39 Old Brewery Lane Unit 3, Toronto C08

Price: $1,318,000

3 bedrooms, 2 bathrooms

1,400 sqft

Property Type: Condo

MLS#: C13418108

Welcome to Malthouse Lofts - a three-storey loft residence whose gut renovation earned a 2023 RenoMark Awards GTA finalist nomination for Best Condominium Renovation Over $200,000. This was no cosmetic refresh. It's a ground-up reimagining of one of Toronto's most storied historic buildings, where turn-of-the-century character meets a level of finish that can't be replicated in new construction.Over 1,400 sq ft unfolds across three levels beneath soaring 10-ft ceilings, where original exposed brick, wide-plank hardwood, designer brass fixtures and a statement skylight come together in harmony. The main level sets the tone: an oversized bedroom, a full bath finished in matte black with a striking patterned-tile floor, integrated Miele laundry, Skona cabinetry, and heated floors throughout. The second level is made for entertaining - an open-concept kitchen, living and dining space framed by exposed brick and oversized windows, anchored by custom two-tone cabinetry, stone countertops and stainless appliances.The upper level is where the home truly elevates. The primary bedroom offers generous built-in closets and a spa-inspired ensuite wrapped in hand-glazed teal tile, complete with a double vanity and brass sconces. The third bedroom makes a statement of its own, with a dramatic brick feature wall and the flexibility to serve as a bedroom, home office or studio. And crowning it all: a private 340 sq ft rooftop terrace - your own open-air retreat above the historic district.Underground parking and a locker are included. Step outside and you're met with DVP trails, parks, a farmers' market, tennis courts and dog-friendly greens. Leslieville, the Distillery District and St. Lawrence Market are all within easy reach, the Financial District sits roughly 2 km away, and streetcar plus DVP/Gardiner access puts the city at your fingertips.Historic soul. Award-recognized craftsmanship. Three levels, three bedrooms, two designer baths, and a rooftop all your own.

39 Old Brewery Lane Unit 3 - Condo photo 1 of 50 in Regent Park / Cabbagetown / St. James Town, Ontario
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active
New Listing
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$1,318,000 - 39 Old Brewery Lane Unit 3, Cabbagetown

Condo for Sale in Cabbagetown

New — Listed 2 days ago
3Beds
2Baths
1,400Sq Ft
Condo
Property Details
MLS Number
C13418108
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
2
Square Feet
1,400 sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
Exclusive
Exposure
West
Balcony
Terrace
Listing Brokerage
ZOLO REALTY
Description

Welcome to Malthouse Lofts - a three-storey loft residence whose gut renovation earned a 2023 RenoMark Awards GTA finalist nomination for Best Condominium Renovation Over $200,000. This was no cosmetic refresh. It's a ground-up reimagining of one of Toronto's most storied historic buildings, where turn-of-the-century character meets a level of finish that can't be replicated in new construction.Over 1,400 sq ft unfolds across three levels beneath soaring 10-ft ceilings, where original exposed brick, wide-plank hardwood, designer brass fixtures and a statement skylight come together in harmony. The main level sets the tone: an oversized bedroom, a full bath finished in matte black with a striking patterned-tile floor, integrated Miele laundry, Skona cabinetry, and heated floors throughout. The second level is made for entertaining - an open-concept kitchen, living and dining space framed by exposed brick and oversized windows, anchored by custom two-tone cabinetry, stone countertops and stainless appliances.The upper level is where the home truly elevates. The primary bedroom offers generous built-in closets and a spa-inspired ensuite wrapped in hand-glazed teal tile, complete with a double vanity and brass sconces. The third bedroom makes a statement of its own, with a dramatic brick feature wall and the flexibility to serve as a bedroom, home office or studio. And crowning it all: a private 340 sq ft rooftop terrace - your own open-air retreat above the historic district.Underground parking and a locker are included. Step outside and you're met with DVP trails, parks, a farmers' market, tennis courts and dog-friendly greens. Leslieville, the Distillery District and St. Lawrence Market are all within easy reach, the Financial District sits roughly 2 km away, and streetcar plus DVP/Gardiner access puts the city at your fingertips.Historic soul. Award-recognized craftsmanship. Three levels, three bedrooms, two designer baths, and a rooftop all your own.

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Estimated Payment

$5,829.96/mo

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5-yr fixed avg.

Principal: $1,054,400Interest: $694,588
Mortgage Amount$1,054,400
Total Interest$694,588
Est. Property Tax$934/mo
Total Cost$1,748,988

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.

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Walk Score
Varies
Price Range

39 Old Brewery Lane Unit 3, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

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Estimated Monthly Rent
$3,080/mo
Range: $2,618 - $3,542
Cap Rate (ROI)
0.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,080
Maintenance Fees-$910
Property Tax (est.)-$934
Insurance (est.)-$275
Net Cash Flow+$961

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

Fair Market Value

At $941/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.

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.

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 $5,492 (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.

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    39 Old Brewery Lane Unit 3, R… — $1,318,000 | Battaglia Team