28 Freeland Street Unit 1504, Toronto C08

Price: $790,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: New Construction

MLS#: C13418218

Luxury 3 Year New, bright & spacious 1+1 Corner Unit At Prestige One Yonge for sale! Unit offers 696 sq.ft + large balcony 217sq.ft!. of interiorspace plus a large wraparound balcony! Functional split-bedroom layout, den can be used as a second bedroom. 9' FeetSmooth Ceiling. TopTo Ceiling Windows, laminate Flooring Thru-Out, S/S Appl W/Quartz Countertop Kitchen, Large Balcony! Steps To UnionStation, GardinerExpress, Financial And The Entertainment Districts, Restaurants, Supermarkets, Eaton Centre...Walkers Paradise: WalkingScore 97! See 3D virtual tour!

28 Freeland Street Unit 1504 - New Construction photo 1 of 39 in Regent Park / Cabbagetown / St. James Town, Ontario
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active
New Listing
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$790,000 - 28 Freeland Street Unit 1504, Cabbagetown

New Construction for Sale in Cabbagetown

New — Listed 5 days ago
2Beds
1Baths
600Sq Ft
New Construction
Property Details
MLS Number
C13418218
Property Type
New Construction
Status
active
Days on Site
5
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
None
Exposure
North West
Balcony
Open
Listing Brokerage
HOMELIFE NEW WORLD REALTY INC.
Description

Luxury 3 Year New, bright & spacious 1+1 Corner Unit At Prestige One Yonge for sale! Unit offers 696 sq.ft + large balcony 217sq.ft!. of interiorspace plus a large wraparound balcony! Functional split-bedroom layout, den can be used as a second bedroom. 9' FeetSmooth Ceiling. TopTo Ceiling Windows, laminate Flooring Thru-Out, S/S Appl W/Quartz Countertop Kitchen, Large Balcony! Steps To UnionStation, GardinerExpress, Financial And The Entertainment Districts, Restaurants, Supermarkets, Eaton Centre...Walkers Paradise: WalkingScore 97! See 3D virtual tour!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,053.11/mo

Includes CMHC insurance ($22,041)

$
$
5%10%50%

5-yr fixed avg.

Principal: $711,000Interest: $482,892
Mortgage Amount$733,041
Total Interest$482,892
Est. Property Tax$560/mo
Total Cost$1,215,933

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.

Ready to get pre-approved?

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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 Freeland Street Unit 1504, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
2.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$560
Insurance (est.)-$165
Net Cash Flow+$1,675

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

Premium Pricing

At $1317/sqft, this property is priced above the Cabbagetown average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

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.

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 $3,292 (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.

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    28 Freeland Street Unit 1504, R… — $790,000 | Battaglia Team