606 - 238 Simcoe Street

Chinatown, Toronto

606 - 238 Simcoe Street, Chinatown, Toronto

$599,000

Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $998.33

About this Condo

in Chinatown, Toronto

Welcome to Artist's Alley at 238 Simcoe Street, where luxury living meets unbeatable downtown convenience in the heart of Toronto's vibrant Grange Park cultural corridor. This beautifully designed South-facing 1-bedroom plus den suite offers approximately 659 sq. ft. of contemporary living space, highlighted by an impressive living room with soaring 12 ft.+ loft-style ceilings and an open-concept layout that creates an airy, light-filled atmosphere. The sleek modern kitchen seamlessly connects to the living and dining area, while the versatile den is ideal for a home office, guest space, or study nook to suit today's lifestyle. Residents enjoy premium building amenities including concierge service, fitness facilities, party/event space, and a rooftop terrace/lounge. Perfectly situated just steps to St. Patrick Station, OCAD University, the Art Gallery of Ontario, U of T, major hospitals, the Financial District, Eaton Centre, Chinatown, City Hall, and an endless array of dining, entertainment, and cultural destinations, this is an exceptional opportunity to experience the very best of urban Toronto living.

Listed by BAY STREET GROUP INC..

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LAND TRANSFER TAX CALCULATOR

Purchase Price  
First-Time Home Buyer
Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities

MORTGAGE CALCULATOR

     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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