$659,900 - 50 Power Street Unit 713, Cabbagetown
Condo for Sale in Cabbagetown
Popular ListingNeighbourhood: Moss Park
- MLS Number
- C13500820
- Property Type
- Condo
- Status
- active
- Days on Site
- 8
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 800 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- LPT REALTY
Welcome to "Home on Power" by Great Gulf-this exceptional fully furnished corner suite offers one of the most desirable and largest 2-bedroom layouts in the building. Featuring 2 bedrooms and 2 bathrooms, the suite offers approximately 804 sq. ft. of well-designed interior space plus a 49 sq. ft. balcony (total 853 sq. ft.). This bright corner unit is enhanced by 9-foot ceilings and floor-to-ceiling windows, delivering an abundance of natural light throughout the day. The open-concept layout has been thoughtfully designed to maximize both space and functionality, creating a modern and comfortable urban living experience. The contemporary kitchen features sleek stone countertops and stainless steel appliances, seamlessly flowing into the living and dining areas-ideal for both everyday living and entertaining. The unit is fully furnished, offering a true turnkey opportunity for end-users or investors. Top 4 Reasons to Buy: 1) One of the largest 2-bed layouts in the building-rare space, highly functional and livable. 2) Corner unit-exceptional natural light, added privacy, and airy feel throughout. 3) Parking + locker included-rare downtown convenience and added value. 4) Fully furnished and move-in ready-true turnkey opportunity. Ideally located just minutes from the downtown core, with easy access to major highways, TTC, shops, restaurants, and the vibrant Distillery District. Residents enjoy a full suite of amenities including a fitness and yoga studio, artist workspace, party room, lounge and meeting spaces, games room, outdoor pool, community garden, and BBQ area. Vacant and ready for immediate occupancy-this is refined urban living in one of Toronto's most sought-after communities. A must-see opportunity.
Estimate your monthly payments for this property
Estimated Payment
$3,385.63/mo
Includes CMHC insurance ($18,411)
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 713, Regent Park / Cabbagetown / St. James Town
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $825/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. 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 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.
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 $2,750 (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.