$450,000 - 22 Wellesley Street Unit 1307, Cabbagetown
Condo for Sale in Cabbagetown
New — Listed yesterday- MLS Number
- C13420156
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY REALTY
Steps to Wellesley subway station at Yonge & Wellesley, this bright 1-bed loft suite at 22 Condominiums offers a rare chance to live in one of Downtown Toronto's most striking glass towers, designed by Peter Clewes of architects-Alliance with just 4-8 units per floor, giving it a lower density feel than most high-rise buildings in the core. The open-concept living and dining area is bathed in natural light thanks to floor-to-ceiling windows, with seamless access to a private balcony featuring a gas BBQ hook-up and sweeping city views. The kitchen features a centre island, granite counters, open shelving and warm wood cabinetry, and the bedroom is tucked behind a custom reclaimed barn wood sliding door that ties perfectly into the loft feel. The bedroom itself offers a wall of windows and mirrored double closets, while the modern 4-piece bath includes a soaker tub and ensuite stacked laundry. Soaring exposed concrete ceilings giving the space a character you just don't find in most downtown condos. Building amenities include a 24-hr concierge, a fully-equipped gym with a sauna, rooftop lounge, outdoor hot tub, BBQ terrace, guest suites, bike storage, and a party room. Walk score 99, with shops, restaurants, Bloor/Yorkville and U of T all at your doorstep. Some photos are virtually staged.
Estimate your monthly payments for this property
Estimated Payment
$2,308.73/mo
Includes CMHC insurance ($12,555)
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 Wellesley Street Unit 1307, 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 $900/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.
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 500 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.