$889,900 - 426 Queen Street Unit 101, Cabbagetown
Condo for Sale in Cabbagetown
Popular ListingNeighbourhood: Regent Park
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- MLS Number
- C13820212
- Property Type
- Condo
- Status
- active
- Days on Site
- 14
- Bedrooms
- 1
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Taxes (2026)
- $3,844
- Maintenance Fees
- $932/mo
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE ESTATE REALTY
Rarely Offered Authentic Hard Loft In The Historic Knitting Mill Lofts! This Striking Two-Level Residence Is Loaded With Character, Blending The Building's Industrial Heritage With Thoughtful Modern Updates. Soaring 12 Ft Ceilings, Oversized Windows And Incredible Natural Light Set The Stage, While Original Hardwood Floors, Exposed Brick, Timber Posts And Beams, Wood-Plank Ceilings And Exposed Ductwork Deliver The True Hard-Loft Feel. The Expansive Open Concept Main Level Offers An Ideal Layout For Entertaining, With Generous Living And Dining Areas And A Renovated Kitchen Featuring A Large Breakfast Bar, Quartz Counters, Contemporary Backsplash, Stainless Steel Appliances, Gas Stove And Wine Fridge. A Wide Staircase Leads To The Generously Sized Primary Bedroom Retreat, Complete With A Large Walk-In Closet And Renovated 5-Pc Ensuite With Double Vanity. Custom Built-In Storage Throughout Plus A Convenient 2-Pc Powder Room On The Main Level. A Rare Opportunity To Own A Truly Distinctive Two-Storey Loft At 426 Queen St E, Where Authentic Industrial Character Meets Modern Downtown Living. Perfectly Positioned On The Edge Of Historic Corktown, One Of Downtown Toronto's Most Character-Filled Neighbourhoods, With Its Celebrated Mix Of Heritage Architecture, Independent Cafes And Restaurants, Parks And Green Spaces. Steps To The Queen Streetcar And Minutes To The Distillery District, St. Lawrence Market And Downtown Core, With Easy Access To The DVP And Gardiner. Even More Connectivity Is On The Way With The Future Ontario Line's Corktown Station, Bringing Rapid Subway Service Just A Short Walk Away. An Exceptional Opportunity To Own A Truly Distinctive Piece Of Toronto's Industrial History In The Heart Of The Downtown East!
Estimate your monthly payments for this property
Estimated Payment
$4,565.65/mo
Includes CMHC insurance ($24,828)
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 Regent Park
Regent Park 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
- •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 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.
426 Queen Street Unit 101, 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 $890/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.
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. The $932/month fees should cover building insurance, common elements, and reserve contributions.
About Regent Park
I know Regent Park 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 $3,708 (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.