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$1,349,900
Toronto
#Ph3 280 Simcoe Street, Toronto (Kensington-Chinatown), Ontario, M5T2Y5
This 3-bedroom, 2-bathroom condo in Toronto is for sale.
Features: Bright south-west facing windows with unobstructed views, providing lots of natural light and privacy. Wood-burning fireplace in the main living area. High ceilings on the penthouse level with potential for further height increase. Spacious den with glass sliding door, perfect for an office or potential 3rd bedroom. Renovated kitchen, washroom, and ensuite with modern finishes. Private underground parking. Rooftop patio with stunning city views. Well-maintained, luxury building with excellent 24-hour security. Convenient location near hospitals, parks, universities, and transit. Utilities and cable included in condo fees, offering great value. Unit is tenanted on a 1+1 year lease term commencing September 1st 2026. (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.
Long Listed: 295 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 3-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?
Approximate location — exact address confirmed upon showing
This home lists at $1,349,900, about 21.9× the local median household income of $61,600.
Carrying it typically needs a household income of about $263,683 (20% down, 25-yr amortization, stress-tested) — roughly 328% 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