House of the Week: $1 million for a renovated Corktown home with a panoramic rooftop view
House of the Week: $1 million for a renovated Corktown home with a panoramic rooftop view
Address: 28 St. Paul Street
Neighbourhood: Corktown
Agent: Maziar Ahanin, Bayview Real Estate Inc., Brokerage
Price: $1,045,000
The place: A two-and-a-half storey renovated house on a quiet crescent just south of Queen East.
The history: The owners have invested almost $400,000 in renovations over the last several years. The additions include new windows, Brazilian hardwood floors and a custom kitchen.
Big selling point: Aside from two-car parking (a rarity among houses this close to downtown), the house has a rooftop patio with a skyline view—perfect for people who romanticize the bustle of city life, but would rather not live directly in the thick of it.
Possible deal breaker: The stretch of Queen just north of this house isn’t the liveliest, but with the Distillery District to the south, Riverdale to the east and St. Lawrence Market to the west, the buyer won’t lack walkable shopping and dining destinations. New condo development in the West Don Lands, to the south, will add new neighbours and businesses in the near future.
By the numbers:
• $1,045,000
• $2388.54 in taxes (2014)
• $370,000 in recent renovations
• 2350 square feet
• 3+1 bedrooms
• 3 bathrooms
• 2-car parking
• 1 rooftop deck
Read More
- 325855
- The house is located on a quiet crescent just south of Queen East.
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-1-150x150.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-1.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-1.jpg
- 800
- 1200
- https://torontolife.com/real-estate/house-of-the-week-28-st-paul-street/slide/toronto-house-for-sale-28-st-paul-street-1/
- toronto-house-for-sale-28-st-paul-street-1
- 0
- 0
- 325856
- The owners sunk almost $400,000 into renovations, which included installing these new hardwood floors.
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-2-150x150.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-2.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-2.jpg
- 1200
- 800
- https://torontolife.com/real-estate/house-of-the-week-28-st-paul-street/slide/toronto-house-for-sale-28-st-paul-street-2/
- toronto-house-for-sale-28-st-paul-street-2
- 0
- 0
- 325857
- The dining area is continuous with the living room.
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-3-150x150.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-3.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-3.jpg
- 1200
- 800
- https://torontolife.com/real-estate/house-of-the-week-28-st-paul-street/slide/toronto-house-for-sale-28-st-paul-street-3/
- toronto-house-for-sale-28-st-paul-street-3
- 0
- 0
- 325858
- The kitchen is all new.
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-4-150x150.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-4.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-4.jpg
- 1200
- 800
- https://torontolife.com/real-estate/house-of-the-week-28-st-paul-street/slide/toronto-house-for-sale-28-st-paul-street-4/
- toronto-house-for-sale-28-st-paul-street-4
- 0
- 0
- 325859
- There are two bedrooms on the second floor of the house.
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-5-150x150.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-5.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-5.jpg
- 1200
- 800
- https://torontolife.com/real-estate/house-of-the-week-28-st-paul-street/slide/toronto-house-for-sale-28-st-paul-street-5/
- toronto-house-for-sale-28-st-paul-street-5
- 0
- 0
- 325860
- Here's one bedroom, currently set up as an office.
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-6-150x150.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-6.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-6.jpg
- 1200
- 800
- https://torontolife.com/real-estate/house-of-the-week-28-st-paul-street/slide/toronto-house-for-sale-28-st-paul-street-6/
- toronto-house-for-sale-28-st-paul-street-6
- 0
- 0
- 325861
- And another bedroom.
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-7-150x150.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-7.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-7.jpg
- 1200
- 800
- https://torontolife.com/real-estate/house-of-the-week-28-st-paul-street/slide/toronto-house-for-sale-28-st-paul-street-7/
- toronto-house-for-sale-28-st-paul-street-7
- 0
- 0
- 325862
- The master bedroom has the third floor to itself. Are they still considered skylights if they're at eye height?
