$524,999 - 222 The Esplanade N/A Unit 821, Cabbagetown
Condo for Sale in Cabbagetown
Neighbourhood: Waterfront Communities C8
- MLS Number
- C13440482
- Property Type
- Condo
- Status
- active
- Days on Site
- 25
- Bedrooms
- 3
- Bathrooms
- 1
- Square Feet
- 800 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- SUTTON GROUP OLD MILL REALTY INC.
Welcome to 821 at 222 The Esplanade - a great opportunity to own a spacious 814 sq/ft split layout 2-bedroom+ den condominium in the heart of Toronto's vibrant and historic Corktown /St. Lawrence Market neighbourhood. Ideal for families, professionals, or investors alike. This condo is south facing with an open-concept living & dining area, and a versatile den that is ideal for a home office, study area, or additional living space. Oversized Primary Bedroom with a Walk-In Closet. This well-managed building offers exceptional value with maintenance fees that include heat, hydro, & water. Residents enjoy a prime downtown location with everyday conveniences just steps from their door. Situated in one of Toronto's most connected communities, walking distance to the St. Lawrence Market, Distillery District, waterfront trails, parks, restaurants, cafés, grocery stores, and entertainment. Commuters will appreciate easy access to TTC transit, major highways, Union Station, and the future Ontario Line transit expansion. Great Value for a Downtown Condo. Enjoy your condo amenities, Hot Tub, Sauna, Gym & Lounge Areas.
Estimate your monthly payments for this property
Estimated Payment
$2,693.52/mo
Includes CMHC insurance ($14,647)
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 N/A Unit 821, 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 $656/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.
Market Position
At 25 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 800 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.