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







1406 - 238 Simcoe Street W
Kensington-Chinatown, Toronto
$498,000
Welcome to this stylish 1-bedroom suite offering 471 sq. ft. of thoughtfully designed living space in one of Toronto's most exciting communities. The open-concept layout features a living/dining area flowing into a modern kitchen. Laminate flooring runs throughout. This unit includes one locker, providing valuable storage. Enjoy exceptional building amenities including a fully equipped fitness, swimming pool, rooftop terrace, and beautifully designed common areas. Steps to TTC, world-class dining, entertainment, universities, shopping, museums, hospitals and cultural attractions - everything downtown living has to offer is right at your doorstep. Experience upscale urban living at Artist Alley - where convenience, comfort, and sophisticated style come together.
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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | 0-5 |
| Size | 0-499 sq. ft. |
| Maintenance Fees | $439 |
| Locker | Owned |
| Balcony | Open |
| Exposure | South |
| Parking Type | Underground |
| Parking Spaces | 0 |
| Parking Features | Underground |
| Property Tax | --- |
| mls© Number | C14031500 |
| Listed By | ROYAL TEAM REALTY INC. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
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What the bank counts
This home's estimated carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $2,549
- Property tax (estimated)
- $0
- Heat allowance
- $150
- Condo fees, half counted
- $219
- Housing costs
- $2,918 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$90,000
gross annual household income
- Payment at 4%
- $2,096 / mo
- Cash down
- $99,600
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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