$3,300/mo - 39 PARLIAMENT Street Unit 1101, Cabbagetown
Condo for Rent in Cabbagetown
186 days on market- MLS Number
- C12705064
- Property Type
- Condo
- Status
- active
- Days on Site
- 186
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 800 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- REMAX YOUR COMMUNITY REALTY
WELCOME TO 39 PARLIAMENT ST 1101. THIS UNIT IS ONE OF ONE. PERFECT FOR A SINGLE WORKING PROFESSIONAL WORKING IN TORONTO. This one-bedroom plus den residence with nearly 900sqft of living space is located in Toronto's historic Distillery District, offering a blend of character, sophistication, and urban convenience. Situated in a highly coveted boutique building, this spacious, highly updated and renovated suite is ideal for the single working professional seeking an elevated lifestyle in one of the city's most distinctive neighbourhoods. The unit features an updated kitchen with modern cabinetry, quartz countertops, and refined finishes throughout. The massive, open-concept layout allows for natural light to flow freely, while the den provides a versatile space perfect for a home office or creative workspace. Enjoy an amazing view of the city's skyline from your balcony with CN Tower views and the unique atmosphere of a well-maintained, intimate building that stands apart from the typical high-rise experience. The Distillery District and surrounding Waterfront Communities - The Islands, are home to a diverse and dynamic demographic of highly educated professionals, with over 70% of residents holding a bachelor's degree or higher. The neighbourhood is known for its vibrant mix of arts, culture, and entrepreneurship, supported by an array of parks, waterfront trails, and proximity to downtown Toronto. With easy access to business hubs, entertainment, and fine dining, this location offers both inspiration and convenience for those who value lifestyle and ambition in equal measure. This property represents a rare opportunity to secure a one-of-one suite in a sought-after area that embodies Toronto's creative energy and professional sophistication.
Discover Regent Park / Cabbagetown / St. James Town
Regent Park / Cabbagetown / St. James Town 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 Regent Park / Cabbagetown / St. James Town
- •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
Regent Park / Cabbagetown / St. James Town 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.
39 PARLIAMENT Street Unit 1101, 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 $3,300/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.
Negotiation Opportunity
At 186 days on site, this property has exceeded the typical selling timeline for Cabbagetown. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
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.
Let's Walk Through It Together
Photos can't tell you about traffic noise, natural light at different times of day, or how well the landlord maintains the property. When we view it together, I'll assess the condition of appliances, HVAC, and finishes — and flag anything that might become a headache. I'll also help you understand the lease terms before you sign anything.