234 Simcoe St 1701
University, Downtown Toronto, M5T 1T4
FOR SALE
$599,900
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BEDROOMS1
BATHROOMS1
KITCHENS3
ROOMSC8260086
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Property Description
Brand New Luxury Studio Condo in the heart of Downtown Toronto. Open concept w/ top of the line upgrades. Spacious kitchen w/ s/s appliances. high quality Laminate flooring. 4 Pc washroom. Located at University and Dundas in the heart of downtown. Steps to theatre, opera and entertainment and moments to the waterfront, transit, shopping and dining.
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Extras
Assignment Sale
Nearby Intersections
Queen & University (96)
University & Dundas (46)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 9.71' x 14.40' | Laminate, Stainless Steel Appl |
| Living | Main | 8.53' x 17.06' | Laminate, Open Concept |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
234 Simcoe St 1701 is a 0-bedroom 1-bathroom condo listed for sale at $599,900, which is $176,522 (41.7%) higher than the average sold price of $423,378 in the last 30 days (April 3 - May 2). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $45,479 (9.7%) compared to the previous 30 day period (March 4 - April 2) and down $63,968 (13.1%) from the same time one year ago.Inventory Change
There were 91 0-bedroom condos listed in Downtown Toronto over the last 30 days (April 3 - May 2), which is up 12.3% compared with the previous 30 day period (March 4 - April 2) and up 18.2% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($5,495) (1.3%) below asking price over the last 30 days (April 3 - May 2), which represents a $4,710 decrease compared to the previous 30 day period (March 4 - April 2) and ($619) 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 0-bedroom condos in Downtown Toronto over the last 30 days (April 3 - May 2) stood at 36.3%, up from 34.6% over the previous 30 days (March 4 - April 2) and down from 39.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 27 days when successfully sold over the last 30 days (April 3 - May 2), compared to 56 days before being removed from the market upon being suspended or terminated.Listing contracted with Save Max Prestige Real Estate
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