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New7 hours ago

1209 - 280 Simcoe Street

Kensington-Chinatown, Toronto

$1,099,000

Condo Apartment |
2 | 2 | 1 | 0
About this home

Welcome to Suite 1209 at 280 Simcoe Street, a spacious and beautifully updated two-bedroom residence offering approximately 1,515 sq. ft. in the heart of downtown Toronto. Set on a bright south-east corner, the suite features a highly functional split-bedroom layout, generous living and dining areas, and a wood-burning fireplace that adds warmth and character. The eat-in kitchen has been updated with stainless steel appliances, while newer flooring and thoughtful improvements throughout make the home completely move-in ready. Suites of this size are increasingly difficult to find, particularly in such a central location. Just steps from University Avenue and the subway, with the University of Toronto, Hospital Row, Queen West, the AGO and the Financial District all within easy walking distance. One Park Lane also offers extensive amenities including 24-hour security, an indoor pool, fitness room, squash court, saunas, party room and rooftop terraces.

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agent
Mahta Nourbakhsh
(416) 953-9580
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size1400-1599 sq. ft.
Maintenance Fees$1,246
LockerNone
BalconyNone
ExposureSouth East
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$4,683
mls© NumberC13809392
Listed ByCHESTNUT PARK REAL ESTATE LIMITED
Heat Included
Hydro Included
Water Included
Cable TV Included
CAC Included
Common Elements Included
Parking Included

Listing History

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

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Could you afford this home?

What the bank counts

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

Mortgage, tested at 6%
$5,625
Property tax
$390
Heat allowance
$150
Condo fees, half counted
$623
Housing costs
$6,788 / mo

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

Down payment20% · $219,800
25-yr amortization

Income needed

$209,000

gross annual household income

Payment at 4%
$4,625 / mo
Cash down
$219,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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