$750,000 - 65 Mutual Street Unit 2804, Cabbagetown
Condo for Sale in Cabbagetown
Popular Listing- MLS Number
- C13237872
- Property Type
- Condo
- Status
- active
- Days on Site
- 12
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- South West
- Balcony
- Juliette
- Listing Brokerage
- FIRST CLASS REALTY INC.
Experience luxury urban living at Ivy Condos with this stunning 3-bedroom, 2-bathroom suite offering 861 sq. ft. of thoughtfully designed living space and breathtaking southwest views of Lake Ontario and the Toronto skyline. Flooded with natural light through expansive floor-to-ceiling windows, this sun-filled home features 9-foot ceilings, an open-concept living, dining, and kitchen area, and a modern kitchen with quartz countertops, updated backsplash, and built-in appliances. A rare downtown offering, all three bedrooms feature opening windows, closets, and proper doors-an exceptional find in Toronto's condo market. The spacious primary bedroom includes a private ensuite, while the additional bedrooms provide flexibility for family, guests, or a home office. Move-in ready, this suite is located in a prestigious luxury building with no studio units, creating a quiet and refined residential atmosphere. Maintenance fees include internet for added value and convenience. Residents enjoy premium amenities including 24/7 concierge, fitness centre, yoga room, library, coffee bar, pet wash station, business lounge, boardrooms, billiards room, private dining room, Ivy Lounge with kitchen and bar, and an outdoor terrace with BBQs.Ideally located in the heart of downtown Toronto, steps to TMU, Yonge-Dundas Square, Dundas Subway Station, Eaton Centre, restaurants, George Brown College, St. Michael's Hospital, Moss Park, and the Financial District. U of T is within walking distance, making this an ideal home for families, professionals, students, and investors alike. Strong rental demand, low maintenance fees, spectacular views, and a highly functional layout make this a rare opportunity not to be missed.
Estimate your monthly payments for this property
Estimated Payment
$3,847.89/mo
Includes CMHC insurance ($20,925)
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.
65 Mutual Street Unit 2804, 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 $938/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.
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 800 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.
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 $3,125 (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.