$1,735,000 - 140 Spruce Street, Cabbagetown
Townhouse for Sale in Cabbagetown
Neighbourhood: Cabbagetown-South St. James Town
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- MLS Number
- C13810416
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 16
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,500 - 1,999 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Taxes (2026)
- $7,804
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
Beautifully renovated, 3-storey classic Cabbagetown Victorian. Stylish open concept main floor living with high ceilings, hardwood floors, large picture window, elegant gas fireplace with stunning white marble mantle. Open concept contemporary chef's kitchen with breakfast bar and walk out to private landscaped backyard patio and parking off rear lane. 2nd floor has two large bedrooms - one with 4-piece ensuite, separate shower and sumptuous soaking tub, a second large bedroom with walk-in closet and floor to ceiling windows overlooking back garden. There's also a separate 2nd floor laundry room! The entire 3rd floor is dedicated to a super stylish and dramatic primary suite with soaring ceilings luxurious true spa-ensuite with chic designer oval soaking tub and walk out to private rooftop sundeck! The finished basement offers a stylish media room with open beamed ceilings perfect for movie nights at home and a 3rd full bathroom with separate shower. Located just steps to Riverdale Farm, shops, restaurants and cafes of Parliament St 140 Spruce St is an ideal escape for the urban professional looking for an exquisitely renovated turnkey property in the heart of downtown!
Estimate your monthly payments for this property
Estimated Payment
$7,674.49/mo
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 Cabbagetown-South St. James Town
Cabbagetown-South 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 Cabbagetown-South 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
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
Cabbagetown-South 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.
140 Spruce Street, 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 $1157/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 16 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Cabbagetown have shown strong appreciation as families seek more space.
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.
About Cabbagetown-South St. James Town
I know Cabbagetown-South St. James Town 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.