$1,349,900 - 575 Bloor Street Unit 503, Cabbagetown
Condo for Sale in Cabbagetown
New — Listed 3 days agoNeighbourhood: North St. James Town
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- MLS Number
- C14098220
- Property Type
- Condo
- Status
- active
- Days on Site
- 3
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,200 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Taxes (2026)
- $6,837
- Maintenance Fees
- $1,236/mo
- Locker
- Owned
- Exposure
- North East
- Balcony
- Terrace
- Listing Brokerage
- FOREST HILL REAL ESTATE INC.
Set above the treetops of the Rosedale Ravine, Suite 503 offers a rare combination of refined condominium living with the space, privacy, and natural surroundings of a large home. Built by Tridel in 2022, this exceptional suite offers 1,337 sq. ft. of thoughtfully designed interior space, complemented by a generous private terrace with a natural gas BBQ connection and breathtaking, unobstructed ravine views. Nearly 60 feet of floor-to-ceiling windows, free of bulkheads, fill the interiors with natural light and create a seamless connection to the surrounding landscape. The open-concept living and dining areas are beautifully appointed, with a custom kitchen island, premium finishes, and a distinct family room area offering flexibility for everyday living and entertaining. A separate den with custom built-in millwork and natural light provides an elegant, functional work-from-home space. The spacious primary retreat accommodates a king-sized bed and features a custom closet, a spa-inspired ensuite with double vanity, and direct access to the terrace. The second bedroom offers its own ensuite, upgraded closet, and tranquil ravine views. A stylish powder room adds convenience for guests. Residents enjoy an impressive collection of hotel-inspired amenities, including 24-hour concierge, state-of-the-art fitness facilities, outdoor pool, hot tubs, sauna, landscaped terraces, workspaces, and visitor parking. With two subway stations nearby, Yorkville and the Financial District within easy reach, and ravine trails, cycling routes, Evergreen Brick Works, and the DVP close at hand, this is a distinctive offering where generous proportions, contemporary luxury, and an extraordinary connection to nature converge in the heart of Toronto.
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Estimated Payment
$5,971.06/mo
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 North St. James Town
North St. James Town 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 North St. James Town
- •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
North St. James Town 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.
575 Bloor Street Unit 503, 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 $1125/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.
Just Listed - Act Strategically
This property hit the market within the last week. In Cabbagetown's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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 $1236/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 North St. James Town
I know North St. James Town 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.