1 Scott Street Unit 709, Toronto C08

Price: $339,000

0 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C13764960

This freshly painted studio at 1 Scott St offers a layout designed to make good use of its compact footprint. The modern kitchen is complemented by one of the suite's smartest features: a built-in seating area that creates a dedicated spot for dining or working from home, complete with a shelf, built-in light and storage underneath. Closet built-ins, a separate locker and ensuite laundry add valuable everyday storage and function, while the bathroom features a walk-in shower. Beyond the suite, residents have access to a library, lounge, games room, gym, sauna, theatre, outdoor pool, guest suites and visitor parking. The location makes living without a car especially practical: King Station is approximately a 5-minute walk, Union Station is about 10 minutes away, and the 504 King streetcar and 97 Yonge bus are nearby. No Frills, Metro and St. Lawrence Market are all within walking distance, along with Cafe Landwer, Meridian Hall, the Hockey Hall of Fame and Scotiabank Arena. An efficient option for a first home, downtown pied-à-terre or Toronto base for a student, with useful storage, extensive amenities and downtown connectivity built into the address.

1 Scott Street Unit 709 - Condo photo 1 of 17 in Regent Park / Cabbagetown / St. James Town, Ontario
1 Scott Street Unit 709 - Condo photo 2 of 17 in Regent Park / Cabbagetown / St. James Town, Ontario
1 Scott Street Unit 709 - Condo photo 3 of 17 in Regent Park / Cabbagetown / St. James Town, Ontario
1 Scott Street Unit 709 - Condo photo 4 of 17 in Regent Park / Cabbagetown / St. James Town, Ontario
1 Scott Street Unit 709 - Condo photo 5 of 17 in Regent Park / Cabbagetown / St. James Town, Ontario
1 Scott Street Unit 709 - Condo photo 6 of 17 in Regent Park / Cabbagetown / St. James Town, Ontario
1 Scott Street Unit 709 - Condo photo 7 of 17 in Regent Park / Cabbagetown / St. James Town, Ontario
1 Scott Street Unit 709 - Condo photo 8 of 17 in Regent Park / Cabbagetown / St. James Town, Ontario
1 Scott Street Unit 709 - Condo photo 9 of 17 in Regent Park / Cabbagetown / St. James Town, Ontario
1 Scott Street Unit 709 - Condo photo 10 of 17 in Regent Park / Cabbagetown / St. James Town, Ontario
1 Scott Street Unit 709 - Condo photo 11 of 17 in Regent Park / Cabbagetown / St. James Town, Ontario
1 Scott Street Unit 709 - Condo photo 12 of 17 in Regent Park / Cabbagetown / St. James Town, Ontario
1 Scott Street Unit 709 - Condo photo 13 of 17 in Regent Park / Cabbagetown / St. James Town, Ontario
1 Scott Street Unit 709 - Condo photo 14 of 17 in Regent Park / Cabbagetown / St. James Town, Ontario
1 Scott Street Unit 709 - Condo photo 15 of 17 in Regent Park / Cabbagetown / St. James Town, Ontario
1 Scott Street Unit 709 - Condo photo 16 of 17 in Regent Park / Cabbagetown / St. James Town, Ontario
1 Scott Street Unit 709 - Condo photo 17 of 17 in Regent Park / Cabbagetown / St. James Town, Ontario
active
New Listing

$339,000 - 1 Scott Street Unit 709, Cabbagetown

Condo for Sale in Cabbagetown

New — Listed 6 days ago

Neighbourhood: Waterfront Communities C8

0Beds
1Baths
N/ASq Ft
Condo

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Property Details
MLS Number
C13764960
Property Type
Condo
Status
active
Days on Site
6
Bedrooms
0
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
Owned
Exposure
East
Balcony
None
Listing Brokerage
BSPOKE REALTY INC.
Description

This freshly painted studio at 1 Scott St offers a layout designed to make good use of its compact footprint. The modern kitchen is complemented by one of the suite's smartest features: a built-in seating area that creates a dedicated spot for dining or working from home, complete with a shelf, built-in light and storage underneath. Closet built-ins, a separate locker and ensuite laundry add valuable everyday storage and function, while the bathroom features a walk-in shower. Beyond the suite, residents have access to a library, lounge, games room, gym, sauna, theatre, outdoor pool, guest suites and visitor parking. The location makes living without a car especially practical: King Station is approximately a 5-minute walk, Union Station is about 10 minutes away, and the 504 King streetcar and 97 Yonge bus are nearby. No Frills, Metro and St. Lawrence Market are all within walking distance, along with Cafe Landwer, Meridian Hall, the Hockey Hall of Fame and Scotiabank Arena. An efficient option for a first home, downtown pied-à-terre or Toronto base for a student, with useful storage, extensive amenities and downtown connectivity built into the address.

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Estimated Payment

$1,739.25/mo

Includes CMHC insurance ($9,458)

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5-yr fixed avg.

Principal: $305,100Interest: $207,216
Mortgage Amount$314,558
Total Interest$207,216
Est. Property Tax$240/mo
Total Cost$521,774

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.

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Neighbourhood Guide: Waterfront Communities C8

Discover Waterfront Communities C8

Waterfront Communities C8 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 Waterfront Communities C8

  • 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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Waterfront Communities C8 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.

70
Walk Score
Varies
Price Range

1 Scott Street Unit 709, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
5.2%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$975
Property Tax (est.)-$240
Insurance (est.)-$71
Net Cash Flow+$1,474

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

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.

Efficient Living

At 0 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 Waterfront Communities C8

I know Waterfront Communities C8 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.

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    1 Scott Street Unit 709 | $339,000 | Battaglia Team