297 College Street, Unit 2, Toronto, ON

$649,000
MLS#:C13665648
2 beds
1 baths
600-699 sqft
Residential Condo & Other
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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 metal/steel siding construction, this residence presents an exceptional opportunity offered at $649,000 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 1 Bathroom
  • Generous living space spanning 600-699 sqft
  • 0.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Built-In Oven, Carpet Free, Countertop Range
  • equipped with central air central cooling and highly efficient heat pump heating via other

Description

Experience exceptional downtown living in this stunning penthouse residence, where dramatic open-concept living spaces and sweeping panoramic views create an unforgettable first impression. Perfectly positioned at the crossroads of Kensington Market, Chinatown, Harbord Village, and the University of Toronto, this home places some of the city's most vibrant neighbourhoods right outside your door. With few condominium opportunities available in the area, this penthouse offers one of the brightest and most thoughtfully designed layouts in the building. The welcoming foyer showcases a custom mural by acclaimed artist Jeff Blackburn, depicting a landmark intersection in Kensington Market, while a full wall of closets provides exceptional storage and access to the ensuite laundry. The spacious den is ideal for working from home and is large enough to accommodate guests, with the option to add sliding doors for enhanced privacy. The light-filled living and dining area is designed to maximize the spectacular eastern views, featuring floor-to-ceiling windows and an expansive balcony that spans nearly the full width of the suite. The sleek kitchen blends seamlessly into the living space with built-in appliances, including a new refrigerator and dishwasher (July & August 2026). The balcony is conveniently accessed from the kitchen and includes an outlet for an electric barbecue. The generously sized primary bedroom features a full wall of closets. An oversized four-piece bathroom offers abundant storage and a functional, well-appointed design. Amenities include a gym, theatre room, lounge with billiard table and a guest suite. The building also houses a grocery store and a TD bank branch. Commuting to work, school or entertainment is effortless, with the College and Spadina streetcars just steps away. Walking and cycling are equally convenient, allowing you to enjoy immediate access to the city's best restaurants, cafés, shops, parks, and cultural destinations.

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Property Summary

This condo apartment located at 297 College Street, Toronto is currently for sale and has been available on SousaSells for 0 days. This property is listed at $649,000 with an estimated mortgage of $2,160* per month. It has 2 beds, 1 bathroom, and is 600-699 square feet. 297 College Street, Toronto is in the Kensington-Chinatown neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Kensington-Chinatown, Toronto.

Great for Small Household / Couples
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 600-699 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
1
Kitchens
1
Living Area
600-699 sqft
Property Type
Residential Condo & Other

Additional Details

StatusActive
Listed Date8/12/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Metal/Steel Siding
BasementNone
CountyToronto
Annual Tax$3,690.77

Parking & Garage

Parking Total0.0
Parking Space0
Garage TypeUnderground

Heating & Cooling

Heat SourceOther
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

  • Arts Centre
  • Clear View
  • Electric Car Charger
  • Hospital
  • Library
  • Public Transit

Interior Features

  • Built-In Oven
  • Carpet Free
  • Countertop Range

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 297 College Street, Unit 2, Toronto, ON

Q.What is the asking price for 297 College Street, Unit 2, Toronto, ON ?

The current listing price for 297 College Street, Unit 2, Toronto, ON in Kensington-Chinatown, Toronto is $649,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 1 bathroom across approximately 600-699 sqft.

Q.What property type and architectural style is 297 College Street, Unit 2, Toronto, ON ?

297 College Street, Unit 2, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 297 College Street, Unit 2, Toronto, ON offer?

Key property features include: Arts Centre, Clear View, Electric Car Charger, Hospital, Library, Public Transit.

Q.What interior features are included in this home?

Interior highlights include: Built-In Oven, Carpet Free, Countertop Range.

Q.Is parking available at this property?

Yes, this property offers parking space for 0.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Other and cooling via Central Air.

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Location

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297 College Street, Unit 2, Toronto, ON

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Condo Complex Overview

297 College Street Condo

297 College Street Toronto, Toronto

Built 20124.0 RatingView Building Page

297 College Street Toronto: Urban Connectivity & Lifestyle Snapshot

Neighborhood Transit Matrix

The building sits just a block east of the College‑Bloor subway corridor, giving residents a 3‑minute walk to the TTC Line 1 platform. From there, downtown financial core destinations arrive in under ten minutes, while the GO Exhibition station is reachable via a short bus ride on the 511 route. The proximity to the 507 bus service also links to the streetcar network that threads through the Annex and Kensington Market, making weekend explorations of vintage shops and art galleries effortless. Walk Score sits at 94, confirming that daily errands — coffee, groceries, or a quick pharmacy stop — can be completed without a vehicle.

