$588,000 - 55 cooper Street Unit 4102, Cabbagetown
Condo for Sale in Cabbagetown
Neighbourhood: Waterfront Communities C8
- MLS Number
- C13643106
- Property Type
- Condo
- Status
- active
- Days on Site
- 18
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- BAY STREET GROUP INC.
Welcome To Luxury Living At Sugar Wharf By Menkes! Bright And Functional 1 Bedroom + Den Suite Featuring A Smart Open-Concept Layout, 10 Ft Smooth Ceilings, Floor-To-Ceiling Windows And Modern Finishes Throughout. Spacious Den With Sliding Door Can Be Used As A Second Bedroom, Home Office Or Guest Room. Contemporary Kitchen With Built-In Appliances, Quartz Countertops And Ample Cabinetry. Enjoy Breathtaking Unobstructed City Views From The Oversized Balcony. Residents enjoy access to an impressive range of amenities: state-of-the-art fitness facilities, yoga studio, indoor lap pool, co-working areas, entertainment lounges, guest suites, and a rooftop terrace built for relaxation and dining. Bell Internet & Unity Fitness membership included. Steps Away From Sugar Beach, Farm Boy, Loblaws, LCBO, George Brown College, and St. Lawrence Market; Direct Access To Future PATH & School. Enjoy quick access to Union Station, the Gardiner Expressway, the Financial District, and TTC transit; Sports and entertainment lovers will appreciate being minutes from Scotiabank Arena, Rogers Centre, theatres, concert venues, and some of the city's best restaurants, cafes, rooftop patios, and nightlife destinations. Grocery stores, boutique fitness studios, shopping, ferry access to the Toronto Islands, and nearby marinas further enhance the unmatched downtown waterfront lifestyle. Live In The The Best And The Largest Toronto Waterfront Community. The Lake. The Life. The City. Do Not Miss!!
Estimate your monthly payments for this property
Estimated Payment
$3,016.74/mo
Includes CMHC insurance ($16,405)
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 Waterfront Communities C8
Waterfront Communities C8 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 Waterfront Communities C8
- •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
Waterfront Communities C8 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.
55 cooper Street Unit 4102, 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 $980/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 18 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. We'll want to verify the monthly fees and what they include.
Efficient Living
At 600 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 Waterfront Communities C8
I know Waterfront Communities C8 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 $2,450 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.