280 Simcoe St 1402
Kensington-Chinatown, Downtown Toronto, M5T 2Y5
FOR SALE
$1,229,000
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BEDROOMS2
BATHROOMS1
KITCHENS8
ROOMSC8319998
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Property Description
This Bright, And Spacious Family-Sized, Newly-Renovated 2-Bed + Den, 2-Bath Suite Can Be Yours. Whether You're Getting Gourmet In The Chef's Kitchen, Lounging In The Grand Principal Rooms Next To The Wood Burning Fireplace, Or Rejuvenating In The Spa-Like Ensuite Bathrooms, The Well-Appointed, Modernist Details Always Impress. Premium Amenities Include: 24/7 Concierge: Indoor Pool; Sauna; Fitness Studio; Party Room; Meeting Room; Squash Court; Rooftop Terrace; Guest Parking; Lush Indoor And Outdoor Garden Spaces; Waterfall Koi Fish Pond. If It Still Needs To Be Said, This Is A Luxury Building. Situated In An Ultra-Prime Location, Surrounded By The Province's Premier Institutions, Where The Nation's Most Eminent Professionals Drive Our Nation Forward. If That's You, You're Going To Fall In Love With This Home And The Immediate Are With Its Boundless Entertainment, Dining, And Cultural Experiences.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2020-10-17 | 2020-12-18 | 62 | $899,900 | $925,000 | Sold |
| 2020-01-25 | 2020-11-30 | 310 | $3,800 | - | Expired |
| 2020-06-23 | 2020-10-17 | 116 | $999,000 | - | Terminated |
| 2019-08-20 | 2019-12-31 | 133 | $3,350 | - | Expired |
| 2019-05-31 | 2019-08-20 | 81 | $3,800 | - | Terminated |
Extras
You Can't Beat The Convenience And Value Of Every Utility + Internet + Cable Being Included In Your Condo Fee. Lobby And Hallways Have Very Recently Been Completely Remodeled. Get Your Agent On The Phone And Book Today!
Nearby Intersections
University & Dundas (48)
Property Features
Arts Centre, Hospital, Library, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1400-1599
Taxes
$4,138 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Fan Coil
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Main | 4.43' x 10.76' | Double Doors, Large Closet |
| Living | Main | 20.01' x 22.38' | Combined W/Dining, Fireplace |
| Dining | Main | 20.01' x 22.38' | Combined W/Living, Open Concept, Large Window |
| Kitchen | Main | 8.43' x 13.81' | Updated, Breakfast Area, Large Window |
| Prim Bdrm | Main | 11.58' x 16.04' | 4 Pc Ensuite, B/I Closet, Large Window |
| 2nd Br | Main | 10.43' x 16.93' | 3 Pc Bath, B/I Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
280 Simcoe St 1402 is a 2-bedroom 2-bathroom condo listed for sale at $1,229,000, which is $397,295 (47.8%) higher than the average sold price of $831,705 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $33,007 (4.1%) compared to the previous 30 day period (March 15 - April 13) and up $1,143 (0.1%) from the same time one year ago.Inventory Change
There were 1,810 2-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 69.5% compared with the previous 30 day period (March 15 - April 13) and up 53.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($13,848) (1.7%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,233 decrease compared to the previous 30 day period (March 15 - April 13) and ($5,131) 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 (April 14 - May 13) stood at 33.1%, down from 63.4% over the previous 30 days (March 15 - April 13) and down from 65.6% 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 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 47 days before being removed from the market upon being suspended or terminated.Listing contracted with Psr
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