28 Eastern Avenue Unit LPH16, Toronto C08

Price: $299,999

0 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C13095000

Welcome to LPH16 at 28 Eastern Ave-your downtown Toronto escape with penthouse energy on a lower level. This south-facing studio is thoughtfully designed with brand-new built-in appliances, ensuite laundry, and sleek modern finishes, offering both style and function in one efficient space. Step outside and immerse yourself in the best of city living-just moments to St. Lawrence Market, the Distillery District, cafés, shops, and transit.Experience more than just a home-enjoy a lifestyle. Indulge in premium amenities including rooftop terraces with fire pits, sun deck, BBQ areas, co-working spaces, fitness centre, pet spa, sculpture garden, and private outdoor work pods. With concierge service, security, and everyday convenience at your fingertips, everything you need is right here.Perfect for first-time buyers, investors, or urban professionals-this is your city sanctuary where work, play, and relaxation come together. Own it. Live it. Love it.

28 Eastern Avenue Unit LPH16 - Condo photo 1 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
28 Eastern Avenue Unit LPH16 - Condo photo 2 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
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28 Eastern Avenue Unit LPH16 - Condo photo 5 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
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$299,999 - 28 Eastern Avenue Unit LPH16, Cabbagetown

Condo for Sale in Cabbagetown

40 days on market
0Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C13095000
Property Type
Condo
Status
active
Days on Site
40
Bedrooms
0
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
Owned
Exposure
South
Balcony
None
Listing Brokerage
REAL BROKER ONTARIO LTD.
Description

Welcome to LPH16 at 28 Eastern Ave-your downtown Toronto escape with penthouse energy on a lower level. This south-facing studio is thoughtfully designed with brand-new built-in appliances, ensuite laundry, and sleek modern finishes, offering both style and function in one efficient space. Step outside and immerse yourself in the best of city living-just moments to St. Lawrence Market, the Distillery District, cafés, shops, and transit.Experience more than just a home-enjoy a lifestyle. Indulge in premium amenities including rooftop terraces with fire pits, sun deck, BBQ areas, co-working spaces, fitness centre, pet spa, sculpture garden, and private outdoor work pods. With concierge service, security, and everyday convenience at your fingertips, everything you need is right here.Perfect for first-time buyers, investors, or urban professionals-this is your city sanctuary where work, play, and relaxation come together. Own it. Live it. Love it.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,539.15/mo

Includes CMHC insurance ($8,370)

$
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5%10%50%

5-yr fixed avg.

Principal: $269,999Interest: $183,376
Mortgage Amount$278,369
Total Interest$183,376
Est. Property Tax$212/mo
Total Cost$461,745

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 LPH16, 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)
6.0%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$975
Property Tax (est.)-$212
Insurance (est.)-$62
Net Cash Flow+$1,511

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 40 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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