$3,400/mo - 45 Carlton Street Unit 309, Cabbagetown
Condo for Rent in Cabbagetown
104 days on market- MLS Number
- C12856574
- Property Type
- Condo
- Status
- active
- Days on Site
- 104
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Ensuite
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- KW Living Realty
Welcome to Lexington Condos at 45 Carlton Street! Discover approximately 1,300 sq. ft. of spacious downtown living-plus a rare 200 sq. ft. private balcony/terrace-in one of the city's most convenient and vibrant locations at Yonge & Carlton. This beautiful 2-Bedroom, 2-Bathroom suite offers a smart, functional floor plan with Torlys engineered hardwood throughout and three walkouts to a large outdoor retreat. The open- concept living and dining area is exceptionally generous, easily accommodating full-size furniture, while oversized windows fill the home with natural light-perfect for everyday living and effortless entertaining. You simply can't beat this location: steps to College Subway Station & Streetcars, and a short walk to U of T, TMU, Queen's Park, World-Class Hospitals, Eaton Centre, Dining, Shopping, and Entertainment. Directly across from the Historic Maple Leaf Gardens (now Loblaws). Residents enjoy resort-style amenities, including 24/7 Concierge & Security, Fully equipped gym & indoor running track, Indoor pool & Sauna, Squash & Racquet Courts, Crafts/woodworking room, Party, Conference, Billiards, Snooker & Ping-Pong rooms, Library with Children's Play Zone, Outdoor sundeck with BBQs, Bike storage & Visitor Parking. The Lexington is a well-managed building with long-time residents, friendly staff, and a true sense of community-an increasingly rare find in downtown Toronto. More room to live and work comfortably, this suite is a standout choice and comes with parking.
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.
45 Carlton Street Unit 309, Regent Park / Cabbagetown / St. James Town
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $3,400/mo, this is asking above the typical 2-bedroom rent of ~$2,900/mo in Cabbagetown. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
Negotiation Opportunity
At 104 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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.
Let's Walk Through It Together
Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.