509-297 College St
Kensington-Chinatown, Toronto, Ontario M5T 0C2
- Bedrooms
- 1+1
- Bathrooms
- 1
- Size
- 500–599sq ft
- Per sq ft
- $943at the range’s middle
- Tax a year
- $2,8622026 tax year
- Built
- 6-10
- Parking
- 0underground
- Days on market
- Members
The brief
About 509-297 College St
509-297 College St is a 1+1-bedroom, 1-bathroom condo in Kensington-Chinatown, Toronto, listed for sale at an asking price of $518,000 (MLS® C13650704).
Freshly Painted Spacious One Bedroom Plus Den Condo Suite In The College Condominium at Spadina By Tribute Communities. Highly functional layout with 9Ft Ceiling. Galley Kitchen With Quartz Countertop, Kitchen cabinetry with taller uppers, Breakfast Bar, Upgraded Backsplash & Built-In Appliances. Functional Den That Can Be Used As 2nd Bedroom/Study/Office. Close To Uoft, Public Transit, Bank, Kensington Market, Shops, Restaurants & Many More. Direct access to T&T Supermarket which is on 2nd floor of building. Great Building Amenities: 24Hr Concierge, Gym, Roof Terrace with outdoor BBQ area, Media Room, Games Room & Guest Suite.
Insights
Condition Score
Good71/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even53/100−$232/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 44 condos with 2 bedrooms for lease in Kensington-Chinatown right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,862 / 2026
- MLS® number
- C13650704
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 6-10
- Days on market
- Size
- 500-599 sqft
- Listed on
- Parking
- Underground, 0 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Community
- Kensington-Chinatown
- Municipality
- Toronto
Building
- Size
- 500-599 sqft
- Building Age
- 6-10
- Construction
- Concrete
Inside
- Bedrooms
- 1+1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Flat
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Additional Parking
- 0
- Total Parking
- 0
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Existing B/I Fridge, Glass Cooktop, B/I Microwave, B/I Oven, B/I Dishwasher, Front Load Washer And Dryer, Elfs, Window Covering, two Book Shelves in Den.
- Condo maint.
- $504
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Living | 2.76 × 6.6 m | Laminate, Combined W/Dining, Window | Flat |
| Dining | 2.76 × 6.6 m | Laminate, Combined W/Living, Open Concept | Flat |
| Kitchen | 0.0 × 0.0 m | Laminate, Modern Kitchen, Quartz Counter | Flat |
| Primary | 2.59 × 3.37 m | Laminate, Closet, W/O To Balcony | Flat |
| Den | 2.51 × 7.83 m | Laminate | Flat |
Listing history
Buy/sell history for 509-297 College St, Toronto, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $518,000 | N/A | Pc | C13650704 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $103,600
- Total mortgage amount
- $414,400
- Total interest payment
- $294,800
- Total purchase cost
- $812,800
- Mortgage payment
- $2,364/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
28%Monthly carrying cost
$3,107- Rent $2,875
- Shortfall $232
Rental income opens at $2,875, the median asking rent of 44 comparable homes for lease in Kensington-Chinatown. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $6,835
- Toronto municipal land transfer tax
- $6,835
- Total land transfer tax
- $13,670
- First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
- −$8,475
- Total for first-time buyers
- $5,195
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $400,000
- $2,250
- 2.0% from $400,000 to $518,000
- $2,360
- Ontario total
- $6,835
Toronto’s municipal tax uses the same brackets at this price, so it adds another $6,835.
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Heritage and ravine protection
- Not found on the Heritage Register
- Not in a mapped Heritage Conservation District
- Not in the mapped ravine protection area
What this means: None of these City records was found at this address. That does not rule out other approvals, such as a conservation authority permit, so check before you plan work.
City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.
Zoning
By-law
See Former City of Toronto By-Law No. 438-86What this means:the City’s 2013 zoning by-law does not cover this land, so the former municipality’s by-law still sets what may be built. Confirm the rules with the City before you plan.
City of Toronto zoning map, read at this address. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.
Permit history
21 building permits cleared at this address in the City’s file.
Garage Repair/ReconstructionPermit Issued
Waterproofing replacement, localized concrete repairs, and drain and drain pipe replacement within the parking garage and loading dock.
