251 Jarvis Street Unit 2901, Toronto C08

Price: $388,000

1 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C13109640

Own a piece of the Toronto skyline at an incredibly accessible price point. This bright and modern suite sits high on the 29th floor with unobstructed city views. Convenient location with short term rentals allowed. Steps to Eaton Centre, subway, Metropolitan University, restaurants, and subway. The building offers full range of amenities including outdoor pool, rooftop gardens, co- working lounge, fitness centre, guest suites, party room, and more. An exceptional opportunity for first-time buyers and investors alike. Short-term rentals permitted, offering outstanding flexibility and strong income potential in one of Toronto's most connected urban locations.

251 Jarvis Street Unit 2901 - Condo photo 1 of 30 in Regent Park / Cabbagetown / St. James Town, Ontario
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$388,000 - 251 Jarvis Street Unit 2901, Cabbagetown

Condo for Sale in Cabbagetown

36 days on market
1Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C13109640
Property Type
Condo
Status
active
Days on Site
36
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
CENTURY 21 ATRIA REALTY INC.
Description

Own a piece of the Toronto skyline at an incredibly accessible price point. This bright and modern suite sits high on the 29th floor with unobstructed city views. Convenient location with short term rentals allowed. Steps to Eaton Centre, subway, Metropolitan University, restaurants, and subway. The building offers full range of amenities including outdoor pool, rooftop gardens, co- working lounge, fitness centre, guest suites, party room, and more. An exceptional opportunity for first-time buyers and investors alike. Short-term rentals permitted, offering outstanding flexibility and strong income potential in one of Toronto's most connected urban locations.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,990.64/mo

Includes CMHC insurance ($10,825)

$
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5%10%50%

5-yr fixed avg.

Principal: $349,200Interest: $237,167
Mortgage Amount$360,025
Total Interest$237,167
Est. Property Tax$275/mo
Total Cost$597,192

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

251 Jarvis Street Unit 2901, 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)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$975
Property Tax (est.)-$275
Insurance (est.)-$81
Net Cash Flow+$1,029

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

Market Position

At 36 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 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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    251 Jarvis Street Unit 2901, Re… — $388,000 | Battaglia Team