120 Parliament Street Unit 1405, Toronto C08

Price: $469,800

1 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C12561978

Can You Imagine Corner Unit At East United Condos with Two Balconies at this price? Great opportunity! Fantastic View Of The City! Floor to Ceiling Windows, Primary Bedroom Has Double Mirrored Closet and City view Balcony! Modern Kitchen Has Beautiful Countertops and Backsplash, Living Room has another Balcony, Full of light's! Close to St. Lawrence, George Brown, Entertainment, Transportation.

120 Parliament Street Unit 1405 - Condo photo 1 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
120 Parliament Street Unit 1405 - Condo photo 2 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
120 Parliament Street Unit 1405 - Condo photo 3 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
120 Parliament Street Unit 1405 - Condo photo 4 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
120 Parliament Street Unit 1405 - Condo photo 5 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
120 Parliament Street Unit 1405 - Condo photo 6 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
120 Parliament Street Unit 1405 - Condo photo 7 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
120 Parliament Street Unit 1405 - Condo photo 8 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
120 Parliament Street Unit 1405 - Condo photo 9 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
120 Parliament Street Unit 1405 - Condo photo 10 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
120 Parliament Street Unit 1405 - Condo photo 11 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
120 Parliament Street Unit 1405 - Condo photo 12 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
120 Parliament Street Unit 1405 - Condo photo 13 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
120 Parliament Street Unit 1405 - Condo photo 14 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
120 Parliament Street Unit 1405 - Condo photo 15 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
120 Parliament Street Unit 1405 - Condo photo 16 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
120 Parliament Street Unit 1405 - Condo photo 17 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
120 Parliament Street Unit 1405 - Condo photo 18 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
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120 Parliament Street Unit 1405 - Condo photo 21 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
120 Parliament Street Unit 1405 - Condo photo 22 of 22 in Regent Park / Cabbagetown / St. James Town, Ontario
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$469,800 - 120 Parliament Street Unit 1405, Cabbagetown

Condo for Sale in Cabbagetown

160 days on market
1Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
C12561978
Property Type
Condo
Status
active
Days on Site
160
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
None
Exposure
North East
Balcony
Open
Listing Brokerage
ROYAL LEPAGE TERREQUITY REALTY
Description

Can You Imagine Corner Unit At East United Condos with Two Balconies at this price? Great opportunity! Fantastic View Of The City! Floor to Ceiling Windows, Primary Bedroom Has Double Mirrored Closet and City view Balcony! Modern Kitchen Has Beautiful Countertops and Backsplash, Living Room has another Balcony, Full of light's! Close to St. Lawrence, George Brown, Entertainment, Transportation.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,410.32/mo

Includes CMHC insurance ($13,107)

$
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5%10%50%

5-yr fixed avg.

Principal: $422,820Interest: $287,168
Mortgage Amount$435,927
Total Interest$287,168
Est. Property Tax$333/mo
Total Cost$723,095

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.

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Neighbourhood Guide: Regent Park / Cabbagetown / St. James Town

Discover Regent Park / Cabbagetown / St. James Town

Regent Park / Cabbagetown / St. James Town 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 Regent Park / Cabbagetown / St. James Town

  • 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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Regent Park / Cabbagetown / St. James Town 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.

70
Walk Score
Varies
Price Range

120 Parliament Street Unit 1405, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
2.4%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$975
Property Tax (est.)-$333
Insurance (est.)-$98
Net Cash Flow+$954

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Negotiation Opportunity

At 160 days on site, this property has exceeded the typical selling timeline for Cabbagetown. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

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 0 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.

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.

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    120 Parliament Street Unit 1405 | $469,800 | Battaglia Team