$790,000 - 211 St Patrick Street Unit 406, Downtown Toronto
Condo for Sale in Downtown Toronto
- MLS Number
- C13140498
- Property Type
- Condo
- Status
- active
- Days on Site
- 29
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,200 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- ROYAL LEPAGE TERREQUITY BESPOKE REALTY
Welcome to Suite 406 at One Park Lane III - an exceptionally spacious 2-bedroom plus expansive den residence in the heart of downtown Toronto. Approximately 1,210 sq.ft. of intelligently designed living space with virtually no wasted square footage, this suite delivers the comfort and functionality of a home with the convenience of condo living. The thoughtfully designed layout features two large bedrooms, two full bathrooms, and a generous den ideal for a home office, or additional lounge area. The primary bedroom includes a walk-in closet and abundant storage throughout the unit - a rare downtown luxury. Large principal rooms provide exceptional flexibility for entertaining, dining, and everyday living, while the suite's bright and airy feel is enhanced by its expansive proportions and timeless layout.Included is one parking space conveniently located on P1.Residents of One Park Lane III enjoy an impressive collection of amenities including a gym, indoor pool, sauna, billiard room, squash/basketball court, expansive rooftop terrace with breathtaking CN Tower views, and a unique enclosed pet playground. The building is well known for its world-class concierge, strong management, and established community feel.Perfectly situated steps from the energy and culture of downtown Toronto, the location places you moments from Queen Street West, Kensington Market, and Chinatown - home to some of the city's best cafés, restaurants, boutiques, galleries, and nightlife. Walk to the AGO, OCAD University, U of T, hospitals, the Financial District, TTC subway stations, and countless everyday conveniences. Residents consistently praise the area for its walkability, connectivity, and true downtown lifestyle appeal. A rare opportunity to own a truly spacious downtown condo in one of Toronto's most vibrant and connected neighbourhoods.
Estimate your monthly payments for this property
Estimated Payment
$4,053.11/mo
Includes CMHC insurance ($22,041)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Downtown Toronto / Waterfront
Downtown Toronto / Waterfront is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Downtown Toronto / Waterfront
- •Convenient location in Downtown Toronto / Waterfront
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Downtown Toronto / Waterfront offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
211 St Patrick Street Unit 406, Downtown Toronto / Waterfront
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $658/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Market Position
At 29 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.
Investment Perspective
Looking at this as an investment: Downtown Toronto properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,292 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.