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              For Sale 6 Days On Site

              #1402 280 Simcoe Street

              near W. University / S. Dundas
              $899,900 2+0bdr • 2ba • 1kit • 1400-1599sf
              Average Income
              $67,328
              Population Age
              48 y/old
              School Score
              7.75/10
              Price Index Change 1y
              +15.62%
              Price Index Change 3y
              +34.70%
              Rent Index Change 1y
              -0.83%
              Rent Index Change 3y
              +21.70%

              Condo Apt • Apartment #1402 • 13 Level

              #1402 280 Simcoe Street, University, Toronto
              • Rooms and Bathrooms 2+0 bedr, 2 bath
              • Kitchens 1
              • area 1400-1599
              • garage 1.0 Undergrnd
              • exposure Ne
              • age 31-50
              • locker None
              • possession

                30/90

              $899,900

              $3,950.01
              Tax yr: 2020

              $1,101.65/m

              CALCULATED NUMBERS:

              $3377.00

              calculator

              $3431

              3

              98 Walker's Paradise

              100 Rider's Paradise

              97 Biker's Paradise

              7.75/10

              Location Details
              • Toronto

              • Toronto

              • University

              • W. University / S. Dundas

              • M5T2Y5

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              RE/MAX UNIQUE INC., BROKERAGE

              Property Overview
              Downtown Luxury Condo. Newly Painted. Approx. 1,498 Sq. Ft., Northeast Corner Unit. High Floor, 2 Split Bedrooms. 2 Washrooms, A Lot Of Storage & Closet Space. Bright Move-In Condition. Well Maintained Building, Lots Of Amenities. Steps To Ocad, Hospitals, U Of T, Dental School, City Hall, China Town. 1 Min. Walk To Subway Station.
              Extras: Fridge, Stove, D/W, Washer/Dryer, All Elf's, Window Coverings, 24 Hr. Security, Pool, Exercise Room, Sauna, Roof Top Bbq, Ensuite Storage, Heat, Hydro, Cable Tv All Included.
              Property Features
              • Arts Centre
              • Hospital
              • Park
              • Place Of Worship
              • Public Transit
              • School
              • Brick
              • Bbqs Allowed
              • Concierge
              • Exercise Room
              • Indoor Pool
              • Rooftop Deck/Garden
              • Visitor Parking
              • Common Elements Included
              • Ensuite Laundry
              • Heat Included
              • Hydro Included
              • Building Insurance Included
              • Parking Included
              • Seller Property Info Statement
              • Water Included
              • Cable TV Included
              • CAC Included
              • Condo Taxes Included
              • Fireplace/Stove
              • Family Room
              Rooms details
              Foyer
              • Flat Level
              • Ceramic Floor
              • Closet
              • 3 Pc Bath
              Library
              • Flat Level
              • Laminate
              • Combined W/Dining
              • Size 5.71x5.96
              Dining
              • Flat Level
              • Laminate
              • Size 5.71x5.96
              Kitchen
              • Flat Level
              • Ceramic Floor
              • Breakfast Area
              • East View
              • Size 5.73x2.60
              Breakfast
              • Flat Level
              • Breakfast Area
              • Combined W/Kitchen
              • Size 5.73x2.60
              Master
              • Flat Level
              • W/I Closet
              • Ensuite Bath
              • North View
              • Size 4.75x3.44
              2nd Br
              • Flat Level
              • Double Closet
              • Laminate
              • East View
              • Size 4.95x3.02
              Basement
              • None
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              • Listing added to site: 2020-10-17 19:33:58
              • Last updated: 2020-10-22 00:18:24
              • Photos updated: 2020-10-21
              • Contract date: 2020-10-17
              • Input date: 2020-10-17
              • Expiry date: 2020-12-30
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              Listing Overview

              General:

              1402 280 Simcoe Street is a condo apt apartment, located in University of city of Toronto, Toronto region, near W. University / S. Dundas, and has been available for sale on CondosDirect since 2020-10-17. This unit is located at level 13 of the building and has North-East exposure of Simcoe St. Condo registry office is MTCC, corporation number 559.

              Lot Size and Living Area:

              1402 280 Simcoe Street has 6+0 rooms in total, including 2+0 bedroms, 2 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 1400-1599 square feet. 280 Simcoe Street building was built appriximately 31-50 years ago.
              1.0 parking space(s) are exclusive and located undergrnd at level P2 . This condo has an ensuite laundry.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:

              This condo is featuring Arts Centre, Hospital, Park, Place Of Worship, Public Transit, School at, or near the property.
              AIDA has also identified the following listing features: Modern/Renovated/Well Maintained.

              Price & Cost Overview

              General:

              1402 280 Simcoe Street condo apt is listed for $899,900. Property tax for year 2020 was $3,950. And the monthly maintenance fee was $1,102.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $3,377, and total expenses, including the mortgage, property tax and maintenance, fee around $3,798, assuming $899,900 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 1402 280 Simcoe Street, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              University, where 280 Simcoe Street is located, has $906,336 Home Price Index, and $2,636 Home Rent Index. Average household income at dissemination area of 280 Simcoe Street is $67,328, and average polulation age is 48 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,051,205, and average Home Rent Index $2,581.

              Similar Properties & Community Details:

              There are similar to 1402 280 Simcoe Street 2 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 280 Simcoe Street.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at University neighborhood in city of Toronto.

              Schools:

              There are at least 2 school(s) located near 280 Simcoe Street, or schools, which boundaries this address belongs to with an average School Score 7.75 out of 10. Here are more details about these schools:
              1. Orde Street Public School (Grades JK-07), Public, Intermediate, ranked as Excellent.
              2. Harbord Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Excellent.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 98, 100, and 97 accordingly, location of 280 Simcoe Street overall can be described as Walker's Paradise, Rider's Paradise, and Biker's Paradise.

              1402 280 Simcoe Street Listings History Powered by AIDA
              Kensington-chinatown, Toronto Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Toronto Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (105 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 5 to 6 properties like that to be sold in University during the next 30 days.
              Seasonal sales fluctuation is showing 33% inventory increase comparing to the average annual number, which is equvalent to 4.25 properties sold per month, and 13% increase comparing to the last six months.
              How soon can it be sold?
              This property has been on the market for 6 days, which is 23 days less than the recent sales average and can be considered as a relatively new listing that can be sold at any time if the price is right.
              Seasonal sales fluctuation is showing 25% D.O.M. increase comparing to the average annual number, which is equvalent to 23 D.O.M., and 16% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
              At what price can it be sold?
              Similar properties currently sell at 1.41% below its asking price in University.
              The selling to asking price ratio is growing in University.
              This property has not been on the market for long enough yet to guess if it can be sold above the asking price, but it can get sold in the nearest future if the price is right.
              1402 280 Simcoe Street Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Kensington-chinatown, Toronto, to the City of Toronto for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +15.62% comparig to the City of Toronto average of +6.3%

              Price Index 3y

              Price Index change was +34.70% comparig to the City of Toronto average of +6.945%

              Rent Index 1y

              Rent Index change was -0.83% comparig to the City of Toronto average of +1.46%

              Rent Index 3y

              Rent Index change was +34.70% comparig to the City of Toronto average of +6.945%

              Walkscore

              Walkscore 98 out of 100 means Walker's Paradise

              Transitscore

              Transitscore 100 out of 100 means Rider's Paradise

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 7.75 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

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              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

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              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

              $15,000 Cashback
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              Condo Fee

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              $ calculator

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              88

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