238 Simcoe St 2006
Kensington-Chinatown, Downtown Toronto, M5T 1T4
FOR SALE
$598,000
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Property Description
Urban Luxury Artist Alley Condos in the central of Toronto! This Spacious Brand New, Never Lived well designed 1 Bedroom 1 Bath layout, bright and facing south, Modern kitchen with High End Integrated appliances, floor-to-ceiling windows, laminate floor thru out, Open Balcony, Step to OCAD University, U of T, five major hospitals, Enjoy Proximity to Iconic Landmarks Such as the Art Gallery of Ontario, CN Tower, and Rogers Centre, Eaton Centre, China-Town, Kensington Market, Nearby Restaurants, Cafes, and Bars, Park. With Convenient Access to Public Transportation, St. Patrick Subway Station, close to Gardiner Expressway, the City Is Yours to Discover from This Central Location!
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Extras
B/I Appliances: Oven, Microwave, Stove, Fridge, Dishwasher. Washer/Dryer
Property Features
Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Fan Coil
Heat Source
Electric
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
238 Simcoe St 2006 is a 1-bedroom 1-bathroom condo listed for sale at $598,000, which is $31,436 (5.5%) higher than the average sold price of $566,564 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $3,726 (0.7%) compared to the previous 30 day period (November 18 - December 17) and down $17,146 (2.9%) from the same time one year ago.Inventory Change
There were 857 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is down 4.7% compared with the previous 30 day period (November 18 - December 17) and up 43.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($13,272) (2.3%) below asking price over the last 30 days (December 18 - January 16), which represents a $449 decrease compared to the previous 30 day period (November 18 - December 17) and ($15,475) 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 1-bedroom condos in Downtown Toronto over the last 30 days (December 18 - January 16) stood at 40.5%, down from 54.1% over the previous 30 days (November 18 - December 17) and down from 57.2% 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 42 days when successfully sold over the last 30 days (December 18 - January 16), compared to 82 days before being removed from the market upon being suspended or terminated.Listing contracted with Bay Street Group Inc.
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