$899,000 - 211 St Patrick Street Unit 1206, Downtown Toronto
Condo for Sale in Downtown Toronto
120 days on market- MLS Number
- C12861050
- Property Type
- Condo
- Status
- active
- Days on Site
- 120
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Downtown Toronto / Waterfront
- Locker
- None
- Exposure
- West
- Balcony
- None
- Listing Brokerage
- CHESTNUT PARK REAL ESTATE LIMITED
Tucked into the cultural and institutional heart of downtown Toronto, this refined two-bedroom plus den residence at One Park Lane offers an exceptional blend of space, light, and community-an address quietly cherished by families who arrive and choose to stay, and by medical professionals drawn to its effortless proximity to Toronto's major hospital corridor. The suite unfolds with generous proportions, anchored by a rare wood-burning fireplace that brings warmth and architectural character to the main living area, while a striking glass-wrapped den provides an inspiring, light-filled retreat-ideal as a home office, study space, or reading lounge. Gorgeous natural light streams throughout, enhancing the thoughtful layout and elevating everyday living. Beyond the suite itself, the building is known for its genuinely connected atmosphere, with resident social gatherings and fundraisers fostering a welcoming, village-like sensibility seldom found in the downtown core. Daily life here is defined by walkability and cultural richness, with Chinatown Toronto, Queen's Park, and the Art Gallery of Ontario all just moments away-offering everything from vibrant dining to green space and world-class art at your doorstep. This is a home that speaks to discerning urban buyers seeking substance over spectacle: a gracious, family-friendly building with soul, a beautifully luminous suite with timeless features, and a location that seamlessly supports both professional demands and an enriched personal lifestyle-all combining to create a rare downtown offering where comfort, culture, and community converge.
Estimate your monthly payments for this property
Estimated Payment
$4,612.34/mo
Includes CMHC insurance ($25,082)
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 1206, 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
Fair Market Value
At $899/sqft, this property is priced in line with current Downtown Toronto market conditions. The pricing suggests the seller has done their homework. We may have modest room for negotiation, typically 2-4% in today's market.
Negotiation Opportunity
At 120 days on site, this property has exceeded the typical selling timeline for Downtown Toronto. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.
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.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $3,746 (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.