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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Kensington-Chinatown. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $1,119,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Rarely Offered! Spacious 3-bedroom suite at One Park Lane Tower, located at the heart of downtown at Dundas & University. This 1620 sq. ft. luxury residence offers an open concept design, perfect for entertaining and comfortable living. The bright, south-facing unit overlooks a peaceful courtyard and features a large master bedroom with a walk-in closet and ensuite. The second and third bedroom offer plenty of space, ideal for a growing family or professionals. Enjoy a chef-inspired kitchen, large living and dining areas, and ample storage throughout. Just steps away from the AGO, Chinatown, St. Patrick Station, hospitals, Queens Park, City Hall, and the Entertainment District everything you need is within walking distance. A fantastic opportunity to enjoy both size and location in a prime downtown spot!
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Data-driven valuation for 211 St Patrick Street 1201, Toronto C01, ON M5T 2Y9
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $1,119,000 in Toronto, the legal minimum down payment is $223,800 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $18,855 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $18,855 also applies, bringing the total estimated land transfer taxes to $37,710.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.