$1,145,000 - 39 Queens Quay Unit TH132, Cabbagetown
Condo for Sale in Cabbagetown
47 days on marketNeighbourhood: Waterfront Communities C8
- MLS Number
- C13154742
- Property Type
- Condo
- Status
- active
- Days on Site
- 47
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- ROYAL LEPAGE SIGNATURE CONNECT.CA REALTY
*One oversized parking spot now included! Looking to live at Toronto's most coveted waterfront residence? TH132 at Pier 27 delivers. This 1+Den, two bathroom townhouse with 1000 + sqft. features a thoughtful layout with a large den that can easily be used as a second bedroom, providing flexible space that adapts to your needs. Love to host? This main floor is built for it. The expansive kitchen flows into a bright, open living area, creating the perfect setting for dinner parties or cozy nights in. The kitchen features premium Miele appliances and a SubZero fridge, paired with a large, custom-built white marble island that makes cooking and entertaining a dream. In the warmer months, enjoy grilling on your private terrace equipped with a dedicated gas line. Two storeys of floor to ceiling windows overlooking green space in this quaint, private courtyard provide a peaceful escape from the city's energy. Over $40,000in recent upgrades include light fixtures, pot lights throughout, custom built-in closets in both the primary bedroom and den, and automatic dual roller window coverings - see attached feature sheet for full list. Never wait for an elevator again! Use your private entrance to enter directly from ground level into soaring 20 ft. ceilings spanning the full height of the unit. Enjoy 10ft ceilings in both the living room and primary suite on the second floor. In addition to its private exterior entrance, interior building access places luxury amenities just steps away. 39 Queens Quay boasts indoor & outdoor pools, fitness room with yoga studio, sauna and steam room, theatre room, lounge & party rooms, visitor parking, and guest suites.The location delivers unbeatable convenience. You are minutes from Union Station, FinancialDistrict, and St. Lawrence Market. Groceries are a breeze with Loblaws, Farm Boy, and the flagship LCBO right across the street. At Pier 27, waterfront living isn't just a backdrop; it's your everyday reality.
Estimate your monthly payments for this property
Estimated Payment
$5,064.72/mo
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.
39 Queens Quay Unit TH132, 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
Premium Pricing
At $1145/sqft, this property is priced above the Cabbagetown average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 47 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.
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 $4,771 (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.