Architectural Profile & Unit Flow

Constructed in 2012, the six‑storey mid‑rise showcases a contemporary glass‑and‑brick façade that balances sleek modernity with the brick‑laden streetscape of the College‑Bathurst district. Inside, units range from 450 to 950 sq ft, featuring open‑concept living spaces, floor‑to‑ceiling windows, and high‑grade finishes such as quartz countertops and stainless‑steel appliances. The layout emphasizes a clear separation between sleeping and living zones, a design choice that reduces acoustic bleed and enhances privacy. Ceiling heights exceed 9 ft in most suites, contributing to a sense of spaciousness that many newer high‑rise towers lack.

Amenities & Resident Experience

Although the building does not boast a full‑service concierge, it offers a secure underground parking garage with designated visitor spots, a 24‑hour fitness centre, and a rooftop terrace that provides panoramic views of the city skyline. The rooftop includes a small lounge area, planter boxes, and a BBQ station, creating a communal vibe that appeals to young professionals and downsizers alike. Pet‑friendly policies allow cats and dogs under 30 lb, and the building’s management team maintains a responsive maintenance portal, typically addressing repair requests within 48 hours.

Market Reality & Buyer Strategy

Recent sales data indicate that condo units at 297 College Street have appreciated at an average annual rate of 4.2 % over the past three years, outperforming the broader downtown average of 3.5 %. Maintenance fees, which cover heating, water, and exterior upkeep, remain competitive, typically hovering around $0.60 per square foot. Parking allocations are limited to one stall per unit, with additional spaces available on a first‑come, first‑served basis, a factor that prospective buyers should verify during the viewing process. Given the building’s solid location and modest price point — often 5‑7 % below comparable new‑construction projects — it presents a strategic entry point for investors seeking rental stability and for owner‑occupiers who value walkability over extravagance.

Investment Outlook & Future Development

Looking ahead, the neighbourhood is slated to benefit from the planned expansion of the Ontario Line, which will add a new interchange just a few blocks west of the building by 2027. This transit upgrade is expected to boost foot traffic and attract new boutique retailers to the College‑Bathurst corridor, potentially lifting rental yields by 1‑2 percentage points. Additionally, the city’s recent zoning amendments encourage the conversion of underused commercial spaces into mixed‑use developments, a trend that could introduce modern amenities nearby and further enhance the area’s appeal to both renters and owner‑investors.

Ready to explore what 297 College Street Toronto can offer you? Contact Tony Sousa & The SOUSA TEAM for a personalized building evaluation, off‑market alerts, or a confidential unit valuation tailored to your goals.

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 297 College Street PH2, Toronto, ON M5T 0C2

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

Market Trend
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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$194,700 (30.0%)
* Minimum Canadian down payment required for this price is $39,900.
Amortization Period30 Years
Estimated Monthly Payment$2,160Based on a loan of $454,300 over 30 years.
Purchase Price$649,000
Loan Amount$454,300
Provincial Land Transfer Tax:$9,455
Toronto Municipal Land Transfer Tax:$9,455
Total Estimated Closing Taxes:$18,910

About Purchasing a Home in Toronto, ON

For a property listed at $649,000 in Toronto, the legal minimum down payment is $39,900 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 $9,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $9,455 also applies, bringing the total estimated land transfer taxes to $18,910.

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Kensington-Chinatown, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Kensington-Chinatown, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$1,065,845

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Kensington-Chinatown, Toronto

Elementary Schools

Ogden
Public33 Phoebe Street, Toronto, Ontario, M5T 1A8
6.8
Orde Street
Public18 Orde Street, Toronto, Ontario, M5T 1N7
6.2
St Edward
PublicEdward Street, Toronto, Ontario, M5G 1E2
9.0
Ryerson
Public96 Denison Avenue, Toronto, Ontario, M5T 1E4
4.1
Whitney
PublicQueen's Park Crescent West, Toronto, Ontario, M5S 3M2
9.7

Secondary Schools

St. Mary’s
Catholic9 Portugal Square, Toronto, Ontario, M6J 2H2
4.9
St. Joseph’s
Catholic74 Wellesley Street West, Toronto, Ontario, M5S 1C4
7.2
Central
Public725 Bathurst Street, Toronto, Ontario, M5S 2R5
4.2

Kensington-Chinatown, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.