$999,999 - 53 St Paul Street, Cabbagetown
Townhouse for Sale in Cabbagetown
New — Listed yesterday- MLS Number
- C13425612
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 1
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Completely reimagined from top to bottom, 53 St. Paul Street is a rare Corktown townhome with over $275,000 in renovations have been executed with genuine care and zero compromise.The main floor commands attention with 10-foot ceilings, pot lights, upgraded designer fixtures, and a custom built-in wall unit. The primary bedroom features custom closets and new blinds. A skylight fills the third bedroom with natural light.The custom kitchen sets the tone with quartz countertops and backsplash, custom cabinetry, designer fixtures, and all-new appliances including a fridge with built-in water and ice dispenser. Both bathrooms have been fully rebuilt: custom vanities, new tile, new fixtures, with a private ensuite off the primary bedroom. Engineered hardwood runs throughout. Custom wooden stairs and railings replace what was there before. A new rooftop deck with sweeping city and skyline views completes the picture.Every mechanical system is brand new and owned outright, energy-efficient tankless water heater and HVAC system no rentals. Central vacuum. Smart home integration throughout: Nest lock, doorbell camera, garage camera, and detectors. Underground parking.Step onto the rooftop and the city opens up. A new wooden deck with sweeping, unobstructed views of the Toronto skyline and CN Tower, the kind of outdoor space that makes this home impossible to forget.Steps to the Distillery District, King Street East, Cherry Beach, and Union Station. This is Corktown at its finest, refined, connected, and completely move-in ready. OPEN HOUSE - Saturday June 13th - 2:00-4:00 PM; Sunday June 14th - 2:00-4:00PM
Estimate your monthly payments for this property
Estimated Payment
$5,130.51/mo
Includes CMHC insurance ($27,900)
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.
53 St Paul Street, 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 $909/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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Cabbagetown have shown strong appreciation as families seek more space.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
Investment Perspective
Looking at this as an investment: Cabbagetown properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $4,167 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.