$749,900 - 22 Leader Lane Unit 520, Cabbagetown
Condo for Sale in Cabbagetown
78 days on market- MLS Number
- C12946538
- Property Type
- Condo
- Status
- active
- Days on Site
- 78
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- RE/MAX HALLMARK BIBBY GROUP REALTY
An Uncommon Invitation To Own A Bespoke Ralph Lauren Styled Residence In The Historic King Edward Private Residences. Here, Historic Grandeur Meets Contemporary Comfort. This Sunlit, South-Facing Two-Bedroom Haven Frames Iconic City Vistas Down Scott Street To The Esplanade. Every Detail Speaks Of Refined Craftsmanship And Curated Elegance, As If Pulled From Ralph Laurens Personal Design Archives.Principal Rooms Foster Effortless Flow Bathed In Natural Light With High Ceilings,Timeless Crown Moldings, And Understated Elegance Throughout. The Gourmet Kitchen Marries Form And Function Premium Built-In Appliances Nestle Within Custom Cabinetry, Offering Ample Storage And A Seamless Floor Plan For Casual Or Formal Gatherings. The Spacious Primary Bedroom Showcases South Views, Plus Oversized Double Closet, Safe, And A Generous Spa-Like Four-Piece Bath. The Large Second Bedroom Also Includes A Second Oversize Double Closet, And Is Perfect For Hosting Guests Or As Library/Media Room. The Secondary Three-Piece Bathroom Features Walk-In Glass Shower, With Blanco Subway Tile & amp; Carrera Marble VanityTops. Transcend The Notion Of Mere Residence Live A Life That Embodies Enduring Style. Access To World-Class Hotel Amenities. Steps To Financial & Entertainment Districts, Path System, St. Lawrence Market, Union Station, Acclaimed Restaurants & Shopping, TTC At Your Doorstep & Easy Highway Access.
Estimate your monthly payments for this property
Estimated Payment
$3,847.38/mo
Includes CMHC insurance ($20,922)
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.
22 Leader Lane Unit 520, 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 $1071/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 78 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 700 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 $3,125 (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.