$996,899 - 539 Jarvis Street Unit PH7, Cabbagetown
Condo for Sale in Cabbagetown
93 days on market- MLS Number
- C12893242
- Property Type
- Condo
- Status
- active
- Days on Site
- 93
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- North West
- Balcony
- Terrace
- Listing Brokerage
- SUTTON GROUP-ASSOCIATES REALTY INC.
The Best Downtown Has To Offer! This 3-Level, 2 Bed/2Bath Townhome Offers 1256 Sq.Ft. Privacy, Great Security, And Peace In The Heart Of Downtown. Great for Entertaining, This Townhome Has A Very Large Private Roof Terrace, And Enjoying Spectacular City Views. Recently Renovated With New Hardwood Floors & Banisters, Freshly Painted, And New Lighting Throughout, This Spacious and Bright Townhome Features An Open Concept Main Floor Kitchen, Dining and Living Room. The Kitchen Includes Whirlpool Stainless Steel Refrigerator, Microwave And Range, and A Newer Dishwasher (2023) And Lots of Counter Space (Granite Counter Tops). The Second Floor Features A Large Primary Bedroom with Walk-In Closet and Ensuite 5-Pc Bath, A 2nd Bedroom And A 3-Pc Bath with Laundry. Located On The Third Floor, The Office Area Is A Bright Space To Work With Lots of Natural Light AND Walk-Out To A Spacious Open Air Terrace With A Covered Area That's Perfect For An Outdoor Kitchen and BBQ (Gas Hookup). The Utility Room With The Tankless Hot Water Heater (Owned), a Central A/C unit (Owned) And Furnace (Owned) Offers Additional Storage. This Beautiful Townhome Includes A Parking Spot In The Secure Underground Parking And A Locker On The Same Level. This Spacious Townhome Feels Like A House In A Quiet Neighbourhood With The Added Convenience Of A Well Managed Condo AND Access To Everything Bloor Street and Yorkville Have To Offer. This Amazing Location Gets A Perfect Walking Score - TTC, 4 Grocery Stores Within Walking Distance, Good Schools, The ROM, TMU and UofT, Shopping on Bloor Street and Yorkville, Restaurants, Bars and Pubs Nearby. PLUS, Easy Access to DVP, Union Station, and Gardiner Expressway. Watch the Property Tour Video.
Estimate your monthly payments for this property
Estimated Payment
$5,114.61/mo
Includes CMHC insurance ($27,813)
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.
539 Jarvis Street Unit PH7, 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 $831/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 93 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.
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 $4,154 (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.