168 Simcoe St 517
Waterfront Communities C1, Downtown Toronto, M5H 4C9
FOR SALE
$559,000
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Property Description
Welcome to Tridel-Built "Qwest" at Prime Location at Queen & University! Enjoy short walk to Queen Street, CN Tower, Princess of Wales Theatre, Eaton Centre or any other hotspot the entertainment district has to offer. 1 Min Walk to TTC Osgoode Station! This affordable, spacious 653 sq ft's 1 Bedroom 1 Bathroom suite features functional and open-concept layouts, renovated kitchens with modern appliances and granite countertops, bedroom with spacious walk-in closet.24h security, amenities include: whirlpool, change rooms with sauna, billiard room, party room. rooftop terrace with BBQs, fitness centre.
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Nearby Intersections
Queen & University (114)
Property Features
Hospital, Library, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,289 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
168 Simcoe St 517 is a 1-bedroom 1-bathroom condo listed for sale at $559,000, which is $7,904 (1.4%) lower than the average sold price of $566,904 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $5,539 (1.0%) compared to the previous 30 day period (September 1 - September 30) and down $35,117 (5.8%) from the same time one year ago.Inventory Change
There were 1,279 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 22.4% compared with the previous 30 day period (September 1 - September 30) and down 12.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,643) (2.2%) below asking price over the last 30 days (October 1 - October 30), which represents a $2,087 decrease compared to the previous 30 day period (September 1 - September 30) and ($9,800) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (October 1 - October 30) stood at 45.2%, up from 27.7% over the previous 30 days (September 1 - September 30) and up from 30.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (October 1 - October 30), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Golden House Realty Inc.
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