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Welcome to this remarkable Loft condo townhouse located in the coveted neighborhood of Kensington-Chinatown. Expertly crafted featuring premium stucco (plaster) construction, this residence presents an exceptional opportunity offered at $698,000 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.
Finding everything you desire in a condo is a real challenge when the majority in Toronto are tiny and uninspired. Not so with 58 St. Patrick, from either a space or value perspective. This ultra-unique 1+1 loft spans over 900 square feet plus an oversized terrace, priced at $698,000that's an unheard-of value at $757 per square foot in the core. It's bright and contemporary, nestled in a tranquil corner of the building, providing the ultimate private sanctuary. Inside, you'll appreciate the well-designed floor plan, premium flooring, high ceilings, and oversized windows that flood the unit with natural sunlight. Step out onto the perfect entertainer's patio to enjoy summer cocktails with friends and family. The Pinterest-worthy kitchen is house-sized with a large island and stone countertops. The den is spacious enough for a large home office, while the primary bedroom easily accommodates a king-size bed with room for bedside tables and movement. No shortage of space here - comes with 3 owned lockers! As the saying goes, all you need to do is move in. *Maintenance Fees include all utilities + Cable and Internet! Parking available for rent in building.
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Arts Centre, Fenced Yard, Public Transit, School
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Data-driven valuation for 58 St. Patrick Street 83, Toronto C01, ON M5T 1V1
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 $698,000 in Toronto, the legal minimum down payment is $44,800 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 $10,435 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,435 also applies, bringing the total estimated land transfer taxes to $20,870.
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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.