$679,900 - 1 The Esplanade Avenue Unit 2104, Cabbagetown
Condo for Sale in Cabbagetown
Popular ListingNeighbourhood: Waterfront Communities C8
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- MLS Number
- C13837346
- Property Type
- Condo
- Status
- active
- Days on Site
- 9
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Taxes (2025)
- $4,857
- Maintenance Fees
- $1,401/mo
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- RE/MAX URBAN TORONTO TEAM REALTY INC.
Welcome to this bright and spacious 2-bedroom, 2-bathroom corner suite at 1 Esplanade Lane, offering almost 894 sq. ft. of thoughtfully designed living space plus a private balcony with stunning northwest-facing views and spectacular sunsets. Featuring floor-to-ceiling windows and laminate flooring throughout, this suite is filled with natural light and offers a warm, modern feel.The excellent layout offers two full, proper bedrooms, both with comfortable proportions, along with a functional open-concept living, dining, and kitchen area designed with both everyday living and entertaining in mind. The kitchen features stainless steel appliances, ample cabinetry, and plenty of workspace, while the spacious living and dining areas provide the perfect setting for hosting friends and family.Enjoy the added convenience of parking and locker included, along with beautiful finishes throughout. As an added bonus, the building is soon to be connected to Toronto's PATH network, providing even greater convenience and sheltered access to the downtown core.Located in the heart of St. Lawrence and downtown Toronto, you're steps from the iconic St. Lawrence Market, waterfront, restaurants, cafés, shops, and entertainment. Enjoy an easy stroll to the Financial District, Union Station, the Distillery District, and the vibrant neighbourhoods surrounding the Esplanade. With the TTC and Gardiner Expressway nearby, getting around the city is effortless.Residents can also enjoy fantastic building amenities, including a fabulous outdoor pool, perfect for summer days. A rare combination of space, functionality, incredible northwest views, and an unbeatable downtown location - this corner suite is not to be missed!
Estimate your monthly payments for this property
Estimated Payment
$3,488.24/mo
Includes CMHC insurance ($18,969)
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 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
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.
1 The Esplanade Avenue Unit 2104, 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 $850/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 $1401/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 800 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.
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 $2,833 (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.