$949,999 - 88 Queen Street Unit 4707, Cabbagetown
Condo for Sale in Cabbagetown
160 days on market- MLS Number
- C12593678
- Property Type
- Condo
- Status
- active
- Days on Site
- 160
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 600 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- Owned
- Exposure
- South
- Balcony
- Open
- Listing Brokerage
- T-ONE GROUP REALTY INC.,
47th-floor south-facing luxury with Toronto Island views, parking and locker included.This is a rare opportunity to own one of the best views in downtown Toronto. Sitting on the 47th floor with a true south exposure, this upgraded suite offers panoramic lake views, clear sightlines to the Toronto Islands, and an impressive skyline backdrop.The unit features a bright open-concept layout with 2 bedrooms and 2 spa-inspired bathrooms, upgraded hardwood flooring, and a modern kitchen with enhanced cabinetry, backsplash, and countertops. Floor-to-ceiling windows bring in abundant natural light, and both the living room and primary bedroom open to a private balcony overlooking the city and lake.Parking and locker are included. The unit also comes with several premium custom upgrades: custom installed ceiling lighting, automatic roller blinds, a custom wardrobe, and a custom shoe cabinet. These can all remain for the buyer if desired.88 Queen St E offers top-tier amenities including a rooftop infinity pool and hot tub with cabanas, a wraparound terrace with BBQs, a fitness and yoga studio, co-working lounge, theatre room, multiple lounge spaces, and a modern party and dining room with a chef-inspired kitchen. The building also has 24/7 security and enhanced garage safety.The location delivers unmatched convenience with a perfect walk score and transit score. You are steps from Queen Subway Station, the Eaton Centre, TMU, St. Michael's Hospital, Massey Hall, Mirvish Theatre, and the Financial District. Direct concourse access connects you to cafés, shops, child care, salon and barber services, a dog spa, work lounges, a 24-hour premium convenience store, and a full-size No Frills grocery.This is an ideal investment or move-in home with one of the best south views in the building. We are motivated to sell and encourage interested buyers to reach out.
Estimate your monthly payments for this property
Estimated Payment
$4,873.99/mo
Includes CMHC insurance ($26,505)
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 Regent Park / Cabbagetown / St. James Town
Regent Park / Cabbagetown / 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 Regent Park / Cabbagetown / 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
Regent Park / Cabbagetown / 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.
88 Queen Street Unit 4707, Regent Park / Cabbagetown / St. James Town
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
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
Premium Pricing
At $1583/sqft, this property is priced above the Cabbagetown average of $950/sqft. I'd want to see upgraded finishes, premium location, or recent renovations to justify this price point. During our showing, I'll point out exactly what you're paying extra for.
Negotiation Opportunity
At 160 days on site, this property has exceeded the typical selling timeline for Cabbagetown. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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 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.
Investment Perspective
Looking at this as an investment: Cabbagetown properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,958 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.