$958,000 - 609 Sherbourne Street Unit 2104, Cabbagetown
Condo for Sale in Cabbagetown
Neighbourhood: North St. James Town
- MLS Number
- C13653996
- Property Type
- Condo
- Status
- active
- Days on Site
- 16
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- KELLER WILLIAMS REFERRED URBAN REALTY
Rarely do you find this combination of size, 3-bedroom functionality, corner-suite exposure and transit convenience at this price! Offering over 1,100 sq. ft., this brand-new, never-lived-in corner suite is just a 1-minute walk to Sherbourne Subway Station and delivers the space, layout and location that are increasingly difficult to find at this price point. Featuring a rare split-bedroom layout with no wasted space, this bright and spacious residence offers unobstructed views of lush greenery and an open-concept living and dining area ideal for both everyday living and entertaining. The chef-inspired kitchen is equipped with premium built-in appliances, sleek cabinetry and custom organizers for exceptional style and functionality. The generous primary bedroom features a large closet and spa-inspired ensuite, while the two additional bedrooms offer excellent flexibility for family, guests or a home office. Enjoy an impressive collection of building amenities, including a fitness centre, co-working space, guest suite, pet wash, music room, games room, theatre, multipurpose and children's rooms, plus a landscaped outdoor terrace with BBQs. Steps to groceries, cafés, restaurants and everyday conveniences, with easy access to Yorkville, Rosedale Ravine trails and surrounding parks. A rare turnkey opportunity to own a large, brand-new 3-bedroom corner suite in downtown Toronto-combining space, functionality, convenience and exceptional value at $958,000 only!
Estimate your monthly payments for this property
Estimated Payment
$4,915.04/mo
Includes CMHC insurance ($26,728)
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.
609 Sherbourne Street Unit 2104, 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 $958/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 16 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.
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.