$899,000 - 80 Adelaide Street Unit TH16, Cabbagetown
Condo for Sale in Cabbagetown
- MLS Number
- C13184464
- Property Type
- Condo
- Status
- active
- Days on Site
- 22
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Ensuite
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Welcome to this spectacular 2-Storey townhome in the coveted Bentley executive building, where sophistication, comfort and an exclusive downtown lifestyle come together. Serene views of St James Cathedral & City skyline from bedrooms, terrace& breakfast nook. Perfect for professionals, growing families or savvy investors, this meticulously renovated, 2 bedroom, 2 bathroom residence offers exceptional design, premium custom finishes throughout and unbeatable city living. The main floor showcases a modern gourmet kitchen with Premium Brand Appliances, an oversized island and breakfast bar, ideal for entertaining and everyday living. The kitchen overlooks the bright, open-concept living & dining area, highlighted by a sleek electric fireplace. A large bay window creates a versatile space perfect for a home office, reading nook or extended dining area. A spa-inspired 3-piece bathroom and oversized built-in hallway storage unit completes the main level. Upstairs, the spacious primary bedroom includes 2 walk-in closets &walk-out to a private terrace offering unobstructed views of the city skyline, neighbouring park and St. James Cathedral. The second bedroom provides flexibility for guests, a roommate or a growing family. The redesigned 5-piece bathroom features a large soaker tub, double-sink vanity, skylight, and a separate ensuite laundry area with full-size washer and dryer. With a perfect Walk and Transit Score of 100, this prime location places you steps from St. Lawrence Market, the Financial Entertainment Districts, world-class theatres, museums, sports venues, fine dining, cafés, transit, subway access, and the PATH network. The waterfront and major highways are also conveniently nearby. Residents enjoy exceptional boutique-style amenities including 24/7 concierge service, a newly renovated rooftop oasis with heated saltwater pool, lounge and BBQ area, plus courtyard access. Low property taxes & maintenance fees include internet, cableTV & underground parking.
Estimate your monthly payments for this property
Estimated Payment
$4,612.34/mo
Includes CMHC insurance ($25,082)
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.
80 Adelaide Street Unit TH16, 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 $899/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.
Market Position
At 22 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 $3,746 (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.