238 Simcoe Street, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of University. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $2,500 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: Separate Hydro Meter
- equipped with central air central cooling and highly efficient heat pump heating via electric
Description
Experience sophisticated downtown living at Artist Alley Condos! This bright and functional 1+Den suite features a highly sought-after layout with 9-ft ceilings, floor-to-ceiling windows, contemporary finishes, and premium built-in stainless steel appliances. The spacious open-concept den offers exceptional flexibility and can comfortably function as a second bedroom, featuring convenient semi-ensuite access to the bathroom-ideal for roommates, students, or professionals working from home. Heated floors in the living room and bedroom, available only in select units, provide an added touch of luxury.Located in the heart of downtown Toronto, just steps to OCAD University, the University of Toronto, Toronto Metropolitan University, St. Patrick Subway Station, hospitals, the Financial District, Eaton Centre, restaurants, cafés, parks, theatres, and endless entertainment options. Enjoy the very best of urban living with world-class amenities and unparalleled convenience right at your doorstep.
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Parking & Garage
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Separate Hydro Meter
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 238 Simcoe Street 1701, 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 $2,500 in Toronto, the legal minimum down payment is $125 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 $13 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $13 also applies, bringing the total estimated land transfer taxes to $25.
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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.
