$564,888 - 220 Victoria Street Unit 1709, Cabbagetown
Condo for Sale in Cabbagetown
- MLS Number
- C13183684
- Property Type
- Condo
- Status
- active
- Days on Site
- 20
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- CENTURY 21 WENDA ALLEN REALTY
!!ATTENTION YOUNG PROFESSIONALS & INVESTORS!! Stunning Unobstructed Panoramic Views Usually Reserved For Much Pricier Penthouses!! Make Your Home In The Beating Heart Of One Of The World's Great Cities, As The Endlessly Stylish Church-Yonge Corridor Boasts A Near-Unbeatable Walk Score Of 98, Among The Highest In All Of Toronto! And For Those Who Value Peace And Action In Equal Measure, The OPUS AT PANTAGES Was Built Just For You. Tucked Just Off Of Yonge On Quiet Victoria St, This Rare Corner Unit Allows You To Experience Downtown Tranquility Like Few Will Ever Know, As The City's Open Beauty Becomes A Cinematic 17-Storey Backdrop To All Of Life's Moments Both Big & Small. The Awe-Inspiring Open-Concept Living/Kitchen Area Is Highlighted By Wrap-Around Floor-To-Ceiling Windows & Commanding 9FT Ceilings, Making This Unit Prime For Entertaining! Kitchen Features Granite Countertops, S/S Appliances, & Centre Island That Doubles As A Breakfast Bar. Enjoy Sunny Morning Coffees, Gorgeous Sunsets, & Evening Glasses Of Wine Overlooking A Symphony Of City Lights, All From Your 100+ SF Balcony! Generously Sized Primary Bdrm Is Equipped With 4-Pc Ensuite, Large Double Closet, & More Floor-To-Ceiling Windows! The Den Is Perfect For A Dining Area/Office/Book Nook/Hobby Room. This Unit Also Features Ensuite Laundry & Real Hardwood Flrs Throughout! Investors Take Note... Unit Fetches Up To $4K/Month On Airbnb, & Is Condo Corp Approved. All Occasions, Desires, Needs, & Lifestyles Can Be Accommodated Mere Steps From Your Front Door! Immerse Yourself In The Local Rhythm With The Renowned Restaurants & Clubs Of Church St, & The Energetic Nightlife Of Yonge & Dundas. Exceptional Proximity To Both Dundas & Queen Stations/Nathan Phillips Sq/Eaton Centre/TMU/George Brown/St. Michael's Hospital/Theatres/Music Venues/Grocery Stores/Cafes/Boutique Shops, & Much More Waiting To Be Discovered! If You've Been Looking For A Unit That Punches Well-Above Its Price Point, Look No Further!!
Estimate your monthly payments for this property
Estimated Payment
$2,898.17/mo
Includes CMHC insurance ($15,760)
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.
220 Victoria Street Unit 1709, 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 $941/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.
Market Position
At 20 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 $2,354 (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.