$959,800

$998,888For salePrice drop↓ $39,088 (4%)

#301B 195 St. Patrick Street, Toronto (Kensington-Chinatown) - Single Family for Sale

#301B 195 St. Patrick Street, Toronto (Kensington-Chinatown), Ontario, M5R2Y8

3 beds2 baths1 parking1,500 ft²$1,242/mo condo feeListed 21 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,500 sq ft of space. It has been on the market 21 days, fresher than the Toronto average of 81 days.

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Description

Rarely Offered At One Park Lane. Spacious, Sun-Filled Downtown Living! Discover An Exceptional Opportunity To Own A Breathtaking Sprawling Approximately 1,500 Sq.Ft. Condo In The Highly Sought-After One Park Lane. Bright, Spacious And Thoughtfully Designed, This Impressive Residence Offers 2+1 Bedrooms, Two ensuite Bathrooms, Double Closets And Abundant Storage. Maximize Your Footprint With A Stunning Solarium That Effortlessly Transitions To Fit Your Lifestyle; Ideal For A Bright Work-From-Home Space, A Dozy Den, Or A Private Guest Room. Large Kitchen With Breakfast Area & Pantry. Perfect Downtown Location, Walking Distance To Hospitals, U Of T, OCAD University, TMU, ORDE Street Public School, Financial District, Nathan Phillips Square, Kensington Market, Grange Park, Great Shopping, Restaurants, Cultural Hub To AGO, Roy Thomson Hall, Princess Of Whales Theatre, Scotiabank Arena And Nightlife. Impressive Spacious Lobby, Koi Pond, Aquarium, And Manicured Plants. Parking, Ensuite Locker. Steps To St. Patrick Station. Convenience At Your Fingertips! Suitable For A Family, Students, Professionals Or Business Person. A Down-Sizers Dream. Don't Miss Out! (id:66096)

Property Details

MLS®: C14033032
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 2 above · 1 below
Bathrooms: 2
Parking: 1
Interior Size: 1,500 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Pool: Yes
Condo Fee: $1,242/mo
Fee Includes: Common Area Maintenance, Cable TV, Heat, Electricity, Water, Insurance
Ownership: Condo/Strata
Property Tax: $4,657.58/yr
Listed: 21 days ago

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Dryer, Window Coverings, Garage door opener remote(s)
Exterior: Brick
Lot Features: Elevator, Lighting, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

21d

Toronto (Kensington-Chinatown) listings, avg age

81d

Price / ft²

$640

List price

$960K

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 3-bed single family in Toronto (Kensington-Chinatown) has been listed for 21 days, which is 60 days fresher than the city average of 81. Act while there is still low competition.

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Listed by FOREST HILL REAL ESTATE INC. · VALERIE DOOLEY

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5R)

This home lists at $959,800, about 11.2× the local median household income of $86,000.

Carrying it typically needs a household income of about $187,483 (20% down, 25-yr amortization, stress-tested) — roughly 118% above the area median.

Median household income: $86,000
Population: 26,197
Median age: 42
Owner / renter: 39% / 61%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5R)

$959,800· $640/ft²

For sale

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Full Cost Breakdown

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Down Payment7.40% · $70,980

Min 7.40%50%

Mortgage payment$4,928/mo

↳ CMHC premium ($35,553 capitalized)

Property tax (est.)$388/mo

Condo fee$1,242/mo

Total monthly$6,558

Cash Needed to Close

Down payment (7.40%)$70,980

Land transfer tax$31,342

Est. closing costs$5,379

Total cash needed$107,701

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