238 Simcoe St Condos, Toronto

Downtown Real Estate Condos for Sale and Rent


238 Simcoe St, Toronto M5T3B9

Artists Alley Building 1 was built by
Lanterra DevelopmentsLanterra Developments was founded by Mark Mandelbaum and Barry Fenton, two real estate visionaries who began with a dream to develop innovative, one-of-a-kind downtown condominium properties.
and completed in year 2025.

There are total 39 floors and approximately 364 units.

The building currently has 6 units on sale, and 8 for lease.

Condo monthly management fee includes: Air Conditioning.

Condo facility includes: Gym, Concierge, Outdoor Pool, Party/Meeting Room, Jacuzzi, Media Room and Rooftop Deck/Garden.

Condo Building Analysis

For Sale

Maintenance costs have increased 5.4% compared with last year.

Recent Adjusted Sold Price Range (Excluding Parking/Locker)
$720 – $920/sqft

For Lease

Rent levels have remained relatively stable compared with the same period last year.

Recent Rent Range
$3.45 – $5.11/sqft

How This Condo Compares

Price Position
13.5% Lower
Recent sale prices are below similar-age condos in the community.
Maintenance Cost
4% Lower
Adjusted maintenance costs are below similar-age condo buildings in the community.
Effective Cost
4% Lower
Estimated occupancy costs are lower than similar-age condo buildings in the community after adjusting for included utilities.


School Information

Local Area Profile

This property is located in an area with a significant rental housing presence with a strong concentration of apartment and condominium housing. Approximately 71% of residents hold a bachelor's degree or higher, while about 8% have a college credential. Public transit is commonly used by local commuters, alongside driving.



Commute Information

Toronto Subway St. Patrick Subway Station: 0.1km (~3 mins walk)
GTA Go Train Union Go Train Station (1.2km)

Active listings

Unit Beds Baths Parkings Space(Sqf) Price($)
1904 2 2 1 800-899 758,000
2907 1+1 1 0 500-599 499,000
2403 1 1 0 500-599 465,000
803 1 1 0 500-599 439,000
1406 1 1 0 0-499 498,000
401 1+1 1 0 600-699 468,000


Location



Building's Remark

Other Information

If you plan to buy or sell a condo or want to learn more about real estate investment opportunities in Toronto, please contact Toronto real estate agent Alan Zheng at 647-877-9311.

Looking beyond Downtown? Explore current market updates and properties with our dedicated Richmond Hill real estate, Markham real estate, and Vaughan real estate guides.



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