127 Queen Street Unit 405, Toronto C08

Price: $379,900

1 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: C13797480

Welcome To The Glasshouse Lofts One Bedroom Suite! This Newly Painted, Bright AND Immaculately Cared For 1 Bedroom With Juliette Balcony Is Ideal For A Professional, Investor (Similar units rents between $1975 - $2025 per month), or a Retiree Who Wants To Be In The Heart Of Downtown Toronto. Great Vibe, Spacious and Bright, This Space Has It All. High-End Kitchen W/ S/S Appliances, Granite Countertop, Gas Range, Custom Movable Island With Marble Countertop, Dryer and Washer, Floor-To-Ceiling Windows, 9 Foot Exposed Concrete Ceiling, Double Closet With Custom Sliding Doors, Tall Wardrobe w/ Mirrored Door, & A Soaker Tub. Within Walking Distance To St. Lawrence Market, St. James Park, The Eaton Centre, Financial District And Entertainment Districts, The Lakeshore and Sugar Beach, Everything You Need Within A Few Blocks (NoFrills One Block Away, TTC At Your Door Step, Future Ontario Line Station Within One Block, Queen Subway Station Within Two Blocks, And Tons of Top Restaurants And Pubs). Priced to Sell With Low Condo Fees That Include Heat, Air Conditioning, Water, Common Elements and Building Insurance. Amenities Include Gym/Exercise Room, Party/Meeting Room, Visitor Parking, Secure Bike Storage, Courtyard, Secure Parcel Delivery Lockers. Move-In Ready. Short Close Possible

127 Queen Street Unit 405 - Condo photo 1 of 30 in Regent Park / Cabbagetown / St. James Town, Ontario
127 Queen Street Unit 405 - Condo photo 2 of 30 in Regent Park / Cabbagetown / St. James Town, Ontario
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127 Queen Street Unit 405 - Condo photo 30 of 30 in Regent Park / Cabbagetown / St. James Town, Ontario
active

$379,900 - 127 Queen Street Unit 405, Cabbagetown

Condo for Sale in Cabbagetown

Neighbourhood: Church-Yonge Corridor

1Beds
1Baths
N/ASq Ft
Condo

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Property Details
MLS Number
C13797480
Property Type
Condo
Status
active
Days on Site
20
Bedrooms
1
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Taxes (2026)
$2,287
Maintenance Fees
$522/mo
Locker
None
Exposure
North
Balcony
Juliette
Listing Brokerage
SUTTON GROUP-ASSOCIATES REALTY INC.
Description

Welcome To The Glasshouse Lofts One Bedroom Suite! This Newly Painted, Bright AND Immaculately Cared For 1 Bedroom With Juliette Balcony Is Ideal For A Professional, Investor (Similar units rents between $1975 - $2025 per month), or a Retiree Who Wants To Be In The Heart Of Downtown Toronto. Great Vibe, Spacious and Bright, This Space Has It All. High-End Kitchen W/ S/S Appliances, Granite Countertop, Gas Range, Custom Movable Island With Marble Countertop, Dryer and Washer, Floor-To-Ceiling Windows, 9 Foot Exposed Concrete Ceiling, Double Closet With Custom Sliding Doors, Tall Wardrobe w/ Mirrored Door, & A Soaker Tub. Within Walking Distance To St. Lawrence Market, St. James Park, The Eaton Centre, Financial District And Entertainment Districts, The Lakeshore and Sugar Beach, Everything You Need Within A Few Blocks (NoFrills One Block Away, TTC At Your Door Step, Future Ontario Line Station Within One Block, Queen Subway Station Within Two Blocks, And Tons of Top Restaurants And Pubs). Priced to Sell With Low Condo Fees That Include Heat, Air Conditioning, Water, Common Elements and Building Insurance. Amenities Include Gym/Exercise Room, Party/Meeting Room, Visitor Parking, Secure Bike Storage, Courtyard, Secure Parcel Delivery Lockers. Move-In Ready. Short Close Possible

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,949.08/mo

Includes CMHC insurance ($10,599)

$
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5-yr fixed avg.

Principal: $341,910Interest: $232,216
Mortgage Amount$352,509
Total Interest$232,216
Est. Property Tax$269/mo
Total Cost$584,725

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: Church-Yonge Corridor

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

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

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.

70
Walk Score
Varies
Price Range

127 Queen Street Unit 405, 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)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$522
Property Tax (est.)-$269
Insurance (est.)-$79
Net Cash Flow+$1,490

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

Market Position

At 20 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. The $522/month fees should cover building insurance, common elements, and reserve contributions.

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.

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.

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    127 Queen Street Unit 405 | $379,900 | Battaglia Team