$519,900 - 12 Bonnycastle Street Unit 625, Cabbagetown
Condo for Sale in Cabbagetown
Popular ListingNeighbourhood: Waterfront Communities C8
- MLS Number
- C13474504
- Property Type
- Condo
- Status
- active
- Days on Site
- 13
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- EXP REALTY
Welcome to Monde Condos by Great Gulf, where waterfront living meets downtown convenience and your weekend plans practically make themselves. This stylish 1-bedroom suite offers approximately 600-699 sq. ft. of thoughtfully designed living space, featuring soaring 9' ceilings, wide-plank hardwood floors, floor-to-ceiling windows, and a bright open-concept layout that feels larger than the numbers suggest. The modern kitchen is equipped with sleek cabinetry, stone counters, integrated appliances, and south-facing lake views that add a little extra inspiration to your morning coffee. Unlike many traditional layouts, the bedroom is intelligently positioned toward the centre of the suite and features a sliding glass door, generous closet space, and access to natural light. By relocating the bedroom from the exterior wall, the design maximizes what today's buyers value most: larger, brighter, and more functional living and entertaining spaces filled with natural sunlight. The spacious living and dining area opens to a private balcony, creating the perfect spot to unwind after a long day, enjoy summer evenings, or simply watch the waterfront neighbourhood continue to evolve. Included is an owned locker because extra storage is never out of style.Located in Toronto's rapidly transforming East Waterfront community, you're steps to Sugar Beach, waterfront trails, George Brown College, St. Lawrence Market, the Distillery District, transit, dining, and everyday essentials. Residents enjoy world-class amenities including a rooftop pool, concierge, fitness centre, party room, business centre, and outdoor terrace. With lake views from the kitchen, luxury finishes throughout, and a location that puts the best of Toronto at your doorstep, this suite offers the perfect blend of lifestyle, convenience, and value.
Estimate your monthly payments for this property
Estimated Payment
$2,667.36/mo
Includes CMHC insurance ($14,505)
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.
12 Bonnycastle Street Unit 625, 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 $867/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 600 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 $2,166 (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.