$569,999 - 88 Scott Street Unit 2106, Cabbagetown
New Construction for Sale in Cabbagetown
43 days on marketNeighbourhood: Church-Yonge Corridor
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- MLS Number
- C13711738
- Property Type
- New Construction
- Status
- active
- Days on Site
- 43
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 500 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Taxes (2025)
- $2,813
- Maintenance Fees
- $528/mo
- Locker
- Owned
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- NEW ERA REAL ESTATE
Welcome to this stylish 1-bedroom + den suite that perfectly blends modern comfort with exceptional downtown convenience. Designed with a smart, open-concept layout, this bright and inviting home features laminate flooring, large windows, and a sleek kitchen complete with built-in appliances and a breakfast bar-ideal for cooking, everyday living, and entertaining. Enjoy breathtaking panoramic city views and spectacular sunsets from the suite's sought-after east exposure. Floor-to-ceiling bedroom windows fill the space with natural light by day and provide sparkling skyline views by night. The versatile den is perfect for a home office or guest space, and the suite also includes convenient ensuite laundry. The home has been fully renovated, including brand new flooring and fresh painting. Residents enjoy access to an exceptional range of resort-style amenities, including: 24-hour concierge, Indoor swimming pool, Fully equipped fitness studio, Steam room, Elegant party room with BBQ terrace, Spectacular two-level sky lounge with panoramic views of the lake and city skyline and more!! Ideally situated just steps to everything downtown Toronto has to offer, including:, Union Station, The PATH, GO Transit, UP Express, Toronto Waterfront & Toronto Islands ferry, Financial District, Scotiabank Arena, Rogers Centre. Surrounded by world-class dining, shopping, and entertainment (including St.Lawrence Market, Berczy Park, and the Distillery District) With a perfect 100 Walk Score, you're truly in the heart of it all.
Estimate your monthly payments for this property
Estimated Payment
$2,924.39/mo
Includes CMHC insurance ($15,903)
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.
88 Scott Street Unit 2106, 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 $1140/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 43 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.
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 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.
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 $2,375 (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.