Welcome To 238 Simcoe St, Unit 2907, A Stylish 1 Bedroom + Den Suite In The Prestigious Artist Alley Condos! Perched On A High Floor, This Bright And Modern Residence Offers Breathtaking South-Facing City Views. The Functional Open-Concept Layout Features A Spacious Living And Dining Area With A Walk-Out To The Private Balcony. The Modern Kitchen Is Equipped With A Full Set Of Built-In Appliances And A Sleek Backsplash. The Primary Bedroom Features Floor-To-Ceiling Windows And A Mirrored Closet, While The Versatile Den Can Be Used As A Home Office Or Potential Second Bedroom. Located In The Heart Of Downtown Toronto With A Near-Perfect Walk And Transit Score, This Exceptional Location Offers Unparalleled Urban Convenience. Steps To TTC And St. Patrick Subway Station, OCAD University, The AGO, Restaurants, Parks, Hospitals, And More! Minutes To The University Of Toronto, Financial And Entertainment Districts, Nathan Phillips Square, Eaton Centre, And All That Downtown Toronto Has To Offer. An Excellent Opportunity For Professionals, Students, And Investors Alike!
1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $998 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.
Inside 238 Simcoe St #2907
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
500-599 sq ftas stated on the listing
Basement
None
Features & systems
Parking & garage
Garage
Yes
Parking spaces
0
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
Apartment
Property class
Condo Apartment
238 Simcoe St #2907 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C13771702$499,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 238 Simcoe St #2907 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$2,451
/mo
based on the purchase price of $499,000
$99,800 cash
$399,200 financed
$336,231 total interest
Principal54%$399,200
Interest46%$336,231
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Toronto
Other 1–2 bed homes for sale in Toronto around $499K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4966.8%On average, homes sold at or above asking.
Active listings12,460Homes for sale here right now.
Median vs prior 90 days0.0%Compared with Apr 30 – Jul 29, 2026.
Based on 9,552 sales from Jul 29 – Oct 27, 2026 (6,950 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
4 for sale · 4 for rent at 238 Simcoe St — plus its sale and lease history.
238 Simcoe St #2907 is listed at $499,000 (MLS® C13771702). Summitly updates the price as soon as the MLS® record changes.
Is $499,000 a good price for 238 Simcoe St #2907?
Summitly rates it Above Market: the asking price is 5% to 15% above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 238 Simcoe St #2907 changed?
No — 238 Simcoe St #2907 is still listed at its original asking price of $499,000.
How many bedrooms and bathrooms does 238 Simcoe St #2907 have?
238 Simcoe St #2907 has 1 bedroom and 1 bathroom, with about 500–599 square feet of living space. It is a condo in Toronto.
Is 238 Simcoe St #2907 close to transit?
The nearest rapid-transit station is St. Patrick Station (Line 1), about 140 m (about a 2-minute walk) in a straight line. Osgoode Station is about 380 m (about a 5-minute walk), and Queen's Park Station is about 670 m (about a 8-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 238 Simcoe St #2907?
About $2,451 a month — principal and interest on $499,000 with 20% down ($99,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 238 Simcoe St #2907 compare with other homes in Toronto?
Its asking price of $499,000 is about 41% below the median sold price in Toronto over the last 90 days, $840,000, across 9,552 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 238 Simcoe St #2907 been sold before?
Summitly has no earlier MLS® sale or lease of 238 Simcoe St #2907 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 238 Simcoe St #2907?
238 Simcoe St #2907 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 238 Simcoe St #2907 been on the market?
47 days — 238 Simcoe St #2907 was listed on September 10, 2026.
What is the price per square foot of 238 Simcoe St #2907?
About $833 to $998 per square foot: the asking price of $499,000 over the 500–599 sq ft the listing gives as its size range.
Does 238 Simcoe St #2907 have parking or a garage?
