280 Simcoe St 1109
Kensington-Chinatown, Downtown Toronto, M5T 2Y5
FOR SALE
$999,900

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BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSC11950131
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Property Description
Welcome to this corner apartment in the heart of the city, close to University Ave Hospitals, China Town and so much more. Freshly painted, Clean apartment. 2 large bedrooms. Open concept Living area with rare wood burning fireplace. 2 full bathrooms need some updating, but otherwise this apartment is huge with 1515 sqft. The functional kitchen includes all appliances, granite countertops, and a wonderful breakfast nook. Ensuite laundry. Large ensuite storage. This building is class in maintenance, cleanliness, and amenities. Underground parking #20. Book your showing today.
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Nearby Intersections
University & Dundas (41)
Property Features
Hospital, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1400-1599
Taxes
$4,442 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Exclusive
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 19.85' x 21.98' | Parquet Floor, Fireplace, Combined W/Dining |
Dining | Main | 19.85' x 21.98' | Parquet Floor, Open Concept, Combined W/Living |
Kitchen | Main | 8.20' x 13.94' | Ceramic Floor, Granite Counter, Combined W/Br |
Breakfast | Main | 8.20' x 13.94' | Ceramic Floor, Open Concept, Combined W/Kitchen |
Prim Bdrm | Main | 11.98' x 16.40' | Broadloom, 4 Pc Ensuite, Double Closet |
2nd Br | Main | 10.50' x 13.94' | Broadloom, 3 Pc Bath, Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
280 Simcoe St 1109 is a 2-bedroom 2-bathroom condo listed for sale at $999,900, which is $243,299 (32.2%) higher than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.Inventory Change
There were 1,180 2-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) 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 2-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Meadowtowne Realty
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