25 Lower Simcoe St 1608
Waterfront Communities C1, Downtown Toronto, M5J 3A1
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Property Description
Located In The Heart Of Downtown Toronto's Entertainment District. This Premium One Of A Kind 2 Bedroom Corner Unit Features Un-Obstructed Forever West Views Of Cn Tower And South Lake Views. Rare Unit Includes Large Terrace And Balcony. Only One Of 2 Units With A Kitchen Island. Tons Of Amenities, All Are A Must See + Bbq Terrace, Easy Highway Access, Path Connected, Union Station, Groceries + Much More. Buyers Agent To Verify All Measurements And Sizes.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-12-15 | 2022-12-15 | 0 | $799,000 | $815,000 | Sold |
| 2021-02-01 | 2021-02-11 | 10 | $2,400 | $2,400 | Leased |
| 2020-01-21 | 2020-02-11 | 21 | $2,750 | $2,850 | Leased |
| 2019-01-21 | 2019-02-01 | 11 | $2,900 | $2,900 | Leased |
Extras
Ss Appliances, Parking, Locker, W/D. Aaa Long-Term Tenant Occupied On Month To Month Basis. Willing To Vacate Or Stay.
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,627 (2018)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 9.51' x 17.88' | W/O To Terrace, Hardwood Floor, Combined W/Dining |
| Dining | Main | 9.51' x 17.88' | Open Concept, Hardwood Floor, Combined W/Living |
| Master | Main | 11.98' x 9.84' | W/O To Balcony, Hardwood Floor, Large Closet |
| 2nd Br | Main | 9.38' x 11.88' | W/O To Balcony, Hardwood Floor |
| Kitchen | Main | 8.79' x 12.80' | Open Concept, Centre Island, Stainless Steel Appl |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
25 Lower Simcoe St 1608 is a 2-bedroom 1-bathroom condo listed for sale at $759,000, which is $45,600 (5.7%) lower than the average sold price of $804,600 in the last 30 days (March 26 - April 24). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $16,555 (2.1%) compared to the previous 30 day period (February 25 - March 25) and up $8,624 (1.1%) from the same time one year ago.Inventory Change
There were 1,466 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 26 - April 24), which is up 21.0% compared with the previous 30 day period (February 25 - March 25) and up 36.6% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($9,449) (1.2%) below asking price over the last 30 days (March 26 - April 24), which represents a $2,479 increase compared to the previous 30 day period (February 25 - March 25) and ($7,124) 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 (March 26 - April 24) stood at 48.0%, up from 45.6% over the previous 30 days (February 25 - March 25) and down from 63.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Downtown Toronto stood at 24 days when successfully sold over the last 30 days (March 26 - April 24), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Your Community Realty, Brokerage
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