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One Park Lane Ⅰ
One Park Lane Ⅰ
M5T2Y5
3
ACTIVE
LISTINGS
$1.3M
AVG SALE
PRICE
39
AVG DAYS ON
MARKET
About One Park Lane Ⅰ
One Park Lane I is a 130-unit residential tower built in 1981 by Camrost-Felcorp, located in the heart of Kensington-Chinatown. This established building offers classic mid-rise living with direct access to one of Toronto's most walkable and culturally rich neighbourhoods. Currently there's one unit on the market, priced around the mid-range for the area, making it an interesting option for buyers seeking character and location in a well-maintained property.
Kensington-Chinatown is pedestrian-friendly with vintage shops, markets, restaurants, and galleries lining the streets. You're steps from Spadina Avenue, with Queen West and College Street nearby for shopping and dining. Streetcar and subway connections (Spadina station and College station) make getting around the city straightforward. This location appeals to buyers who want urban walkability without losing a sense of neighbourhood identity.
Building amenities
swimming pool squash court exercise room fitness classes
Frequently asked questions
What kind of building is One Park Lane I?
One Park Lane I is a 130-unit residential tower developed by Camrost-Felcorp and completed in 1981. It's a mid-rise building that serves families and individuals looking for city living with access to amenities. The building features a swimming pool, squash court, exercise room, and fitness classes for residents. Maintenance fees run approximately $1,227 per month, which covers building operations, shared facilities, and common area upkeep. Units in the building tend to be generously sized, typically around 1,400 square feet for multi-bedroom homes, making it suitable for families who want space in an urban setting.
What's the neighbourhood like around One Park Lane I?
One Park Lane I sits in Kensington-Chinatown, one of Toronto's most distinctive and walkable neighbourhoods. You'll find vintage boutiques, independent bookstores, bakeries, and restaurants along Kensington Avenue itself, while Spadina Avenue offers a mix of retail and food options. The area has strong transit connections with Spadina station (Line 1) and College station both nearby, plus streetcar service on Spadina and College. The neighbourhood also sits close to University Avenue, Fort York, and the St. Lawrence neighbourhood. It's ideal for people who want to be in the middle of the action, with access to cultural events, markets, and a diverse community.
What should I know as a potential buyer or renter here?
Units in One Park Lane I typically run around 1,400 square feet, and the building currently has limited availability on the market, which can mean fewer options but potentially stable occupancy. When considering a unit, check the condition of building systems, especially in a 40-year-old structure, and understand the maintenance fee of roughly $1,227 monthly, which includes access to the pool, squash court, and fitness facilities. Ask about the building's reserve fund, any planned major repairs, and the condo board's responsiveness. The neighbourhood itself is very walkable, which keeps living costs down for transit and daily errands, but the location also means street-level noise and activity. Parking can be tight in Kensington-Chinatown, so confirm what parking the unit includes and whether you'll need it.
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For Sale 1 For Rent 2
Building details
Year built1981
Total units130
DeveloperCamrost-Felcorp
Maintenance fee~$1,227/mo
Amenities
Swimming pool Squash court Exercise room Fitness classes
Postal code
M5T 2Y5