28 Freeland Street Unit 4106, Toronto C08

Price: $616,000

2 bedrooms, 1 bathrooms

600 sqft

Property Type: New Construction

MLS#: C13574716

Only 2 Year New 1+1 Bedroom At Luxury Prestige One Yonge. Unit situated on a higher floor, accessible by dedicated highfloor elevators (38th floor and up) providing enhanced privacy and comfort. 9' Feet Smooth Ceiling. spacious Bedroom & Living Rm. Top ToCeiling Windows, laminate Flooring Thru-Out, S/S Appl W/Quartz Countertop Kitchen, Large Balcony! Steps To Union Station, GardinerExpress, Financial And The Entertainment Districts, Restaurants, Supermarkets, Eaton Centre...Walkers Paradise: Walking Score 97!

28 Freeland Street Unit 4106 - New Construction photo 1 of 44 in Regent Park / Cabbagetown / St. James Town, Ontario
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$616,000 - 28 Freeland Street Unit 4106, Cabbagetown

New Construction for Sale in Cabbagetown

38 days on market

Neighbourhood: Waterfront Communities C8

2Beds
1Baths
600Sq Ft
New Construction
Property Details
MLS Number
C13574716
Property Type
New Construction
Status
active
Days on Site
38
Bedrooms
2
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
HOMELIFE NEW WORLD REALTY INC.
Description

Only 2 Year New 1+1 Bedroom At Luxury Prestige One Yonge. Unit situated on a higher floor, accessible by dedicated highfloor elevators (38th floor and up) providing enhanced privacy and comfort. 9' Feet Smooth Ceiling. spacious Bedroom & Living Rm. Top ToCeiling Windows, laminate Flooring Thru-Out, S/S Appl W/Quartz Countertop Kitchen, Large Balcony! Steps To Union Station, GardinerExpress, Financial And The Entertainment Districts, Restaurants, Supermarkets, Eaton Centre...Walkers Paradise: Walking Score 97!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$3,160.40/mo

Includes CMHC insurance ($17,186)

$
$
5%10%50%

5-yr fixed avg.

Principal: $554,400Interest: $376,533
Mortgage Amount$571,586
Total Interest$376,533
Est. Property Tax$436/mo
Total Cost$948,120

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: Waterfront Communities C8

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

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

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.

70
Walk Score
Varies
Price Range

28 Freeland Street Unit 4106, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,400/mo
Range: $2,040 - $2,760
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,400
Maintenance Fees-$0
Property Tax (est.)-$436
Insurance (est.)-$128
Net Cash Flow+$1,836

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

Fair Market Value

At $1027/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 38 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.

Efficient Living

At 600 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 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 $2,567 (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.

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    28 Freeland Street Unit 4106 | $616,000 | Battaglia Team