$4,295/mo - 3 Market Street Unit 608, Cabbagetown
Condo for Rent in Cabbagetown
New — Listed 6 days agoNeighbourhood: Waterfront Communities C8
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- MLS Number
- C13766634
- Property Type
- Condo
- Status
- active
- Days on Site
- 6
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- North East
- Balcony
- Terrace
- Listing Brokerage
- UNION CAPITAL REALTY
**Live in the Heart of St. Lawrence Market - Welcome to 3 Market St #608.** This rare 2-storey corner penthouse offers the space and feel of a home with the convenience of downtown Toronto condo living. Featuring 2 bedrooms, 2 bathrooms, 10ft floor-to-ceiling windows, and a sprawling 150+ sq ft private terrace overlooking the historic St. Lawrence Market, this is a home designed for those who want to live in the heart of the city and actually enjoy everything around them. The bright townhouse-style layout offers plenty of space to live, work, and entertain, with a spacious primary bedroom featuring a walk-in closet. Exquisite finishes, stainless steel appliances, custom blinds, and built-in organizers add comfort and functionality throughout. Amazing Amenities You Need: Market Wharf offers boutique-style living in a low-rise 6-storey building with a fitness centre, yoga studio, steam room, and guest suites. This suite also comes complete with 1 parking space and 1 locker, plus gas and water lines on the private terrace with BBQs permitted - perfect for outdoor dining, entertaining, or enjoying your morning coffee with the city below. Location, Location, Location: Step outside and you're right in the heart of the St. Lawrence Market neighbourhood, surrounded by some of Toronto's best restaurants, cafés, food spots, parks, shops, and entertainment. Walk to St. Lawrence Market, the Distillery District, waterfront, Financial District, Union Station, the PATH, and more. Enjoy easy access to public transit, the Gardiner Expressway, and everything downtown Toronto has to offer. Whether you're a professional looking for a central home, a couple who loves exploring the city, or someone who wants to experience the best of downtown living, 3 Market St #608 offers an exceptional opportunity to live where Toronto comes to life.
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.
3 Market Street Unit 608, Regent Park / Cabbagetown / St. James Town
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Above Market Rent
At $4,295/mo, this is asking above the typical 2-bedroom rent of ~$2,900/mo in Cabbagetown. That premium needs to be justified — newer finishes, included parking, a premium location, or utilities included. I'll help you assess whether it's worth it or whether there's room to negotiate.
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. We'll want to verify the monthly fees and what they include.
Efficient Living
At 800 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.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.