$1,750/mo - 20 Saint Patrick Street Unit 503, Downtown Toronto
Detached for Rent in Downtown Toronto
Neighbourhood: Kensington-Chinatown
- MLS Number
- C13435380
- Property Type
- Detached
- Status
- active
- Days on Site
- 21
- Bedrooms
- 0
- Bathrooms
- 1
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Welcome to Suite 503 at 20 Saint Patrick Street: an exceptionally well-located downtown rental in the heart of Queen West, offering outstanding value at $1,750/month all-inclusive; with rare underground parking option for +$200. Perfectly positioned steps to TTC and subway access, this address places you within minutes of the Financial District, UHN hospitals, University of Toronto, OCAD, Chinatown, Queen West, AGO, Nathan Phillips Square, CF Toronto Eaton Centre, and Grange Park - one of the most connected lifestyle locations in the city. The suite offers a spacious, functional layout with real wood flooring and an open-concept design that comfortably accommodates both living, resting and work-from-home setups all in one large and bright space. The generously sized main living area flows into a separate eat-in kitchen with a large window and built-in breakfast bar, creating a bright and practical everyday environment. A large west, courtyard-facing balcony extends the living space outdoors, offering a quiet, open-air retreat with consistent natural light and treed + skyline views. All utilities are included (excluding cable and internet), adding to the exceptional monthly value in this central location. Pet-Friendly and professionally managed; this is a great opportunity for tenants. The building features a renovated lobby, landscaped courtyard, large, clean main-floor laundry/library lounge, and on-site super + management office. Available immediately. Click for floor plans:
Discover Kensington-Chinatown
Kensington-Chinatown 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 Kensington-Chinatown
- •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
Kensington-Chinatown 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.
20 Saint Patrick Street Unit 503, Downtown Toronto / Waterfront
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How this lease stacks up against the local rental market
Estimated Monthly Budget
Things to Confirm Before Signing
· Are utilities included, or separate?
· How many parking spots are included?
· Is the landlord open to a 1-year or 2-year lease?
· Are pets and small renovations (paint, hooks) allowed?
· When was the last rent increase, if there is a prior tenant?
Utility estimates are approximate and vary by season, habits, and what the landlord includes. Always confirm inclusions with the listing agent.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Rent
At $1,750/mo, this is priced below the typical 1-bedroom rent of ~$2,300/mo in Downtown Toronto. Well-priced rentals move fast — worth acting on. That said, let's check what's driving the lower ask: landlord flexibility, lease term restrictions, or simply a motivated landlord.
Market Position
At 21 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.
Detached Home Advantages
Detached homes in Downtown Toronto are increasingly scarce and valuable. You'll have no shared walls, full control over renovations, and typically stronger appreciation. Consider the lot size and potential for future additions or basement apartment income. Detached homes also offer the most flexibility for growing families.
Efficient Living
At 700 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Kensington-Chinatown
I know Kensington-Chinatown well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Lease Terms to Negotiate
Don't just focus on the monthly rent — the lease terms matter just as much. I always advise my rental clients to clarify: what's included (parking, storage, utilities), the lease length options, the landlord's policy on renewals, and whether small personalizations like painting are permitted. These details can make or break your experience over 12–24 months.