238 Simcoe St
Kensington-Chinatown, Downtown Toronto, M5T 1T4
FOR SALE
$639,000
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BEDROOMS1
BATHROOMS1
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Property Description
Brand New Never Lived In 1 Bed+Den in the Most Sought-After location in Downtown Toronto! 30th+ Floor with Unobstructed View. Functional Layout With No Space Wasted! LOCATION is Everything, and Artists Alley Nails it: Just a 3-Minute Walk to St. Patrick Station, 10-minute to the University of Toronto, and a Quick 10-Minute Stroll to Eaton Centre, Major Hospitals and the Financial District. Whether You are A Student, Professional, Investor, or Someone who loves the downtown lifestyle, this unit places you right in the heart of it all.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-12-18 | 2024-12-30 | 12 | $2,000 | - | Suspended |
| 2024-07-01 | 2024-09-04 | 65 | $2,250 | - | Terminated |
Property Features
Hospital, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Fan Coil
Heat Source
Electric
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 is a 1-bedroom 1-bathroom condo listed for sale at $639,000, which is $81,890 (14.7%) higher 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 T-One Group Realty Inc.,
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