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$438,000
Toronto
#1406 238 Simcoe Street West, Toronto (Kensington-Chinatown), Ontario, M5T0E2
This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 250 sq ft of space. Listed at $438,000, it is attractively priced about 35% below the $675,000 median asking price in Toronto. It has been on the market 23 days, fresher than the Toronto average of 81 days.
Welcome to this stylish 1-bedroom suite offering 471 sq. ft. of thoughtfully designed living space in one of Toronto's most exciting communities. The open-concept layout features a living/dining area flowing into a modern kitchen. Laminate flooring runs throughout. This unit includes one locker, providing valuable storage. Enjoy exceptional building amenities including a fully equipped fitness, swimming pool, rooftop terrace, and beautifully designed common areas. Steps to TTC, world-class dining, entertainment, universities, shopping, museums, hospitals and cultural attractions - everything downtown living has to offer is right at your doorstep. Experience upscale urban living at Artist Alley - where convenience, comfort, and sophisticated style come together. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Extended: 23 days on market, against an average age of 81 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 1-bed single family in Toronto (Kensington-Chinatown) has been listed for 23 days, which is 58 days fresher than the city average of 81. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $438,000, about 7.1× the local median household income of $61,600.
Carrying it typically needs a household income of about $85,557 (20% down, 25-yr amortization, stress-tested) — roughly 39% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5T)
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Loading rates, 30-yr amortization
Cash Needed to Close
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