$2,480,000 - 90 Sumach Street Unit 703, Cabbagetown
Condo for Sale in Cabbagetown
43 days on market- MLS Number
- C13078360
- Property Type
- Condo
- Status
- active
- Days on Site
- 43
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,600 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- South
- Balcony
- Terrace
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Penthouse living at the iconic Brewery Lofts--well-positioned atop Toronto's vibrant Corktown, offering sweeping skyline and lake views. This fully reimagined 2-bedroom, 2-washroom hard loft offers approximately 2,238 SF of combined interior and exterior living space, including a 630 SF private rooftop terrace. Soaring 14-foot ceilings, polished concrete and chevron white oak floors, exposed concrete columns, and oversized Crittall-inspired windows define the open-concept design. A statement Robert Design Group kitchen features rift-cut white oak cabinetry, a leathered granite island, porcelain slab backsplash, and premium Wolf, Electrolux, and Bosch appliances. The spa-inspired bathroom offers heated Carrara marble floors, a freestanding soaker tub, and a glass rainfall shower. A private in-suite elevator leads directly to the expansive rooftop terrace-complete with outdoor kitchenette, gas fire pit, and multiple entertaining zones. Suite 703 offers extensive custom storage, ensuite laundry, and a rare opportunity to own three parking spaces. Steps to Leslieville, the Distillery District, and the downtown core, this luxury penthouse loft is a truly exceptional residence in the centre of it all.
Estimate your monthly payments for this property
Estimated Payment
$10,969.88/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.
90 Sumach Street Unit 703, 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
Premium Pricing
At $1550/sqft, this property is priced above the Cabbagetown average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 43 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 $10,333 (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.