$2,650/mo - 460 Adelaide Street Unit PH 122, Cabbagetown
Condo for Rent in Cabbagetown
40 days on marketNeighbourhood: Moss Park
- MLS Number
- C13562900
- Property Type
- Condo
- Status
- active
- Days on Site
- 40
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- ROYAL HERITAGE REALTY LTD.
Welcome to this stunning penthouse suite at Axiom, featuring soaring 10-ft smooth ceilings, floor-to-ceiling windows, and a spacious balcony with spectacular city views. The modern chef-inspired kitchen is equipped with premium stainless steel appliances, marble backsplash, and a centre island offering additional storage and counter space-perfect for cooking and entertaining. The primary bedroom features professionally designed custom built-in closets, complemented by additional custom built-in storage in the front foyer for exceptional organization. The suite includes Ensuite Laundry, 1 exclusive parking space, a conveniently located 9th-floor locker, as well as an underground storage locker (two in total!). Residents can enjoy luxury amenities including a hotel-inspired lobby with 24-hour concierge, fitness centre with sauna and steam room, rooftop terrace with breathtaking lake and skyline views, theatre room, library, games room with billiard tables, luxurious party room, and pet spa. Exceptional downtown location across from the Globe and Mail Centre and just steps to Transit, Sugar Beach, Cherry Beach, George Brown College, Union Station, the Financial District, St. Lawrence Market, Future New Transit Hubs, and the Historic Distillery District. Move in and enjoy! Perfect for couples, professionals and students alike. ***Parking & 2 Locker's Included***
Discover Moss Park
Moss 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 Moss 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
Moss 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.
460 Adelaide Street Unit PH 122, 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 $2,650/mo, this is asking above the typical 1-bedroom rent of ~$2,300/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.
Market Position
At 40 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 500 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 Moss Park
I know Moss 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.
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.