9 St. Patricks Sq
Kensington-Chinatown, Downtown Toronto, M5T 1W8
FOR SALE
$1,495,000
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Property Description
Talk about location! Welcome home to the most southern freehold residential property in the downtown core, available for the first time in 46 years. This home boasts a whopping 2,038 square feet interior above grade. The possibilities of this home are endless. Renovate and rent out, renovate and live in or buy and hold for future re-development site. You do not want to miss this unique opportunity! Offers anytime, property is not going to bids.
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Property Details
Street
Community
City
Property Type
Att/Row/Townhouse, 2-Storey
Lot Size
24' x 47'
Fronting
East
Taxes
$6,343 (2023)
Basement
Unfinished
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
None
Water
Municipal
Driveway
None
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
9 St. Patricks Sq is a 4-bedroom 1-bathroom townhome listed for sale at $1,495,000, which is $551,220 (58.4%) higher than the average sold price of $943,780 in the last 30 days (June 6 - July 5). During the last 30 days the average sold price for a 4 bedroom townhome in Downtown Toronto declined by $106,681 (10.2%) compared to the previous 30 day period (May 7 - June 5) and down $234,932 (19.9%) from the same time one year ago.Inventory Change
There were 93 4-bedroom townhomes listed in Downtown Toronto over the last 30 days (June 6 - July 5), which is down 0.0% compared with the previous 30 day period (May 7 - June 5) and up 60.3% compared with the same period last year.Sold Price Above/Below Asking ($)
4-bedroom townhomes in Downtown Toronto typically sold $12,623 (1.3%) above asking price over the last 30 days (June 6 - July 5), which represents a $67,219 decrease compared to the previous 30 day period (May 7 - June 5) and $33,915 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 4-bedroom townhomes in Downtown Toronto over the last 30 days (June 6 - July 5) stood at 37.6%, up from 29.0% over the previous 30 days (May 7 - June 5) and down from 55.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 4-bedroom 1-bathroom townhome in Downtown Toronto stood at 30 days when successfully sold over the last 30 days (June 6 - July 5), compared to 43 days before being removed from the market upon being suspended or terminated.Listing contracted with Brad J. Lamb Realty 2016 Inc.
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