238 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 $868,000 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 2 Bathrooms
- Generous living space spanning 700-799 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Carpet Free
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to this stylish 2-bedroom suite offering 793 sq. ft. of thoughtfully designed living space in one of Toronto's most exciting communities. The open-concept layout features a spacious living/dining area flowing into a sleek modern kitchen equipped with premium Miele appliances - perfect for cooking and entertaining. Elegant laminate flooring runs throughout, creating a seamless contemporary aesthetic.Enjoy exceptional building amenities including a fully equipped fitness centre, rooftop terrace, and beautifully designed common areas. Ideally located steps to TTC, world-class dining, entertainment, universities, shopping, museums, and cultural attractions - everything downtown living has to offer is right at your doorstep.Experience upscale urban living at Artist Alley - where convenience, comfort, and sophisticated style come together.Thoughtfully designed for comfort, this unit includes one parking space and one locker, providing valuable storage and peace of mind. Residents enjoy exceptional building amenities including a state-of-the-art fitness centre, stunning rooftop terrace and stylish common areas perfect for social gatherings.
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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 238 Simcoe Street 1104, Toronto C01, ON M5T 0E2
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 $868,000 in Toronto, the legal minimum down payment is $61,800 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 $13,835 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,835 also applies, bringing the total estimated land transfer taxes to $27,670.
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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.
