585 Bloor St N/A Unit 2019, Toronto C08

Price: $449,000

2 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: C13155906

Looking for a downtown Toronto condo in the Yonge & Bloor neighbourhood with iconic CN Tower views? Look no Welcome to 585 Bloor Street East - a stunning 2021 - built residence by Tridel, one of Canada's most trusted developers, setting a new standard for modern condo living. This beautifully designed 1-bedroom + den, 1-bath suite offers approximately 550 sq ft of efficient, contemporary space, perched on the 20th floor with breathtaking south-facing views of the CN Tower. The functional layout maximizes every inch, ideal for professionals, first-time buyers, or investors. Located just steps to Yonge & Bloor, Yorkville, and the University of Toronto, you're surrounded by world-class shopping, dining, transit, and everyday conveniences in one of Toronto's most sought-after neighbourhoods. Residents enjoy premium amenities, including a state-of-the-art fitness centre, outdoor pool, kids' play area, and private theatre room-designed to elevate your lifestyle year-round. An incredible opportunity to own a brand-new Tridel property in a prime downtown location withoiur the premium price tag. Don't miss out-book your private showing today.

585 Bloor St N/A Unit 2019 - Condo photo 1 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
585 Bloor St N/A Unit 2019 - Condo photo 2 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
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585 Bloor St N/A Unit 2019 - Condo photo 5 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
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585 Bloor St N/A Unit 2019 - Condo photo 20 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
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active
New Listing
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$449,000 - 585 Bloor St N/A Unit 2019, Cabbagetown

Condo for Sale in Cabbagetown

New — Listed 4 days ago
2Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
C13155906
Property Type
Condo
Status
active
Days on Site
4
Bedrooms
2
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
None
Exposure
South East
Balcony
Enclosed
Listing Brokerage
IRISE
Description

Looking for a downtown Toronto condo in the Yonge & Bloor neighbourhood with iconic CN Tower views? Look no Welcome to 585 Bloor Street East - a stunning 2021 - built residence by Tridel, one of Canada's most trusted developers, setting a new standard for modern condo living. This beautifully designed 1-bedroom + den, 1-bath suite offers approximately 550 sq ft of efficient, contemporary space, perched on the 20th floor with breathtaking south-facing views of the CN Tower. The functional layout maximizes every inch, ideal for professionals, first-time buyers, or investors. Located just steps to Yonge & Bloor, Yorkville, and the University of Toronto, you're surrounded by world-class shopping, dining, transit, and everyday conveniences in one of Toronto's most sought-after neighbourhoods. Residents enjoy premium amenities, including a state-of-the-art fitness centre, outdoor pool, kids' play area, and private theatre room-designed to elevate your lifestyle year-round. An incredible opportunity to own a brand-new Tridel property in a prime downtown location withoiur the premium price tag. Don't miss out-book your private showing today.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,303.60/mo

Includes CMHC insurance ($12,527)

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5-yr fixed avg.

Principal: $404,100Interest: $274,454
Mortgage Amount$416,627
Total Interest$274,454
Est. Property Tax$318/mo
Total Cost$691,081

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.

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Neighbourhood Guide: Regent Park / Cabbagetown / St. James Town

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

585 Bloor St N/A Unit 2019, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
3.9%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$325
Property Tax (est.)-$318
Insurance (est.)-$94
Net Cash Flow+$1,463

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $898/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.

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.

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