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    Toronto / Downtown / Grange Park

    709 - 280 Simcoe St

    For SaleOne Park Lane I Condos
    $1,099,000
    2 Beds
    2 Bath
    1 Parking
    1,515 SQFT
    13 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Townhouse
    Maintenance Fees:
    $1,172/mth
    Taxes:
    $4,442 (2024)
    Cost Per Sqft:
    $725/sqft
    Locker:
    Ensuite
    Outdoor Space:
    None
    Exposure:
    South East
    Possession Date:
    September 6, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Combined with Dining, Se View
    21.98 x 19.75ft
    Dining
    Laminate, Combined with Living, Open Concept
    21.98 x 19.75ft
    Kitchen
    Ceramic Floor, Combined with Br, Separate Room
    14.21 x 8.33ft

    About this Listing

    Absolutely Stunning! At 1515 Sq.Ft, This Beautiful Two Bedroom Condo Features New Laminate Floor Throughout, Huge Open Concept Living/Dining, Separate Kitchen With Breakfast Area And Stainless Steel Appliances. Generous Sized Bedrooms And Lots Of Storage. Amazing Location, Steps To Subway, Hospitals, U Of T, China Town, Financial District And Much.

    ExtrasAll Elfs, Blinds, Fridge, Stove, B/I Dishwasher, Washer, Dryer, One Parking (P2-215).

    khoulani real estate group inc.MLS® #C9305022

    Amenities

    Squash Court
    Indoor Pool
    Guest Suites
    Visitor Parking
    Party Room
    Rooftop Deck

    Explore Neighbourhood

    9/10
    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
    The bike lane starts to feel like a second home.

    Similar Listings

    Demographics

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

    Population
    9,011
    Average Individual Income
    $64,908
    Average Household Size
    3 persons
    Average Age
    41
    Average Household Income
    $107,712
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    30%
    35 - 49
    20%
    50 - 64
    18%
    65+
    15%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    25%
    $60,000+
    15%
    $90,000+
    10%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    44%
    Detached
    27%
    Semi Detached
    20%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    75%
    Mandarin
    12%
    Cantonese
    7%
    Tagalog
    2%
    Telugu
    1%
    Spanish
    1%
    Hindi
    1%
    Urdu
    1%
    Education
    University and Above
    42%
    High School
    22%
    College
    15%
    None
    13%
    Apprenticeship
    2%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    28%
    Architecture & Engineering
    18%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    9%
    Humanities
    5%
    Physical Sciences
    4%
    Education
    4%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    2%

    Price Trends

    Maintenance Fees

    One Park Lane I Condos vs The Grange Park Area

    Building Trends At One Park Lane I Condos

    Days on Strata

    Units at One Park Lane I Condos spend an average of
    81
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Grange Park

    Turnover of Units

    On average, each unit is owned for
    17.4
    YEARS before being sold again

    Property Value

    -18%
    Decrease in property value within the past twelve months

    Price Ranking

    8th
    Highest price per SQFT out of 14 condos in the Grange Park area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    10
    Units were Rented over the past twelve months

    Best Value Rank

    One Park Lane I Condos offers the
    ?
    best value out of 14 condos in the Grange Park neighbourhood

    Appreciation Rank

    One Park Lane I Condos has the
    ?
    highest ROI out of 14 condos in the Grange Park neighbourhood

    Rental Yield

    One Park Lane I Condos yields the
    ?
    highest rent prices out of 14 condos in the Grange Park neighbourhood

    High Demand

    One Park Lane I Condos is the
    ?
    most popular building out of 14 condos in the Grange Park neighbourhood

    Transaction Insights at 280 Simcoe Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$733,000 - $775,000No Data$1,050,000
    Avg. Cost Per SqftNo Data$678No Data$814
    Avg. Wait for Unit AvailabilityNo Data462 Days152 Days354 Days
    Ratio of Units in Building4%19%48%31%

    Transactions vs Inventory

    Total number of units listed and sold in Grange Park