28 Freeland Street Unit 2809, Toronto C08

Price: $1,179,000

3 bedrooms, 2 bathrooms

900 sqft

Property Type: New Construction

MLS#: C13216806

Welcome to Suite 2809 at 28 Freeland Street - a stunning 2-bedroom plus den residence offering approximately 985 sq. ft. of modern living space with breathtaking Lake Ontario and city views. This bright and spacious corner suite features a functional open-concept layout, floor-to-ceiling windows, and a large wrap-around balcony perfect for relaxing or entertaining. The versatile den is ideal for a home office, guest space, or additional living area. Enjoy a sleek modern kitchen, generous principal rooms, quality finishes, and the convenience of one parking space. Located in the heart of Toronto's vibrant waterfront community, steps to the Financial District, Union Station, Scotiabank Arena, Harbourfront, restaurants, shops, transit, and all downtown amenities. An exceptional opportunity for end-users or investors seeking luxury, location, and lifestyle. The property is tenanted. The images are shown of the vacant property and virtually staged.

28 Freeland Street Unit 2809 - New Construction photo 1 of 33 in Regent Park / Cabbagetown / St. James Town, Ontario
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28 Freeland Street Unit 2809 - New Construction photo 30 of 33 in Regent Park / Cabbagetown / St. James Town, Ontario
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active
New Listing
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$1,179,000 - 28 Freeland Street Unit 2809, Cabbagetown

New Construction for Sale in Cabbagetown

New — Listed yesterday
3Beds
2Baths
900Sq Ft
New Construction
Property Details
MLS Number
C13216806
Property Type
New Construction
Status
active
Days on Site
1
Bedrooms
3
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
None
Exposure
South East
Balcony
Open
Listing Brokerage
SAM MCDADI REAL ESTATE INC.
Description

Welcome to Suite 2809 at 28 Freeland Street - a stunning 2-bedroom plus den residence offering approximately 985 sq. ft. of modern living space with breathtaking Lake Ontario and city views. This bright and spacious corner suite features a functional open-concept layout, floor-to-ceiling windows, and a large wrap-around balcony perfect for relaxing or entertaining. The versatile den is ideal for a home office, guest space, or additional living area. Enjoy a sleek modern kitchen, generous principal rooms, quality finishes, and the convenience of one parking space. Located in the heart of Toronto's vibrant waterfront community, steps to the Financial District, Union Station, Scotiabank Arena, Harbourfront, restaurants, shops, transit, and all downtown amenities. An exceptional opportunity for end-users or investors seeking luxury, location, and lifestyle. The property is tenanted. The images are shown of the vacant property and virtually staged.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,215.11/mo

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5%20%50%

5-yr fixed avg.

Principal: $943,200Interest: $621,334
Mortgage Amount$943,200
Total Interest$621,334
Est. Property Tax$835/mo
Total Cost$1,564,534

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 Freeland Street Unit 2809, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,800/mo
Range: $2,380 - $3,220
Cap Rate (ROI)
1.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,800
Maintenance Fees-$0
Property Tax (est.)-$835
Insurance (est.)-$246
Net Cash Flow+$1,719

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 $1310/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 900 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.

Starter Home Potential

3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.

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 $4,913 (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 2809 | $1,179,000 | Battaglia Team