$624,000 - 45 Carlton Street Unit 1901, Cabbagetown
Condo for Sale in Cabbagetown
New — Listed 6 days agoNeighbourhood: Church-Yonge Corridor
- MLS Number
- C13508078
- Property Type
- Condo
- Status
- active
- Days on Site
- 6
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 1,000 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- South
- Balcony
- None
- Listing Brokerage
- PROHOME REALTY
Welcome To This Rarely Offered And Exceptionally Spacious 1+1 Bedroom Residence At The Iconic Lexington, Offering Approximately 1,051 Sq. Ft. Of Thoughtfully Designed Living Space In The Heart Of Downtown Toronto. Bathed In Natural Light, This Bright South-Facing Suite Combines Generous Proportions, Modern Updates And Everyday Comfort In One Of The City's Most Convenient Locations. The Expansive Living And Dining Areas Provide Ample Space For Both Relaxed Daily Living And Entertaining. The Upgraded Kitchen Features Stainless Steel Appliances, Abundant Cabinetry And Counter Space, Plus A Large Centre Island With Breakfast-Bar Seating, Ideal For Casual Dining, Hosting And Meal Preparation. Updated Flooring And A Renovated Bathroom Add A Fresh, Contemporary Feel Throughout. The Spacious Primary Bedroom Features A Generous Walk-In Closet, While The Versatile Den Is Ideal For A Home Office, Guest Area Or Additional Living Space. Excellent In-Suite Storage And One Dedicated Underground Parking Space Complete This Impressive Offering. Maintenance Fees Include All Utilities, Including Heat, Hydro, Water And Central Air Conditioning, As Well As Building Insurance And Parking. Residents Enjoy An Extensive Collection Of Building Amenities, Including 24-Hour Concierge And Security, Indoor Swimming Pool, Whirlpool, Fully Equipped Fitness Centre, Sauna, Steam Room, Squash Court, Indoor Running Track, Billiards And Games Room, Party And Meeting Rooms, Library, Outdoor Terrace And Visitor Parking. Ideally Located Steps From College Subway Station And The 506 Carlton Streetcar, With Loblaws At The Historic Maple Leaf Gardens Directly Across The Street. Walk To Toronto Metropolitan University, The University Of Toronto, Yorkville, College Park, Queen's Park, Major Hospitals, Government Offices, Eaton Centre, Yonge-Dundas Square, Restaurants, Cafés And Shopping. A Rare Opportunity To Own An Oversized, Updated Downtown Home With Parking In An Unbeatable Yonge And Carlton Location.
Estimate your monthly payments for this property
Estimated Payment
$3,201.44/mo
Includes CMHC insurance ($17,410)
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 Church-Yonge Corridor
Church-Yonge Corridor 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 Church-Yonge Corridor
- •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
Church-Yonge Corridor 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.
45 Carlton Street Unit 1901, 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 $624/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.
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.
About Church-Yonge Corridor
I know Church-Yonge Corridor 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 $2,600 (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.