510 King Street Unit 402, Toronto C08

Price: $1,896,000

3 bedrooms, 3 bathrooms

1,600 sqft

Property Type: Condo

MLS#: C13778598

A rare King East offering: this custom 1,788 sq. ft. corner residence was created by combining two suites pre-construction, delivering the space, privacy and proportions of a home. Floor-to-ceiling windows capture natural light and unobstructed southwest skyline views, while three walkouts lead to an approximately 525 sq. ft. private terrace with 2 gas connections. The split-bedroom layout features two bedrooms, a dedicated den, two full bathrooms, powder room and separate laundry room. The private primary retreat occupies the entire footprint of the original adjoining suite and includes a luxurious Italian limestone ensuite with freestanding tub and ceiling-mounted rain shower.Refined details include a gas range, wet/wine bar, extensive custom millwork and striking 8-foot solid-core quarter-sawn white oak doors with matching baseboards. Complete with two side-by-side parking spaces and an extra-large locker, this exceptional Corktown residence offers a level of space, craftsmanship and outdoor living rarely found downtown.

510 King Street Unit 402 - Condo photo 1 of 47 in Regent Park / Cabbagetown / St. James Town, Ontario
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$1,896,000 - 510 King Street Unit 402, Cabbagetown

Condo for Sale in Cabbagetown

Neighbourhood: Moss Park

3Beds
3Baths
1,600Sq Ft
Condo

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Property Details
MLS Number
C13778598
Property Type
Condo
Status
active
Days on Site
23
Bedrooms
3
Bathrooms
3
Square Feet
1,600 sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Taxes (2026)
$7,804
Maintenance Fees
$1,769/mo
Locker
Owned
Exposure
South West
Balcony
Terrace
Listing Brokerage
RE/MAX HALLMARK REALTY LTD.
Description

A rare King East offering: this custom 1,788 sq. ft. corner residence was created by combining two suites pre-construction, delivering the space, privacy and proportions of a home. Floor-to-ceiling windows capture natural light and unobstructed southwest skyline views, while three walkouts lead to an approximately 525 sq. ft. private terrace with 2 gas connections. The split-bedroom layout features two bedrooms, a dedicated den, two full bathrooms, powder room and separate laundry room. The private primary retreat occupies the entire footprint of the original adjoining suite and includes a luxurious Italian limestone ensuite with freestanding tub and ceiling-mounted rain shower.Refined details include a gas range, wet/wine bar, extensive custom millwork and striking 8-foot solid-core quarter-sawn white oak doors with matching baseboards. Complete with two side-by-side parking spaces and an extra-large locker, this exceptional Corktown residence offers a level of space, craftsmanship and outdoor living rarely found downtown.

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Estimate your monthly payments for this property

Estimated Payment

$8,386.65/mo

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5-yr fixed avg.

Principal: $1,516,800Interest: $999,194
Mortgage Amount$1,516,800
Total Interest$999,194
Est. Property Tax$1,343/mo
Total Cost$2,515,994

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.

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Neighbourhood Guide: Moss Park

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

510 King Street Unit 402, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
-0.2%
Below Average

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$1,769
Property Tax (est.)-$1,343
Insurance (est.)-$395
Net Cash Flow-$267

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Premium Pricing

At $1185/sqft, this property is priced above the Cabbagetown average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.

Market Position

At 23 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 $1769/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.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

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.

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    510 King Street Unit 402 | $1,896,000 | Battaglia Team