$999,980 - 135 Lower Sherbourne Street Unit 2830, Cabbagetown
Condo for Sale in Cabbagetown
Neighbourhood: Waterfront Communities C8
- MLS Number
- C13454306
- Property Type
- Condo
- Status
- active
- Days on Site
- 18
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 800 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- HC REALTY GROUP INC.
Welcome to Time and Space Condos by Pemberton Group, where luxury and convenience meet in the heart of downtown Toronto. This spacious and bright three-bedroom, three-bathroom residence offers 885 square feet of thoughtfully designed living space, complete with TWO parking spaces, ONE locker, and unobstructed, breathtaking CN Tower views from every window and the private balcony. The open-concept layout easily accommodates separate living and dining areas, featuring premium laminate flooring and nine-foot smooth ceilings throughout. The contemporary kitchen is equipped with stone countertops and built-in stainless steel appliances, including a refrigerator, dishwasher, cooktop, oven, and microwave. The primary bedroom boasts an ensuite bathroom and direct walk-out access to the balcony, while the second bedroom features a large window and generous closet space. The third bedroom includes sliding doors and a private ensuite, making it ideal for guests or use as a home office. Residents enjoy premium amenities conveniently located within the same tower, including a fully equipped fitness centre, yoga studio, outdoor pool with sun decks, media and games room, party lounge, and an outdoor patio with barbecue areas. Perfectly situated just minutes from the Distillery District, St. Lawrence Market, Sugar Beach, David Crombie Park, Parliament Square Park, and Princess Street Park, the building also offers quick access to Union Station and Toronto's top shopping, dining, and entertainment options. Offering an unparalleled urban lifestyle, this home combines modern comfort, sophisticated design, and the very best of downtown living. **Two parking**Three bathrooms**Must See! Seller is very Motivated !
Estimate your monthly payments for this property
Estimated Payment
$5,130.42/mo
Includes CMHC insurance ($27,899)
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.
135 Lower Sherbourne Street Unit 2830, 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
Premium Pricing
At $1250/sqft, this property is priced above the Cabbagetown average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Market Position
At 18 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. We'll want to verify the monthly fees and what they include.
Efficient Living
At 800 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.
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.
Bathroom Count Matters
With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.