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    Toronto / Downtown / City Center - Toronto

    705 - 71 Simcoe St

    For SaleSymphony Place
    $640,000
    Price Cut: $660,000
    1 Bed
    1 Bath
    1 Parking
    840 SQFT
    168 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $920/mth
    Taxes:
    $2,890 (2024)
    Cost Per Sqft:
    $762/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    East
    Possession Date:
    July 3, 2024
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Electric
    Heating
    Forced Air

    Room Dimensions

    Room dimensions are not available for this listing.

    About this Listing

    Wow! Huge Functional One Plus Den Layout In The Heart Of Downtown Toronto! Live Downtown Without Having To Compromise Valuable Space. Approx 840 Sq Ft Of Living Space And Priced At Only ~$785/Sf In Prime Location. This Will Not Last! Rarely Offered Unit In Well Maintained Building. Steps To St. Andrew Ttc, Financial District, Entertainment District, Shops, Restaurants, And So Much More!

    ExtrasFurnitures are negotiable!

    right at home realtyMLS® #C8339436

    Amenities

    Indoor Parking
    Bike Storage
    Concierge
    Gym Room
    Party Room
    Rec Room

    Explore Neighbourhood

    10/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    46,209
    Average Individual Income
    $71,441
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $121,921
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    15%
    15 - 19
    1%
    20 - 34
    22%
    35 - 49
    19%
    50 - 64
    21%
    65+
    18%
    Household Income
    $0 - $30,000
    47%
    $30,000+
    23%
    $60,000+
    14%
    $90,000+
    8%
    $125,000+
    5%
    Housing Types & Tenancy
    Detached
    49%
    High Rise Apartment
    22%
    Semi Detached
    14%
    Low Rise Apartment
    8%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    65%
    Other
    14%
    Mandarin
    10%
    Cantonese
    8%
    Spanish
    1%
    Tagalog
    1%
    Tamil
    1%
    Education
    University and Above
    34%
    High School
    25%
    College
    16%
    None
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    24%
    Architecture & Engineering
    21%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    5%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Symphony Place vs The City Center - Toronto Area

    Building Trends At Symphony Place

    Days on Strata

    Units at Symphony Place spend an average of
    10
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire list price

    Offer Competition

    Condos in this building have a
    HIGH
    chance of receiving
    Multiple Offers
    compared to other buildings in City Center - Toronto

    Turnover of Units

    On average, each unit is owned for
    9.7
    YEARS before being sold again

    Property Value

    16%
    Increase in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 9 condos in the City Center - Toronto area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    5
    Units were Rented over the past twelve months

    Best Value Rank

    Symphony Place offers the
    ?
    best value out of 9 condos in the City Center - Toronto neighbourhood

    Appreciation Rank

    Symphony Place has the
    ?
    highest ROI out of 9 condos in the City Center - Toronto neighbourhood

    Rental Yield

    Symphony Place yields the
    ?
    highest rent prices out of 9 condos in the City Center - Toronto neighbourhood

    High Demand

    Symphony Place is the
    ?
    most popular building out of 9 condos in the City Center - Toronto neighbourhood

    Transaction Insights at 71 Simcoe Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price RangeNo Data$905,000No DataNo DataNo DataNo Data
    Avg. Cost Per SqftNo Data$763No DataNo DataNo DataNo Data
    Avg. Wait for Unit Availability142 Days241 Days342 Days508 Days812 DaysNo Data
    Ratio of Units in Building19%31%30%18%3%2%

    Transactions vs Inventory

    Total number of units listed and sold in City Center - Toronto