$1,095,000 - 85 Wood Street Unit TH5, Cabbagetown
Condo for Sale in Cabbagetown
New — Listed yesterday- MLS Number
- C13452540
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 4
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- HARVEY KALLES REAL ESTATE LTD.
Skip The Elevator And Live Street Level At This Never-Before-Offered End Unit Townhome At Axis Residences. With Only A Handful Of Ground-Level Townhomes In The Building, This Thoughtfully Designed 3+1 Bedroom Layout Has A Den That Functions As A Fourth Bedroom And Three Bathrooms, Including A Main Floor Powder Room And Primary Ensuite. This Home Is Perfect For Upsizers, Downsizers, Or Investors. The Open-Concept Main Floor Boasts Bright Living And Dining Areas, A Sleek Kitchen With Integrated Appliances, And A Wall Of Windows. Upstairs, Enjoy Generous Bedrooms, Including A Primary Suite With Floor-To-Ceiling Windows. Building Perks Include A Rooftop Patio, State-Of-The-Art Gym, Guest Suites, And A Business Centre. Includes Parking And Storage Locker. Prime Location Steps To College Subway Station On The Yonge Line, Five Minutes To The Financial District, TMU, U Of T, And A Wide Array Of Shopping, Cafes, And Entertainment. An Incredible Opportunity To Own A Unique Townhouse In The Downtown Core At Exceptional Value!
Estimate your monthly payments for this property
Estimated Payment
$4,843.55/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.
85 Wood Street Unit TH5, 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 $1095/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Cabbagetown's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 $4,563 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.