$1,100,000 - 116 George Street Unit N110, Cabbagetown
New Construction for Sale in Cabbagetown
New — Listed 7 days agoNeighbourhood: Moss Park
- MLS Number
- C13681410
- Property Type
- New Construction
- Status
- active
- Days on Site
- 7
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- North
- Balcony
- Terrace
- Listing Brokerage
- BAY STREET GROUP INC.
Welcome To 116 George St N, Suite 110, A Rarely Offered Two-Level Townhome In The Award-Winning Vu Condominiums By Aspen Ridge. Offering Approximately 1,484 Sq. Ft. Of Open-Concept, Loft-Inspired Living Space (MPAC), This Beautifully Updated, Move-In-Ready Residence Features Soaring 9-Ft Ceilings, Wood Flooring Throughout, 2+1 Bedrooms comfortably used as 3 bedrooms including a main floor bedroom, A Spacious Modern Bathroom With Double Sinks And LED Mirrors, And A Bright Living Area With A Walkout To A Private Terrace-Perfect For Relaxing Or Entertaining. An Exceptional Downtown Offering Complete With Three (3) Parking Spaces. Residents Enjoy Premium Amenities Including 24-Hour Concierge, A Fully Equipped Fitness Centre, And A Rooftop Terrace With BBQs And Lounge Areas. Ideally Situated Steps From St. Lawrence Market, St. James Park, The Distillery District, George Brown College, TTC, Hospitals, Restaurants, Parks, The Financial District And The Downtown Core, With Convenient Access To The DVP And Gardiner Expressway. A Stylish And Exceptionally Spacious Urban Home Offering Comfort, Convenience And Outstanding Downtown Living In One Of Toronto's Most Desirable Condominium Communities. Do Not Miss!
Estimate your monthly payments for this property
Estimated Payment
$4,865.67/mo
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 Moss Park
Moss 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 Moss 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
Moss 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.
116 George Street Unit N110, 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
Competitive Pricing
At $786/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
About Moss Park
I know Moss 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.
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 $4,583 (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.