$1,590,000 - 284 King Street, Cabbagetown
Condo for Sale in Cabbagetown
- MLS Number
- C13231366
- Property Type
- Condo
- Status
- active
- Days on Site
- 16
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- ROCK STAR REAL ESTATE INC.
Welcome to Bauhaus! Be the very first to live in this spectacular, brand-new southwest corner suite WITH PARKING at 284 King St E. Spanning just over 1,000 sq ft, this meticulously designed 2-bedroom, 2-bathroom (5 piece and 4 piece) layout offers soaring 9-ft ceilings and floor-to-ceiling glass walls that flood the space with natural light. With only 4 suites on the 28th floor this condo is not long and narrow like others and has a great layout that is like having 2 separate living spaces. Enjoy unobstructed, breathtaking lake views and an incredible downtown vista featuring the CN Tower from your large balcony (with dual walkouts from the living room and second bedroom) which includes a glass wall to maximize the South West view. The ultra-modern chef's kitchen boasts premium quartz countertops and rare gas cooking. Bonus: Comes with an owned parking spot accessed via a state-of-the-art car elevator for seamless, quick building access. Boasting a perfect 100 Transit, Pedestrian & 89% Bike Score, commuting is an absolute breeze. A Bike Share Toronto station sits directly across the street, the 504 Streetcar is at your doorstep, and the future Ontario Line (Distillery District Station) is just one block away. Unbeatable location directly across from George Brown College St. James Campus and a short stroll to the historic Distillery District, St. Lawrence Market, Corktown, and the lush green space of St. James Park. Walk to Starbucks, groceries, and the LCBO in minutes. Building Amenities will include: Fully equipped gym, party room, makers room, children's playroom, BBQ area, bocce court, and a pet grooming station.
Estimate your monthly payments for this property
Estimated Payment
$7,033.11/mo
5-yr fixed avg.
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.
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
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.
284 King Street, Regent Park / Cabbagetown / St. James Town
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Premium Pricing
At $1590/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.
Market Position
At 16 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.
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 $6,625 (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.