$998,000 - 51 St Paul Street, Cabbagetown
Townhouse for Sale in Cabbagetown
Neighbourhood: Moss Park
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- MLS Number
- C13795840
- Property Type
- Townhouse
- Status
- active
- Days on Site
- 20
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,100 - 1,499 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Taxes (2026)
- $6,011
- Listing Brokerage
- REAL BROKER ONTARIO LTD.
Built with space, function, and views. Old houses are part of Toronto's charm. But they're not for everyone. Built in 2008, this Corktown home near King and Parliament gives you practical space, skyline views, and access to some of the city's most beloved hot spots. Century-old quirks not included. This townhome unfolds upward. The main floor stretches tall with high ceilings, grounded by a fireplace that adds coziness with the flick of a switch. The kitchen, dining, and living room connect, a space made for the game on the big screen, snacks within reach, and banter flowing easily from couch to kitchen. Upstairs, the primary bedroom has dual closets, full bath, plus laundry, so clean clothes actually make it out of the basket. Another full bath and two more bedrooms wait above, one that opens up to a Juliette balcony, the other ideal as an office or guest room. The rooftop is Corktown's skyline stage, the CN Tower photobombing between buildings. Up here, clocks stop working. It's as quiet or as lively as you need it to be. Down below, the garage offers storage space we all look for, with a locker room to tuck away everything you don't want to think about. Every level of this townhouse gives you room to breathe, focus, or unwind, without stepping on toes. Step outside and the Queen streetcar takes you to Lady Bug Wine Bar, Spaccio East, Impact Kitchen, and more. Rabba Fine Foods or Aisle 24 Market for the late-night grocery run. The Distillery, St. Lawrence Market, and King St. all within reach and within minutes.
Estimate your monthly payments for this property
Estimated Payment
$5,120.26/mo
Includes CMHC insurance ($27,844)
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.
51 St Paul Street, Regent Park / Cabbagetown / St. James Town
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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 $907/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.
Market Position
At 20 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.
Townhouse Benefits
Townhouses offer an excellent balance of space and maintenance. You get more room than a condo with lower upkeep than a detached home. Key things to verify: whether it's freehold or condo-titled (affects fees and rules), and the condition of shared walls for noise considerations. Townhouses in Cabbagetown have shown strong appreciation as families seek more space.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $4,158 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.