238 Simcoe St 2411
Kensington-Chinatown, Downtown Toronto, M5T 0E2
FOR SALE
$569,900
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BEDROOMS1
BATHROOMS1
KITCHENS4
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Property Description
Brand new never lived in 1 Bedroom, 1 Washroom Condo in one of the the most sought after locations available on Assignment! Open concept Living and Dining area. Modern kitchen with High End Integrated appliances,. Floor to ceiling windows. Large north facing balcony. Perfect Walk and Transit Score of 100, Bike Score of 98! 3 minute walk to St. Patrick Station, 13 minute walk to University of Toronto, 4 minute walk to OCAD, within 10 minute walk to hospitals on University Ave. Artists' Alley is a new landmark with a new proposed park and three towers. Streetcars, Subways, Union-Pearson Express, Billy Bishop Island Airport, Hospitals, Universities And Theatres are at your doorstep. Walk To U of T, OCAD, TMU and PATH system.
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Property Features
Arts Centre, Hospital, Library, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Basement
None
Exterior
Concrete, Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Other
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
238 Simcoe St 2411 is a 1-bedroom 1-bathroom condo listed for sale at $569,900, which is $773 (0.1%) higher than the average sold price of $569,127 in the last 30 days (November 3 - December 2). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $1,248 (0.2%) compared to the previous 30 day period (October 4 - November 2) and down $19,913 (3.4%) from the same time one year ago.Inventory Change
There were 1,076 1-bedroom condos listed in Downtown Toronto over the last 30 days (November 3 - December 2), which is down 14.5% compared with the previous 30 day period (October 4 - November 2) and down 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,738) (1.9%) below asking price over the last 30 days (November 3 - December 2), which represents a $2,018 increase compared to the previous 30 day period (October 4 - November 2) and ($15,559) 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 (November 3 - December 2) stood at 54.0%, up from 46.0% over the previous 30 days (October 4 - November 2) and up from 35.6% 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 30 days when successfully sold over the last 30 days (November 3 - December 2), compared to 70 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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