$499,999 - 1 Cole Street Unit 504, Cabbagetown
Condo for Sale in Cabbagetown
New — Listed 2 days agoNeighbourhood: Regent Park
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- MLS Number
- C14028466
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Taxes (2026)
- $2,555
- Maintenance Fees
- $621/mo
- Locker
- Exclusive
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE ESTATE REALTY
Welcome to Unit 504 at 1 Cole Street-a rare SkyPark Sanctuary where high-design eco-luxury meets your own private urban oasis. Developed by the renowned Daniels Corporation, this bright, LEED Gold certified 1-bedroom suite offers 609 sq. ft. of highly efficient, open-concept living space. The layout features floor-to-ceiling windows that flood the home with natural light, showcasing a modern kitchen equipped with premium granite countertops, stainless steel appliances, a breakfast bar, and ample cabinetry. The generous bedroom offers plenty of closet space and bright natural light. The absolute crown jewel of this suite is the massive, rare 138 sq. ft. private balcony. Serving as a seamless outdoor extension of your living room, it offers a peaceful, tree-lined view looking directly over One Cole's award-winning, 20,000 sq. ft. elevated private SkyPark. Residents enjoy an unmatched selection of amenities, including a 24-hour concierge, a fully equipped fitness centre, a party room, a resident lounge, communal BBQs, guest suites, visitor parking, and exclusive access to reserve your own community garden plot. Added convenience comes with a dedicated parking space, a storage locker, a secure indoor bike rack, and direct access to ground-floor retail like FreshCo, RBC, and Tim Hortons. Ideally situated just steps from the 505 Dundas Streetcar, restaurants, parks, the Distillery District, St. Lawrence Market, and the downtown core, this thoughtfully designed home checks every single box for effortless city living.
Estimate your monthly payments for this property
Estimated Payment
$2,565.25/mo
Includes CMHC insurance ($13,950)
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 504, 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 $833/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. The $621/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 600 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.