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New3 hours ago

1406 - 238 Simcoe Street W

Kensington-Chinatown, Toronto

$498,000

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

Welcome to this stylish 1-bedroom suite offering 471 sq. ft. of thoughtfully designed living space in one of Toronto's most exciting communities. The open-concept layout features a living/dining area flowing into a modern kitchen. Laminate flooring runs throughout. This unit includes one locker, providing valuable storage. Enjoy exceptional building amenities including a fully equipped fitness, swimming pool, rooftop terrace, and beautifully designed common areas. Steps to TTC, world-class dining, entertainment, universities, shopping, museums, hospitals and cultural attractions - everything downtown living has to offer is right at your doorstep. Experience upscale urban living at Artist Alley - where convenience, comfort, and sophisticated style come together.

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BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size0-499 sq. ft.
Maintenance Fees$439
LockerOwned
BalconyOpen
ExposureSouth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesUnderground
Property Tax---
mls© NumberC14031500
Listed ByROYAL TEAM REALTY INC.
Heat Included
Common Elements Included
Building Insurance 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%
$2,549
Property tax (estimated)
$0
Heat allowance
$150
Condo fees, half counted
$219
Housing costs
$2,918 / mo

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

Down payment20% · $99,600
25-yr amortization

Income needed

$90,000

gross annual household income

Payment at 4%
$2,096 / mo
Cash down
$99,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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