$439,990 - 115 Richmond Street Unit 1006, Cabbagetown
Condo for Sale in Cabbagetown
Neighbourhood: Church-Yonge Corridor
- MLS Number
- C13645826
- Property Type
- Condo
- Status
- active
- Days on Site
- 18
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- North East
- Balcony
- Juliette
- Listing Brokerage
- Royal LePage Real Estate Associates
Discover the perfect blend of character, comfort, and convenience in this beautifully updated one-bedroom suite in the sought-after Toronto French Quarter II. Offering approximately 563 sq. ft. of thoughtfully designed living space, this bright and inviting condo features an open-concept layout, carpet free throughout, and two charming Juliette balconies that fill the home with natural light. The functional kitchen is equipped with stainless steel appliances, generous cabinetry, and ample prep space, seamlessly overlooking the living and dining area, perfect for entertaining or enjoying quiet evenings at home. Built-in shelving adds both style and practicality, while the beautifully renovated bathroom offers a fresh, modern finish. The spacious bedroom comfortably accommodates a queen-sized bed and includes a large closet, while in-suite laundry and excellent storage complete the package. Step outside and immerse yourself in one of Toronto's most vibrant neighbourhoods. Just moments from St. Lawrence Market, The Distillery District, The Financial District, and the Eaton Centre, you'll enjoy some of the city's best restaurants, cafés, patios, shopping, parks and entertainment right at your doorstep. Commuting is effortless with easy access to King, Queen, and Queen Subway Station, the King and Queen streetcars, the PATH network, Union Station, the Gardiner Expressway, and the Don Valley Parkway. Whether you're a first-time buyer, young professional, or investor, this is an exceptional opportunity to own a stylish home in one of Toronto's most walkable and connected communities.
Estimate your monthly payments for this property
Estimated Payment
$2,257.38/mo
Includes CMHC insurance ($12,276)
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.
115 Richmond Street Unit 1006, 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 $880/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.
Market Position
At 18 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
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.