This oversized and bright one bedroom loft offers the best of west end living! The Arch Lofts represent a great architectural achievement, a historical church conversion and a thoughtfully constructed infill addition. From the moment you enter the space this property feels bright, expansive and welcoming. The sunny floor to ceiling windows and eastern exposure flood the open concept living and dining room with natural light. Walk out to the generous 135 square foot balcony with classic neighbourhood, water tower and CN Tower views. BBQ all year on your private balcony as gas BBQ's are permitted. A contemporary Scavolini kitchen features built in appliances, a gas stove top, stone counters, pantry storage, plus a large island with seating. The bright primary bedroom offers ample closet space, a semi ensuite and a large sliding door. With approx 833 square feet of combined indoor and outdoor living you'll have plenty of room to entertain, or enjoy a relaxing evening at home. Stay active with a well equipped gym and secure underground bike storage. Live steps to local cafe's, bakeries, galleries, parks and bike paths. Parking can often be rented from 370 Wallace Ave or get street parking from the city. Enjoy being a quick walk to the subway or the UP Express for easy access to the airport and Union station. Don't miss out on this unique, low rise property with a real neighbourhood vibe.
1 bedroom, 1 bathroom, about 600 sq ft, works out to roughly $1,215 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 245 Perth Ave #304
Every detail from the listing, in one place.
Type
Condo
Style
Loft
Living space
600-699 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Loft
Property class
Condo Apartment
245 Perth Ave #304 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$3,581
/mo
based on the purchase price of $729,000
$145,800 cash
$583,200 financed
$491,207 total interest
Principal54%$583,200
Interest46%$491,207
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
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Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $729K.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5138.8%On average, homes sold at or above asking.
Active listings12,706Homes for sale here right now.
Median vs prior 90 days+0.8%Compared with Apr 26 – Jul 25, 2026: prices up.
Based on 9,226 sales from Jul 25 – Oct 23, 2026 (6,811 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
245 Perth Ave #304 is listed at $729,000 (MLS® W13751450). Summitly updates the price as soon as the MLS® record changes.
Is $729,000 a good price for 245 Perth Ave #304?
Summitly rates it Well Above Market: the asking price is 15% or more above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 245 Perth Ave #304 changed?
Yes — it was first listed at $749,500 and is now $729,000, a drop of $20,500 (2.7%).
How many bedrooms and bathrooms does 245 Perth Ave #304 have?
245 Perth Ave #304 has 1 bedroom and 1 bathroom, with about 600–699 square feet of living space. It is a condo in Toronto.
Is 245 Perth Ave #304 close to transit?
The nearest rapid-transit station is Bloor GO Station (Kitchener GO, UP Express), about 400 m (about a 5-minute walk) in a straight line. Dundas West Station is about 540 m (about a 7-minute walk), and Lansdowne Station is about 660 m (about a 8-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 245 Perth Ave #304?
About $3,581 a month — principal and interest on $729,000 with 20% down ($145,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 245 Perth Ave #304 compare with other homes in Toronto?
Its asking price of $729,000 is about 13% below the median sold price in Toronto over the last 90 days, $842,000, across 9,226 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 245 Perth Ave #304 been sold before?
Yes — Summitly has 1 earlier MLS® listing of 245 Perth Ave #304 on record. Their prices and dates are shown to signed-in members under TRREB rules: sign in free to see them in the Listing history above.
Where is 245 Perth Ave #304?
245 Perth Ave #304 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 245 Perth Ave #304 been on the market?
45 days — 245 Perth Ave #304 was listed on September 8, 2026.
What is the price per square foot of 245 Perth Ave #304?
About $1,043 to $1,215 per square foot: the asking price of $729,000 over the 600–699 sq ft the listing gives as its size range.
Does 245 Perth Ave #304 have a basement, and is it finished?
The listing says 245 Perth Ave #304 has no basement.