$589,000 - 222 The Esplanade Avenue Unit 625, Cabbagetown
Condo for Sale in Cabbagetown
Popular ListingNeighbourhood: Waterfront Communities C8
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- MLS Number
- C13823746
- Property Type
- Condo
- Status
- active
- Days on Site
- 13
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Taxes (2026)
- $2,770
- Maintenance Fees
- $1,172/mo
- Locker
- None
- Exposure
- South West
- Balcony
- None
- Listing Brokerage
- PROPERTY.CA INC.
Welcome to Yorktown on the Park, where downtown living meets an unexpected sense of space, greenery and community. Ideally positioned on The Esplanade between the Distillery District and St. Lawrence Market, this bright and inviting residence enjoys a sunny southwest exposure with beautiful views toward the surrounding tree-lined streets and parks.Offering a generous 930 sq. ft., this well-designed suite features two spacious bedrooms plus a versatile den/office, two full bathrooms and a smart, efficient layout with a large, bright living space. Parking is included, while maintenance fees include all utilities!Step outside and you're immediately connected to some of downtown Toronto's best amenities. A tree-lined jogging and walking path, David Crombie Park and Parliament Square Park are right outside your door, while Corktown Park and the waterfront are just a short stroll away. With an exceptional walk and transit score, everything from neighbourhood cafés and restaurants to the downtown core is remarkably easy to reach. Families will appreciate the selection of nearby schools, childcare options and community amenities, including the local community centre and pool in the same block. The neighbourhood offers an appealing balance of convenience, green space and access to everyday essentials, all within a vibrant downtown setting. Residents of Yorktown on the Park enjoy 24-hour concierge service, a fitness room, guest suites and a beautifully landscaped two-level courtyard featuring a fountain and mature greenery - a peaceful retreat tucked away in the heart of downtown.Surrounded by excellent restaurants, cafés, shops, parks and everyday conveniences, this is a neighbourhood that offers both energy and a genuine sense of community. A wonderful opportunity to enjoy bright southwest-facing living, generous space and an abundance of greenery in one of downtown Toronto's most connected and surprisingly tranquil neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$3,021.88/mo
Includes CMHC insurance ($16,433)
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.
222 The Esplanade Avenue Unit 625, 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
Competitive Pricing
At $654/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.
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 $1172/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 900 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.
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.
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 $2,454 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.