71 Simcoe St 1005
Waterfront Communities C1, Downtown Toronto, M5J 2S9
FOR SALE
$620,000
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BEDROOMS1
BATHROOMS1
KITCHENS5
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Property Description
Get in tune with luxury at Symphony Place! This boutique, New York style building has it all! 100/100 Walk & Transit Score! 1 Minute Walk To Subway & Underground Path Network. Stunning 1+1 bed unit with over 800 sq ft of space. Huge primary bedroom with ensuite bathroom and built in closet. The galley style kitchen features stainless steel appliances and plenty of counter space for budding chefs! There is also a good sized office with big windows that let in plenty of light. The living dining space is huge. Even the foyer is over sized and gives a feeling of space from the moment you step into this wonderful condo. An ensuite laundry adds further convenience. Maintenance fees include all utilities. Parking included! Steps from the Financial and Entertainment Districts, Union Station, Rogers Centre and Scotia Bank Area.
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Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$2,840 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level D Unit 19)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Prim Bdrm | Flat | 10.17' x 13.45' | 4 Pc Ensuite, Hardwood Floor, Closet |
| Den | Flat | 7.22' x 6.23' | Hardwood Floor, Large Window |
| Living | Flat | 14.11' x 17.72' | Hardwood Floor, Combined W/Dining, Large Window |
| Dining | Flat | 14.11' x 17.72' | Hardwood Floor, Combined W/Living, Large Window |
| Kitchen | Flat | 7.55' x 7.22' | Granite Counter, Stainless Steel Appl, Hardwood Floor |
| Foyer | Flat | 4.27' x 11.48' | Hardwood Floor, Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
71 Simcoe St 1005 is a 1-bedroom 1-bathroom condo listed for sale at $620,000, which is $62,890 (11.3%) higher than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 1-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Real Estate Services Ltd.
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