234 Simcoe Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Kensington-Chinatown. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $599,999 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 500-599 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Assignment Sale: This stunning 1-bedroom + den condo in the brand-new Artists' Alley development offers modern urban living at its best. With a bright and efficient layout, full-height windows, and a spacious balcony, this unit is perfect for those seeking a vibrant downtown lifestyle.The open-concept kitchen features quartz countertops and integrated appliances, creating a sleek, functional space. The versatile den makes an ideal home office or additional living space.Located steps from St. Patrick Station, University of Toronto, OCAD, and some of Torontos best hospitals, this condo is perfect for students and professionals alike. Walk Score: 100, Transit Score: 100, Bike Score: 98.Building amenities include a gym, rooftop terrace, and concierge services, ensuring convenience and comfort. Enjoy nearby theatres, museums, restaurants, and quick access to Union Station and major transit hubs.
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 234 Simcoe Street 1815, Toronto C01, ON M5T 1T4
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $599,999 in Toronto, the legal minimum down payment is $35,000 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,475 also applies, bringing the total estimated land transfer taxes to $16,950.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.
