71 Simcoe St 1504
University, Downtown Toronto, M5J 1W9
FOR SALE
$999,000
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BEDROOMS2
BATHROOMS1
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Property Description
*Symphony Place* Great Building In The Heart Of The Financial & Theatre Districts. No extra fees to pay, inclusive of heat/hydro/water. Spacious And Very Bright Unit. Steps To King And Bay, TTC, The Path, Gardiner And Union Station. Across From The Ritz Carlton & Roy Thompson Hall. Walk score 100.
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Extras
Washer, Dryer, Microwave, Stove, Dishwasher, Fridge, All Elf's, Window Coverings.
Nearby Intersections
Property Features
Arts Centre, 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, Hardwood Floor, Window |
| Dining | Flat | 13.94' x 17.39' | Combined W/Living, Hardwood Floor, Window |
| Kitchen | Flat | 8.53' x 13.45' | Ceramic Floor, Granite Counter |
| Prim Bdrm | Flat | 10.50' x 14.76' | Hardwood Floor, 5 Pc Ensuite |
| 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 $999,000, which is $228,961 (29.7%) higher than the average sold price of $770,039 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $17,913 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $13,617 (1.7%) from the same time one year ago.Inventory Change
There were 1,378 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 16 - September 14), which is up 20.9% compared with the previous 30 day period (July 17 - August 15) and up 0.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,377) (2.1%) below asking price over the last 30 days (August 16 - September 14), which represents a $4,729 increase compared to the previous 30 day period (July 17 - August 15) and ($11,745) 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 (August 16 - September 14) stood at 30.8%, down from 41.8% over the previous 30 days (July 17 - August 15) and down from 33.0% 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 31 days when successfully sold over the last 30 days (August 16 - September 14), compared to 58 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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