$375,000 - 7 King Street Unit 602, Cabbagetown
Condo for Sale in Cabbagetown
38 days on marketNeighbourhood: Church-Yonge Corridor
- MLS Number
- C13573744
- Property Type
- Condo
- Status
- active
- Days on Site
- 38
- Bedrooms
- 0
- Bathrooms
- 1
- Square Feet
- N/A sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Exclusive
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- REAL ESTATE HOMEWARD
Imagine leaving your condo in the morning and walking to work in the Financial District. Meeting your friends for dinner in the Distillery District or St. Lawrence Market Grabbing coffee around the corner, catching a Leafs or Blue Jays game, or spending the evening at the theatre, all without needing your car. With King Subway Station and the PATH steps away, the very best of downtown Toronto is right outside your door at The Metropole! This bright and functional studio suite in this highly desired building features expansive 9.5-foot ceilings, oversized windows, fresh flooring, an open-concept layout, a kitchen with breakfast bar, ensuite laundry, and a private storage locker on the third floor. Even better, the low condo fees include heat, hydro and central air conditioning, a rare value in today's market. Perfect if you're a first-time buyer, a parent purchasing a home for your son or daughter attending U of T, TMU or George Brown, an investor, or anyone looking for the ideal downtown pied-à-terre. You will love the exceptional amenities including 24-hour concierge service, an indoor pool, fitness centre, steam room, party room, billiards lounge, and two rooftop terraces with BBQs and epic panoramic city views. Affordable. Convenient. Connected. Whether you're buying your first home, securing a place for your student, or looking for a smart investment in one of Toronto's most walkable neighbourhoods, Suite 602 is a fantastic opportunity to enjoy everything downtown living has to offer.
Estimate your monthly payments for this property
Estimated Payment
$1,923.94/mo
Includes CMHC insurance ($10,463)
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 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
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.
7 King Street Unit 602, Regent Park / Cabbagetown / St. James Town
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Rental income estimator & ROI calculator
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
Market Position
At 38 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.
Efficient Living
At 0 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.