$3,150/mo - 20 Richardson Street Unit 816, Cabbagetown
Condo for Rent in Cabbagetown
Neighbourhood: Waterfront Communities C8
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- MLS Number
- C13760372
- Property Type
- Condo
- Status
- active
- Days on Site
- 28
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- SOTHEBY'S INTERNATIONAL REALTY CANADA
This is prime waterfront living at Lighthouse East Tower, by The Daniels Corporation. Welcome to Suite 816 - a bright, west-facing 2-bedroom, 2-bathroom, 695 sq. ft. residence with a 123 sq. ft. balcony, 1 underground parking space, and 1 locker included. The suite features floor-to-ceiling windows with roller shades, open-concept living space with a split bedroom layout, and a seamless connection to the balcony. The kitchen is finished with an upgraded backsplash, a peninsula, quartz countertops, and built-in appliances, while laminate flooring runs throughout. The primary bedroom includes two closets and a 4-piece ensuite. A second bedroom with its own closet, separate 3-piece bathroom, and in-suite laundry complete the layout. Exceptional amenities include: 24/7 concierge, expansive fitness facilities with cardio, weights, yoga/Pilates, stretch and dance zones, theatre room, art/craft studio, garden prep studio, shared tennis and basketball court, private kitchen, party room, fireside lounge, BBQ terrace, rooftop deck and garden, plus two guest suites. The location is hard to beat. Positioned at Lower Jarvis and Queens Quay, you are steps from Loblaws, Sugar Beach, the waterfront, restaurants and the TTC, with St. Lawrence Market, the Distillery District, Union Station, George Brown College, Harbourfront, the Financial District, Scotiabank Arena, Rogers Centre and the Gardiner all close by. With a perfect Transit Score of 100, a Bike Score of 98, and a Walk Score of 96, this is connected, waterfront living at its finest. Available from November 1st.
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 816, Regent Park / Cabbagetown / St. James Town
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Fairly Priced Rental
At $3,150/mo, this is in line with typical 2-bedroom rents in Cabbagetown (~$2,900/mo). The rent itself may be firm, but there's often room to negotiate on lease terms — move-in date, appliance inclusions, or parking.
Market Position
At 28 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.
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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.