$724,999 - 308 Jarvis Street Unit 2505, Cabbagetown
Condo for Sale in Cabbagetown
- MLS Number
- C13206014
- Property Type
- Condo
- Status
- active
- Days on Site
- 22
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTY SERVICES INC.
Step Into The 2-Bedroom + Den, 2-Bathroom Suite In The JAC Condos. This Bright & Spacious Condo is designed for both comfort and style, offering the perfect blend of urban convenience and contemporary living. This 697 Sq. Ft. Unit Features 9-Foot Smooth Ceilings, Large Windows For Abundant Natural Light, 2 Balconies with a total of 122 Sq. Ft, Thoughtfully Laid-Out Open Concept Living And Dining Area Featuring Wide Plank Laminate Flooring Throughout, Modern Kitchen With Quartz Countertops, Integrated/Built-In Appliances, And Sleek Cabinetry. Spacious Primary Bedroom With Private Ensuite, Well Proportioned Second Bedroom, And Versatile Den Ideal For A Home Office Or Study Space. JAC condos offers 5-star amenities including a Sun Deck for relaxation, Rooftop BBQ terrace with stunning views, a state-of-the-art fitness & yoga studio, Meditation Room, Media & E-Sports Lounge, Coffee Bar, Pet Spa, Party Room, Meeting Room, library and even a gardening room. It is harmonious blend of modern living and vibrant community, delivering a fulfilling experience for residents seeking a dynamic and well-appointed urban sanctuary. Walk Score of 98, Steps away from Ryerson University, Allan Gardens, and the vibrant Yonge-Dundas Square. Jarvis and Carlton is a lively destination fueled by art, fashion, food, and an urban green scene that says this is the ultimate downtown. Close proximity to the College Subway Station, Eaton Centre, Loblaws, and St. Michaels Hospital. A short stroll takes you to the University of Toronto, Financial District, and the Distillery District. Easy access to Subway, TTC streetcars and major highways. MOTIVATED SELLER!!
Estimate your monthly payments for this property
Estimated Payment
$3,719.62/mo
Includes CMHC insurance ($20,227)
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.
308 Jarvis Street Unit 2505, 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 $1208/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 22 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.
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.
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 $3,021 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.