$2,099,000 - 29 Queens Quay Unit Th 115, Cabbagetown
Condo for Sale in Cabbagetown
38 days on market- MLS Number
- C13091022
- Property Type
- Condo
- Status
- active
- Days on Site
- 38
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,600 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Where the city meets the waterfront Location Location Location Why drive to work when you can walk? Perfectly situated at the bottom of Yonge Street where the vibrant heart of the City meets the calming waterfront, this beautifully appointed executive townhouse places the financial district, top-tier shopping, acclaimed restaurants, theaters, sports centers, and transit all within walking distance. One of only eight in a gated courtyard, this 2-bedroom + office area, 2.5 bath residence offers refined comfort and smart convenience. 10-foot ceilings, wide plank solid oak floors through-out, and a custom fireplace set the tone for elegant living. Open floor plan, features gourmet kitchen, with granite countertops and matching backsplash, Miele and Subzero appliances, gas cooktop, breakfast bar, and custom cabinetry. And a custom fireplace set the tone for elegant living. Private in-suite elevator providing seamless access to all levels of the townhouse. Electronic blinds allow for effortless light control and privacy. Step outside to your private patio overlooking the landscaped courtyard-complete with a gas hookup for easy outdoor dining. A private in-suite elevator connects all three levels, 2 parking spots (side by side) are located outside your door. A separate storage locker adds even more convenience. Enjoy access to premium, resort style amenities: indoor and outdoor pool, fitness room, dry and steam rooms, guest suites, party room, theatre room library, and 24 hr concierge. A rare offering of luxury, lifestyle, and unbeatable location all in one sophisticated retreat. And 24 hour concierge, visitor parking. Walking distance to Union Station. ACC.And close to the QEW and the Don Valley.
Estimate your monthly payments for this property
Estimated Payment
$9,284.58/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.
29 Queens Quay Unit Th 115, 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 $1312/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 38 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.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $8,746 (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.