608-297 College Street, Toronto, ON

Kensington-Chinatown, Toronto · MLS® C13690300

$749,999
For Sale
Listed 61 days agoNo offer date statedSitting longer than typical
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1+1Bedrooms
1Bathrooms
1Garage
700-799Sq ft

About this home

In short

  • Bright 1 Bedroom + Den with Unobstructed Skyline Views in the Heart of Downtown Toronto.
  • Perfectly positioned at 297 College Street, this home puts you right in the heart of one of Toronto's most vibrant and convenient neighbourhoods.

Bright 1 Bedroom + Den with Unobstructed Skyline Views in the Heart of Downtown Toronto! Perfectly positioned at 297 College Street, this home puts you right in the heart of one of Toronto's most vibrant and convenient neighbourhoods. Enjoy being just steps from Chinatown, Kensington Market, shopping, restaurants, cafés, transit, and everyday amenities-with an indoor TNT Supermarket conveniently located within the building. For students, professionals, and investors alike, the location is hard to beat, with the University of Toronto just minutes away and easy access to everything downtown Toronto has to offer. Whether you're looking for a stylish urban home, a convenient student residence, or an attractive investment opportunity, this condo offers an exceptional combination of location, natural light, functional living space, and stunning city views. Experience downtown Toronto living at its finest-come and take a tour!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13690300
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
700-799 sq ft
Cross streets
College / Spadina
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$768/mo
Exposure
South
Property tax
$3,838 / 2025
Days on market
61
Listing brokerage
EXP REALTY

Rooms

Living RoomFlat5.48 × 3.96 m

laminate · combined w/kitchen · b/i dishwasher

Primary BedroomFlat3.04 × 2.74 m

Sliding Doors

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

The assigned public school is King Edward Junior and Senior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

What sellers nearby are askingCurrently listed nearby in Kensington-Chinatown · asking prices
$661kavg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

Per square foot, these ask about $935/sqft; this home lists at $1,001/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
750kThis home750k650k699k628k580kThis home vs active comparables

Neighbourhood & location

Kensington-Chinatown, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Annex
$1.03M
Waterfront Communities C1
$687K
Niagara
$687K
Church-Yonge Corridor
$580K
North St. James Town
$649K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near da Vinci School
67%
da Vinci SchoolPublic · Elementary · 0.2 km awayBelow the GTA average · 67% meet the provincial standard
Also nearby: 12 more schools within 2.5 km
Lord Lansdowne Junior Public School · Public elementary0.2 km · 85% at standard
Kensington Community School School Junior · Public elementary0.4 km · 97% at standard
Subway Academy II · Public secondary0.5 km
Beverley School · Public elementary0.5 km
Heydon Park Secondary School · Public secondary0.6 km · 8% at standard
Ryerson Community School Junior Senior · Public elementary0.7 km · 52% at standard
Orde Street Public School · Public elementary0.7 km · 76% at standard
Central Technical School · Public secondary0.8 km · 54% at standard
Ogden Junior Public School · Public elementary1.0 km · 69% at standard
Contact Alternative School School · Public secondary1.0 km
Clinton Street Junior Public School · Public elementary1.0 km · 90% at standard
St Francis of Assisi Catholic School · Catholic elementary1.1 km · 80% at standard

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$3,418/mo
$158KIncome needed
4.7×Price ÷ income
$789Weekly cost
$22,950Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

76%mortgage
Mortgage $3,418Property tax $320Condo fee $768Total carry $4,507

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,317per month

Mortgage amount $599,999 · 4.49% over 25 years

$150,000Down payment (20.0%)
$599,999Loan before insurance
$0CMHC premium
$4,405Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,317
Property tax
$320
Condo / maintenance fees
$768
Heating
$0
Estimated monthly cost
$4,405

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$11,475
Toronto municipal land transfer tax
$11,475
Estimated closing costs
$22,950

Plus your down payment of $150,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,015/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$395,250Total interest paid
$995,250Total of all payments
Principal $599,999 Interest $395,250
YearPrincipalInterestBalance
1$13,389$26,421$586,610
2$13,997$25,813$572,612
3$14,633$25,177$557,980
4$15,297$24,513$542,682
5$15,992$23,818$526,690
6$16,718$23,092$509,972
7$17,477$22,333$492,495
8$18,271$21,539$474,225
9$19,100$20,710$455,125
10$19,967$19,843$435,158
11$20,874$18,936$414,284
12$21,822$17,988$392,462
13$22,812$16,998$369,649
14$23,848$15,962$345,801
15$24,931$14,879$320,870
16$26,063$13,747$294,807
17$27,246$12,564$267,561
18$28,483$11,327$239,077
19$29,777$10,033$209,301
20$31,129$8,681$178,172
21$32,542$7,268$145,630
22$34,020$5,790$111,610
23$35,564$4,246$76,046
24$37,179$2,631$38,867
25$38,867$943$0

At the end of your 5-year term

Total paid over the term
$199,050
Principal paid down
$73,309
Interest paid
$125,741
Balance remaining
$526,690

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,400/mo
$28,800Gross annual rent
1.6%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

3.8%
Gross yield
− Property tax $3,838− Condo fees $9,221− Insurance $600− Vacancy & upkeep $3,168Net operating income $11,973

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of EXP REALTY. MLS®/PropTx.

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