$585,000 - 95 Lombard Street Unit 505, Cabbagetown
Condo for Sale in Cabbagetown
New — Listed todayNeighbourhood: Church-Yonge Corridor
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- MLS Number
- C14108130
- Property Type
- Condo
- Status
- active
- Days on Site
- 0
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Taxes (2025)
- $3,069
- Maintenance Fees
- $1,386/mo
- Locker
- Owned
- Exposure
- South West
- Balcony
- None
- Listing Brokerage
- UNION REALTY BROKERAGE INC.
Welcome to St.James Square! A spacious and thoughtfully designed 1+1 bedroom, 2 bathroom condo in the highly desirable St. Lawrence Market neighbourhood. Offering an exceptional layout, this suite features a large den with expansive windows-perfect for a home office or guest space-and a generously sized primary bedroom complete with an updated 4-piece ensuite.The oversized, renovated kitchen is a true standout, boasting a large peninsula, abundant cabinetry, and ample storage-ideal for both everyday living and entertaining. Enjoy multiple storage solutions including a hall closet and locker, plus the convenience of one parking space.This well-managed boutique building offers only five suites per floor, fostering a quiet, community-oriented atmosphere with many long-term owners. Residents enjoy access to excellent amenities including a gym and party room, while all-inclusive maintenance fees mean no additional utility bills.Perfectly situated on a charming street near Jarvis & Adelaide, you'll experience the best of both worlds. Nestled in the northwest corner of the historic St. Lawrence Market neighbourhood, you're just steps to the iconic market, Distillery District, shops, and restaurants-while also being moments to Yonge Street, the Eaton Centre, and Toronto's Financial District.If you're seeking the character and charm of St. Lawrence paired with the convenience and energy of downtown living, this is the one.
Estimate your monthly payments for this property
Estimated Payment
$3,001.35/mo
Includes CMHC insurance ($16,322)
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.
95 Lombard Street Unit 505, 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 $585/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 $1386/month fees should cover building insurance, common elements, and reserve contributions.
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 $2,438 (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.