238 Simcoe St #401, Toronto

Name: 238 Simcoe Street, Unit 401
SKU: C14093334
Price: 468000 CAD
Availability: InStock

1 Bed, 1 Bath Condo in Toronto

Unit 401 at 238 Simcoe Street

Welcome To Artist Alley Condos At 238 Simcoe St! Discover This Stylish And Functional 1 Bedroom + Den Suite In The Heart Of Downtown Toronto! Offering 602 Sq.Ft. Of Thoughtfully Designed Living Space, This Beautiful Residence Features A Bright Open-Concept Living And Dining Area With Floor-To-Ceiling Windows And A Walk-Out To A Private Balcony. The Modern Kitchen Showcases Sleek Cabinetry, Built-In Appliances And Contemporary Finishes, Seamlessly Blending Style And Functionality. The Spacious Primary Bedroom Features Large Windows And Ample Closet Space, While The Generously Sized Den Offers Excellent Flexibility As A Home Office, Study Area Or Guest Space. A Smart And Efficient Layout Maximizes Every Square Foot, Complete With Convenient Ensuite Laundry. Enjoy An Unbeatable Downtown Location Just Steps To St. Patrick Subway Station, TTC, OCAD University, Art Gallery Of Ontario, Restaurants, Shopping And Major Hospitals. Minutes To The University Of Toronto, Financial District, Entertainment District, Eaton Centre And Nathan Phillips Square. An Exceptional Opportunity For First-Time Buyers, Young Professionals And Investors Seeking Modern Urban Living In One Of Toronto's Most Convenient Downtown Locations!

1 bedroom, 1 bathroom, about 600 sq ft, works out to roughly $780 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 #401

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 600-699 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 #401 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Oct 19, 2026For saleListedThis listingMLS® C14093334$468,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 238 Simcoe St #401 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

Excellent Deal· based on 15,688 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $845,000
Average sold price: $1,080,552
Average days on market: 32
Homes sold: 9,303

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$845,000Last 90 days
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5097.1%On average, homes sold at or above asking.
Active listings12,464Homes for sale here right now.
Median vs prior 90 days+1.2%Compared with Apr 25 – Jul 24, 2026: prices up.

Based on 9,303 sales from Jul 24 – Oct 22, 2026 (6,811 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 401 — 238 Simcoe Street 1 bd · 1 ba · 600 sqft	$468,000asking	$780	—	—
5 Valhalla Inn Road 1 bd · 1 ba · 700 sqft
199 Richmond Street 1 bd · 1 ba · 500 sqft
23 Hollywood Avenue 2 bd · 2 ba · 1,000 sqft
88 Harbour Street 1 bd · 1 ba · 500 sqft
280 Simcoe Street 2 bd · 2 ba · 1,400 sqft
2A Church Street 2 bd · 2 ba · 700 sqft

5 Valhalla Inn Road
1 bd · 1 ba · 700 sqft
199 Richmond Street
1 bd · 1 ba · 500 sqft
23 Hollywood Avenue
2 bd · 2 ba · 1,000 sqft
88 Harbour Street
1 bd · 1 ba · 500 sqft
280 Simcoe Street
2 bd · 2 ba · 1,400 sqft
2A Church Street
2 bd · 2 ba · 700 sqft

More in this building

4 for sale · 3 for rent at 238 Simcoe St — plus its sale and lease history.

See all of 238 Simcoe St

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

St. Patrick StationLine 1140 m2 min walk
Osgoode StationLine 1380 m5 min walk
Queen's Park StationLine 1670 m8 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

St. Patrick Station (Line 1)2 min walk
Osgoode Station (Line 1)5 min walk
Queen's Park Station (Line 1)8 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

St. Patrick Station
140 m2 minClosest· Line 1
Homes near St. Patrick Station
Osgoode Station
380 m5 min· Line 1
Homes near Osgoode Station
Queen's Park Station
670 m8 min· Line 1
Homes near Queen's Park Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 238 Simcoe St #401. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 238 Simcoe St #401

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $2,299; 20% down · 25 years · 5.5% assumed
Property tax: $257; 0.66% mill rate · ON
Total per month: $2,556; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$2,299

/mo

based on the purchase price of $468,000

Down payment20%

$93,600 cash

Amortization25 yr

$374,400 financed

Rate5.50%

$315,343 total interest

Principal54%$374,400

Interest46%$315,343

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.

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Questions About 238 Simcoe St #401

How much is 238 Simcoe St #401 listed for?

238 Simcoe St #401 is listed at $468,000 (MLS® C14093334). Summitly updates the price as soon as the MLS® record changes.

Is $468,000 a good price for 238 Simcoe St #401?

Summitly rates it Excellent Deal: the asking price is 10% or more below 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 #401 changed?

No — 238 Simcoe St #401 is still listed at its original asking price of $468,000.

How many bedrooms and bathrooms does 238 Simcoe St #401 have?

238 Simcoe St #401 has 1 bedroom and 1 bathroom, with about 600–699 square feet of living space. It is a condo in Toronto.

Is 238 Simcoe St #401 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 #401?

About $2,299 a month — principal and interest on $468,000 with 20% down ($93,600), 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 #401 compare with other homes in Toronto?

Its asking price of $468,000 is about 45% below the median sold price in Toronto over the last 90 days, $845,000, across 9,303 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 #401 been sold before?

Summitly has no earlier MLS® sale or lease of 238 Simcoe St #401 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 238 Simcoe St #401?

238 Simcoe St #401 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 238 Simcoe St #401 been on the market?

3 days — 238 Simcoe St #401 was listed on October 19, 2026.

What is the price per square foot of 238 Simcoe St #401?

About $670 to $780 per square foot: the asking price of $468,000 over the 600–699 sq ft the listing gives as its size range.

Does 238 Simcoe St #401 have parking or a garage?

Garage: Yes.

What you should know