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-8-150x150.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-8.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-8.jpg
- 1200
- 800
- https://torontolife.com/real-estate/house-of-the-week-28-st-paul-street/slide/toronto-house-for-sale-28-st-paul-street-8/
- toronto-house-for-sale-28-st-paul-street-8
- 0
- 0
- 325863
- The master bedroom's en suite bathroom.
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-9-150x150.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-9.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-9.jpg
- 1200
- 800
- https://torontolife.com/real-estate/house-of-the-week-28-st-paul-street/slide/toronto-house-for-sale-28-st-paul-street-9/
- toronto-house-for-sale-28-st-paul-street-9
- 0
- 0
- 325864
- The master bedroom has a door that leads to this rooftop deck, with an excellent view of the CN Tower and all its buddies.
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-10-150x150.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-10.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-10.jpg
- 1200
- 800
- https://torontolife.com/real-estate/house-of-the-week-28-st-paul-street/slide/toronto-house-for-sale-28-st-paul-street-10/
- toronto-house-for-sale-28-st-paul-street-10
- 0
- 0
- 325865
- The basement rec area has a spa bath and a wine storage area.
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-11-150x150.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-11.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-11.jpg
- 1200
- 800
- https://torontolife.com/real-estate/house-of-the-week-28-st-paul-street/slide/toronto-house-for-sale-28-st-paul-street-11/
- toronto-house-for-sale-28-st-paul-street-11
- 0
- 0
- 325866
- The back deck has trellises galore.
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-12-150x150.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-12.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-12.jpg
- 1200
- 800
- https://torontolife.com/real-estate/house-of-the-week-28-st-paul-street/slide/toronto-house-for-sale-28-st-paul-street-12/
- toronto-house-for-sale-28-st-paul-street-12
- 0
- 0
- 325867
- And in the backyard there's some kind of scary shack.
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-13-150x150.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-13.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-13.jpg
- 1200
- 800
- https://torontolife.com/real-estate/house-of-the-week-28-st-paul-street/slide/toronto-house-for-sale-28-st-paul-street-13/
- toronto-house-for-sale-28-st-paul-street-13
- 0
- 0
- 325868
- Two-car parking is an excellent perk.
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-14-150x150.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-14.jpg
- https://torontolife.com/wp-content/uploads/2015/09/toronto-house-for-sale-28-st-paul-street-14.jpg
- 1200
- 800
- https://torontolife.com/real-estate/house-of-the-week-28-st-paul-street/slide/toronto-house-for-sale-28-st-paul-street-14/
- toronto-house-for-sale-28-st-paul-street-14
- 0
- 0
, the house has a rooftop patio with a skyline view—perfect for people who romanticize the bustle of city life, but would rather not live directly in the thick of it.
Possible deal breaker: The stretch of Queen just north of this house isn't the liveliest, but with the Distillery District to the south, Riverdale to the east and St. Lawrence Market to the west, the buyer won't lack walkable shopping and dining destinations. New condo development in the West Don Lands, to the south, will add new neighbours and businesses in the near future.
By the numbers:
• $1,045,000
• $2388.54 in taxes (2014)
• $370,000 in recent renovations
• 2350 square feet
• 3+1 bedrooms
• 3 bathrooms
• 2-car parking
• 1 rooftop deck
[gallery columns="6" ids="325855,325856,325857,325858,325859,325860,325861,325862,325863,325864,325865,325866,325867,325868"]){kind=link}
Riverdale to the east? Do you mean Riverside?
Also, 400k on renovations.. really?
2388 in taxes? Seems a little low…
I sincerely doubt that particular kitchen, new floors and windows could add up to $400,000. If they paid that, they were robbed.
Seems like a Money pit
If the taxes of $2,388 (are correct and for a full year) means the City/MPAC feel this property is worth $338,433 (2012-2015 adjusted assessment). IF the new owner pays asking price they will soon be paying $7,900.59 in taxes/year. Always be cautious with a LOW tax value (could be a mistake – often Realtors look at the Final Billing and list that as the taxes, but its only half a years taxes).
Note the owner bought the small piece of land (from the city) that makes up the south “corner” of this lot (from the house south to the sidewalk). Smart purchase and led to more land/usable yard space.