3 Gloucester Street Unit 610, Toronto C08

Price: $499,000

0 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C13017034

Prime Location in Heart of Downtown! 4 Years New Studio Unit at Prestigious "Gloucester on Yonge". Rare 458 S.F w/ 10' Ceiling! Bright & Spacious Layout. Laminate Flooring Throughout. Unobstructed East Views with Large Windows. Modern Kitchen w/ High End B/I Appliances, Quartz Countertop, Backsplash & Valance lighting. Marble Vanity in Bathroom. 5 Star Amenities: 24 hrs Concierge. Fitness Centre/ Outdoor Swimming Pool/ Yoga, Guest Suites. Theatre/Presentation Room, Meeting Room, Library, Coffee Bar, Lounge/Kitchen, Concord Biospace Systems. Steps to Park, Public Transit & Restaurants, Close to Shopping, Yorkville & Name Brand Boutiques on Bloor...Walking Distance to "U of T" & "TMU"...

3 Gloucester Street Unit 610 - Condo photo 1 of 30 in Regent Park / Cabbagetown / St. James Town, Ontario
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New Listing
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$499,000 - 3 Gloucester Street Unit 610, Cabbagetown

Condo for Sale in Cabbagetown

New — Listed yesterday
0Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C13017034
Property Type
Condo
Status
active
Days on Site
1
Bedrooms
0
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
None
Exposure
East
Balcony
None
Listing Brokerage
HOMELIFE LANDMARK RH REALTY
Description

Prime Location in Heart of Downtown! 4 Years New Studio Unit at Prestigious "Gloucester on Yonge". Rare 458 S.F w/ 10' Ceiling! Bright & Spacious Layout. Laminate Flooring Throughout. Unobstructed East Views with Large Windows. Modern Kitchen w/ High End B/I Appliances, Quartz Countertop, Backsplash & Valance lighting. Marble Vanity in Bathroom. 5 Star Amenities: 24 hrs Concierge. Fitness Centre/ Outdoor Swimming Pool/ Yoga, Guest Suites. Theatre/Presentation Room, Meeting Room, Library, Coffee Bar, Lounge/Kitchen, Concord Biospace Systems. Steps to Park, Public Transit & Restaurants, Close to Shopping, Yorkville & Name Brand Boutiques on Bloor...Walking Distance to "U of T" & "TMU"...

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,560.13/mo

Includes CMHC insurance ($13,922)

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5%10%50%

5-yr fixed avg.

Principal: $449,100Interest: $305,016
Mortgage Amount$463,022
Total Interest$305,016
Est. Property Tax$353/mo
Total Cost$768,039

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

3 Gloucester Street Unit 610, 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)
3.2%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$975
Property Tax (est.)-$353
Insurance (est.)-$104
Net Cash Flow+$1,328

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

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.

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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