45 Carlton Street Unit 1114, Toronto C08

Price: $799,900

4 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: C13034464

Welcome to Lexington Condominiums! Rarely offered ~1,250 SQ. FT. CORNER/END UNIT in the heart of Yonge & Carlton-an exceptional size that's increasingly hard to find in today's downtown market. This 2-BEDROOM + SOLARIUM SUITE FEATURES A DESIRABLE SPLIT-BEDROOM LAYOUT, offering both privacy and functionality. Beautifully renovated with NEW HARDWOOD FLOORING (2026) and fresh paint, the unit boasts a spacious open-concept living/dining area and a functional eat-in kitchen. Generously sized bedrooms include a primary retreat with a 4-piece ensuite and double closets. The bright solarium, surrounded by windows, provides flexible space for a home office, nursery, or additional lounge area. Complete with a large foyer closet and separate laundry room with added storage.Unbeatable location-steps to College Station, street cars, shops, restaurants, and Loblaws at Maple Leaf Gardens. Minutes to Eaton Centre, TMU, U of T, hospitals, and more. Full-service building with premium amenities: 24/7 concierge, indoor pool, gym, running track, squash courts, party room, library, sundeck with BBQs, and visitor parking. ALL UTILITIES INCLUDED in maintenance fees. Well-managed building with a strong sense of community-ideal for buyers seeking space, layout, and convenience in downtown Toronto.

45 Carlton Street Unit 1114 - Condo photo 1 of 48 in Regent Park / Cabbagetown / St. James Town, Ontario
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$799,900 - 45 Carlton Street Unit 1114, Cabbagetown

Condo for Sale in Cabbagetown

54 days on market
4Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
C13034464
Property Type
Condo
Status
active
Days on Site
54
Bedrooms
4
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
None
Exposure
North
Balcony
None
Listing Brokerage
RE/MAX EXPERTS
Description

Welcome to Lexington Condominiums! Rarely offered ~1,250 SQ. FT. CORNER/END UNIT in the heart of Yonge & Carlton-an exceptional size that's increasingly hard to find in today's downtown market. This 2-BEDROOM + SOLARIUM SUITE FEATURES A DESIRABLE SPLIT-BEDROOM LAYOUT, offering both privacy and functionality. Beautifully renovated with NEW HARDWOOD FLOORING (2026) and fresh paint, the unit boasts a spacious open-concept living/dining area and a functional eat-in kitchen. Generously sized bedrooms include a primary retreat with a 4-piece ensuite and double closets. The bright solarium, surrounded by windows, provides flexible space for a home office, nursery, or additional lounge area. Complete with a large foyer closet and separate laundry room with added storage.Unbeatable location-steps to College Station, street cars, shops, restaurants, and Loblaws at Maple Leaf Gardens. Minutes to Eaton Centre, TMU, U of T, hospitals, and more. Full-service building with premium amenities: 24/7 concierge, indoor pool, gym, running track, squash courts, party room, library, sundeck with BBQs, and visitor parking. ALL UTILITIES INCLUDED in maintenance fees. Well-managed building with a strong sense of community-ideal for buyers seeking space, layout, and convenience in downtown Toronto.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$4,103.90/mo

Includes CMHC insurance ($22,317)

$
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5%10%50%

5-yr fixed avg.

Principal: $719,910Interest: $488,943
Mortgage Amount$742,227
Total Interest$488,943
Est. Property Tax$567/mo
Total Cost$1,231,170

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

45 Carlton Street Unit 1114, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,320/mo
Range: $2,822 - $3,818
Cap Rate (ROI)
2.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$3,320
Maintenance Fees-$780
Property Tax (est.)-$567
Insurance (est.)-$167
Net Cash Flow+$1,806

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

Competitive Pricing

At $667/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 54 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.

Family-Friendly Layout

4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Cabbagetown. Good resale value as demand remains consistent.

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 $3,333 (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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    45 Carlton Street Unit 1114, Re… — $799,900 | Battaglia Team