$449,900 - 250 Jarvis Street Unit 804, Cabbagetown
Condo for Sale in Cabbagetown
Neighbourhood: Church-Yonge Corridor
- MLS Number
- C13463222
- Property Type
- Condo
- Status
- active
- Days on Site
- 18
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 900 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Ensuite
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- SUTTON GROUP-ASSOCIATES REALTY INC.
Spacious Downtown Living With Exceptional Value! Welcome to Suite 804 at 250 Jarvis Street - a rare opportunity to own a generously sized 925 sq. ft. two-bedroom condo in the heart of Toronto's vibrant downtown core. Freshly painted and featuring brand-new flooring throughout, this bright and move-in-ready suite offers an abundance of space rarely found at this price point.The thoughtfully designed layout includes expansive living and dining areas perfect for entertaining, a functional galley kitchen, two entry closets, a large ensuite pantry/storage room, and two well-proportioned bedrooms, each with its own closet and exterior window. Underground parking and indoor bike storage are included for added convenience.Residents enjoy access to a fitness centre, sauna, on-site laundry facilities, and the peace of mind that comes with an attentive on-site superintendent.Step outside and immerse yourself in one of Toronto's most walkable neighbourhoods. Just moments from Toronto Metropolitan University, CF Toronto Eaton Centre, St. Michael's Hospital, Massey Hall, Allan Gardens, and the vibrant Church-Wellesley Village, you'll have the very best of downtown Toronto at your doorstep. With a Walk Score of 99, daily errands, dining, shopping, transit, and entertainment are all just steps away. Rare financing opportunity available! Don't miss your chance to own a spacious, move-in-ready home in one of Toronto's most connected and convenient locations. Urban living truly doesn't get better than this! The seller is willing to offer a Vendor Take-Back (VTB) mortgage at an attractive 2% interest rate to qualified purchasers.
Estimate your monthly payments for this property
Estimated Payment
$2,308.22/mo
Includes CMHC insurance ($12,552)
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.
250 Jarvis Street Unit 804, 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 $500/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 18 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 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.
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.