$465,000 - 460 Adelaide Street Unit 611, Cabbagetown
Condo for Sale in Cabbagetown
New — Listed 4 days ago- MLS Number
- C13159228
- Property Type
- Condo
- Status
- active
- Days on Site
- 4
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- THE CONDO STORE REALTY INC.
Welcome to Axiom Condos - a beautifully designed 1-bedroom suite in the heart of downtown Toronto featuring one of the most functional and livable layouts you'll find on the market today. Thoughtfully designed from an era when builders prioritized usable space over gimmicks, this intelligently laid out unit offers a clean rectangular footprint with no wasted corners, maximizing every square foot for comfortable everyday living. The long wall of floor-to-ceiling windows floods the space with natural light and creates an airy, open atmosphere throughout. The standout feature is the incredible approximately 300 sq ft private terrace overlooking the peaceful courtyard - an extension of your living space that's perfect for outdoor dining, entertaining, gardening, or simply enjoying a quiet escape in the middle of the city. A full-sized kitchen provides excellent functionality and storage, while the included locker adds valuable extra space rarely found in downtown living. Located in one of Toronto's most exciting and rapidly evolving neighborhoods, you're perfectly positioned between the historic charm of the Distillery District, the vibrant energy of St. Lawrence Market, and the growing east downtown core. Enjoy some of the city's best cafés, restaurants, breweries, and boutique fitness studios just steps from your door, along with easy access to the Corktown Common, waterfront trails, and the Martin Goodman Trail. Commuting is effortless with quick access to the King Streetcar, the Don Valley Parkway, and the downtown core. This is urban living done properly - functional, stylish, and perfectly connected to everything that makes Toronto one of the best cities in the world to call home.
Estimate your monthly payments for this property
Estimated Payment
$2,385.69/mo
Includes CMHC insurance ($12,974)
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.
460 Adelaide Street Unit 611, Regent Park / Cabbagetown / St. James Town
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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
Fair Market Value
At $930/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.
Efficient Living
At 500 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
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.