$929,999 - 55 Regent Park Boulevard Unit 415, Cabbagetown
Condo for Sale in Cabbagetown
47 days on marketNeighbourhood: Regent Park
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- MLS Number
- C13701788
- Property Type
- Condo
- Status
- active
- Days on Site
- 47
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Taxes (2025)
- $3,936
- Maintenance Fees
- $946/mo
- Locker
- Owned
- Exposure
- East
- Balcony
- Terrace
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY REALTY
Bright, spacious, and thoughtfully designed, this 3-bed, 2-bath suite at the coveted One Park Place - South Tower offers the perfect blend of comfort and urban style in one of Toronto's most vibrant neighborhoods. Featuring extra-high ceilings and brand-new floors throughout, the expansive open-concept layout is flooded with natural light from floor-to-ceiling windows. The space extends effortlessly to a rare, expansive, nearly 300 sq. ft. private terrace-a true downtown luxury that offers stunning city views and the perfect setting for morning coffees or relaxed evenings under the downtown skies. The modern kitchen is both stylish and functional, featuring sleek cabinetry, under-cabinet lighting, stainless steel appliances, ample storage, and a large island that offers generous space for meal prep and dining. The primary bedroom includes a 4-piece ensuite, generous closet space, and large floor-to-ceiling windows. Two additional spacious bedrooms feature closets and large floor-to-ceiling windows, with one offering a direct walkout to the terrace. No extra bills or hidden costs - maintenance fees are all-inclusive! Residents enjoy over 45,000 sq. ft. of premium amenities, including squash courts, a basketball gym, a state-of-the-art fitness centre, steam room, yoga studio, and a beautifully landscaped terrace with BBQ lounges. Built to LEED Gold Certification standards, this residence promotes sustainable living with water-saving systems and a green rooftop. Just steps to TTC, TMU, parks, community centres, shops, cafes, and more-this is downtown living at its finest. **Some photos have been virtually staged
Estimate your monthly payments for this property
Estimated Payment
$4,771.38/mo
Includes CMHC insurance ($25,947)
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 Regent Park
Regent 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 Regent 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
Regent 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.
55 Regent Park Boulevard Unit 415, Regent Park / Cabbagetown / St. James Town
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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 $1033/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.
Negotiation Opportunity
At 47 days on site, this property has exceeded the typical selling timeline for Cabbagetown. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 $946/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 900 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.
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 Regent Park
I know Regent 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.