39 Queens Quay Unit TH132, Toronto C08

Price: $1,145,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: C13154742

*One oversized parking spot now included! Looking to live at Toronto's most coveted waterfrontresidence? TH132 at Pier 27 delivers. This 1+Den, two bathroom townhouse with 1000+ sq.ft.features a thoughtful layout with a large den that can easily be used as a second bedroom,providing flexible space that adapts to your needs. Love to host? This main floor is built forit. The expansive kitchen flows into a bright, open living area, creating the perfect settingfor dinner parties or cozy nights in. The kitchen features premium Miele appliances and a SubZero fridge, paired with a large, custom-built white marble island that makes cooking andentertaining a dream. In the warmer months, enjoy grilling on your private terrace equippedwith a dedicated gas line. Two storeys of floor to ceiling windows overlooking green space inthis quaint, private courtyard provide a peaceful escape from the city's energy. Over $40,000in recent upgrades include light fixtures, pot lights throughout, custom built-in closets inboth the primary bedroom and den, and automatic dual roller window coverings - see attachedfeature sheet for full list. Never wait for an elevator again! Use your private entrance toenter directly from ground level into soaring 20 ft. ceilings spanning the full height of theunit. Enjoy 10ft ceilings in both the living room and primary suite on the second floor. Inaddition to its private exterior entrance, interior building access places luxury amenitiesjust steps away. 39 Queens Quay boasts indoor & outdoor pools, fitness room with yoga studio,sauna and steam room, theatre room, lounge & party rooms, visitor parking, and guest suites.The location delivers unbeatable convenience. You are minutes from Union Station, FinancialDistrict, and St. Lawrence Market. Groceries are a breeze with Loblaws, Farm Boy, and theflagship LCBO right across the street. At Pier 27, waterfront living isn't just a backdrop;it's your everyday reality.

39 Queens Quay Unit TH132 - Condo photo 1 of 35 in Regent Park / Cabbagetown / St. James Town, Ontario
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active
New Listing
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$1,145,000 - 39 Queens Quay Unit TH132, Cabbagetown

Condo for Sale in Cabbagetown

New — Listed 4 days ago
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
C13154742
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
ROYAL LEPAGE SIGNATURE CONNECT.CA REALTY
Description

*One oversized parking spot now included! Looking to live at Toronto's most coveted waterfrontresidence? TH132 at Pier 27 delivers. This 1+Den, two bathroom townhouse with 1000+ sq.ft.features a thoughtful layout with a large den that can easily be used as a second bedroom,providing flexible space that adapts to your needs. Love to host? This main floor is built forit. The expansive kitchen flows into a bright, open living area, creating the perfect settingfor dinner parties or cozy nights in. The kitchen features premium Miele appliances and a SubZero fridge, paired with a large, custom-built white marble island that makes cooking andentertaining a dream. In the warmer months, enjoy grilling on your private terrace equippedwith a dedicated gas line. Two storeys of floor to ceiling windows overlooking green space inthis quaint, private courtyard provide a peaceful escape from the city's energy. Over $40,000in recent upgrades include light fixtures, pot lights throughout, custom built-in closets inboth the primary bedroom and den, and automatic dual roller window coverings - see attachedfeature sheet for full list. Never wait for an elevator again! Use your private entrance toenter directly from ground level into soaring 20 ft. ceilings spanning the full height of theunit. Enjoy 10ft ceilings in both the living room and primary suite on the second floor. Inaddition to its private exterior entrance, interior building access places luxury amenitiesjust steps away. 39 Queens Quay boasts indoor & outdoor pools, fitness room with yoga studio,sauna and steam room, theatre room, lounge & party rooms, visitor parking, and guest suites.The location delivers unbeatable convenience. You are minutes from Union Station, FinancialDistrict, and St. Lawrence Market. Groceries are a breeze with Loblaws, Farm Boy, and theflagship LCBO right across the street. At Pier 27, waterfront living isn't just a backdrop;it's your everyday reality.

Mortgage Calculator

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Estimated Payment

$5,064.72/mo

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5%20%50%

5-yr fixed avg.

Principal: $916,000Interest: $603,416
Mortgage Amount$916,000
Total Interest$603,416
Est. Property Tax$811/mo
Total Cost$1,519,416

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

39 Queens Quay Unit TH132, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
0.7%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$811
Insurance (est.)-$239
Net Cash Flow+$660

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

Premium Pricing

At $1145/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.

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.

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 $4,771 (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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