25 Lower Simcoe St 318
Waterfront Communities C1, Downtown Toronto, M5J 3A1
FOR SALE
$909,000
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS5 + 1
ROOMSC10408545
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Property Description
Welcome to 25 Lower Simcoe St. This highly desirable 2 Bedroom + Separate Den, 2 Bathroom corner unit boasts 9 foot ceilings & windows in every room, flooding the unit with natural light & affording west views of Roundhouse Park & the CN Tower. Impeccably maintained, this unit has been owner occupied since it was built. The open concept Living/Dining room is equipped with a walk-out to an expansive balcony, perfect for enjoying evening sunsets and eye-level park views. The modern Kitchen is complete with stainless steel appliances and quartz counters. A large primary Bedroom overlooking the park features a 4 pc ensuite bathroom & walk-in closet. The Second Bedroom easily fits a queen size bed. The coveted enclosed den, which can be used as an office, nursery or for additional living space, rounds off this wonderful unit that checks all the boxes! The exceptionally well-maintained building is conveniently located, with steps to the waterfront, restaurants, groceries, and a short walk to Union Station and the Financial District. The building's PATH connection gives you direct indoor access to everything downtown has to offer. Take advantage of the single back elevator on the third floor to easily access the PATH system. The locker is an oversized single room combined with the parking spot which are are both situated close to the elevators! Please view photos in the gallery!
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Nearby Intersections
Queens Quay & York (139)
York & Bremner (164)
Property Features
Clear View, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,569 (2024)
Basement
None
Exterior
Concrete, Metal/Side
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P2)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Flat | 9.97' x 19.00' | Open Concept, W/O To Balcony, Window Flr to Ceil |
Dining | Flat | 9.97' x 19.00' | Open Concept, Combined W/Living, Laminate |
Kitchen | Flat | 7.09' x 7.97' | Stainless Steel Appl, Quartz Counter, Window Flr to Ceil |
Den | Flat | 7.68' x 8.99' | W/O To Balcony, Large Window, Laminate |
Prim Bdrm | Flat | 9.97' x 13.29' | W/I Closet, 4 Pc Ensuite, W/O To Balcony |
2nd Br | Flat | 10.70' x 8.07' | Large Window, Closet, Laminate |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
25 Lower Simcoe St 318 is a 2-bedroom 2-bathroom condo listed for sale at $909,000, which is $147,182 (19.3%) higher than the average sold price of $761,818 in the last 30 days (October 23 - November 21). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $8,930 (1.2%) compared to the previous 30 day period (September 23 - October 22) and down $40,295 (5.0%) from the same time one year ago.Inventory Change
There were 1,156 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 23 - November 21), which is down 10.5% compared with the previous 30 day period (September 23 - October 22) and down 2.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($19,958) (2.6%) below asking price over the last 30 days (October 23 - November 21), which represents a $739 decrease compared to the previous 30 day period (September 23 - October 22) and ($20,294) more 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 (October 23 - November 21) stood at 51.0%, up from 38.7% over the previous 30 days (September 23 - October 22) and up from 36.0% 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 (October 23 - November 21), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Plus City Team Inc.
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