$515,000 - 585 Bloor Street Unit 821, Cabbagetown
Condo for Sale in Cabbagetown
Popular ListingNeighbourhood: North St. James Town
- MLS Number
- C13680082
- Property Type
- Condo
- Status
- active
- Days on Site
- 8
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- REAL ONE REALTY INC.
Truely High Demand Area, 3minutes Walk to Subway Station, 3Minutes Driving to DVP( by Google Map), Very bright and modern 1 bedroom + 1 den offering functional living in the heart of the city. This excellent-designed TRIDEL built unit features an open-concept layout with floor-to-ceiling windows, filling the space with natural light and showcasing city views, perfect enjoying your morning coffee, breakfast, or unwinding after a long day.The versatile den is ideal for a home office or additional living space. The contemporary kitchen is equipped with stainless steel appliances, sleek cabinetry, and ample storage, seamlessly flowing into the living and dining area - ideal for both everyday living and entertaining. The spacious bedroom includes a large window and closet with a 3pc ensuite, while the unit offers a smart, efficient layout throughout.Located steps to Bloor & Sherbourne subway, Yorkville, Rosedale Ravine, and some of Toronto's best dining, shopping, and amenities. Enjoy building features including concierge, gym, rooftop terrace, outdoor pool, threate, kids zone and more.Perfect for first-time buyers, investors, or professionals seeking convenience and lifestyle in a prime downtown location. Locker values at $5,000 included in the unit.
Estimate your monthly payments for this property
Estimated Payment
$2,642.22/mo
Includes CMHC insurance ($14,369)
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.
585 Bloor Street Unit 821, 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 $858/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.
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 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.
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 $2,146 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.