$1,150,888

For saleJust listed

#420 121 St Patrick Street, Toronto (Kensington-Chinatown) - Single Family for Sale

#420 121 St Patrick Street, Toronto (Kensington-Chinatown), Ontario, M5T0B8

3 beds2 baths1 parking1,300 ft²$1,154/mo condo feeListed 6 days ago

Overview

This 3-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 1,300 sq ft of space. It has been on the market 6 days, fresher than the Toronto average of 81 days.

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Description

Welcome to Artists' Alley at 121 St. Patrick Street! This spacious 3-bedroom, 2-bathroom suite on the 4th floor offers an impressive 1,236 sq. ft. of well-designed living space, featuring an open-concept living and dining area, a functional kitchen, and three generously sized bedrooms. Enjoy exceptional building amenities, including a rooftop outdoor pool and jacuzzi, fitness centre, yoga studio, party room, rooftop terrace, and 24-hour concierge. Ideally located in the heart of downtown Toronto at Dundas & University, just steps to St. Patrick Subway Station, OCAD University, the Art Gallery of Ontario, University of Toronto, Toronto Metropolitan University, major hospitals, and the Financial District. Explore nearby Eaton Centre, Chinatown, Kensington Market, and an excellent selection of restaurants, cafés, shopping, and entertainment. An outstanding opportunity to own a spacious suite in one of downtown Toronto's most vibrant and convenient neighbourhoods! (id:66096)

Property Details

MLS®: C14129492
Property Type: Single Family
Bedrooms: 3
Beds (above / below): 3 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $1,154/mo
Fee Includes: Common Area Maintenance, Heat, Insurance, Parking
Ownership: Condo/Strata
Listed: 6 days ago

Rooms

Main level

Kitchen: 7.34 x 4.08 meters
Living room: 7.34 x 4.08 meters
Dining room: 7.34 x 4.08 meters
Primary Bedroom: 4.08 x 2.8 meters
Bedroom 2: 3.01 x 2.74 meters
Bedroom 3: 2.68 x 2.77 meters

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

Features

Exterior: Concrete
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Toronto (Kensington-Chinatown) listings, avg age

81d

Price / ft²

$886

List price

$1.15M

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 6 days, which is 75 days fresher than the city average of 81. Act while there is still low competition.

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Listed by ORION REALTY CORPORATION · RALPH JOSEPH DEL DUCA

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5T)

This home lists at $1,150,888, about 18.7× the local median household income of $61,600.

Carrying it typically needs a household income of about $224,809 (20% down, 25-yr amortization, stress-tested) — roughly 265% 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)

$1,150,888· $886/ft²

For sale

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Full Cost Breakdown

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Down Payment7.83% · $90,088.80

Min 7.83%50%

Mortgage payment$5,881/mo

↳ CMHC premium ($42,432 capitalized)

Est. property tax$0/mo

Condo fee$1,154/mo

Total monthly$7,035

Cash Needed to Close

Down payment (7.83%)$90,089

Land transfer tax$38,986

Est. closing costs$5,953

Total cash needed$135,027

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