$960,000 - 51 Trolley Crescent Unit 604, Cabbagetown
Condo for Sale in Cabbagetown
Neighbourhood: Moss Park
Want to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- C13753276
- Property Type
- Condo
- Status
- active
- Days on Site
- 29
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Taxes (2026)
- $4,719
- Maintenance Fees
- $853/mo
- Locker
- Owned
- Exposure
- North South
- Balcony
- Open
- Listing Brokerage
- EXP REALTY
Welcome to River City! This exceptional 2 bedroom + den corner suite offers an impressive sense of space with a model-like feel, a highly functional layout and floor-to-ceiling windows bringing in an abundance of natural light. The expansive open-concept living and dining areas provide plenty of room to entertain and relax, while the versatile open den is ideal for a home office, reading area or additional living space. Thoughtfully upgraded with wide 6" plank white oak flooring, custom LED lighting, custom sheer curtains and modular closet systems throughout. The sleek designer kitchen features custom-made Italian piano lacquer cabinetry, Neolith Calacatta slab backsplash, Corian countertops with integrated sink, oversized centre island with seating, integrated Bosch cooktop, Whirlpool stainless steel range, panel-integrated full-size dishwasher and two Summit counter-height fridges, thoughtfully configured to maximize counter space. The spacious primary bedroom features floor-to-ceiling windows, his-and-hers closets, blackout roller shades and a beautifully renovated spa-like ensuite. The generous second bedroom offers excellent space and flexibility. Both bathrooms have been beautifully renovated with marble and mosaic tile, solid white oak vanities, custom Corian sinks with inset marble details and custom LED lighting. Enjoy a 156 sq. ft. private balcony with open views, along with ensuite laundry, excellent storage and 2 owned bike racks. Residents also enjoy impressive building amenities, including a beautiful outdoor pool. Streetcar access is directly across from the building, with easy access to the DVP and Gardiner, Don Trail, Waterfront Trail, Corktown Common, Underpass Park, Distillery District and Canary District. Surrounded by restaurants, cafes, parks and trails, this is a rare opportunity to enjoy space, style and convenience in one of Toronto's most distinctive communities.
Estimate your monthly payments for this property
Estimated Payment
$4,925.30/mo
Includes CMHC insurance ($26,784)
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 Trolley Crescent Unit 604, 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 $960/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 29 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. The $853/month fees should cover building insurance, common elements, and reserve contributions.
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 $4,000 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.