$599,000

For sale

#1202 96 St Patrick Street, Toronto (Kensington-Chinatown) - Single Family for Sale

#1202 96 St Patrick Street, Toronto (Kensington-Chinatown), Ontario, M5T1V2

1 bed1 bath1 parking650 ft²$758/mo condo feeListed 59 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Listed at $599,000, it is attractively priced about 11% below the $675,000 median asking price in Toronto. It has been on the market 59 days, fresher than the Toronto average of 81 days.

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Description

Welcome to Suite 1202 at 96 St Patrick Street. There is much to appreciate about this spacious, light-filled, 630 square foot one-bedroom layout. Features of note include an open concept kitchen with granite counter tops and stainless steel appliances, a large living and dining area with floor-to-ceiling windows offering an appealing western exposure, a large bathroom, and a spacious bedroom with a walk-in closet and a walk-out to a balcony that offers an expansive urban view featuring the Ontario College of Art and Design and the CN Tower. The unit comes with one parking spot (P1, #17) and two storage lockers (89 inches x 54 inches and 60 inches x 40 inches) which provide an abundance of storage space. ***Building amenities*** Amenities include 24 hour concierge, library, party room, outdoor patio with seasonal hot tub and two BBQs, one guest suite, exercise room with lockers, restroom and showers, visitor parking and two Electrical Vehicle parking spaces. ***Neighbourhood*** This ideal location provides quick access to all the pleasures of city living. It is a great location as you are only minutes away from shops, restaurants, grocery stores, pubs, parks, art galleries, theatres, and sporting and concert venues. Everything is within walking distance, or you can take the subway (St Patrick TTC station is only a few minute walk away). (id:66096)

Property Details

MLS®: C13756780
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $758/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,291.77/yr
Listed: 59 days ago

Rooms

Flat

Bedroom: 3.58 x 3.15 meters
Kitchen: 2.69 x 2.36 meters
Living room: 6.12 x 3.2 meters
Dining room: 6.12 x 3.2 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Microwave, Hood Fan, Window Coverings
Flooring: Tile, Laminate
Exterior: Concrete
Lot Features: Balcony, Carpet Free, Guest Suite

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

59d

Toronto (Kensington-Chinatown) listings, avg age

81d

Price / ft²

$922

List price

$599K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 1-bed single family in Toronto (Kensington-Chinatown) has been listed for 59 days, which is 22 days fresher than the city average of 81. Act while there is still low competition.

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Listed by SAGE REAL ESTATE LIMITED · DIMITRIOS TSOTOS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5T)

This home lists at $599,000, about 9.7× the local median household income of $61,600.

Carrying it typically needs a household income of about $117,006 (20% down, 25-yr amortization, stress-tested) — roughly 90% above the area median.

Median household income: $61,600
Population: 17,903
Median age: 36
Owner / renter: 32% / 68%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M5T)

$599,000· $922/ft²

For sale

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Full Cost Breakdown

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Down Payment5.83% · $34,900

Min 5.83%50%

Mortgage payment$3,127/mo

↳ CMHC premium ($22,564 capitalized)

Property tax (est.)$274/mo

Condo fee$758/mo

Total monthly$4,160

Cash Needed to Close

Down payment (5.83%)$34,900

Land transfer tax$16,910

Est. closing costs$4,297

Total cash needed$56,107

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