PH08-96 St. Patrick Street, Toronto, ON

Kensington-Chinatown, Toronto · MLS® C13177244

$1,425,000
For Sale
Listed 59 days ago
Request a showing
◎ Directions
3Bedrooms
3Bathrooms
1Garage
1200-1399Sq Ft

About this home

Welcome to one of the most desirable south-corner penthouse units at 9T6, now offered with a significant price reduction from the previous listing back in 2024. With approximately 1,700 square feet of combined indoor and outdoor living space (appx. 1200 sf Indoor + 500 sf terrace & balcony), this newly renovated two-storey condo offers a rare blend of scale, design, outdoor space, and downtown convenience. Perfectly situated steps from Hospital Row, the TTC subway, Queen Street West, and the Art Gallery of Ontario, the home has been thoughtfully updated with sophistication in mind. White oak herringbone flooring runs across both levels, connected by a striking white oak staircase with glass railings and anchored by a dramatic, tall chandelier. The main level features a spacious living area that opens onto a south-facing terrace, creating an easy indoor-outdoor flow for entertaining or relaxing. The newly renovated kitchen (2025) is both stylish and functional, with new appliances, contemporary finishes, and a seamless connection to the dining and living areas. Upstairs, the main bedroom offers a serene retreat with a private balcony, large walk-in closet, and luxurious ensuite bathroom. The second bedroom features floor-to-ceiling east-facing windows, generous closet space, and abundant natural light. The versatile third bedroom can function beautifully as a bedroom, home office, or second living area, with both south- and east-facing windows and views toward City Hall. Additional highlights include breathtaking south-facing views of the CN Tower, a second-storey balcony, one parking space, two storage lockers, and substantial in-suite storage. Turn-key, newly renovated, and exceptionally well located, this penthouse offers a rare opportunity in the heart of downtown Toronto.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13177244
Bedrooms
3
Bathrooms
3 (1 half)
Size
1200-1399
Cross streets
Dundas Street East & University Avenue
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Stucco (Plaster)
Maintenance
$1,337/mo
Exposure
South
Property tax
$5,965 / 2026
Days on market
59
Listing brokerage
RIGHT AT HOME REALTY

Rooms

KitchenMain3.75 × 3.08 m

east view · centre island · breakfast bar

Living RoomMain3.66 × 3.45 m

south view · hardwood floor · 2 pc bath

Bedroom 2Second3.73 × 3.05 m

east view · 4 pc bath · hardwood floor

Bedroom 3Second3.73 × 3.35 m

south view · east view · overlook patio

Dining RoomMain4.10 × 2.44 m

south view · w/o to patio · hardwood floor

Primary BedroomSecond4.11 × 3.51 m

3 pc ensuite · south view · walk-in closet(s)

Our TakeTeam Asgarian · Broker
Above comparables
$1.21Mest. value

Listed at $1,425,000, and my independent estimate is about 18% above what comparable homes suggest.

In Kensington-Chinatown lately, sellers get about 96% of asking; homes sell in ~35 days.

List price
$928KGreat deal$1.43MOverpriced

Total price vs nearby homes. Fair value about $1.21M, median of 13 comparables.

How this estimate is builtthe short version

I take the 13 most comparable recent listings nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single listing.

It’s grounded in comparable active listings. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $1.25M, a close match.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Renovated / rebuilt: recent work can mean fewer upfront costs, worth confirming the scope, quality, and that permits were pulled. Value driver
  • Hardwood floors: quality hardwood is durable and broadly desirable. Lifestyle
Schools & getting aroundcatchment and transit

The assigned public school is Ogden Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 13 comparable homes nearby.

Comparable listingsCurrently listed nearby in Kensington-Chinatown · asking prices
$1.29Mavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

1013-115 Denison Avenue$1.79M908-38 Cameron Street$899k3002-488 University Avenue$1.25M5302-488 University Avenue$1.38M1011-195 McCaul Street$1.15M

The 5 closest of 8 active listings nearby.

See all comparable homes
1.43MThis home1.79M899k1.25M1.38M1.15MThis home vs active comparables
Live market pulseActive comparables in Kensington-Chinatown · median list $1.10M
$1,097this home / sqft
16active listings nearby
59days on market
99sold nearby · 90 days
$677Kmedian sold price
96%of asking, on average

This home lists 20% above the area average of $915/sqft.

58 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

Neighbourhood & location

Kensington-Chinatown, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Waterfront Communities C1
$624K
Moss Park
$784K
Church-Yonge Corridor
$551K
Annex
$2.03M
Waterfront Communities C8
$621K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Ogden Junior Public School
69%
Ogden Junior Public SchoolPublic · Elementary · 0.6 km awayAround the GTA average · 69% meet the provincial standard

Affordability & Mortgage

Affordability
$6,495/mo
$291KIncome needed
4.9×Price ÷ income
$1,499Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

78%mortgage
Mortgage $6,495Property tax $497Condo fee $1,337Total carry $8,329

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 24, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$6,083per month

Mortgage amount $1,140,000 · 4.14% over 25 years

$285,000Down payment (20.0%)
$1,140,000Loan before insurance
$0CMHC premium
$7,918Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$6,083
Property tax
$497
Condo / maintenance fees
$1,337
Heating
$0
Estimated monthly cost
$7,918

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$24,975
Toronto municipal land transfer tax
$24,975
Estimated closing costs
$49,950

Plus your down payment of $285,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$7,389/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$685,039Total interest paid
$1,825,039Total of all payments
Principal $1,140,000 Interest $685,039
YearPrincipalInterestBalance
1$26,706$46,295$1,113,294
2$27,823$45,178$1,085,470
3$28,987$44,014$1,056,483
4$30,200$42,802$1,026,284
5$31,463$41,539$994,821
6$32,779$40,223$962,042
7$34,150$38,852$927,892
8$35,578$37,423$892,313
9$37,067$35,935$855,247
10$38,617$34,384$816,630
11$40,232$32,769$776,397
12$41,915$31,086$734,482
13$43,668$29,333$690,814
14$45,495$27,507$645,319
15$47,398$25,604$597,921
16$49,381$23,621$548,540
17$51,446$21,555$497,094
18$53,598$19,403$443,496
19$55,840$17,162$387,656
20$58,176$14,826$329,480
21$60,609$12,392$268,871
22$63,144$9,857$205,727
23$65,786$7,216$139,941
24$68,537$4,464$71,404
25$71,404$1,598$0

At the end of your 5-year term

Total paid over the term
$365,008
Principal paid down
$145,179
Interest paid
$219,829
Balance remaining
$994,821

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$4,100/mo
$49,200Gross annual rent
1.5%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.5%
Gross yield
− Property tax $5,965− Condo fees $16,044− Insurance $600− Vacancy & upkeep $5,412Net operating income $21,180

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

CallRequest a showing