$399,990 - 70 Princess Street Unit 609, Cabbagetown
Condo for Sale in Cabbagetown
New — Listed 4 days agoNeighbourhood: Waterfront Communities C8
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- MLS Number
- C13845976
- Property Type
- Condo
- Status
- active
- Days on Site
- 4
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Taxes (2026)
- $2,478
- Maintenance Fees
- $465/mo
- Locker
- None
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- UNION CAPITAL REALTY
It's hard to compete with this 535 square foot space idyllically located at Front Street East and Sherbourne. The reputable Pemberton has maximized the 1 bedroom + den, and 1 bath unit, with 9 foot high ceilings and extra wide premium 7" laminate floors throughout. Exterior facing, the unit is brightly lit with tons of natural light highlighted by both floor-to-ceiling windows and a living room balcony. Roller shades for all windows included for privacy. Kitchen features include custom-style cabinetry, quartz countertop, under cabinet lighting, subway-style tile backsplash, under-mounted stainless-steel sink with single lever pull-out facet, and stainless-steel appliance package (counter-depth refrigerator, built-in oven, dishwasher, built-in combination microwave range hood). Enjoy the bedroom's useful mirrored closet doors and ventilated closet shelving. Get acquainted with the bathroom's soaker tub, full-wall bathroom mirror, custom shelf, quartz counters and elongated toilet. Den functions as a flexible space to meet your at-home needs for work or hosting guests, etc. Convenient in-unit stacked washer + dryer included. Abundant amenities include 24-hour concierge, a fitness centre (with weight, cardio, and yoga/pilates rooms), theatre room, games room, outdoor terrace and dining area with BBQs, party room, and infinity edge pool with private cabanas. With a 99/100 walk score and 100/100 transit score nothing is far: The Distillery District, St. Lawrence Market, Union Station, Upcoming Ontario Subway line, coffee shops (Aroma Espresso Bar, Starbucks, Balzacs, Neo Coffee Bar), post-secondary institutions (George Brown College, Ryerson University), groceries (Metro, Loblaws, LCBO), + many nearby parks.
Estimate your monthly payments for this property
Estimated Payment
$2,052.16/mo
Includes CMHC insurance ($11,160)
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 Waterfront Communities C8
Waterfront Communities C8 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 Waterfront Communities C8
- •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
Waterfront Communities C8 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 Princess Street Unit 609, 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
Competitive Pricing
At $800/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
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 $465/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 500 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 Waterfront Communities C8
I know Waterfront Communities C8 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.