$2,100/mo - 47 Mutual Street Unit 1306, Cabbagetown
Condo for Rent in Cabbagetown
89 days on market- MLS Number
- C12897984
- Property Type
- Condo
- Status
- active
- Days on Site
- 89
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- EXP REALTY
Welcome to Suite 1306 at 47 Mutual Street, where your "just renting" era gets a serious glow-up. Located in the brand-new (2024) Garden District Condos, this 1-bedroom + media space stunner delivers style, function, and a view that might just make your friends linger a little longer.Step inside and you're greeted with 9-foot ceilings and dramatic floor-to-ceiling, wall-to-wall windows that flood the space with natural light and serve up a clear panoramic city view...yes, the kind you pretend you're used to but secretly admire every morning. The open-concept galley kitchen is sleek and modern, featuring fully integrated high-end appliances and an upgraded breakfast bar perfect for quick bites, late-night snacks, or your "I'll just check one email" moments that turn into an hour. The versatile media space is ideal for a compact home office, creative corner, or command center for your next big idea. The bedroom is fully enclosed (because privacy matters), complete with floor-to-ceiling windows, a clear north-facing view, and a double closet to keep things effortlessly organized. Over $16K in upgrades elevate the unit even further, including a designer double bed frame that's ready to impress from day one. And the building? It's basically your extended living room. Enjoy top-tier amenities like a fully equipped fitness centre, yoga studio, co-working spaces, party room, outdoor terrace with BBQs, guest suites. All of this in a prime downtown location with a perfect 100 walk and transit score, meaning your car might start to feel a little neglected. Stylish, functional, and just the right amount of "wow"... this one's ready for you to move in and never look back.
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.
47 Mutual Street Unit 1306, 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
Competitive Rent
At $2,100/mo, this is priced below the typical 2-bedroom rent of ~$2,900/mo in Cabbagetown. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Negotiation Opportunity
At 89 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.
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.
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.