$538,900 - 35 Parliament Street Unit 1805, Cabbagetown
Condo for Sale in Cabbagetown
New — Listed 3 days agoNeighbourhood: Waterfront Communities C8
- MLS Number
- C13517480
- Property Type
- Condo
- Status
- active
- Days on Site
- 3
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- CENTURY 21 ATRIA REALTY INC.
BRAND NEW, DIRECT FROM BUILDER, eligible for HST rebate. Welcome to The Goode, a never-lived-in residence in Toronto's iconic Distillery District by Graywood Developments. This thoughtfully designed suite offers modern finishes, an efficient open-concept layout, and bright, functional living space in one of the city's most distinctive downtown neighbourhoods. Enjoy excellent TTC access nearby, including the 504 King streetcar at Parliament St and Distillery Loop, the 65 Parliament bus, and 121 Esplanade-River service with connections toward Union Station, the waterfront, and the east end. Future Ontario Line Distillery District Station at King St E and Berkeley St. Steps from cobblestone streets, cafés, restaurants, galleries, boutique shopping, waterfront trails, St. Lawrence Market, Corktown, Canary District, and the Financial District. Residents enjoy a strong amenity package including concierge, lobby lounge, co-working areas, fitness centre, yoga studio, party and games rooms, makers' lounge, outdoor terrace, pool, BBQ area, pet spa, bike repair station, parcel system, and landscaped outdoor spaces. A rare opportunity to own new in a landmark Toronto location.
Estimate your monthly payments for this property
Estimated Payment
$2,764.84/mo
Includes CMHC insurance ($15,035)
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.
35 Parliament Street Unit 1805, 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 $1078/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.
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 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 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 $2,245 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.