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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 705 at 297 College Street
Welcome to The College, a boutique condominium by Tribute Communities, ideally situated in the heart of Toronto's vibrant Kensington Market. This spacious one-bedroom residence offers a thoughtfully designed open-concept layout featuring 10-foot ceilings, laminate flooring, built-in appliances, and floor-to-ceiling windows that fill the suite with abundant natural light. The generous private balcony provides a peaceful outdoor retreat with a beautiful view overlooking the University of Toronto - St. George Campus. Residents enjoy an impressive selection of amenities, including 24-hour concierge and security, a fully equipped fitness centre, rooftop terrace with BBQs, theatre room, billiards room, party room, and guest suites. With T&T Supermarket conveniently connected to the building, everyday shopping and essentials are just steps from your door. Perfectly positioned for convenience and lifestyle, the residence is within easy reach of the University of Toronto, OCAD University, Central Technical School, Chinatown, Little Italy, hospitals, parks, and Queen's Park subway station. Experience contemporary downtown living in one of Toronto's most vibrant and connected neighbourhoods. A fantastic opportunity for first-time buyers, professionals, students, or investors looking for a well-located residence in the heart of the city.
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 297 College St #705
Every detail from the listing, in one place.
Type
Condo
Style
Multi-Level
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
Multi-Level
Property class
Condo Apartment
297 College St #705 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® C14107704$488,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 297 College St #705 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
$2,397
/mo
based on the purchase price of $488,000
$97,600 cash
$390,400 financed
$328,819 total interest
Principal54%$390,400
Interest46%$328,819
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
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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-bed homes for sale in Toronto around $488K.
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 listings12,639Homes 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.
More in this building
8 for sale · 6 for rent at 297 College St — plus its sale and lease history.
297 College St #705 is listed at $488,000 (MLS® C14107704). Summitly updates the price as soon as the MLS® record changes.
Has the price of 297 College St #705 changed?
No — 297 College St #705 is still listed at its original asking price of $488,000.
How many bedrooms and bathrooms does 297 College St #705 have?
297 College St #705 has 1 bedroom and 1 bathroom, with about 0–499 square feet of living space. It is a condo in Toronto.
Is 297 College St #705 close to transit?
The nearest rapid-transit station is Queen's Park Station (Line 1), about 950 m (about a 12-minute walk) in a straight line. St. Patrick Station is about 1.1 km (about a 14-minute walk), and Bathurst Station is about 1.2 km (about a 15-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 297 College St #705?
About $2,397 a month — principal and interest on $488,000 with 20% down ($97,600), 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 297 College St #705 compare with other homes in Toronto?
Its asking price of $488,000 is about 42% 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 297 College St #705 been sold before?
Summitly has no earlier MLS® sale or lease of 297 College St #705 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 297 College St #705?
297 College St #705 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 297 College St #705 been on the market?
297 College St #705 was listed today (October 22, 2026).
What is the price per square foot of 297 College St #705?
About $978 per square foot: the asking price of $488,000 over the 0–499 sq ft the listing gives.
Does 297 College St #705 have parking or a garage?
Garage: Yes.
Does 297 College St #705 have a basement, and is it finished?
The listing says 297 College St #705 has no basement.
