71 Simcoe St E 1204
University, Downtown Toronto, M5J 2S9
FOR SALE
$925,000
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Property Description
Welcome to the luxurious Symphony Building in the heart of downtown Toronto's Entertainment District! This spacious condo offers stunning views of Roy Thomson Hall and TIFF. It features a large master bedroom with a walk-in closet and a 4-piece ensuite, plus a second bedroom with a 3-piece ensuite and ample closet space. You'll be steps away from St. Andrew Subway, streetcars, and close to U of T, George Brown, and Ryerson. Walk to top restaurants, the CN Tower, Rogers Centre, Ripleys Aquarium, and Union Stationeverything you need is right at your doorstep! Bonus: All utilities are included.Extras: Stainless steel fridge, stove, and dishwasher, laundry room with a stackable washer/dryer, and separate AC/heat controls. Enjoy building amenities like a party room, sauna, and 24-hour concierge service.
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Multi-Level
Approximate Sq.Ft.
1200-1399
Taxes
$4,127 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Other
Hydro Included
Yes
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
71 Simcoe St E 1204 is a 2-bedroom 2-bathroom condo listed for sale at $925,000, which is $168,399 (22.3%) 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 Exp Realty
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