280 Simcoe St 308

FOR SALE
$748,000
280 Simcoe St 308, Downtown Toronto
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
280 Simcoe St 308
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1 + 1
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C10409649
MLSID
Contact Us
Property Description
Welcome to One Park Lane, a fantastic location at University and Dundas! This spacious 1,075 sq.ft. unit offers incredible value for under $700 psf, featuring a large 1 bedroom + den layout with 2 baths and parking. Enjoy a serene treetop view with complete privacy, all with all-inclusive low maintenance fees including bell internet and cable! One owner for the past 34 years! Inside, you'll find hardwood and laminate floors throughout , a galley kitchen with vinyl floors ample counter space and an open-concept living room with a separate dining area. The primary bedroom is spacious enough for a king size bed and includes a 4-piece ensuite bathroom. A solarium dining area can easily convert into a second bedroom. The building offers outstanding amenities, including an indoor pool, sauna, gym, billiards room, rooftop barbecue and lounge, 24-hour concierge, and visitor parking. Just minutes walk to St. Patrick subway station, nearby hospitals, University of Toronto, Eaton Centre, and more.
Extras
Fridge, dishwasher, microwave, stainless steel stove and range hood, stacked washer and dryer, all existing lighting fixtures and window coverings.
Nearby Intersections
Property Features
Hospital, Library, Park, Place Of Worship, Public Transit, School
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1000-1199
Taxes
$3,265 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Owned (P267)
Garage Type
Underground
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
280 Simcoe St 308 is a 1-bedroom 2-bathroom condo listed for sale at $748,000, which is $178,617 (31.4%) higher than the average sold price of $569,383 in the last 30 days (October 24 - November 22). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $96 (0.0%) compared to the previous 30 day period (September 24 - October 23) and down $20,298 (3.4%) from the same time one year ago.
Inventory Change
There were 1,158 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 24 - November 22), which is down 11.4% compared with the previous 30 day period (September 24 - October 23) and down 6.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,925) (1.7%) below asking price over the last 30 days (October 24 - November 22), which represents a $2,659 increase compared to the previous 30 day period (September 24 - October 23) and ($13,687) 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 1-bedroom condos in Downtown Toronto over the last 30 days (October 24 - November 22) stood at 50.5%, up from 43.6% over the previous 30 days (September 24 - October 23) and up from 36.2% 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 32 days when successfully sold over the last 30 days (October 24 - November 22), compared to 66 days before being removed from the market upon being suspended or terminated.
Listing contracted with Living Realty Inc.
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