$419,900 - 230 King Street Unit 1023, Cabbagetown
Condo for Sale in Cabbagetown
Neighbourhood: Moss Park
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- MLS Number
- C13814908
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Taxes (2026)
- $2,563
- Maintenance Fees
- $602/mo
- Locker
- None
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- PSR
Welcome to Kings Court, the perfect blend of heritage charm and modern luxury convenience in a well-managed boutique building, nestled in the heart of Toronto's historic St. Lawrence Market neighbourhood. This bright and functional 1-bedroom unit features a thoughtfully designed open concept layout that seamlessly connects the living and dining (there is room for an actual dining table!), leading out to a private oversized balcony, perfect for entertaining! The well laid out kitchen boasts full-sized appliances and newer SS Fridge, OTR Microwave and Stove/Oven. Generous counter space, ample storage and eat-up island complete your chef's kitchen. The spacious bedroom includes a large closet for plenty of storage and room for a desk and/or dresser. Very low maintenance fee includes all utilities (hydro, heat & water) and incredible building amenities: 24-hour concierge, a rooftop terrace with panoramic lake and city views, BBQ area, a hot tub and sauna, fitness centre, guest suites, and visitor parking. The unbeatable location is just steps from the St. Lawrence Market, the Distillery District, parks and the best of the city's trendy cafes, restaurants, and shops. Transit right outside your door, easy access to the Subway and walkable to the financial district. Remarkable value! Ideal for professionals, first time buyers or anyone seeking comfort and convenience in a vibrant downtown neighbourhood.
Estimate your monthly payments for this property
Estimated Payment
$2,154.30/mo
Includes CMHC insurance ($11,715)
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 Moss Park
Moss Park 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 Moss Park
- •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
Moss Park 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.
230 King Street Unit 1023, 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
Fair Market Value
At $840/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.
Market Position
At 15 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 $602/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 500 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 Moss Park
I know Moss Park 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.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.