Condo sold at 507A-280 Simcoe Street, Toronto, Ontario, M5T 2Y5 - Kensington-Chinatown - MLS: C12035593

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507A-280 Simcoe Street

Toronto, Ontario, M5T 2Y5 - Kensington-Chinatown

$949,900$000000

Virtual Tour

Neighbourhood

Kensington-Chinatown
Major Intersection

Simcoe/Dundas

Listed Since: 106 day(s)
Last update: 94 day(s) ago

Virtual Tour

Overview

Property Type

Condo Apt, Apartment
Bedrooms

2
Bathrooms

2
Square Feet

1400-1599
Exposure

South West
Total Parking

1 Underground Garage
Maintenance

$1,212
Taxes

$4,441.95 (2025)
Balcony

None

Property Description

Property description for 507A-280 Simcoe Street, Toronto

1 Park Lane ** Welcome To This Creatively Designed Residential Condominium That Feels More Like You're Living In A Hotel ** The Amenities Are Incredible And Endless ** Be Prepared For A Retreat In Your Own BuildIng ** Fitness Or Games People ? How About A Fully Equipped Gym, Squash Courts, Billiards, Table Tennis? Or Need To Relax ? The Sauna & Salt Water Indoor Pool Await You ** Followed By Relaxing On The Sun Filled Roof Top Terrace & BBQ Area ** Your Inner Sanctuary Is Special ** But So Is The Proximity To Everything Urban Living Offers **Transit ** World Renowned Hospitals ** Art Galleries & Theatre Are All In Your Immediate Area ** That's Just The Overview ** The Best Is Having 1485 sq ft In The Privacy Of Your Own Condo ** With 2 Split Bedrooms - A Master Ensuite & A 2nd Semi Ensuite - Its Easy To Find Privacy ** The Abundant Light From The West Facing Windows Make It Easy To just Relax Or Entertain In The Large Living Space ** You Deserve It Don't You Think?

Listed by REAL ESTATE HOMEWARD

Property details

MLS #

C12035593
Sq. Ft

1400-1599
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Exclusive
Locker

Ensuite
Pets Permitted

Restrict
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Concierge,Gym,Games Room,Indoor Pool,Party/Meeting Room,Rooftop Deck/Garden
Maintenance Fee Includes

Heat, Parking, Water
Property Management

Icon Property Managent
Heat

Fan Coil
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

N

MLS #

C12035593
Sq. Ft

1400-1599
Sq. Ft. Source

MLS
Year Built

Available Upon Request
Basement

None
View

n/a
Garage

Underground, 1 spaces
Parking Type

Exclusive
Locker

Ensuite
Pets Permitted

Restrict
Exterior

Brick
Fireplace

N
Security

n/a
Elevator

n/a
Laundry Level

n/a
Building Amenities

Concierge,Gym,Games Room,Indoor Pool,Party/Meeting Room,Rooftop Deck/Garden
Maintenance Fee Includes

Heat, Parking, Water
Property Management

Icon Property Managent
Heat

Fan Coil
A/C

Central Air
Water

n/a
Water Supply

n/a
Central Vac

N
Cert Level

n/a
Energy Cert

N

Living

6.4 x 3.47 ft Main level

Window, West View, Parquet Floor
Dining

3.95 x 2.84 ft Main level

Open Concept, Parquet Floor
Kitchen

3.36 x 2.68 ft Main level

Pantry, Tile Floor
Breakfast

2.68 x 2.22 ft Main level

Large Closet, Window
Den

2.47 x 2.71 ft Main level

Window, Sliding Doors
Primary

4.65 x 3.88 ft Main level

4 Pc Ensuite, Double Closet, Window
2nd Br

4.79 x 3.88 ft Main level

Double Closet, Parquet Floor, Window

Contact Manoj Kukreja

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

Estimated price

Date

Price

Change

2025-03-22

$944,580

1.52%

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

Active listings

Average Selling Price of a Condo Apt

June 2025

$605,500

Last 3 Months

$599,470

Last 12 Months

$653,565

June 2024

$537,417

Last 3 Months LY

$757,330

Last 12 Months LY

$804,374

Change

13%

Change

-21%

Change

-19%

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

Average Selling Price

3 years ago

$612,958

Average Selling Price

5 years ago

$708,719

Average Selling Price

10 years ago

$433,192

Change

-1%

Change

-15%

Change

40%

Number of Condo Apt Sold

June 2025

Last 3 Months

Last 12 Months

June 2024

Last 3 Months LY

Last 12 Months LY

Change

67%

Change

25%

Change

29%

How many days Condo Apt takes to sell (DOM)

June 2025

Last 3 Months

Last 12 Months

June 2024

Last 3 Months LY

Last 12 Months LY

Change

42%

Change

43%

Change

42%

Average Selling price

Inventory Graph

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Purchase Price

First time home buyer

Down Payment($)

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.