Issued September 2, 2026
Interior AlterationsInspection
MINOR INTERIOR ALTERATIONS TO AN AREA APPROXIMATELY 2 m2 IN AN EXISTING SINGLE DWELLING SUITE IN EXISTING CONDOMIMIUM BUILDING. (MAILING ADDRESS UNIT 610) (Unit is on the 4th floor & sometimes referred to as Unit 409)
Issued July 27, 2023
Interior AlterationsRevision Issued
Revision - layout, proposed mobile shopt withn existing T & T supermarket.Construct interior alterations to T&T Supermarket - Mobile Shop
Issued August 11, 2022
Building Permit Related(MS)Closed
HVAC - Construct interior alterations to T&T Supermarket - Mobile Shop
Issued April 12, 2022
Interior AlterationsClosed
Proposed kiosk "Bubble Tea" on ground floor of T&T Supermarket
Issued August 31, 2021
Building Permit Related(PS)Closed
Plumbing - Proposed kiosk "Bubble Tea" on ground floor of T&T Supermarket
Issued August 31, 2021
Interior AlterationsClosed
Revision 01 - Construct new cashier room complete with lighting, power and HVAC.[Interior alterations for a new supermarket - T & T Supermarket Store on main level]
Issued June 7, 2021
Sign Building Permit RelatedClosed
In conjunction with a multi-storey building on the premises, proposal to erect and display two illuminated wall signs, displaying static copy at the 1st floor on the north and west elevations.***T&T SUPERMARKET***
Issued June 4, 2021
City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.
Signals around this home
Changing nearby. 6 open development applications within 800 m of this home.
309 AUGUSTA AVEOfficial plan or zoning amendmentUnder Review
Proposed six storey hotel with restaurant components containing 2194sqm of non-residential gross floor area. No parking is proposed.
110 m away502 SPADINA AVESite planUnder Review
Proposed nine-storey mixed-use building with a residential gross floor area of 8,213 square metres, including 109 affordable rental units, and a non-residential gross floor area of 3,185 square metres.
160 m away508 SPADINA AVESite planUnder Review
Proposed nine-storey mixed-use building with a residential gross floor area of 8,213 square metres, including 109 affordable rental units, and a non-residential gross floor area of 3,185 square metres.
180 m away199 COLLEGE STSite planUnder Review
Related App 22 150580 STE 11 OZSite Plan application for proposal for a 31-storey mixed-use building containing 492 purpose-built rental units. The proposed non-residential gross floor area is 1,379 square metres, and the proposed residential gross floor area is 19,924 square metres.
520 m away197 COLLEGE STSite planUnder Review
Related App 22 150580 STE 11 OZSite Plan application for proposal for a 31-storey mixed-use building containing 492 purpose-built rental units. The proposed non-residential gross floor area is 1,379 square metres, and the proposed residential gross floor area is 19,924 square metres.
530 m away195 COLLEGE STSite planUnder Review
Related App 22 150580 STE 11 OZSite Plan application for proposal for a 31-storey mixed-use building containing 492 purpose-built rental units. The proposed non-residential gross floor area is 1,379 square metres, and the proposed residential gross floor area is 19,924 square metres.
530 m away
City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.
The market
Condos for sale in Kensington-Chinatown right now
- For sale now
- 83
- Median asking price
- $650K
- New in 7 days
- 11
- Price cuts
- 24%
Middle half: $519K to $862K
32 in 28 days
20 listings
This home is asking 20% below the median, lower than three quarters of them.
See all homes in Kensington-ChinatownAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Queen's Park Station | TTC subway: Line 1 Yonge-University | 900 m |
| St Patrick Station | TTC subway: Line 1 Yonge-University | 1.1 km |
| Spadina Station | TTC subway: Line 1 Yonge-University, Line 2 Bloor-Danforth | 1.1 km |
| Museum Station | TTC subway: Line 1 Yonge-University | 1.2 km |
| Union Station | TTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train | 2.2 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Lord Lansdowne Junior Public SchoolToronto DSB | Public · grades JK–6 · French Immersion | 200 m | 88%Grade 6 average |
| da Vinci SchoolToronto DSB | Public · grades JK–6 | 250 m | 67%Grade 3 average |
| St Francis of Assisi Catholic SchoolToronto CDSB | Catholic · grades JK–8 | 1.1 km | 80%Grade 6 average |
| École élémentaire Pierre-Elliott-TrudeauConseil scolaire Viamonde | French-language public · grades JK–6 | 1.2 km | 94%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Subway Academy IIToronto DSB | Public · grades 9–12 | 500 m | — |
| Heydon Park Secondary SchoolToronto DSB | Public · grades 9–12 | 600 m | 8%Grade 9 math |
| Loretto College SchoolToronto CDSB | Catholic · grades 9–12 | 1.1 km | 40%Grade 9 math |
| Collège français secondaireConseil scolaire Viamonde | French-language public · grades 9–12 | 2 km | 86%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Kensington-Chinatown are shown to signed-in members.