$899,000 - 180 Mill Street Unit S123, Cabbagetown
Condo for Sale in Cabbagetown
40 days on marketNeighbourhood: Waterfront Communities C8
- MLS Number
- C13563856
- Property Type
- Condo
- Status
- active
- Days on Site
- 40
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX EXCEL REALTY LTD.
Welcome to this sophisticated fully furnished 2-bedroom, 3-bathroom townhouse in the heart of Toronto's vibrant Canary District, offering over 1,000 sq. ft. of stylish living space plus a 135 sq. ft. private terrace with its own entrance. Bright and spacious, this modern home features 9-foot ceilings, floor-to-ceiling windows with high-end automated window coverings, laminate flooring throughout, and a thoughtfully designed open-concept layout. The contemporary kitchen is beautifully appointed with integrated built-in appliances, stone countertops, and ample pantry storage, making it perfect for everyday living and entertaining. Upstairs, two generously sized bedrooms provide exceptional comfort, while the extra-large laundry room offers abundant storage space. One parking space and high-speed internet are included for added convenience. Located just steps from Canary Commons Park, YMCA, shops, cafés, and TTC transit, you're also minutes from the Distillery District, St. Lawrence Market, George Brown College, the Waterfront, Corktown Common, Cherry Beach, and the Financial District. Surrounded by parks, cycling and running trails, and an exciting mix of restaurants, boutiques, and everyday amenities, the Canary District offers one of Toronto's most vibrant and walkable urban lifestyles. A rare opportunity to lease a beautifully furnished townhouse in one of downtown Toronto's most desirable communities, combining modern design, exceptional convenience, and an unbeatable location.
Estimate your monthly payments for this property
Estimated Payment
$4,612.34/mo
Includes CMHC insurance ($25,082)
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.
180 Mill Street Unit S123, Regent Park / Cabbagetown / St. James Town
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Rental income estimator & ROI calculator
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
Fair Market Value
At $899/sqft, this property is priced in line with current Cabbagetown market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Market Position
At 40 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.
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 Waterfront Communities C8
I know Waterfront Communities C8 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.
Investment Perspective
Looking at this as an investment: Cabbagetown properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,746 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.