Condo for sale at 701A-280 Simcoe Street, Toronto, Ontario, M5T 2Y5 - Kensington-Chinatown - MLS: C12810770

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701A-280 Simcoe Street

Toronto, Ontario, M5T 2Y5 - Kensington-Chinatown

$999,000

Neighbourhood

Kensington-Chinatown
Major Intersection

Simcoe/Dundas

Listed Since: 4 day(s)
Last update: 1 day(s) ago

Overview

Property Type

Condo Apt, Apartment
Bedrooms

2
Bathrooms

2
Square Feet

1400-1599
Exposure

South West
Total Parking

1 Underground Garage
Maintenance

$1,246
Taxes

$4,683.00 (2025)
Balcony

None

Property Description

Property description for 701A-280 Simcoe Street, Toronto

Welcome to the residences at One Park Lane. Prestigious University & Dundas location! This expansive and renovated 1,515 sq. ft. corner suite offers exceptional value at just $650 per square foot.Filled with natural light from walls of windows, the unit enjoys a rare, private tree top exposure on a quiet street - a serene retreat in the heart of downtown. Features include a beautifully renovated kitchen with ample counter space and storage, full size appliances and laundry, hardwood floors throughout, and a grand open-concept living and dining area ideal for entertaining. Two generously sized bedrooms and two full baths, including a spacious primary suite with a 4-piece ensuite. Includes parking. All-inclusive maintenance fees cover utilities,Bell internet and cable. Resort-style building amenities include a dramatic skylit lobby with koi pond, 24-hour concierge, indoor pool, sauna, gym, squash court, billiards room, roof top garden with BBQ area, and visitor parking. Steps to St. Patrick subway, U of T, major hospitals, Financial District, Eaton Centre, dining and entertainment. Rare space, privacy and value in prime downtown Toronto

Listed by FOREST HILL REAL ESTATE INC.

Property details

MLS #

C12810770
Sq. Ft

1400-1599
Sq. Ft. Source

MLS
Year Built

31-50
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Ensuite
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Concierge,Exercise Room,Gym,Indoor Pool,Recreation Room,Rooftop Deck/Garden
Maintenance Fee Includes

Cable, Heat, Hydro, Parking, Water
Property Management

Icon Property Management 416-977-0376
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

MLS #

C12810770
Sq. Ft

1400-1599
Sq. Ft. Source

MLS
Year Built

31-50
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Owned
Locker

Ensuite
Pets Permitted

Yes-with Restrictions
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Concierge,Exercise Room,Gym,Indoor Pool,Recreation Room,Rooftop Deck/Garden
Maintenance Fee Includes

Cable, Heat, Hydro, Parking, Water
Property Management

Icon Property Management 416-977-0376
Heat

Forced Air
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

n/a

Foyer

1.3 x 3.3 ft Main level

Closet, Tile Floor
Living

6.0 x 6.6 ft Main level

Open Concept, Window, hardwood floor
Dining

6.0 x 6.6 ft Main level

Open Concept, hardwood floor, Window
Kitchen

2.6 x 4.9 ft Main level

Renovated, Breakfast Area, Pot Lights
Breakfast

1.6 x 2.7 ft Main level

Window, Breakfast Bar
Primary

4.0 x 4.8 ft Main level

4 Pc Ensuite, Double Closet, Bay Window
2nd Br

2.9 x 4.9 ft Main level

Double Closet, Large Window, 3 Pc Bath

Contact Manoj Kukreja

Sales Representative,
Century 21 People’s Choice Realty Inc.,
Brokerage
(647) 576 - 2100

Local Real Estate Price Trends for Condo Apt in Kensington-Chinatown

Active listings

Average Selling Price of a Condo Apt

January 2026

$653,625

Last 3 Months

$723,125

Last 12 Months

$714,837

January 2025

$701,633

Last 3 Months LY

$653,544

Last 12 Months LY

$746,107

Change

-7%

Change

11%

Change

-4%

Historical Average Selling Price of a Condo Apt in Kensington-Chinatown

Average Selling Price

3 years ago

$690,350

Average Selling Price

5 years ago

$760,154

Average Selling Price

10 years ago

$412,167

Change

-5%

Change

-14%

Change

59%

Number of Condo Apt Sold

January 2026

Last 3 Months

Last 12 Months

January 2025

Last 3 Months LY

Last 12 Months LY

Change

33%

Change

17%

Change

-22%

How many days Condo Apt takes to sell (DOM)

January 2026

Last 3 Months

Last 12 Months

January 2025

Last 3 Months LY

Last 12 Months LY

Change

185%

Change

58%

Change

21%

Average Selling price

Inventory Graph

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Down Payment(%)*

Additional information

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registration Fee's

$164

Title Insurance

Closing Cost Total

Total Cash flow for purchasing this property

Provincial Land Transfer Tax

Ontario Land Transfer Tax Rebate

Toronto Land Transfer Tax

Toronto Land Transfer Tax Rebate

PST on CMHC Insurance Premium

Lawyer Fees

$2,825

Government Registarion Fee's

$164

Title Insurance

Purchase Price

Down Payment($)

Down Payment(%)*

First time home buyer

* A down payment of less than 20% is permitted only for first-time home buyers purchasing their principal residence. The minimum down payment required is 5% for the portion of the purchase price up to $500,000, and 10% for the portion between $500,000 and $1,500,000. For properties priced over $1,500,000, a minimum down payment of 20% is required.