238 Simcoe Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Multi-Level condo apartment located in the coveted neighborhood of University. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $2,350 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
- Notable attributes: None
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Downtown Luxury Condo 1Bedroom Plus 1Den! Large den can be used as a 2nd bedroom. Open Concept South Facing, Build-In Appliances, Morden Design. Just 2 minutes to St. Patrick and Osgoode Subway Stations, 4 minutes to OCAD, and 10 minutes to UofT. Walk to Toronto City Hall, Nathan Philips Square, Eaton Centre, Chinatown, and the Financial District.
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 238 Simcoe Street 1107, Toronto C01, ON M5T 3B9
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 $2,350 in Toronto, the legal minimum down payment is $118 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 $24.
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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.
