$525,000 - 330 Adelaide Street Unit 1103, Cabbagetown
Condo for Sale in Cabbagetown
- MLS Number
- C13148144
- Property Type
- Condo
- Status
- active
- Days on Site
- 27
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Exclusive
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
If you've been looking for a place that lets you enjoy the best of downtown Toronto living, this boutique 1-bedroom penthouse on the 11th floor is what you've been searching for. The building offers secure entry and a clean, classic lobby. Private, quiet, and well cared for. Inside, the suite has been thoughtfully upgraded with approximately $12k of renovations. You'll find an open-concept kitchen with complete appliance set including fridge and dishwasher, built-in stovetop and oven, and a microwave range hood combo. You'll enjoy the bright living and dining areas with south-facing natural light, and a spacious bedroom with floor-to-ceiling windows and two closets with generous storage space. The upgraded flooring and a unique drop ceiling with pot lights in the living and dining area, give the entire space a fresh, modern feel. Step onto your balcony and take in the clear south city views-perfect for morning coffee or unwinding at the end of the day. The location is desirable. You're just minutes from shops, restaurants, and entertainment along Yonge Street, and within walking distance to the St. Lawrence Market, the Distillery District, and George Brown College. TTC is right at your doorstep, making daily commuting easy. This condo suite comes with one parking spot and one locker, a must have for downtown condo living. The building also features a convenient parcel locker system for secure package delivery. Amenities include a fully equipped fitness centre and a beautiful rooftop patio with panoramic city views and BBQ areas. Perfect for relaxing or hosting friends. Welcome to a stylish, well-upgraded penthouse suite in a boutique building at a prime downtown location, ready for you to move in and enjoy.
Estimate your monthly payments for this property
Estimated Payment
$2,693.52/mo
Includes CMHC insurance ($14,648)
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.
330 Adelaide Street Unit 1103, 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
Fair Market Value
At $1050/sqft, this property is priced in line with current Cabbagetown market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 27 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 500 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.
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 $2,188 (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.