72 St Patrick St
Kensington-Chinatown, Downtown Toronto, M5T 1V1
FOR SALE
$880,000
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BEDROOMS1
BATHROOMS1
KITCHENS6
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Property Description
Unique Opportunity! Village by the Grange street-level loft! Rare live-and-work zoning. Residential space with commercial zoning allowing a service-based business. Use the unit as all-commercial, all-residential, or a combination of the two. With direct street frontage in a prime downtown location, the possibilities are endless. It features a 12ft-high ceiling, loft-style bedroom with walk-in closet, a den area, large bathroom with separate walk-in for shower and standalone tub. It also features an impressive 300-sq ft terrace. All appliances are included. Property has access to gym, outdoor pool area, and party room. Condo fee covers heat, a/c, electricity, water, internet/tv package, common elements, maintenance. Being one of the widest units in the Grange complex makes this a great open concept space that could be used for a wide variety of businesses. Some of the businesses currently housed in the complex include a dental practice, doctors office, hair salon, lawyers office, and realtor, among others. The opportunity to get away from leasing costly space to owning your place of business makes this a golden opportunity!
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Nearby Intersections
Queen & University (92)
University & Dundas (43)
Property Features
Hospital, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Loft
Approximate Sq.Ft.
800-899
Taxes
$2,952 (2023)
Basement
None
Exterior
Stucco/Plaster
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 10.99' x 16.99' | |
| Dining | Main | 9.97' x 14.99' | |
| Kitchen | Main | 9.58' x 10.99' | |
| Prim Bdrm | Main | 8.79' x 14.47' | |
| Den | Main | 5.48' x 9.97' |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
72 St Patrick St is a 1-bedroom 1-bathroom condo listed for sale at $880,000, which is $276,456 (45.8%) higher than the average sold price of $603,544 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $5,791 (1.0%) compared to the previous 30 day period (February 26 - March 26) and down $19,907 (3.2%) from the same time one year ago.Inventory Change
There were 1,670 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 27 - April 25), which is up 18.7% compared with the previous 30 day period (February 26 - March 26) and up 54.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,027) (1.3%) below asking price over the last 30 days (March 27 - April 25), which represents a $2,604 increase compared to the previous 30 day period (February 26 - March 26) and ($2,987) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (March 27 - April 25) stood at 40.7%, down from 45.8% over the previous 30 days (February 26 - March 26) and down from 74.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 26 days when successfully sold over the last 30 days (March 27 - April 25), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max West Realty Inc.
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