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New4 hours ago

705 - 297 College Street

Kensington-Chinatown, Toronto

$518,000

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

Welcome to The College, a boutique condominium by Tribute Communities, ideally situated in the heart of Toronto's vibrant Kensington Market. This spacious one-bedroom residence offers a thoughtfully designed open-concept layout featuring 10-foot ceilings, laminate flooring, built-in appliances, and floor-to-ceiling windows that fill the suite with abundant natural light. The generous private balcony provides a peaceful outdoor retreat with a beautiful view overlooking the University of Toronto - St. George Campus. Residents enjoy an impressive selection of amenities, including 24-hour concierge and security, a fully equipped fitness centre, rooftop terrace with BBQs, theatre room, billiards room, party room, and guest suites. With T&T Supermarket conveniently connected to the building, everyday shopping and essentials are just steps from your door. Perfectly positioned for convenience and lifestyle, the residence is within easy reach of the University of Toronto, OCAD University, Central Technical School, Chinatown, Little Italy, hospitals, parks, and Queen's Park subway station. Experience contemporary downtown living in one of Toronto's most vibrant and connected neighbourhoods. A fantastic opportunity for first-time buyers, professionals, students, or investors looking for a well-located residence in the heart of the city.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleMulti-Level
Approx. AgeNot available
Size0-499 sq. ft.
Maintenance Fees$431
LockerNone
BalconyOpen
ExposureNorth
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$2,617
mls© NumberC13821818
Listed ByHOMELIFE LANDMARK REALTY INC.
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$2,651
Property tax
$218
Heat allowance
$150
Condo fees, half counted
$215
Housing costs
$3,235 / mo

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

Down payment20% · $103,600
25-yr amortization

Income needed

$100,000

gross annual household income

Payment at 4%
$2,180 / mo
Cash down
$103,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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