718-80 St Patrick Street, Toronto, ON
Kensington-Chinatown, Toronto · MLS® C13515148
About this home
Welcome to Village by the Grange - Stylish Downtown Living at Its Best! Discover this true 1-bedroom furnished condo in one of downtown Toronto's most established and vibrant communities. Thoughtfully updated with attention to detail, this bright and inviting suite offers generously sized rooms, a functional layout, and a spacious private balcony-perfect for relaxing or enjoying the city atmosphere.Located in the heart of the city, this home boasts perfect Walk and Transit Scores of 100, placing everything at your doorstep. Walk to OCAD University, the Art Gallery of Ontario, the University of Toronto, Eaton Centre, Grange Park, Queen Street West, Baldwin Village, Chinatown, the subway, outstanding restaurants, cafés, shopping, and entertainment.Maintenance fees include all utilities, internet and cable, providing exceptional value and worry-free living.Village by the Grange is a unique mixed-use community featuring beautifully landscaped courtyards, community garden plots, retail shops, restaurants, and outstanding resident amenities including an outdoor pool, fully equipped fitness centre and game room.Whether you're a first-time buyer, investor, student, or professional, this move-in-ready home offers the perfect combination of style, comfort, convenience, and urban lifestyle. Experience resort-style living in the heart of Toronto and enjoy one of the city's most walkable and dynamic neighbourhoods. Nothing to do but move in and enjoy!
Key facts
- Property type
- Condo Apartment, Apartment
- MLS®
- C13515148
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 500-599
- Cross streets
- Queen / University
- Parking
- 0 parking
- Basement
- None
- Heating
- Forced Air
- A/C
- Central Air
- Exterior
- Concrete
- Maintenance
- $694/mo
- Exposure
- East
- Property tax
- $1,926 / 2026
- Days on market
- 20
- Listing brokerage
- RE/MAX PREMIER INC.
Rooms
combined w/dining · w/o to balcony · hardwood floor
combined w/living · hardwood floor
tile floor · b/i dishwasher · b/i microwave
large closet · hardwood floor
Listed at $399,900, this home is within the range of comparable homes, on the lower side. The number above is my independent estimate of value, not the asking price.
In Kensington-Chinatown lately, sellers have been getting about 96% of asking and homes sell in about 33 days.
Based on 81 similar homes that recently sold nearby, adjusted for size, beds, and baths.Median of 81 recently sold comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths. The city (MPAC) assessment points to about $337K, lower than the comparables and worth a second look.
How I got there
Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.
- Closest comparable, sold for $643K
- Bedrooms −$30K
- Adjusts to $613K
That comparable adjusts to $613K; the $439K estimate above is the median of all 81 comparables, which is steadier than any single home.This estimate is grounded in actual closing prices from the last 15 months, not asking prices. Lot, condition, and finishes are still my in-person call.
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.
Total price vs nearby homes. Fair value about $439K, median of 81 comparables.
What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.
- Pool: lifestyle appeal, but adds maintenance, insurance, and resale is mixed. Weigh carefully
The closest active listings by size, beds, and price, so you can see what this home is up against.
The 5 closest of 8 active listings nearby.
See all comparable homesThis home lists 28% below the area average of $1,006/sqft.
19 days longer than the Toronto average (1 days).
View comparable listingsPrice per square foot vs the area average.
Neighbourhood & location
Kensington-Chinatown, Toronto, ON
Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.
How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.
Typical asking price of active listings of the same type, per area (outliers removed). Toronto.
Get the full neighbourhood report (schools, parks, transit & safety) →
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.
Affordability & Mortgage
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.
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
Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.
Mortgage amount $319,920 · 4.14% over 25 years
Total monthly cost
- Mortgage payment (monthly equivalent)
- $1,707
- Property tax
- $161
- Condo / maintenance fees
- $694
- Heating
- $0
- Estimated monthly cost
- $2,562
Add your own property tax, condo fees, and heating on the left for a sharper total.
One-time closing costs
- Ontario land transfer tax
- $4,474
- Toronto municipal land transfer tax
- $4,474
- Estimated closing costs
- $8,947
Plus your down payment of $79,980. Legal fees, title insurance, and adjustments are extra and vary by deal.
Mortgage stress test
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
At the end of your 5-year term
- Total paid over the term
- $102,433
- Principal paid down
- $40,742
- Interest paid
- $61,691
- Balance remaining
- $279,178
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.
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
Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.
Talk about the numbersEstimates 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.
Helpful resources
All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX PREMIER INC.. MLS®/PropTx.