28 Eastern Avenue Unit 533, Toronto C08

Price: $349,888

0 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C12935388

Best-Priced Studio in the Building! Opportunity to own in one of Toronto's fastest-growing downtown communities. Thoughtfully designed with a sleek, space-efficient layout, this unit features premium finishes, contemporary appliances, and added blinds for enhanced privacy and comfort. Smart storage solutions maximize functionality, making it ideal for urban living. Enjoy unbeatable convenience just steps from the iconic Distillery District, St. Lawrence Market, and the Canary District, with easy access to cafes, restaurants, shops, and everyday essentials. With a perfect transit score, commuting is effortless via TTC, the DVP, and Gardiner Expressway, plus future connectivity from the upcoming Corktown Subway Station. Residents enjoy premium amenities including:24-hour concierge Fully equipped fitness studio Rooftop terrace Co-working spaces and work pods. Perfect for first-time buyers, young professionals, or savvy investors, this is a rare opportunity to own in one of Toronto's most dynamic and fast-growing communities. Seller may consider offering financing to qualified purchasers-an excellent option for those looking for added flexibility.

28 Eastern Avenue Unit 533 - Condo photo 1 of 37 in Regent Park / Cabbagetown / St. James Town, Ontario
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$349,888 - 28 Eastern Avenue Unit 533, Cabbagetown

Condo for Sale in Cabbagetown

77 days on market
0Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C12935388
Property Type
Condo
Status
active
Days on Site
77
Bedrooms
0
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
None
Exposure
East
Balcony
Juliette
Listing Brokerage
POWER 7 REALTY
Description

Best-Priced Studio in the Building! Opportunity to own in one of Toronto's fastest-growing downtown communities. Thoughtfully designed with a sleek, space-efficient layout, this unit features premium finishes, contemporary appliances, and added blinds for enhanced privacy and comfort. Smart storage solutions maximize functionality, making it ideal for urban living. Enjoy unbeatable convenience just steps from the iconic Distillery District, St. Lawrence Market, and the Canary District, with easy access to cafes, restaurants, shops, and everyday essentials. With a perfect transit score, commuting is effortless via TTC, the DVP, and Gardiner Expressway, plus future connectivity from the upcoming Corktown Subway Station. Residents enjoy premium amenities including:24-hour concierge Fully equipped fitness studio Rooftop terrace Co-working spaces and work pods. Perfect for first-time buyers, young professionals, or savvy investors, this is a rare opportunity to own in one of Toronto's most dynamic and fast-growing communities. Seller may consider offering financing to qualified purchasers-an excellent option for those looking for added flexibility.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,795.11/mo

Includes CMHC insurance ($9,762)

$
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5%10%50%

5-yr fixed avg.

Principal: $314,899Interest: $213,871
Mortgage Amount$324,661
Total Interest$213,871
Est. Property Tax$248/mo
Total Cost$538,532

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

28 Eastern Avenue Unit 533, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
5.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$975
Property Tax (est.)-$248
Insurance (est.)-$73
Net Cash Flow+$1,464

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

Negotiation Opportunity

At 77 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 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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    28 Eastern Avenue Unit 533, Reg… — $349,888 | Battaglia Team