25 Lower Simcoe St 1206
Waterfront Communities C1, Downtown Toronto, M5J 3A1
FOR SALE
$499,000
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BEDROOMS1
BATHROOMS1
KITCHENS3
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Property Description
Location, Location , Location! Open Concept One Bedroom (555 Sq Ft.) With Walk Out Balcony & Garden View. Kitchen With Granite Counter. S/S Appliances. Laminate Floor Throughout. Direct Path Access To Union Station. Acc, Up Express, CN Tower, Financial District, Ttc. Walk Over To Meet Friends At Scotiabank Arena To Catch A Raptors or Leaf Game. Steps To Amazing Amenities.
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Extras
All Stainless Steel Appliances, ALL Elf's, All Window Coverings.
Nearby Intersections
Queens Quay & York (123)
York & Bremner (146)
Property Features
Library, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,300 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
25 Lower Simcoe St 1206 is a 1-bedroom 1-bathroom condo listed for sale at $499,000, which is $63,863 (11.3%) lower than the average sold price of $562,863 in the last 30 days (November 17 - December 16). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $6,430 (1.1%) compared to the previous 30 day period (October 18 - November 16) and down $22,163 (3.8%) from the same time one year ago.Inventory Change
There were 886 1-bedroom condos listed in Downtown Toronto over the last 30 days (November 17 - December 16), which is down 31.7% compared with the previous 30 day period (October 18 - November 16) and up 19.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,552) (2.2%) below asking price over the last 30 days (November 17 - December 16), which represents a $1,650 decrease compared to the previous 30 day period (October 18 - November 16) and ($14,925) 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 17 - December 16) stood at 51.2%, up from 47.2% over the previous 30 days (October 18 - November 16) and down from 54.9% 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 (November 17 - December 16), compared to 65 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 People`S Choice Realty Inc.
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