$699,900 - 20 Richardson Street Unit 2007, Cabbagetown
Condo for Sale in Cabbagetown
Neighbourhood: Waterfront Communities C8
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- MLS Number
- C13790776
- Property Type
- Condo
- Status
- active
- Days on Site
- 21
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Taxes (2026)
- $3,675
- Maintenance Fees
- $729/mo
- Locker
- Owned
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- BOSLEY - TORONTO REALTY GROUP INC.
Welcome To Sugar Beach! Experience Elevated Waterfront Living At Lighthouse Tower By Daniels Corporation. This Beautifully Designed Two-Bedroom, Two-Bathroom Suite Offers A Highly Desirable Split-Bedroom Layout With Just Under 700 Sq. Ft. Of Thoughtfully Designed Living Space, Maximizing Every Inch With No Wasted Space. Expansive Floor-To-Ceiling Windows Fill The Open-Concept Interior With An Abundance Of Natural Light, Complemented By Soaring 9-Foot Ceilings, Custom Window Coverings, And Contemporary Finishes That Create A Bright, Sophisticated Atmosphere Throughout. The Upgraded Kitchen Is Both Stylish And Functional, Featuring A Custom Backsplash, Centre Island With Seating, And Generous Workspace-Perfect For Everyday Living And Effortless Entertaining. The Spacious Primary Bedroom Offers Excellent Privacy, Complete With His-And-Her Closets And A Private Four-Piece Ensuite. The Second Bedroom Provides Exceptional Flexibility For Guests, Family, Or A Comfortable Home Office. Step Outside And Enjoy Seamless Indoor-Outdoor Living With Three Walk-Outs Leading To A Generous 123 Sq. Ft. West-Facing Balcony-The Perfect Setting To Relax, Entertain, And Soak Up The Afternoon Sunshine. Residents Of Lighthouse Tower Enjoy An Impressive Collection Of Resort-Inspired Amenities, Including 24-Hour Concierge Service, A Fully Equipped Fitness Centre, Basketball And Tennis Courts, Music And Art Studios, Elegant Party And Dining Rooms, An Outdoor Fire Pit, And A Beautifully Landscaped Terrace Complete With BBQs. Ideally Located In Toronto's Vibrant Waterfront Neighbourhood, This Home Places You Just Steps From Grocery Stores, Cafés, Restaurants, And Everyday Conveniences. Enjoy Easy Access To Sugar Beach, St. Lawrence Market, Union Station, And Some Of The City's Finest Waterfront Trails. This Is Downtown Waterfront Living At Its Finest-Stylish, Convenient, And Designed For The Way You Want To Live.
Estimate your monthly payments for this property
Estimated Payment
$3,590.85/mo
Includes CMHC insurance ($19,527)
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.
20 Richardson Street Unit 2007, 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 $1167/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 21 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. The $729/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 600 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.
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 $2,916 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.