$1,650,000 - 22 Leader Lane Unit 533, Cabbagetown
Condo for Sale in Cabbagetown
Popular ListingNeighbourhood: Church-Yonge Corridor
- MLS Number
- C13482274
- Property Type
- Condo
- Status
- active
- Days on Site
- 13
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,800 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- North West
- Balcony
- Juliette
- Listing Brokerage
- LPT REALTY
The most distinctive and exclusive residence in the iconic King Edward Private Residences. This exceptional corner suite offers over 1,800 square feet with 3 bedrooms, 3 bathrooms and soaring 10-foot ceilings. At its heart is the spectacular circular turret living room, a dramatic architectural feature rarely found in condominium living. More than just a design element, it is the kind of space that defines a home and leaves a lasting impression on everyone who experiences it. Generous principal rooms, oversized windows and a highly functional layout create a residence that feels more like a grand city apartment than a conventional downtown condo. Designed for both elegant entertaining and comfortable everyday living, the suite offers exceptional scale, natural light and architectural character. Opportunities to own a residence of this size and distinction within the King Edward Private Residences are exceptionally rare. Residents enjoy a private entrance and privileged access to the renowned services and amenities of the historic King Edward Hotel, including the executive lounge, fitness facilities, dining, spa services, and room service. Perfectly positioned in the heart of Old Toronto, steps from the Financial District, St. Lawrence Market, Berczy Park, Union Station and the PATH network, this is a rare opportunity to own a signature residence in one of Toronto's most prestigious landmark addresses.
Estimate your monthly payments for this property
Estimated Payment
$7,298.51/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 Church-Yonge Corridor
Church-Yonge Corridor 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 Church-Yonge Corridor
- •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
Church-Yonge Corridor 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.
22 Leader Lane Unit 533, 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 $917/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.
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.
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 Church-Yonge Corridor
I know Church-Yonge Corridor 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 $6,875 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.