$899,999 - 25 The Esplanade N/A Unit 1505, Cabbagetown
Condo for Sale in Cabbagetown
Neighbourhood: Waterfront Communities C8
- MLS Number
- C13472792
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Exclusive
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to Suite 1505 at 25 The Esplanade - a rare opportunity to own a beautifully renovated 2-bedroom, 2-bathroom residence in the heart of downtown Toronto.Offering over 1,100 square feet of thoughtfully designed living space, this one-of-a-kind condo has been completely transformed from top to bottom with quality craftsmanship and premium finishes throughout. The redesigned open-concept layout creates an airy, spacious feel that is perfect for both everyday living and entertaining.The stunning chef-inspired kitchen features solid wood cabinetry, thoughtfully reconfigured to maximize storage, premium Bosch appliances, and a large center island ideal for casual dining, hosting guests, or gathering with family and friends.The spacious primary suite offers a custom-built walk-in closet with exceptional storage solutions, while both bathrooms have been fully renovated with elegant finishes. The luxurious main bathroom boasts high-end Kohler fixtures, an enlarged glass shower, and a relaxing soaker tub, creating a spa-like retreat.Additional upgrades include smooth ceilings and walls with all stucco professionally removed, brand-new flooring throughout, and motorized zebra blinds on every window, including blackout functionality in both bedrooms for optimal comfort and privacy.Perfectly situated just steps from Union Station, commuting throughout the city and beyond is effortless. Enjoy being moments away from Toronto's most iconic destinations, including the CN Tower, Rogers Centre, Scotiabank Arena, St. Lawrence Market, waterfront trails, world-class dining, shopping, and entertainment.This is downtown living at its finest-a truly turnkey residence combining style, functionality, and an unbeatable location. Parking rental or purchase also available through various companies. Don't miss your opportunity to experience this exceptional home.
Estimate your monthly payments for this property
Estimated Payment
$4,617.46/mo
Includes CMHC insurance ($25,110)
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.
25 The Esplanade N/A Unit 1505, 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 $900/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. We'll want to verify the monthly fees and what they include.
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 $3,750 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.