$938,000 - 609 Sherbourne Street Unit 2104, Cabbagetown
Condo for Sale in Cabbagetown
Neighbourhood: North St. James Town
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- MLS Number
- C13814932
- Property Type
- Condo
- Status
- active
- Days on Site
- 15
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Maintenance Fees
- $805/mo
- Locker
- Owned
- Exposure
- North West
- Balcony
- Open
- Listing Brokerage
- KELLER WILLIAMS REFERRED URBAN REALTY
WHY COMPROMISE ON SPACE? OWN OVER 1,100 SQ FT, 3 BEDROOMS & A CORNER SUITE FOR $938K! Welcome to a brand-new, never-lived-in corner suite offering the space, privacy and functionality that are increasingly difficult to find in downtown Toronto. With over 1,100 sq. ft., 3 bedrooms, unobstructed green views and a rare split-bedroom layout, this residence delivers the feel of a spacious home with the convenience of city living. Just a 1-minute walk to Sherbourne Subway Station, getting around the city couldn't be easier. Inside, the thoughtfully designed floorplan maximizes every square foot, with excellent separation between bedrooms and no wasted space. The bright open-concept living and dining area is surrounded by natural light and offers beautiful views of lush greenery-an inviting space for both everyday living and entertaining. The modern chef-inspired kitchen features premium built-in appliances, sleek cabinetry and custom organizers, combining style with exceptional functionality. The spacious primary bedroom features a large closet and spa-inspired ensuite, while the two additional bedrooms provide outstanding flexibility for family, guests, a home office or other lifestyle needs. Step outside your suite and enjoy an impressive collection of amenities, including a fitness centre, co-working space, guest suite, pet wash, music room, games room, theatre, multipurpose room and children's room, plus a landscaped outdoor terrace with BBQs. And the location delivers on convenience. Groceries, cafés, restaurants and everyday essentials are all within easy reach, while Yorkville, Rosedale Ravine trails, parks and downtown Toronto are just minutes away. A rare downtown opportunity to own a large, brand-new 3-bedroom corner suite with 1,100+ sq. ft., green views and exceptional subway access-all for $938,000 only!
Estimate your monthly payments for this property
Estimated Payment
$4,812.43/mo
Includes CMHC insurance ($26,170)
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 $938/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 15 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. The $805/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.