192 Jarvis Street Unit 1203, Toronto C08

Price: $699,000

2 bedrooms, 2 bathrooms

1,200 sqft

Property Type: Condo

MLS#: C12753864

An exceptional downtown residence offering space, privacy, and finish rarely found in condo living. Welcome to Jarvis Gardens: a boutique building, known for long-term ownership and limited turnover in the heart of the city, featuring a fully renovated 2-bedroom, 2-bath home designed for long-term comfort and everyday ease.This suite offers 1,300+sq. ft. of interior space with a split-bedroom layout providing true separation of living areas. The open-concept living and dining space is filled with natural light and opens to a large southeast-facing balcony with open city views, ideal for entertaining in luxury or quiet evenings at home.Engineered hardwood flooring runs throughout, complemented by heated tile flooring at the entrance, and clean, contemporary finishes. The kitchen features quartz countertops, premium integrated appliances, a breakfast bar, and a custom laundry area offering quartz counter tops, additional prep space, large sink and storage, a highly functional upgrade.The primary bedroom includes balcony access, custom integrated closets, and a renovated ensuite with heated floors, double vanity, and oversized glass shower with multi-jet shower heads. The second bedroom is generously sized and located beside a full bathroom, suitable for guests, a roommate, or home office use.Jarvis Gardens is a quiet, well-managed pet friendly building with only 44 suites and just 4 units per floor. Amenities include rooftop terrace with garden plots, gym and yoga studio, sauna, party room with walk-out patio and BBQ, and on-site superintendent. Parking and large ensuite storage included.Steps to St. Lawrence Market, Financial District, TTC, parks, cafés, and daily essentials. This is downtown living without compromise, offering space, quality, and a layout designed to grow with you. Still available for showings! Offers welcomed! 48hr escape clause in place allows seller to work with any qualified buyer.

192 Jarvis Street Unit 1203 - Condo photo 1 of 37 in Regent Park / Cabbagetown / St. James Town, Ontario
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$699,000 - 192 Jarvis Street Unit 1203, Cabbagetown

Condo for Sale in Cabbagetown

153 days on market
2Beds
2Baths
1,200Sq Ft
Condo
Property Details
MLS Number
C12753864
Property Type
Condo
Status
active
Days on Site
153
Bedrooms
2
Bathrooms
2
Square Feet
1,200 sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
Ensuite
Exposure
South East
Balcony
Open
Listing Brokerage
ROYAL LEPAGE TERREQUITY REALTY
Description

An exceptional downtown residence offering space, privacy, and finish rarely found in condo living. Welcome to Jarvis Gardens: a boutique building, known for long-term ownership and limited turnover in the heart of the city, featuring a fully renovated 2-bedroom, 2-bath home designed for long-term comfort and everyday ease.This suite offers 1,300+sq. ft. of interior space with a split-bedroom layout providing true separation of living areas. The open-concept living and dining space is filled with natural light and opens to a large southeast-facing balcony with open city views, ideal for entertaining in luxury or quiet evenings at home.Engineered hardwood flooring runs throughout, complemented by heated tile flooring at the entrance, and clean, contemporary finishes. The kitchen features quartz countertops, premium integrated appliances, a breakfast bar, and a custom laundry area offering quartz counter tops, additional prep space, large sink and storage, a highly functional upgrade.The primary bedroom includes balcony access, custom integrated closets, and a renovated ensuite with heated floors, double vanity, and oversized glass shower with multi-jet shower heads. The second bedroom is generously sized and located beside a full bathroom, suitable for guests, a roommate, or home office use.Jarvis Gardens is a quiet, well-managed pet friendly building with only 44 suites and just 4 units per floor. Amenities include rooftop terrace with garden plots, gym and yoga studio, sauna, party room with walk-out patio and BBQ, and on-site superintendent. Parking and large ensuite storage included.Steps to St. Lawrence Market, Financial District, TTC, parks, cafés, and daily essentials. This is downtown living without compromise, offering space, quality, and a layout designed to grow with you. Still available for showings! Offers welcomed! 48hr escape clause in place allows seller to work with any qualified buyer.

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Estimated Payment

$3,586.23/mo

Includes CMHC insurance ($19,502)

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5-yr fixed avg.

Principal: $629,100Interest: $427,268
Mortgage Amount$648,602
Total Interest$427,268
Est. Property Tax$495/mo
Total Cost$1,075,870

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 / Cabbagetown / St. James Town

Discover Regent Park / Cabbagetown / St. James Town

Regent Park / Cabbagetown / 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 Regent Park / Cabbagetown / 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

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 / Cabbagetown / 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.

70
Walk Score
Varies
Price Range

192 Jarvis Street Unit 1203, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,520/mo
Range: $2,142 - $2,898
Cap Rate (ROI)
1.9%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$2,520
Maintenance Fees-$780
Property Tax (est.)-$495
Insurance (est.)-$146
Net Cash Flow+$1,099

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

Competitive Pricing

At $583/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 153 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.

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 $2,913 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.

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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    192 Jarvis Street Unit 1203 | $699,000 | Battaglia Team