$1,293,900 - 81 Shuter Street, Cabbagetown
Condo for Sale in Cabbagetown
73 days on market- MLS Number
- C12964638
- Property Type
- Condo
- Status
- active
- Days on Site
- 73
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
Where Heritage Charm Meets Modern Sophistication. This two-storey executive townhome seamlessly blends the timeless elegance of a heritage home with the convenience and luxury of modern condo living, all while offering full Tarion warranty coverage. Boasting 3 spacious bedrooms + den, 1361 sq ft, soaring 10'5" ceilings on main floor & 9'5" on second floor, and expansive principal rooms, this residence is an entertainer's dream. Every detail has been thoughtfully upgraded with bespoke luxury finishes, including custom cabinetry, integrated appliances, and rich hardwood flooring throughout. Enjoy a host of premium building amenities such as a state-of-the-art fitness room, a stylish party, a sprawling terrace, a kids' playroom, and even a pet spa. Situated in the heart of the city, this location is unbeatable! Steps to the Eaton Centre,Financial District, St. Michaels Hospital, TMU, and TTC. Discover city living at its finest! **EXTRAS** Indulge in the ultimate luxury with this exquisitely designed property featuring << $33,000 worth of premium builder upgrades.>> Bespoke luxury finishes creating a seamless blend of sophistication and modern living.
Estimate your monthly payments for this property
Estimated Payment
$5,723.36/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.
81 Shuter Street, Regent Park / Cabbagetown / St. James Town
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Rental income estimator & ROI calculator
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 $1078/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.
Negotiation Opportunity
At 73 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 $5,391 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.