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New3 hours ago

803 - 238 Simcoe Street

Kensington-Chinatown, Toronto

$449,000

Condo Apartment |
1 | 1 | 0 | 0
About this home

Welcome to Artists' Alley in the heart of downtown Toronto! This thoughtfully designed 538 sq. ft. "Jaffron" 1 bedroom, as per builder's floor plan, offers an efficient open-concept layout with no wasted space. Featuring contemporary finishes, quartz countertops, integrated appliances, modern cabinetry, and wood and ceramic flooring throughout with no carpet. Designed by renowned Hariri Pontarini Architects with amenity spaces by award-winning Studio Munge. Enjoy exceptional walkability just steps to St. Patrick subway station, OCAD University, the AGO and Grange Park, and approximately a 15-minute walk to U of T's St. George Campus and Temerty Faculty of Medicine at the Medical Sciences Building. Toronto General, Mount Sinai, Princess Margaret and SickKids are also nearby, along with Queen Street West, Eaton Centre, restaurants, cafés and shopping. An ideal downtown home for students, medical professionals, first-time buyers or investors.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size500-599 sq. ft.
Maintenance Fees$477
LockerNone
BalconyNone
ExposureNorth East
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax---
mls© NumberC13844768
Listed ByRIGHT AT HOME REALTY
Common Elements Included
Heat Included

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's estimated carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,298
Property tax (estimated)
$0
Heat allowance
$150
Condo fees, half counted
$239
Housing costs
$2,687 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $89,800
25-yr amortization

Income needed

$83,000

gross annual household income

Payment at 4%
$1,889 / mo
Cash down
$89,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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