$629,000 - 415 Jarvis Street Unit 369, Cabbagetown
Condo for Sale in Cabbagetown
63 days on marketNeighbourhood: Cabbagetown-South St. James Town
- MLS Number
- C13475440
- Property Type
- Condo
- Status
- active
- Days on Site
- 63
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 800 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Ensuite
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- ELITE CAPITAL REALTY INC.
Located in one of downtown Toronto's most connected yet surprisingly peaceful neighbourhoods, this rare two-bedroom townhouse at The Central offers a lifestyle that's difficult to find in the condo market. Unlike most downtown condominiums, enjoy the convenience and privacy of your own walk-up front entrance-no elevators, long hallways, or shared lobbies between you and home.The standout feature is the expansive private rooftop terrace, overlooking Montague Park and a lush tree-lined greenspace. Tucked away from Jarvis Street, this outdoor retreat is remarkably quiet and provides the perfect setting for morning coffee, entertaining friends, or relaxing with unobstructed park views.Situated just steps from the charm and character of historic Cabbagetown, you'll enjoy a neighbourhood known for its Victorian homes, cafés, and community feel, while remaining in the heart of downtown. Daily errands are effortless with grocery stores, restaurants, cafés, bars, fitness centres, and TMU all within walking distance. The College Station Line 1 subway is just a 5-minute walk away, and cyclists can reach the CN Tower and waterfront in about 15 minutes. Move-in ready, this townhouse offers a rare blend of privacy, outdoor space, and unbeatable convenience in a truly central yet quiet downtown setting.
Estimate your monthly payments for this property
Estimated Payment
$3,227.10/mo
Includes CMHC insurance ($17,549)
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 Cabbagetown-South St. James Town
Cabbagetown-South 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 Cabbagetown-South 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
Cabbagetown-South 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.
415 Jarvis Street Unit 369, 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
Competitive Pricing
At $786/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Negotiation Opportunity
At 63 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.
About Cabbagetown-South St. James Town
I know Cabbagetown-South St. James Town 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 $2,621 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.