280 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 brick and concrete construction, this residence presents an exceptional opportunity offered at $850,000 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 1200-1399 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Separate Heating Controls, Storage
- equipped with central air central cooling and highly efficient heat pump heating via gas
Description
Prime Downtown Toronto Area - Dundas And University. Steps To St Patrick Subway, U Of T, Top Hospitals. Proximity To Downtown Entertainment, Shopping, Dining And Financial District. Tucked Away On A Quiet Street Where Tranquil Living At Its Best! Close To 1,400 Sq. Ft. Of Living Area With 2 Spacious Bedrooms, 2 Washrooms, Living, Dining Room And Kitchen With A Conservatory. Well Managed Building With Management Fee At Only $.83 Per Sq. Ft. Which Includes Mostly Every Thing Except Property Tax And Home Insurance. An Impressive Upscale Resort Like Lobby With A Central Skylight Sun Filled Rotunda Where Concierge And Security Desk Are Located And Surrounded By Manicured Plants And A Koi Pond. Facilities Include Indoor Swimming Pool, Squash Court, Sauna, Exercise Room, Pool Table Room And Roof Top Garden. Priced Close To $600 Per Sq. Ft. For Quick Sale. Don't Miss Out!
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Parking & Garage
Heating & Cooling
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Interior Features
Separate Heating Controls, Storage
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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 280 Simcoe Street 903, Toronto C01, ON M5T 2Y5
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 $850,000 in Toronto, the legal minimum down payment is $60,000 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 $13,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13,475 also applies, bringing the total estimated land transfer taxes to $26,950.
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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.
