| Heat Included | |
| Common Elements Included | |
| Building Insurance Included |






















401 - 238 Simcoe Street
Kensington-Chinatown, Toronto
$468,000
Welcome To Artist Alley Condos At 238 Simcoe St! Discover This Stylish And Functional 1 Bedroom + Den Suite In The Heart Of Downtown Toronto! Offering 602 Sq.Ft. Of Thoughtfully Designed Living Space, This Beautiful Residence Features A Bright Open-Concept Living And Dining Area With Floor-To-Ceiling Windows And A Walk-Out To A Private Balcony. The Modern Kitchen Showcases Sleek Cabinetry, Built-In Appliances And Contemporary Finishes, Seamlessly Blending Style And Functionality. The Spacious Primary Bedroom Features Large Windows And Ample Closet Space, While The Generously Sized Den Offers Excellent Flexibility As A Home Office, Study Area Or Guest Space. A Smart And Efficient Layout Maximizes Every Square Foot, Complete With Convenient Ensuite Laundry. Enjoy An Unbeatable Downtown Location Just Steps To St. Patrick Subway Station, TTC, OCAD University, Art Gallery Of Ontario, Restaurants, Shopping And Major Hospitals. Minutes To The University Of Toronto, Financial District, Entertainment District, Eaton Centre And Nathan Phillips Square. An Exceptional Opportunity For First-Time Buyers, Young Professionals And Investors Seeking Modern Urban Living In One Of Toronto's Most Convenient Downtown Locations!
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 0-5 |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $515 |
| Locker | None |
| Balcony | Open |
| Exposure | North |
| Parking Type | Underground |
| Parking Spaces | 0 |
| Parking Features | Underground |
| Property Tax | --- |
| mls© Number | C14093334 |
| Listed By | FIRST CLASS REALTY INC. |
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 estimated carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,395
- Property tax (estimated)
- $0
- Heat allowance
- $150
- Condo fees, half counted
- $258
- Housing costs
- $2,803 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$86,000
gross annual household income
- Payment at 4%
- $1,969 / mo
- Cash down
- $93,600
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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