238 Simcoe St 3506

FOR SALE
$550,000
238 Simcoe St 3506, Downtown Toronto
238 Simcoe St 3506
238 Simcoe St 3506
238 Simcoe St 3506
238 Simcoe St 3506
238 Simcoe St 3506
238 Simcoe St 3506
238 Simcoe St 3506
238 Simcoe St 3506
238 Simcoe St 3506
238 Simcoe St 3506
238 Simcoe St 3506
238 Simcoe St 3506
238 Simcoe St 3506
238 Simcoe St 3506
238 Simcoe St 3506
238 Simcoe St 3506
238 Simcoe St 3506
238 Simcoe St 3506
238 Simcoe St 3506
238 Simcoe St 3506
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C12007764
MLSID
Contact Us
Property Description
Experience modern urban living in this brand-new, never-lived-in 1-bed with den area, 1-bath High Floor unit at Artists' Alley! Located in one of downtown Toronto's most sought-after areas, offers unparalleled convenience. Just a 3-minute walk to St. Patrick Station, 13 minutes to UofT, and 4 minutes to OCAD, with hospitals, the Financial District, and the Eaton Centre all within walking distance. Amenities include a sophisticated lobby, 24-hour concierge, fitness and yoga center, party room, and outdoor lounge with BBQs. With a Walk Score of 100, Transit Score of 100, and Bike Score of 98, this is city living at its finest.
Nearby Intersections
Property Features
Park, Public Transit, School
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
None
Room Summary
RoomLevelSizeFeatures
LivingFlat9.58' x 12.99'Combined W/Dining, W/O To Balcony
BrFlat8.99' x 11.58'Closet, Window
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
238 Simcoe St 3506 is a 1-bedroom 1-bathroom condo listed for sale at $550,000, which is $7,110 (1.3%) lower than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.
Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% 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 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.
Listing contracted with Royal Lepage Real Estate Services Success Team
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