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Zara is an AI virtual agent. Advisors are licensed REALTORS® at Coldwell Banker Summit Realty, Brokerage.
1 Bed, 1 Bath Condo in Toronto
Unit 1406 at 238 Simcoe Street West
Welcome to this stylish 1-bedroom suite offering 471 sq. ft. of thoughtfully designed living space in one of Toronto's most exciting communities. The open-concept layout features a living/dining area flowing into a modern kitchen. Laminate flooring runs throughout. This unit includes one locker, providing valuable storage. Enjoy exceptional building amenities including a fully equipped fitness, swimming pool, rooftop terrace, and beautifully designed common areas. Steps to TTC, world-class dining, entertainment, universities, shopping, museums, hospitals and cultural attractions - everything downtown living has to offer is right at your doorstep. Experience upscale urban living at Artist Alley - where convenience, comfort, and sophisticated style come together.
1 bedroom, 1 bathroom, 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 W #1406
Every detail from the listing, in one place.
Type
Condo
Style
Apartment
Living space
0-499 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 W #1406 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14031500$498,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 238 Simcoe St W #1406 Compares to the Toronto Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Zara’s estimate
$•,•••,•••
Estimated from city-wide sales. There isn’t enough detail on this listing to rate the price.
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
$2,447
/mo
based on the purchase price of $498,000
$99,600 cash
$398,400 financed
$335,557 total interest
Principal54%$398,400
Interest46%$335,557
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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Zara · AI virtual agent
Ask about 238 Simcoe St W #1406 day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
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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 1–3 bed homes for sale in Toronto around $498K.
Average days on market31Homes sold in about 31 days on average.
Sale-to-list ratio4977.1%On average, homes sold at or above asking.
Active listings12,555Homes for sale here right now.
Median vs prior 90 days+2.9%Compared with Apr 17 – Jul 16, 2026: prices up.
Based on 9,532 sales from Jul 16 – Oct 14, 2026 (6,655 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
238 Simcoe St W #1406 is listed at $498,000 (MLS® C14031500). Summitly updates the price as soon as the MLS® record changes.
Has the price of 238 Simcoe St W #1406 changed?
No — 238 Simcoe St W #1406 is still listed at its original asking price of $498,000.
How many bedrooms and bathrooms does 238 Simcoe St W #1406 have?
238 Simcoe St W #1406 has 1 bedroom and 1 bathroom, with about 0–499 square feet of living space. It is a condo in Toronto.
Is 238 Simcoe St W #1406 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 W #1406?
About $2,447 a month — principal and interest on $498,000 with 20% down ($99,600), 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 W #1406 compare with other homes in Toronto?
Its asking price of $498,000 is about 41% below the median sold price in Toronto over the last 90 days, $849,000, across 9,532 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 W #1406 been sold before?
Summitly has no earlier MLS® sale or lease of 238 Simcoe St W #1406 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 238 Simcoe St W #1406?
238 Simcoe St W #1406 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 238 Simcoe St W #1406 been on the market?
238 Simcoe St W #1406 was listed today (October 14, 2026).
What is the price per square foot of 238 Simcoe St W #1406?
About $998 per square foot: the asking price of $498,000 over the 0–499 sq ft the listing gives.
Does 238 Simcoe St W #1406 have parking or a garage?
Garage: Yes.
Does 238 Simcoe St W #1406 have a basement, and is it finished?
The listing says 238 Simcoe St W #1406 has no basement.
