65 Mutual Street Unit 408, Toronto C08

Price: $495,000

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: C13857402

Welcome to Ivy Condos, a brand new residence offering a spacious 1-bedroom, 1-bathroom layout, in the heart of Toronto's vibrant Garden District. Enjoy beautiful west-facing views overlooking the park. This modern boutique-inspired building features organic architecture with frosted leaf exterior accents and a striking living green wall in the lobby. Designed by RAW Design and built by Dream Development, this contemporary high-rise features thoughtful open-concept layouts with nine-foot ceilings, floor-to-ceiling windows, and nature-inspired finishes throughout. Residents enjoy 24-hour concierge service and an exceptional suite of amenities including a fitness centre, Ivy Lounge with kitchen and wet bar, library with fireplace, business lounge, private dining room, pet spa, bike repair shop, and an outdoor terrace equipped with BBQs and firepits. Tucked along quiet Mutual Street just off Dundas, the location offers a perfect Walk and Transit Score of 100, positioned within steps of Toronto Metropolitan University, CF Toronto Eaton Centre, Yonge-Dundas Square, and the Financial District. Parking and locker are available at additional cost.

65 Mutual Street Unit 408 - Condo photo 1 of 8 in Regent Park / Cabbagetown / St. James Town, Ontario
65 Mutual Street Unit 408 - Condo photo 2 of 8 in Regent Park / Cabbagetown / St. James Town, Ontario
65 Mutual Street Unit 408 - Condo photo 3 of 8 in Regent Park / Cabbagetown / St. James Town, Ontario
65 Mutual Street Unit 408 - Condo photo 4 of 8 in Regent Park / Cabbagetown / St. James Town, Ontario
65 Mutual Street Unit 408 - Condo photo 5 of 8 in Regent Park / Cabbagetown / St. James Town, Ontario
65 Mutual Street Unit 408 - Condo photo 6 of 8 in Regent Park / Cabbagetown / St. James Town, Ontario
65 Mutual Street Unit 408 - Condo photo 7 of 8 in Regent Park / Cabbagetown / St. James Town, Ontario
65 Mutual Street Unit 408 - Condo photo 8 of 8 in Regent Park / Cabbagetown / St. James Town, Ontario
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New Listing
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$495,000 - 65 Mutual Street Unit 408, Cabbagetown

Condo for Sale in Cabbagetown

New — Listed 2 days ago

Neighbourhood: Church-Yonge Corridor

1Beds
1Baths
600Sq Ft
Condo

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Property Details
MLS Number
C13857402
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Regent Park / Cabbagetown / St. James Town
Taxes (2025)
$3,031
Maintenance Fees
$471/mo
Locker
None
Exposure
South West
Balcony
Open
Listing Brokerage
RESIDENTIAL DEVELOPMENT SERVICES INC.
Description

Welcome to Ivy Condos, a brand new residence offering a spacious 1-bedroom, 1-bathroom layout, in the heart of Toronto's vibrant Garden District. Enjoy beautiful west-facing views overlooking the park. This modern boutique-inspired building features organic architecture with frosted leaf exterior accents and a striking living green wall in the lobby. Designed by RAW Design and built by Dream Development, this contemporary high-rise features thoughtful open-concept layouts with nine-foot ceilings, floor-to-ceiling windows, and nature-inspired finishes throughout. Residents enjoy 24-hour concierge service and an exceptional suite of amenities including a fitness centre, Ivy Lounge with kitchen and wet bar, library with fireplace, business lounge, private dining room, pet spa, bike repair shop, and an outdoor terrace equipped with BBQs and firepits. Tucked along quiet Mutual Street just off Dundas, the location offers a perfect Walk and Transit Score of 100, positioned within steps of Toronto Metropolitan University, CF Toronto Eaton Centre, Yonge-Dundas Square, and the Financial District. Parking and locker are available at additional cost.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,539.61/mo

Includes CMHC insurance ($13,811)

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5-yr fixed avg.

Principal: $445,500Interest: $302,571
Mortgage Amount$459,311
Total Interest$302,571
Est. Property Tax$351/mo
Total Cost$761,882

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.

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Neighbourhood Guide: Church-Yonge Corridor

Discover Church-Yonge Corridor

Church-Yonge Corridor 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 Church-Yonge Corridor

  • •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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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

Church-Yonge Corridor 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.

70
Walk Score
Varies
Price Range

65 Mutual Street Unit 408, Regent Park / Cabbagetown / St. James Town

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
2.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$471
Property Tax (est.)-$351
Insurance (est.)-$103
Net Cash Flow+$875

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Fair Market Value

At $825/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 $471/month fees should cover building insurance, common elements, and reserve contributions.

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 Church-Yonge Corridor

I know Church-Yonge Corridor 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.

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.

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    65 Mutual Street Unit 408 | $495,000 | Battaglia Team