280 Simcoe St 706A

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280 Simcoe St 706A, Downtown Toronto
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C3776018
MLSID
Contact Us
Property Description
Location! Location! Location! Luxurious Condo At Prestigious "One Park Lane" . In The Highest Finished Quality - Quartz, Travertine, New Floors, Kitchen & Baths. California Shutters, Cornice Mouldings, Extra Large Living With Open Concept. Steps To Subway & Major Hospitals, Close To Chinatown & U Of T. Deluxe Amenities. 24 Hour Concierge, Gym, Squash Court, Roof Top Patio W/Bbq & Salt Water Pool.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2021-04-28 2021-04-30 2 $999,000 $1,100,000 Sold
Extras
S/S Stove, Oven, Fridge, Dishwasher, Microwave, Washer And Dryer, All Window Coverings, Elf's,
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1400-1599
Taxes
$3,385 (2016)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Undergrnd
Room Summary
RoomLevelSizeFeatures
LivingFlat17.39' x 22.97'Open Concept, Large Window
DiningFlat9.51' x 9.84'Open Concept
KitchenFlat7.87' x 17.06'Stone Counter, Breakfast Bar, Stainless Steel Appl
FoyerFlat5.58' x 12.14'Marble Floor
MasterFlat11.48' x 24.28'W/I Closet, 4 Pc Ensuite, His/Hers Closets
2nd BrFlat10.01' x 16.99'Double Closet
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
280 Simcoe St 706A is a 2-bedroom 2-bathroom condo listed for sale at $898,000, which is $109,602 (13.9%) higher than the average sold price of $788,398 in the last 30 days (March 10 - April 8). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $585 (0.1%) compared to the previous 30 day period (February 9 - March 9) and up $4,212 (0.5%) from the same time one year ago.
Inventory Change
There were 1,151 2-bedroom condos listed in Downtown Toronto over the last 30 days (March 10 - April 8), which is down 1.5% compared with the previous 30 day period (February 9 - March 9) and up 22.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($9,337) (1.2%) below asking price over the last 30 days (March 10 - April 8), which represents a $3,548 increase compared to the previous 30 day period (February 9 - March 9) and ($8,736) 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 10 - April 8) stood at 60.4%, up from 43.8% over the previous 30 days (February 9 - March 9) and down from 64.8% 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 24 days when successfully sold over the last 30 days (March 10 - April 8), compared to 56 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife Landmark Realty Inc., Brokerage
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