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$465,000
Toronto
#2403 238 Simcoe Street, Toronto (Kensington-Chinatown), Ontario, M5T1T4
This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $465,000, it is attractively priced about 31% below the $675,000 median asking price in Toronto. It has been on the market 39 days, fresher than the Toronto average of 81 days.
Welcome To Artists' Alley Condos At 238 Simcoe St, Located In The Heart Of The University District In Downtown Toronto * One-Year-New High-Floor One Bedroom Suite Offering Approx. 538 Sq Ft Of Modern Downtown Living * Enjoy Stunning Unobstructed City Views From The Bedroom, Soaring 9' Ceilings And Floor-To-Ceiling Windows * Bright Open-Concept Combined Living/Dining Layout With A Sleek Modern Kitchen Featuring Premium S/S Built-In Appliances, Contemporary Cabinetry, Stylish Finishes Throughout And A Charming Juliet Balcony * Exceptional Downtown Location At University & Dundas * Steps To St. Patrick Subway Station, OCAD University, University Of Toronto, AGO, Eaton Centre, Queen West, Chinatown, Kensington Market, Hospitals, Restaurants, Cafés And Parks * Easy Access To The Financial District, Entertainment District And Major Downtown Routes * Enjoy Premium Building Amenities Including 24-Hour Concierge, Gym, Swimming Pool, Rooftop Terrace And More, Ensuring Everyday Convenience And Comfort * Close To Excellent Schools * A Perfect Opportunity For End Users, Students, Professionals Or Investors Seeking Luxury Downtown Living * Walk Score: 100, Transit Score: 100, Bike Score: 98 * MUST SEE * Move-In Ready! (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: 39 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 39 days, which is 42 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 $465,000, about 7.5× the local median household income of $61,600.
Carrying it typically needs a household income of about $90,831 (20% down, 25-yr amortization, stress-tested) — roughly 47% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5T)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice