$495,000 - 25 Richmond Street Unit 1212, Cabbagetown
Condo for Sale in Cabbagetown
New — Listed yesterdayNeighbourhood: Church-Yonge Corridor
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- MLS Number
- C13867930
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Taxes (2026)
- $2,847
- Maintenance Fees
- $525/mo
- Locker
- Owned
- Exposure
- North West
- Balcony
- Terrace
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE REALTY
A luxury corner suite with massive 299 sq ft terrace! Welcome to Yonge + Rich, a sophisticated condo building in the heart of Downtown Toronto. This bright and beautifully maintained corner one-bedroom suite offers an exceptional combination of indoor comfort and outdoor living, featuring a 299 sq ft wraparound terrace with two separate walkouts and floor to ceiling windows throughout. The expansive terrace provides plenty of room for dining, lounging, entertaining, and creating your own private urban garden. The modern finishes feature a functional kitchen with space for an island, a dedicated work from home nook, a generous double closet in the bedroom, and additional front hall storage make this suite as practical as it is stylish. Enjoy an impressive collection of state-of-the-art, wellness-focused amenities, including an outdoor pool and poolside lounge, BBQ area, yoga and pilates studio, fitness centre, sauna, steam room, billiards room, workspaces, and kitchen/dining and entertaining lounge. Don't miss the unbeatable downtown convenience with a 24-hour grocery and fine food store directly below the building. Steps to Queen Subway Station, Eaton Centre, St Lawrence Market, Financial District, Entertainment District, University of Toronto, Toronto Metropolitan University, major hospitals, Union Station, and countless restaurants, cafés and shops. One storage locker is also included. A truly rare opportunity to enjoy elevated downtown living with a 100 Walk and Transit score, exceptional building amenities, and an efficient layout that checks all the boxes.
Estimate your monthly payments for this property
Estimated Payment
$2,539.61/mo
Includes CMHC insurance ($13,811)
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.
25 Richmond Street Unit 1212, 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 $990/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Cabbagetown's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 $525/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 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.
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.