Sold
$1,015,000
2bed|2bath|1200-1399sqft
1 parking|1 locker
Unit 2201
71 Simcoe Street 2201, Toronto C01, ON M5J 2S9
Residential Condo & Other|$1453 fees|$3891 tax
MLS #C12131938
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Unit 1504 at Symphony Place Condos
For Sale71 Simcoe Street 1504, Toronto C01, ON M5J 1W9
MLS #C12015490
$918,000
Listed Price
About This Property
*Symphony Place* Great Building In The Heart Of The Financial & Theatre Districts. This spacious 2 bedroom suite with two full bathrooms spans 1320 sq ft. Steps To King And Bay, Subway, Ttc, The Path, Gardiner And Union Station. Across From The Ritz Carlton & Roy Thompson Hall. Close to U of T, George Brown, and Ryerson. Walk to top restaurants, the CN Tower, Rogers Centre, Ripleys Aquarium etc. All utilities are included. Walk score 100. The Price less than $700.00/sq ft is much lower than the average price in this area.
Investment Analysis
$3,934
Est. Monthly Rent
Based on $3/sqft
5.14%
Gross Yield
Before expenses
2.82%
Net Yield
After expenses
19.4
Years to Recover
Via rental income
Gross Yield: Annual rent ÷ purchase price (before expenses). Net Yield: After deducting maintenance ($1496/mo) and property tax ($3,402/yr). Does not include insurance, vacancy, or repairs.
Price Per Square Foot Comparison
This Unit
$695/sqftSymphony Place Condos
$740/sqft-6.1%
University
$777/sqft-10.6%
Toronto C01
$883/sqft
Building PSF Range
$669$781
Below Market Value
This unit is priced 6.1% below the building average of $740/sqft. With a 2.82% net yield after expenses, this could be a strong investment opportunity.
Analysis based on 3 sales and 9 leases in this building. Unit size estimated at 1320 sqft.
Property Details
Bedrooms
2
Bathrooms
2
Square Feet
1,320 sqft
Property Type
Residential Condo & Other
ParkingYes
Parking TypeUnderground
LockerYes
Heating TypeForced Air
StyleApartment
Ensuite LaundryYes
Corp #TSCC-945
MLS Size0-499
Listed OnMar 11, 2025
Maintenance Fees$1,496/month
Property Tax$3,402/year
Rooms
| Name | Size (m) | Size (ft) | Features |
|---|---|---|---|
| Living Room(Flat) | 5.3 x 4.25 | 17.4 x 13.9 | - |
| Dining Room(Flat) | 5.3 x 3.25 | 17.4 x 10.7 | - |
| Kitchen(Flat) | 4.1 x 2.6 | 13.5 x 8.5 | - |
| Primary Bedroom(Flat) | 4.5 x 3.2 | 14.8 x 10.5 | - |
| Bedroom 2(Flat) | 3.64 x 2.75 | 11.9 x 9.0 | - |
Unit 1504 History
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5 More Transactions Available
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Similar Sold Units in This Building
Sold
$569,000
2bed|1bath|800-899sqft
1 parking|0 locker
Unit 1005
71 Simcoe Street 1005, Toronto C01, ON M5J 2S9
Residential Condo & Other|$1011 fees|$2840 tax
MLS #C12177109
View complete sale history and details
Sold
$905,000
2bed|1bath|1000-1199sqft
1 parking|1 locker
Unit 2104
71 Simcoe Street 2104, Toronto C01, ON M5J 2S9
Residential Condo & Other|$1249 fees|$3258 tax
MLS #C7392246
View complete sale history and details
Sold
$970,000
3bed|2bath|1200-1399sqft
1 parking|1 locker
Unit 904
71 Simcoe Street 904, Toronto C01, ON M5J 2S9
Residential Condo & Other|$1574 fees|$4199 tax
MLS #C11823593
View complete sale history and details
OQ
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OVAIS QASSIM
Broker of Record
PREMIER MATRIX REALTY LTD. BROKERAGE
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Building Information
Building NameSymphony Place Condos
Address71 Simcoe, Toronto C01
Parking TypeUnderground
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About Unit 1504 at Symphony Place Condos
Unit 1504 is a residential condo & other with 2 bedrooms, 2 bathrooms spanning approximately 0-499 square feet located at Symphony Place Condos, 71 Simcoe, Toronto C01. This unit is currently for sale at $918K.
About Symphony Place Condos
Symphony Place Condos is located at 71 Simcoe, Toronto C01. Explore more units for sale and rent in this building, view building amenities, transaction history, and market insights.
University Neighbourhood
This unit is located in University, part of Toronto C01 in the Toronto area. Explore more condos for sale and rent in this community.
Whether you're looking to buy, sell, or rent at Symphony Place Condos, our team of experienced real estate professionals can help you navigate the market and find the perfect unit to match your needs. Contact us today for a free consultation.
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