$558,000 - 101 Charles Street Unit 1311, Cabbagetown
Condo for Sale in Cabbagetown
Popular ListingNeighbourhood: Church-Yonge Corridor
- MLS Number
- C13482104
- Property Type
- Condo
- Status
- active
- Days on Site
- 8
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- RE/MAX REALTRON REALTY INC.
his is the end to your search!! LOCATION Checked, LAYOUT Checked, BUILDING Checked, VIEW Checked, >>>Floor-to-ceiling window for the Kitchen, Dining, Living Room<<<, LOS OF NATURAL LIGHT. Different layout, not like the usual boring layouts you see everywhere! Sleek Open Concept Kitchen Features High-End Stainless Steel Appliances, Combining Elegance With Contemporary Urban Style. Do not miss the stunning rooftop Lounge & BBQ that is perfect for unwinding after a long day. 100 Walk Score!!! Walk to everything, you will find yourself just steps from the Yonge and Bloor subway stations, making commuting a breeze. Explore the vibrant surroundings, including the University of Toronto, Metropolitan Toronto University, the Royal Ontario Museum, Yorkville Village Shops, Eataly, and an incredible array of restaurants and shops all within minutes! Easy Access to Hwys and hospitals. With exceptional rental potential in one of Toronto's most sought-after neighborhood, complemented by 24-hour concierge service and luxurious facilities, this is your chance to embrace an exclusive lifestyle that truly has it all. Come and experience the allure of X2 Residences, your new home awaits!
Estimate your monthly payments for this property
Estimated Payment
$2,862.83/mo
Includes CMHC insurance ($15,568)
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 Church-Yonge Corridor
Church-Yonge Corridor 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 Church-Yonge Corridor
- •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
Church-Yonge Corridor 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.
101 Charles Street Unit 1311, Regent Park / Cabbagetown / St. James Town
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Rental income estimator & ROI calculator
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 $1116/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. We'll want to verify the monthly fees and what they include.
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 Church-Yonge Corridor
I know Church-Yonge Corridor 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 $2,325 (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.