$499,000 - 1 Cole Street Unit 412, Cabbagetown
Condo for Sale in Cabbagetown
Popular ListingNeighbourhood: Regent Park
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- MLS Number
- C13839582
- Property Type
- Condo
- Status
- active
- Days on Site
- 8
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Taxes (2026)
- $2,406
- Maintenance Fees
- $593/mo
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- REAL ESTATE HOMEWARD
Welcome to this thoughtfully designed 1 bedroom, 1 bathroom condo in the heart of Toronto's vibrant Regent Park community. At approximately 570 sq. ft., this home makes every square foot count, offering a surprisingly spacious and functional layout with generous principal rooms and plenty of room to live, work and entertain. The open-concept living and dining area offers a comfortable sense of space, while the well-appointed kitchen keeps everything within easy reach. The bedroom provides a comfortable retreat, and the smart layout makes everyday living feel effortless. Step outside onto the large west-facing balcony - a true extension of your living space and the perfect spot for morning coffee, evening drinks or taking in the beautiful Toronto skyline and west-facing sunsets. Be sure to check out the fantastic garden area and lounge, as well as the well-equipped fitness centre and media room. And the location? Regent Park puts you close to an impressive range of amenities. Enjoy easy access to the Regent Park Community Centre, local parks, recreation facilities, shops, cafés and restaurants, as well as the Toronto Public Library's Regent Park branch. With nearby TTC streetcar and bus routes and easy connections to the subway, getting around the city is convenient whether you're commuting downtown, heading to the Distillery District or exploring everything Toronto has to offer. With a functional layout, spacious main living areas, a generous private balcony and skyline views, this is a home that delivers much more than its square footage suggests. Smart city living, a connected community and room to breathe - all in the heart of Regent Park.
Estimate your monthly payments for this property
Estimated Payment
$2,560.13/mo
Includes CMHC insurance ($13,922)
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
Regent Park 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
- •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 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.
1 Cole Street Unit 412, 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 $998/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.
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. The $593/month fees should cover building insurance, common elements, and reserve contributions.
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.
About Regent Park
I know Regent Park well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
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.