$829,000 - 50 Power Street Unit 523, Cabbagetown
Condo for Sale in Cabbagetown
211 days on marketNeighbourhood: Moss Park
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- MLS Number
- C12793164
- Property Type
- Condo
- Status
- active
- Days on Site
- 211
- Bedrooms
- 4
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- South West
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
3 Bed + Den | 2 Full Baths | Parking + Locker | 10' Ceilings | Concierge. Find yourself at home in this modern, light-filled residence located in the heart of one of Toronto's most vibrant neighbourhoods. Featuring over 10-foot smooth ceilings and expansive windows, this spacious 3-bedroom + den layout offers an effortless indoor-outdoor flow and an abundance of natural light throughout.The thoughtfully designed floor plan includes brand new stainless steel appliances, sleek finishes, and functional living space ideal for families or professionals working from home. The versatile den provides the perfect home office or flex space.Retreat to serene bedrooms designed for comfort and relaxation, while the spa-inspired full bathrooms feature fully tiled surrounds, contemporary vanities, and refined finishes that create a calm, elevated atmosphere.This 5-star building welcomes you with a stunning double-height lobby and 24-hour concierge, offering a lifestyle of convenience and security. Premium amenities include a fitness & yoga studio, artist workspace, pet spa, event room with caterer's kitchen, meeting lounge, games room, steam rooms, community garden, outdoor grills with fireplace, and more.Located steps from TTC and surrounded by Toronto's most dynamic destinations - including the historic Distillery District and St. Lawrence Market - this is urban living at its finest.Complete with 1 parking space, locker, and window coverings, this modern abode places you exactly where you want to be.
Estimate your monthly payments for this property
Estimated Payment
$4,253.20/mo
Includes CMHC insurance ($23,129)
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 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.
50 Power Street Unit 523, 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 $921/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.
Negotiation Opportunity
At 211 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 900 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.
Family-Friendly Layout
4 bedrooms hits the sweet spot for most families. You'll have room for 2-3 children plus a home office or guest room. This is the most sought-after configuration for families relocating to Cabbagetown. Good resale value as demand remains consistent.
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.