$949,000 - 90 Sherbourne Street Unit 301, Cabbagetown
Condo for Sale in Cabbagetown
Neighbourhood: Moss Park
- MLS Number
- C13464766
- Property Type
- Condo
- Status
- active
- Days on Site
- 18
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Locker
- None
- Exposure
- East
- Balcony
- None
- Listing Brokerage
- REMAX CONNECT REALTY
Get ready to fall in loft! Welcome to the famous Imperial Lofts - one of Toronto's most authentic true hard lofts! This magnificent loft has it all from vintage ambiance and century old character to updated living spaces and finishes. Step inside and be wowed by the nearly 1,200 square feet of living space just waiting for you to make it your own! The living room and den areas feature exposed brick, hardwood floors, original timber beams, sky-high 10.5-foot ceilings, and numerous warehouse windows overlooking the streetscape below. A sliding barn door leads to your primary suite, offering separation when you need privacy and openness when you don't. This primary suite is complete with a large closet with organizers, a 4-piece ensuite washroom, and ensuite laundry. The recently updated modern kitchen will inspire even the pickiest chefs with its stainless steel appliances, quartz counters, ample storage, and a breakfast bar perfect for quick meals or date nights in. The dining area boasts a quartz-topped sideboard with a built in wine fridge, perfect for entertaining! The entrance hallway offers a large storage closet and a 3-piece bathroom for guests. The expansive rooftop deck with BBQ area is ready for you whenever you feel like dining outdoors. When you're ready to step outside, this loft is all about location with the Financial District, Union Station, St. Lawrence Market, Distillery District, Corktown, the waterfront, and more all walking distance away. Plus, Toronto's best restaurants, shops, transit, and amenities are all at your doorstep. Welcome home!
Estimate your monthly payments for this property
Estimated Payment
$4,868.86/mo
Includes CMHC insurance ($26,477)
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 Moss Park
Moss Park 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 Moss Park
- •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
Moss Park 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.
90 Sherbourne Street Unit 301, 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 $949/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 18 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.
About Moss Park
I know Moss Park 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 $3,954 (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.