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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 $998,888 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.
Your Jewel in the sky! Welcome to 297 College Street Unit #1521. A Rarely offered 3 bedroom corner suite with gorgeous views and a sprawling wrap-around balcony. Modern fixtures and finishes throughout. Bright, east exposure, awash with natural light. Tall ceilings and walls of floor-to-ceiling windows. Thoughtful split layout maximizes privacy and function, perfect for family living or working from home, with two offices. Closets in each room. Private primary suite with large walk-in closet and three piece ensuite. Contemporary kitchen with high-end, stainless steel appliances and sleek finishes. Spacious, open concept living/dining rooms open to balcony- enjoy morning coffee or evening skies over a glass of wine! Generous parking spot and large locker. Ideally located in the heart of it all, with 99% Walk and Transit Scores and 100% Bike Score. TTC at your doorstep, steps to Kensington Market, University of Toronto, and local schools. Perfect location to call home. The height of convenience- 24-hour concierge, gym, guest suite, party room and grocery store in the building. Short walk to major hospitals, Michelin rated dining, cafes, shops and so much more. This boutique building is your gateway to city living at its best!
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Data-driven valuation for 297 College Street 1521, Toronto C01, ON M5T 0C2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $998,888 in Toronto, the legal minimum down payment is $74,889 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 $16,453 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $16,453 also applies, bringing the total estimated land transfer taxes to $32,906.
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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.