$2,100/mo - 501 Yonge Street Unit 2903, Cabbagetown
Condo for Rent in Cabbagetown
96 days on market- MLS Number
- C12876404
- Property Type
- Condo
- Status
- active
- Days on Site
- 96
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- N/A sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- North
- Balcony
- Juliette
- Listing Brokerage
- KW Living Realty
Welcome to The Teahouse Condos! Experience modern urban living in this stylish residence, ideally located in the prime Yonge &College area. This beautiful one-bedroom plus den suite offers 497 sq. ft. of functional living space with a thoughtfully designed open-concept layout. The suite showcases a sleek contemporary kitchen with stainless steel appliances, floor-to-ceiling windows that fill the home with natural light, and high ceilings that enhance the open, airy atmosphere. Enjoy laminate flooring throughout and a north-facing view with unobstructed city view. Residents enjoy a wealth of luxurious amenities designed for comfort, wellness, and entertainment-including a state-of-the-art fitness centre, yoga studio, indoor pool and hot tub, elegant lounge and dining areas, a serene outdoor terrace and visitor parking. The building also offers 24-hour concierge service and beautifully curated common spaces that embody modern sophistication. Perfectly situated in the heart of downtown Toronto, just steps from the University of Toronto, Toronto Metropolitan University (formerly Ryerson),George Brown College, major hospitals, Queen's Park, TTC subway stations, and the upscale Bloor-Yorkville shopping district.
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.
501 Yonge Street Unit 2903, 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 96 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 0 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.