$349,999 - 70 Alexander Street Unit 207, Cabbagetown
Condo for Sale in Cabbagetown
46 days on market- MLS Number
- C13071720
- Property Type
- Condo
- Status
- active
- Days on Site
- 46
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
This 590 square feet corner unit is a large one-bedroom suite offering exceptional light and livability. Unbeatable walkability in the heart of downtown Toronto, ideally located in the vibrant Church/Wellesley Village. Just a five minute walk to Wellesley and College subway stations, streetcars, Maple Leaf Gardens Loblaws, LCBO, and the Mattamy Athletic Centre. A short 10-minute walk to Toronto Metropolitan University and Allan Gardens, and approximately 15 minutes to the University of Toronto, major hospitals along University Avenue, and the Eaton Centre. Perfectly positioned within the building, this corner unit is located on the quieter Alexander Street side, offering peaceful living while remaining steps from restaurants, shops, and city life. Enjoy abundant natural light with desirable south and west exposures. Extra-large south-facing windows fill the living, dining, and kitchen areas with sunlight, complemented by deep windowsills-ideal for plant lovers. Situated on the second floor with mature trees outside the windows, creating a calm and private outlook. Excellent building amenities include 24/7 concierge service, convenient ground-level bicycle storage, a sixth-floor party room (complimentary to reserve), and a shared rooftop terrace with BBQs, picnic tables, and hot tub. Additional features include free guest parking and a guest suite available for visitors at a fraction of hotel costs.
Estimate your monthly payments for this property
Estimated Payment
$1,795.68/mo
Includes CMHC insurance ($9,765)
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.
70 Alexander Street Unit 207, 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
Competitive Pricing
At $700/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 46 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.
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.