$439,000

#1001 297 College Street, Toronto (Kensington-Chinatown), Ontario, M5T1S2

For saleJust listed

Today

$775K

#1001 297 College Street, Toronto (Kensington-Chinatown), Ontario, M5T1S2

3 bd2 ba1 pk850 ft²+$890/mo

Listed by RE/MAX EXCEL REALTY LTD.

#606 210 Simcoe Street, Toronto (Kensington-Chinatown), Ontario, M5T0A9

For saleJust listed

Yesterday

$615K

#606 210 Simcoe Street, Toronto (Kensington-Chinatown), Ontario, M5T0A9

2 bd1 ba1 pk750 ft²+$674/mo

Listed by PROPERTY.CA INC.

#107 115 Denison Avenue, Toronto (Kensington-Chinatown), Ontario, M5T2N1

For saleJust listed

Yesterday

$1.39M

#107 115 Denison Avenue, Toronto (Kensington-Chinatown), Ontario, M5T2N1

2 bd3 ba1 pk1,300 ft²+$1430/mo

Listed by ROYAL LEPAGE SIGNATURE CONNECT.CA REALTY

#502 99 Cameron Street, Toronto (Kensington-Chinatown), Ontario, M5T3A2

For saleJust listed

3 days ago

$599K

#502 99 Cameron Street, Toronto (Kensington-Chinatown), Ontario, M5T3A2

6 bd2 ba1 pk1,300 ft²+$1142/mo

Listed by REAL BROKER ONTARIO LTD.

Investment analysis

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$439,000

Toronto

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#803 238 Simcoe Street, Toronto (Kensington-Chinatown) - Single Family for Sale

#803 238 Simcoe Street, Toronto (Kensington-Chinatown), Ontario, M5T0E2

1 bed1 bath0 parking550 ft²$477/mo condo feeListed 37 days ago

Overview

This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $439,000, it is attractively priced about 35% below the $675,000 median asking price in Toronto. It has been on the market 37 days, fresher than the Toronto average of 81 days.

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

Description

Welcome to Artists' Alley in the heart of downtown Toronto! This thoughtfully designed 538 sq. ft. "Jaffron" 1 bedroom, as per builder's floor plan, offers an efficient open-concept layout with no wasted space. Featuring contemporary finishes, quartz countertops, integrated appliances, modern cabinetry, and wood and ceramic flooring throughout with no carpet. Designed by renowned Hariri Pontarini Architects with amenity spaces by award-winning Studio Munge. Enjoy exceptional walkability just steps to St. Patrick subway station, OCAD University, the AGO and Grange Park, and approximately a 15-minute walk to U of T's St. George Campus and Temerty Faculty of Medicine at the Medical Sciences Building. Toronto General, Mount Sinai, Princess Margaret and SickKids are also nearby, along with Queen Street West, Eaton Centre, restaurants, cafés and shopping. An ideal downtown home for students, medical professionals, first-time buyers or investors. (id:66096)

Property Details

MLS®: C13844768
Property Type: Single Family
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 0
Interior Size: 550 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage
Pool: Yes
Condo Fee: $477/mo
Fee Includes: Common Area Maintenance, Heat
Ownership: Condo/Strata
Listed: 37 days ago

Rooms

Flat

Living room: 3.65 x 3.88 meters
Dining room: 3.65 x 3.88 meters
Kitchen: 3.65 x 3.88 meters
Bedroom: 3.48 x 2.69 meters

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

Features

Flooring: Laminate, Carpeted
Exterior: Concrete

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

37d

Toronto (Kensington-Chinatown) listings, avg age

81d

Price / ft²

$799

List price

$439K

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 1-bed single family in Toronto (Kensington-Chinatown) has been listed for 37 days, which is 44 days fresher than the city average of 81. Act while there is still low competition.

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Listed by RIGHT AT HOME REALTY · MARIA PETRAKOS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5T)

This home lists at $439,000, about 7.1× the local median household income of $61,600.

Carrying it typically needs a household income of about $85,752 (20% down, 25-yr amortization, stress-tested) — roughly 39% 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)

$439,000· $799/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $21,950

Min 5%50%

Mortgage payment$2,312/mo

↳ CMHC premium ($16,682 capitalized)

Est. property tax$0/mo

Condo fee$477/mo

Total monthly$2,790

Cash Needed to Close

Down payment (5%)$21,950

Land transfer tax$10,510

Est. closing costs$3,817

Total cash needed$36,277

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