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Listed 1 month ago

303 - 1 St Johns Road

Junction Area, Toronto

$499,900

Condo Apartment |
2 | 1 | 1 | 1
About this home

More than 1,000 square feet, 2 bedrooms, parking, locker, and authentic hard-loft character in Toronto's west end for under $500K. Suite 303 at St. John's Place Lofts offers a compelling alternative to the conventional condo market. Set within a former office building converted in 2000, this true hard loft features soaring ceilings (almost 10' high), a wall of windows, industrial character, and a sense of volume that's increasingly difficult to find. The 1,007 (MPAC) sq ft layout is remarkably functional, with a genuinely spacious living and dining area that easily accommodates a full-sized dining table, a thoughtfully designed kitchen with excellent efficiency and storage, and a split-bedroom floor plan that provides valuable separation for guests, roommates, or work-from-home flexibility. One of the suite's most surprising features is its abundance of built-in storage throughout, including both bedrooms. A locker and covered parking space add further long-term practicality. St. John's Place Lofts is a boutique 15-unit building with a distinctive concrete façade and an authentic loft aesthetic that feels worlds apart from the typical glass condo experience. The maintenance fees have been factored in the asking price, creating an opportunity for those who understand how to consider overall carrying costs and long-term value. Located in one of Toronto's most independent and character-filled neighbourhoods, you'll find local breweries, The Sweet Potato, Venga Cucina, the farmers' market, eclectic shops, and a strong sense of community just outside your door.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. Age16-30
Size1000-1199 sq. ft.
Maintenance Fees$1,585
LockerExclusive
BalconyNone
ExposureNorth West
Parking TypeCarport
Parking Spaces1
Parking FeaturesSurface
Property Tax$3,378
mls© NumberW13473812
Listed ByBSPOKE REALTY INC.
Hydro Included
Water Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,559
Property tax
$282
Heat allowance
$150
Condo fees, half counted
$792
Housing costs
$3,782 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $99,980
25-yr amortization

Income needed

$116,000

gross annual household income

Payment at 4%
$2,104 / mo
Cash down
$99,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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