$1,349,900 - 60 Princess Street Unit 1419, Cabbagetown
Condo for Sale in Cabbagetown
77 days on market- MLS Number
- C12950424
- Property Type
- Condo
- Status
- active
- Days on Site
- 77
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Exclusive
- Exposure
- South East
- Balcony
- Open
- Listing Brokerage
- HOMELIFE LANDMARK REALTY INC.
Executive Southeast Corner Suite | Unobstructed Lake & City Views. Experience elevated urban living in this expansive just under 1,200 sq. ft. executive suite, perfectly positioned on the southeast corner to capture breathtaking, panoramic views of both the lake and the city skyline. This meticulously designed residence offers a rare combination of scale, sophistication, and outdoor space, featuring a massive almost 400 sq. ft. wraparound balcony-your own private oasis in the sky. Suite Highlights: Spacious Layout: Nearly 1,200 sq. ft. of interior living space with an open-concept flow and floor-to-ceiling windows that flood the home with natural light. Versatile Bedrooms: Three generous bedrooms with two master bedrooms plus a dedicated den, perfect for a professional home office or library. Luxury Bathrooms: Three full, modern washrooms offering maximum convenience and privacy for residents and guests. Building only has 18 floors and has a boutique feel with this unit being amongst the largest units. This Condo is extremely versatile and can be converted into a 2 bedroom plus den with 3 washrooms adding the third bedroom to the living space. Please see floor plan for details.
Estimate your monthly payments for this property
Estimated Payment
$5,971.06/mo
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.
60 Princess Street Unit 1419, 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
Premium Pricing
At $1350/sqft, this property is priced above the Cabbagetown average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 77 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Cabbagetown. Good resale value as demand remains consistent.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.
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 $5,625 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.