$689,900

For sale

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#2212 230 Simcoe Street, Toronto (Kensington-Chinatown) - Single Family for Sale

#2212 230 Simcoe Street, Toronto (Kensington-Chinatown), Ontario, M5T0G7

2 beds2 baths0 parking condo fee

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Listed by REAL BROKER ONTARIO LTD.

Investment analysis

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$689,900

Toronto

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Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale. Its $689,900 asking price sits right in line with the $675,000 median in Toronto.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Welcome To Artists Alley Condos In The Heart Of Downtown Toronto Near Dundas & University. This Split Two Bedrooms With Two Washroom Unit Offers Almost 700 Sq Ft Of Interior Living Space And A Large Wrapped Balcony W. Laminate Flooring In Living/Dining/Kitchen, Floor To Ceiling Windows. Modern Kitchen With B/I Appliances And Backsplash. Primary Bedroom With 4 Pc Ensuite Bathroom. It's Fantastic place to enjoy the urban lifestyle. Excellent Building Location, Steps To Subway Station, OCAD, Queen's Park, Groceries, Hospitals, Financial Districts, Bars, Restaurants And All Daily Essentials. (id:66096)

Property Details

MLS®: C13098786
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 0
Basement: None
Heating: Natural gas, Coil Fan
Cooling: Central air conditioning, Ventilation system
Garage: Garage, Underground
Condo Fee: $542/mo
Fee Includes: Common Area Maintenance, Heat, Insurance
Ownership: Condo/Strata
Listed: 182 days ago

Rooms

Flat

Living room: 3.9 x 3.5 meters
Dining room: 2.5 x 2 meters
Kitchen: 2.5 x 2 meters
Primary Bedroom: 2.9 x 2.7 meters
Bedroom 2: 2.7 x 2.3 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Stove, Range, Dryer, Microwave, Oven - Built-In, Window Coverings
Flooring: Laminate, Carpeted
Exterior: Concrete
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

182d

Toronto (Kensington-Chinatown) listings, avg age

81d

List price

$690K

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.

Haho

This 2-bed single family in Toronto (Kensington-Chinatown) is available now. Want me to connect you with the agent or keep you posted on any price updates?

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Listed by CENTURY 21 LEADING EDGE REALTY INC. · EVAN JIANG

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5T)

This home lists at $689,900, about 11.2× the local median household income of $61,600.

Carrying it typically needs a household income of about $134,762 (20% down, 25-yr amortization, stress-tested) — roughly 119% above the area median.

Median household income: $61,600
Population: 17,903
Median age: 36
Owner / renter: 32% / 68%
Avg. household size: 1.9

Source: Statistics Canada, 2021 Census (FSA M5T)

$689,900

For sale

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Full Cost Breakdown

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Down Payment6.38% · $43,990

Min 6.38%50%

Mortgage payment$3,581/mo

↳ CMHC premium ($25,836 capitalized)

Est. property tax$0/mo

Condo fee$542/mo

Total monthly$4,123

Cash Needed to Close

Down payment (6.38%)$43,990

Land transfer tax$20,546

Est. closing costs$4,570

Total cash needed$69,106

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Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice