71 Simcoe St 1002
Bay Street Corridor, Downtown Toronto, M5J 2S9
FOR SALE
$699,999
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1
BEDROOMS2
BATHROOMS1
KITCHENS4
ROOMSC8140412
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Property Description
Great location at King & University, walk score 100, across from Roy Thompson Hall- 'Symphony Place'. A solid classic boutique building, steps from St Andrew Station, A very quite & peaceful spacious one bed + den (only 5 units in the same level), offering fantastic value in this desirable Entertainment District,. 4 pieces ensuite bathroom with jacuzzi, plus a powder room for your guests. A custom kitchen boasting ample storage and a pass through window for your cocktail and dishes. Exclusive car parking spot next with an oversized private locker room.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-08-10 | 2022-08-17 | 9 | $3,200 | $3,200 | Leased |
| 2020-10-08 | 2021-01-11 | 95 | $699,000 | $668,000 | Sold |
Extras
Huge Private Locker Room Next To Parking. S/S Appl, Window Coverings, ELF's, B/I Closet Organizers. Maintenance Fee Includes Utilities (Not Realty Tax/Cable). AA+ Concierge, Visitor Parking.
Nearby Intersections
Property Features
Arts Centre, Electric Car Charger, Hospital, Lake/Pond, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$3,085 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Exclusive (D9)
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
71 Simcoe St 1002 is a 1-bedroom 2-bathroom condo listed for sale at $699,999, which is $96,455 (16.0%) higher than the average sold price of $603,544 in the last 30 days (March 27 - April 25). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $5,791 (1.0%) compared to the previous 30 day period (February 26 - March 26) and down $19,907 (3.2%) from the same time one year ago.Inventory Change
There were 1,670 1-bedroom condos listed in Downtown Toronto over the last 30 days (March 27 - April 25), which is up 18.7% compared with the previous 30 day period (February 26 - March 26) and up 54.8% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,027) (1.3%) below asking price over the last 30 days (March 27 - April 25), which represents a $2,604 increase compared to the previous 30 day period (February 26 - March 26) and ($2,987) 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 (March 27 - April 25) stood at 40.7%, down from 45.8% over the previous 30 days (February 26 - March 26) and down from 74.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Downtown Toronto stood at 26 days when successfully sold over the last 30 days (March 27 - April 25), compared to 46 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife Landmark Realty Inc.
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