$488,888 - 51 Trolley Crescent Unit 802, Cabbagetown
Condo for Sale in Cabbagetown
46 days on market- MLS Number
- C13066852
- Property Type
- Condo
- Status
- active
- Days on Site
- 46
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- CENTURY 21 LEADING EDGE REALTY INC.
STUNNING loft-style condo in one of the first buildings in the city to achieve LEED Gold certification! This bright and spacious suite features floor-to-ceiling windows showcasing unobstructed panoramic city views, complemented by a thoughtfully designed open-concept layout. The generously sized bedroom comfortably accommodates a king-sized bed, includes a large walk-in closet, and offers direct access to the balcony-perfect for relaxing while taking in the skyline. Experience true industrial-chic living with 10-ft exposed concrete ceilings, galvanized spiral ductwork, floor-to-ceiling windows, and carpet-free flooring throughout. The sleek European kitchen is equipped with quartz countertops and stainless steel appliances, ideal for both entertaining and everyday living. Residents enjoy access to exceptional amenities, including a fully equipped gym, multiple party rooms, guest suites, 24-hour security, and visitor parking, along with shared access to an outdoor pool and BBQ area. Ideally located just steps from the Distillery District, Leslieville, St. Lawrence Market, Corktown Common, and scenic bike trails. With a Walk Score of 98, Transit Score of 92, and Bike Score of 99, this is an opportunity you don't want to miss!
Estimate your monthly payments for this property
Estimated Payment
$2,508.25/mo
Includes CMHC insurance ($13,640)
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.
51 Trolley Crescent Unit 802, 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 $978/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.
Negotiation Opportunity
At 46 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.
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.