130 River Street Unit 1606, Toronto C08

Price: $449,000

0 bedrooms, 2 bathrooms

Property Type: Condo

MLS#: C13108894

Don't miss your opportunity to own a stylish suite in one of Toronto's fastest-growing neighbourhoods.Welcome to 130 River Street at Daniels Artworks Tower in the heart of vibrant Regent Park. This bright and modern studio suite offers an exceptional opportunity for first-time buyers, investors, students, or professionals seeking contemporary downtown living.Featuring a thoughtfully designed open-concept layout, the suite is filled with natural light from expansive floor-to-ceiling windows and offers functional space for living, dining, sleeping, and working from home. The modern kitchen includes sleek cabinetry, quartz countertops, integrated appliances, and contemporary finishes.Enjoy your private balcony with partial water and city views, perfect for relaxing or enjoying your morning coffee.Residents enjoy premium amenities including a 24-hour concierge, fitness centre, yoga studio, co-working spaces, party rooms, outdoor terraces, and more.Conveniently located near TTC transit, the DVP, Gardiner Expressway, parks, shops, and restaurants, this location offers outstanding accessibility and lifestyle appeal. Regent Park's ongoing revitalization continues to make this one of downtown Toronto's most exciting communities and a strong long-term investment opportunity.Currently tenanted, this suite is an excellent opportunity to own a modern condo in a thriving downtown neighbourhood filled with growth, energy, and convenience.

130 River Street Unit 1606 - Condo photo 1 of 11 in Regent Park / Cabbagetown / St. James Town, Ontario
130 River Street Unit 1606 - Condo photo 2 of 11 in Regent Park / Cabbagetown / St. James Town, Ontario
130 River Street Unit 1606 - Condo photo 3 of 11 in Regent Park / Cabbagetown / St. James Town, Ontario
130 River Street Unit 1606 - Condo photo 4 of 11 in Regent Park / Cabbagetown / St. James Town, Ontario
130 River Street Unit 1606 - Condo photo 5 of 11 in Regent Park / Cabbagetown / St. James Town, Ontario
130 River Street Unit 1606 - Condo photo 6 of 11 in Regent Park / Cabbagetown / St. James Town, Ontario
130 River Street Unit 1606 - Condo photo 7 of 11 in Regent Park / Cabbagetown / St. James Town, Ontario
130 River Street Unit 1606 - Condo photo 8 of 11 in Regent Park / Cabbagetown / St. James Town, Ontario
130 River Street Unit 1606 - Condo photo 9 of 11 in Regent Park / Cabbagetown / St. James Town, Ontario
130 River Street Unit 1606 - Condo photo 10 of 11 in Regent Park / Cabbagetown / St. James Town, Ontario
130 River Street Unit 1606 - Condo photo 11 of 11 in Regent Park / Cabbagetown / St. James Town, Ontario
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$449,000 - 130 River Street Unit 1606, Cabbagetown

Condo for Sale in Cabbagetown

58 days on market

Neighbourhood: Regent Park

0Beds
2Baths
N/ASq Ft
Condo
Property Details
MLS Number
C13108894
Property Type
Condo
Status
active
Days on Site
58
Bedrooms
0
Bathrooms
2
Square Feet
N/A sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
RIGHT AT HOME REALTY
Description

Don't miss your opportunity to own a stylish suite in one of Toronto's fastest-growing neighbourhoods.Welcome to 130 River Street at Daniels Artworks Tower in the heart of vibrant Regent Park. This bright and modern studio suite offers an exceptional opportunity for first-time buyers, investors, students, or professionals seeking contemporary downtown living.Featuring a thoughtfully designed open-concept layout, the suite is filled with natural light from expansive floor-to-ceiling windows and offers functional space for living, dining, sleeping, and working from home. The modern kitchen includes sleek cabinetry, quartz countertops, integrated appliances, and contemporary finishes.Enjoy your private balcony with partial water and city views, perfect for relaxing or enjoying your morning coffee.Residents enjoy premium amenities including a 24-hour concierge, fitness centre, yoga studio, co-working spaces, party rooms, outdoor terraces, and more.Conveniently located near TTC transit, the DVP, Gardiner Expressway, parks, shops, and restaurants, this location offers outstanding accessibility and lifestyle appeal. Regent Park's ongoing revitalization continues to make this one of downtown Toronto's most exciting communities and a strong long-term investment opportunity.Currently tenanted, this suite is an excellent opportunity to own a modern condo in a thriving downtown neighbourhood filled with growth, energy, and convenience.

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Estimate your monthly payments for this property

Estimated Payment

$2,303.60/mo

Includes CMHC insurance ($12,527)

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5-yr fixed avg.

Principal: $404,100Interest: $274,454
Mortgage Amount$416,627
Total Interest$274,454
Est. Property Tax$318/mo
Total Cost$691,081

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

Discover Regent Park

Regent 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 Regent 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

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 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

130 River Street Unit 1606, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
3.7%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$975
Property Tax (est.)-$318
Insurance (est.)-$94
Net Cash Flow+$1,373

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 58 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.

About Regent Park

I know Regent 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.

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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    130 River Street Unit 1606 | $449,000 | Battaglia Team