FOR SALE

Grangetown Lofts – 78 St. Patrick Street

Asking $585,000. Sold for $585,000.

2 BEDROOMS / 1 BATH / 800-899 sq.ft.

Features and Analysis

MLS listing description:

“Stunning Grangetown Condo. This Bright & Spacious 2 Bedroom Unit Has It All – Granite Counters, New Stainless Steel Appliances, Laminate Floors, Freshly Painted, Sunny, Private Terrace – Perfect For Bbq’s And 2 Large Locker/Storage Units. Located In The Heart Of The City With A Walk Score Of 99 This Beautiful Condo Is Just Steps To Ocad, U Of T, Major Hospitals, Trendy Queen Street West, Public Transit, Shops & Restaurants. Immaculate, Move-In Condition.”

Pros & cons about this property:

Spacious 2-bedroom hard loft on ground floor with direct access from a unique private courtyard – no waiting for elevators! Solid commercial concrete structure. Tastefully renovated. Short walk to restaurants and shops of Queen St West and Chinatown. There is even a grocery store and food court inside the building! Relatively low maintenance fees and decent amenities which includes a gym, meeting room and solar-powered outdoor pool.

Both bedrooms lack any windows, and the only windows in this loft are at the living room/entrance and a glass block wall in the dining room in the opposite end of the loft. However this unit is located in the open-air portion of the former mall which provides direct sunlight which many lofts here don’t get, and the décor is light and bright.

The only outdoor space is a small pad just outside your front door and it is not private nor separated. This is an older building but appears to be very well maintained.

My final thoughts:

One of the most unusual loft conversions in the city as this was once part of The Village by the Grange, a partially open-air shopping mall on the ground floor of this condo complex where the former stores have been converted into 89 residential and live/work lofts in 2000. The converted lofts and the original condo towers above were both developed by Tridel, one of the most reputable developers in Canada. Lofts in this building don’t come on the market very often and this unit represents an excellent value and great rental potential – OCAD, U of T, Princess Margaret, Toronto General, Sick Kids and Mount Sinai are all a short walk away.

 

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About us

Art House Real Estate Littlehayes Lane Kensington Market

Alan O. Wong

Sales Representative, B.Arch, Assoc.AIA

Office: 416.504.6133

Direct: 647.963.1037

alan@livingdifferent.ca

Blue Elephant Realty Inc. Brokerage

 

Tucked in a laneway in the middle of vibrant Kensington Market is Art House, a creative real estate studio catering to savvy Torontonians who embrace urban living. Art House is your alternative to the traditional real estate industry ethos. We are passionate about the city and foster trust by contributing to positive change within our community. With a focus on ethics and a critical eye, we curate unique homes and intelligent investment opportunities to fit your lifestyle.

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