$2,198,000 - 39 Queens Quay Unit TH115, Cabbagetown
Condo for Sale in Cabbagetown
46 days on market- MLS Number
- C13065726
- Property Type
- Condo
- Status
- active
- Days on Site
- 46
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,800 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Luxury Lakeside Living at 39 Queens Quay! Exceptional Townhouse Offering Nearly 2,000 sq ft In One of Toronto's Most Desirable Waterfront Communities. Featuring 10 ft Smooth Ceilings On Both Levels, Hardwood Floors Throughout, and a Modern Kitchen With Built-In Appliances, Gas Cooktop, Quartz Countertops, Under-Cabinet Lighting, and a Fully Integrated Hood Fan.Wood Staircases and a Private Elevator Add Comfort and Sophistication. Second Level Offers 2 Oversized Bedrooms, 2 Full Bathrooms With Glass Showers, and a Large Den that Can Serve as a Third Bedroom or Office. Lower Level With Direct Access to Private Parking. Enclosed Patio with Natural Gas BBQ Hookup - Perfect For Relaxing or Entertaining. Just 10 Steps to the Outdoor Pool and 20 steps to Lake Ontario. 5-Star Amenities: 24-hr Concierge With Enhanced Security, Indoor & Outdoor Pools, Fitness/Yoga Studios, Spa, Steam/Sauna, Lounge, Theatre, Guest Suites, and Party Room.Prime Location Near the Waterfront, Marinas, Ferry Terminals, Harbourfront, Sugar Beach, Cherry Beach, Major Venues, Billy Bishop Airport, Union Station, and Easy Access to Major Highways. Surrounded by Shops, Restaurants, and Cafés. Direct Access to the Martin Goodman Trail - a 56 km Waterfront Path Ideal For Walking, Jogging, and Cycling, Stretching Across the City Along Queen Quay and Lakeshore. Quiet, Tucked-Away Luxury Where City Living Meets Waterfront Calm.
Estimate your monthly payments for this property
Estimated Payment
$9,722.50/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.
39 Queens Quay Unit TH115, Regent Park / Cabbagetown / St. James Town
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $1221/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.
Negotiation Opportunity
At 46 days on site, this property has exceeded the typical selling timeline for Cabbagetown. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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 $9,158 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.