo
- Status
- active
- Days on Site
- 56
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Exclusive
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTY SERVICES INC.
Welcome to Wyatt Condos, where modern living meets convenience in the heart of Regent Park! This bright & spacious 1-bed+ den unit boasts a well-designed 621 sq. ft. of living space, complemented by a 128 sq. ft. balcony. With Floor-to-ceiling windows a desirable North-East exposure, this suite is flooded with natural light throughout the day. Open-concept kitchen features sleek countertops, a stylish center island, high-end finishes, perfect for cooking. Spacious living room offers ample room for relaxation & hosting guests, with a convenient walkout to the balcony, creating an ideal indoor-outdoor flow. The large window in the living room allow for an abundance of natural light to fill the space. Enclosed Den, ideal as a 2nd Bedroom, home office, or kids' room. The primary bedroom is spacious & includes a floor-to-ceiling window that invites abundant natural light. Enjoy a beautifully upgraded washroom with modern fixtures. Laminate flooring and High ceilings that enhance the sense of space. This condo includes 1 parking spot & locker for added convenience. Exceptional amenities, including a state-of-the-art gym, a tranquil yoga room, a games room, a party room s, a children's play area, guest suites, bike storage, pet wash station. The rooftop patio & BBQ area provide an amazing space to relax or entertain while enjoying panoramic views of the city. Living here means being steps away from the vibrant Regent Park, Pam McConnell Aquatic Centre, St. Lawrence Market, Distillery District, trendy cafes, restaurants & shops. Public transit is right at your doorstep, with easy access to streetcars, buses, the subway & highways. With Ryerson University, Eaton Centre, and groceries all nearby, this is the ultimate location for those who want a dynamic urban lifestyle. Pictures Used from Previous Listing. Home in Excellent Condition. Tenants have kept very nicely.
Estimate your monthly payments for this property
Estimated Payment
$2,765.35/mo
Includes CMHC insurance ($15,038)
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.
20 Tubman Avenue Unit 706, 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 $898/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.
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.
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 $2,246 (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.