234 Simcoe St 1232
University, Downtown Toronto, M5T 1T4
FOR SALE
$1,389,000
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Property Description
Discover urban living at its finest in the newly constructed Artist Alley Condos, nestled in the vibrant heart of downtown, mere steps from the celebrated Art Corridor. This prime location offers immediate access to an array of cultural venues including theaters, the opera, and a diverse entertainment scene. Revel in the convenience of being moments away from the scenic waterfront, efficient transit options, and a plethora of shopping and dining experiences.Crafted by the renowned Studio Munge, this condominium boasts exquisite design and attention to detail, featuring an array of splendid amenities. Residents can enjoy a state-of-the-art gym, a serene yoga room, and a luxurious rooftop lounge complete with a swimming pool and hot tub. The outdoor experience is enhanced by a beautifully landscaped deck, equipped with BBQ areas perfect for social gatherings.Positioned for optimal enjoyment, the condo offers breathtaking views of Southwest Park and the iconic CN Tower, framing the citys skyline. Embrace the art of downtown living at Artist Alley Condos, where every detail is a brushstroke of sophistication.
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Nearby Intersections
Queen & University (97)
University & Dundas (43)
Property Features
Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Exclusive
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 15.49' x 14.40' | Combined W/Dining, Combined W/Kitchen, W/O To Balcony |
| Br | Main | 8.99' x 10.60' | W/O To Balcony, 4 Pc Ensuite, Laminate |
| 2nd Br | Main | 8.99' x 8.53' | Laminate, Double Closet |
| 3rd Br | Main | 9.19' x 8.53' | Laminate, Double Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
234 Simcoe St 1232 is a 3-bedroom 2-bathroom condo listed for sale at $1,389,000, which is $467,509 (50.7%) higher than the average sold price of $921,491 in the last 30 days (March 30 - April 28). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto increased by $21,050 (2.3%) compared to the previous 30 day period (February 29 - March 29) and up $57,537 (6.7%) from the same time one year ago.Inventory Change
There were 246 3-bedroom condos listed in Downtown Toronto over the last 30 days (March 30 - April 28), which is up 10.8% compared with the previous 30 day period (February 29 - March 29) and up 43.0% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($6,819) (0.7%) below asking price over the last 30 days (March 30 - April 28), which represents a $5,408 decrease compared to the previous 30 day period (February 29 - March 29) and ($12,617) more 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 3-bedroom condos in Downtown Toronto over the last 30 days (March 30 - April 28) stood at 43.9%, up from 40.1% over the previous 30 days (February 29 - March 29) and down from 60.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom condo in Downtown Toronto stood at 27 days when successfully sold over the last 30 days (March 30 - April 28), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Vision Realty
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