238 Simcoe Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of University. Expertly crafted featuring premium other construction, this residence presents an exceptional opportunity offered at $2,300 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 500-599 sqft
- 0.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Welcome to 238 Simcoe Street, a brand-new building in the heart of downtown Toronto!. One bedroom and one bathroom. This unit features stunning hardwood floors in the living, dining, and kitchen areas, all set within an open-concept layout that maximizes space and light. Enjoy the convenience of living steps away from world-class hospitals like Sick Kids, Mount Sinai, Princess Margaret, and Toronto General. You'll also be within walking distance to premier shopping at Eaton Centre, vibrant cultural spots like the AGO, and top educational institutions including OCAD University, the University of Toronto, and Toronto Metropolitan University. Explore the eclectic neighborhoods of Chinatown and Kensington Market, and enjoy an array of dining options right at your doorstep. With St. Patrick TTC subway station nearby, the city is at your fingertips. Don't miss out on this fantastic opportunity to live in the core of downtown Toronto!
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Key Features
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Features
Property Features
Clear View, Park, Place Of Worship, Hospital, School
Interior Features
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 238 Simcoe Street 1503, Toronto C01, ON M5T 0E2
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $2,300 in Toronto, the legal minimum down payment is $115 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 $12 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $12 also applies, bringing the total estimated land transfer taxes to $23.
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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.
