$2,450/mo - 89 Mcgill Street Unit 2809, Cabbagetown
Condo for Rent in Cabbagetown
- MLS Number
- C13140354
- Property Type
- Condo
- Status
- active
- Days on Site
- 29
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 500 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- MASTER`S TRUST REALTY INC.
Bright, luxurious and fully furnished 1 Bedroom + Den, 1.5 Bath suite at Tridel's sought-after Alter Condos in the heart of downtown Toronto. This spacious south-facing unit features floor-to-ceiling windows, CN Tower views, laminate flooring throughout, a designer kitchen with sleek cabinetry, fridge, stovetop, oven, microwave hood/vent, in-suite washer/dryer, blinds, and excellent natural light all year round. Functional den is ideal for a home office, guest space, or bonus flex space. Rare full bathroom plus powder room layout adds extra comfort and convenience. Enjoy unbeatable downtown living steps to College Subway Station, streetcars, TMU, Loblaws, Eaton Centre, hospitals, shops, restaurants, and the vibrancy of Yonge Street. Building high-speed internet is included in rent. Unit is furnished, with flexibility for the landlord to remove furniture if not required by tenant. Premium building amenities include 24-hour concierge, fitness centre, yoga studio, wet lounge with whirlpool/hot tub, sauna, steam room, outdoor rooftop pool, BBQ terrace and lounges, theatre room, party room, and free underground visitor parking. A stylish, bright suite in a modern Tridel building with exceptional convenience, views, and amenities. Don't miss this rare south-exposure gem!
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.
89 Mcgill Street Unit 2809, Regent Park / Cabbagetown / St. James Town
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Rent
At $2,450/mo, this is priced below the typical 2-bedroom rent of ~$2,900/mo in Cabbagetown. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Market Position
At 29 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.
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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.
Let's Walk Through It Together
Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.