234 Simcoe St 720
Kensington-Chinatown, Downtown Toronto, M5T 1T4
FOR SALE
$624,999
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BEDROOMS1
BATHROOMS1
KITCHENS4
ROOMSC9510277
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Property Description
Welcome to Artist Alley Condo Located in the Heart of the city's artistic district. This never lived in condo offers a cozy 1 plus Den, Kitchen, Living and Dining combined with an enclosed balcony. Close to the University of Toronto, Hospitals, Public Transit and easy access to shopping centres. Great For First-Time Buyers or Investors!
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2024-08-13 | 2024-10-25 | 73 | $649,999 | - | Terminated |
Nearby Intersections
Queen & University (114)
University & Dundas (55)
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
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 |
---|---|---|---|
Prim Bdrm | Main | 10.56' x 9.74' | Closet |
Den | Main | 7.32' x 9.97' | Open Concept |
Living | Main | 20.64' x 9.97' | Balcony, Vinyl Floor |
Kitchen | Main | 20.64' x 9.97' | Combined W/Family, Stainless Steel Appl |
Dining | Main | 20.64' x 9.97' | Combined W/Dining, Open Concept |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
234 Simcoe St 720 is a 1-bedroom 1-bathroom condo listed for sale at $624,999, which is $58,095 (10.2%) higher 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 Royal Lepage Maximum Realty
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