135 Lower Sherbourne Street Unit 2832 W, Toronto C08

Price: $988,000

3 bedrooms, 3 bathrooms

800 sqft

Property Type: Condo

MLS#: C13699878

RARE 2 PARKING SPACES WITH 1 LOCKER in Downtown Toronto!! This 3 bed 3 bath unit offers 860 sq ft of livable space, followed by a balcony so you can enjoy the unbeatable west facing view the unit has to offer. Steps to the Distillery District, TTC, St. Lawrence Market & Waterfront! Enjoy an Exceptional Array of Amenities Including an Infinity-Edge Pool, Rooftop Cabanas, Outdoor BBQ Area, Games Room, Fully Equipped Gym, Yoga Studio, Party Room & More!

135 Lower Sherbourne Street Unit 2832 W - Condo photo 1 of 12 in Regent Park / Cabbagetown / St. James Town, Ontario
135 Lower Sherbourne Street Unit 2832 W - Condo photo 2 of 12 in Regent Park / Cabbagetown / St. James Town, Ontario
135 Lower Sherbourne Street Unit 2832 W - Condo photo 3 of 12 in Regent Park / Cabbagetown / St. James Town, Ontario
135 Lower Sherbourne Street Unit 2832 W - Condo photo 4 of 12 in Regent Park / Cabbagetown / St. James Town, Ontario
135 Lower Sherbourne Street Unit 2832 W - Condo photo 5 of 12 in Regent Park / Cabbagetown / St. James Town, Ontario
135 Lower Sherbourne Street Unit 2832 W - Condo photo 6 of 12 in Regent Park / Cabbagetown / St. James Town, Ontario
135 Lower Sherbourne Street Unit 2832 W - Condo photo 7 of 12 in Regent Park / Cabbagetown / St. James Town, Ontario
135 Lower Sherbourne Street Unit 2832 W - Condo photo 8 of 12 in Regent Park / Cabbagetown / St. James Town, Ontario
135 Lower Sherbourne Street Unit 2832 W - Condo photo 9 of 12 in Regent Park / Cabbagetown / St. James Town, Ontario
135 Lower Sherbourne Street Unit 2832 W - Condo photo 10 of 12 in Regent Park / Cabbagetown / St. James Town, Ontario
135 Lower Sherbourne Street Unit 2832 W - Condo photo 11 of 12 in Regent Park / Cabbagetown / St. James Town, Ontario
135 Lower Sherbourne Street Unit 2832 W - Condo photo 12 of 12 in Regent Park / Cabbagetown / St. James Town, Ontario
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New Listing
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$988,000 - 135 Lower Sherbourne Street Unit 2832 W, Cabbagetown

Condo for Sale in Cabbagetown

New — Listed 2 days ago

Neighbourhood: Waterfront Communities C8

3Beds
3Baths
800Sq Ft
Condo
Property Details
MLS Number
C13699878
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
3
Bathrooms
3
Square Feet
800 sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
Owned
Exposure
West
Balcony
Open
Listing Brokerage
LANDPOWER REAL ESTATE LTD.
Description

RARE 2 PARKING SPACES WITH 1 LOCKER in Downtown Toronto!! This 3 bed 3 bath unit offers 860 sq ft of livable space, followed by a balcony so you can enjoy the unbeatable west facing view the unit has to offer. Steps to the Distillery District, TTC, St. Lawrence Market & Waterfront! Enjoy an Exceptional Array of Amenities Including an Infinity-Edge Pool, Rooftop Cabanas, Outdoor BBQ Area, Games Room, Fully Equipped Gym, Yoga Studio, Party Room & More!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$5,068.95/mo

Includes CMHC insurance ($27,565)

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5-yr fixed avg.

Principal: $889,200Interest: $603,920
Mortgage Amount$916,765
Total Interest$603,920
Est. Property Tax$700/mo
Total Cost$1,520,686

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: Waterfront Communities C8

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

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

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.

70
Walk Score
Varies
Price Range

135 Lower Sherbourne Street Unit 2832 W, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,600/mo
Range: $2,210 - $2,990
Cap Rate (ROI)
1.4%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,600
Maintenance Fees-$520
Property Tax (est.)-$700
Insurance (est.)-$206
Net Cash Flow+$1,174

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

Premium Pricing

At $1235/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.

Just Listed - Act Strategically

This property hit the market within the last week. In Cabbagetown's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

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.

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    135 Lower Sherbourne Street Unit 2832 W | $988,000 | Battaglia Team