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.
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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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.Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Kensington-Chinatown, Toronto.
Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.
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The current listing price for 297 College Street, Unit 2, Toronto, ON in Kensington-Chinatown, Toronto is $649,000.
This property features 2 bedrooms and 1 bathroom across approximately 600-699 sqft.
297 College Street, Unit 2, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.
Key property features include: Arts Centre, Clear View, Electric Car Charger, Hospital, Library, Public Transit.
Interior highlights include: Built-In Oven, Carpet Free, Countertop Range.
Yes, this property offers parking space for 0.0 vehicle (Underground).
Heating is provided via Other and cooling via Central Air.
Request a live agent video tour or get 3D virtual walkthrough access for 297 College Street, Unit 2, Toronto, ON .
297 College Street Toronto, Toronto
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.
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.
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.
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.
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.
No historical data available for this property.
This could be the first listing for this address.
Data-driven valuation for 297 College Street PH2, Toronto, 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 $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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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.