251 Jarvis Street Unit 938, Toronto C08

Price: $388,888

2 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: C13752160

Stunning East-Facing 1 BED + DEN in the heart of Downtown Toronto! Bright and modern open-concept layout with a highly functional den, can be a second bedroom, home office, or dining area. Enjoy beautiful east views and a vibrant downtown lifestyle just steps from everything Toronto has to offer. Exceptional building amenities include an outdoor swimming pool, hot tub, sundeck, fully equipped gym, yoga studio, billiards room, rooftop Sky Lounge, party room, BBQ area and 24-hour concierge. Unbeatable location! Steps to subway and public transit, and minutes to Dundas Square, Eaton Centre, Toronto Metropolitan University, restaurants, shopping and entertainment. Groceries just 4 minutes away, with Yonge Street and an abundance of amenities within an easy walk. Perfect for FIRST TIME BUYER, PROFESSIONAL, STUDENT or INVESTOR! An excellent opportunity to own a modern, move-in-ready downtown condo in one of Toronto's most convenient and walkable locations.

251 Jarvis Street Unit 938 - Condo photo 1 of 42 in Regent Park / Cabbagetown / St. James Town, Ontario
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active

$388,888 - 251 Jarvis Street Unit 938, Cabbagetown

Condo for Sale in Cabbagetown

Neighbourhood: Moss Park

2Beds
1Baths
500Sq Ft
Condo

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Property Details
MLS Number
C13752160
Property Type
Condo
Status
active
Days on Site
29
Bedrooms
2
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Taxes (2026)
$2,194
Maintenance Fees
$554/mo
Locker
Owned
Exposure
East
Balcony
Open
Listing Brokerage
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Description

Stunning East-Facing 1 BED + DEN in the heart of Downtown Toronto! Bright and modern open-concept layout with a highly functional den, can be a second bedroom, home office, or dining area. Enjoy beautiful east views and a vibrant downtown lifestyle just steps from everything Toronto has to offer. Exceptional building amenities include an outdoor swimming pool, hot tub, sundeck, fully equipped gym, yoga studio, billiards room, rooftop Sky Lounge, party room, BBQ area and 24-hour concierge. Unbeatable location! Steps to subway and public transit, and minutes to Dundas Square, Eaton Centre, Toronto Metropolitan University, restaurants, shopping and entertainment. Groceries just 4 minutes away, with Yonge Street and an abundance of amenities within an easy walk. Perfect for FIRST TIME BUYER, PROFESSIONAL, STUDENT or INVESTOR! An excellent opportunity to own a modern, move-in-ready downtown condo in one of Toronto's most convenient and walkable locations.

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Estimate your monthly payments for this property

Estimated Payment

$1,995.20/mo

Includes CMHC insurance ($10,850)

$
$
5%10%50%

5-yr fixed avg.

Principal: $349,999Interest: $237,710
Mortgage Amount$360,849
Total Interest$237,710
Est. Property Tax$275/mo
Total Cost$598,559

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.

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Neighbourhood Guide: Moss Park

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

251 Jarvis Street Unit 938, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
4.0%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$554
Property Tax (est.)-$275
Insurance (est.)-$81
Net Cash Flow+$1,290

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $778/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 29 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 $554/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.

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    251 Jarvis Street Unit 938 | $388,888 | Battaglia Team