71 Simcoe St 1504
University, Downtown Toronto, M5J 1W9
FOR SALE
$949,000
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BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSC11914487
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Property Description
*Symphony Place* Great Building In The Heart Of The Financial & Theatre Districts. Steps To King And Bay, Ttc, The Path, Gardiner And Union Station. Across From The Ritz Carlton & Roy Thompson Hall. 1 Parking & 1 Locker Included. Walk score 100.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-05 | 2024-12-31 | 117 | $999,000 | - | Expired |
| 2024-10-16 | 2024-12-08 | 53 | $3,580 | - | Terminated |
| 2024-09-05 | 2024-10-17 | 42 | $3,680 | - | Terminated |
Nearby Intersections
Property Features
Arts Centre, Hospital, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$3,402 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Other
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 13.94' x 17.39' | Combined W/Dining, Window |
| Dining | Flat | 10.66' x 17.39' | Combined W/Living, Hardwood Floor |
| Kitchen | Flat | 8.53' x 13.45' | Ceramic Floor, Window |
| Prim Bdrm | Flat | 10.50' x 14.76' | Hardwood Floor, 4 Pc Ensuite, Closet |
| 2nd Br | Flat | 9.02' x 11.94' | Hardwood Floor, 4 Pc Ensuite |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
71 Simcoe St 1504 is a 2-bedroom 2-bathroom condo listed for sale at $949,000, which is $192,399 (25.4%) 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 Century 21 Leading Edge Realty Inc.
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