71 Simcoe Street, Unit 1, Toronto, ON

$749,000
MLS#:C13622534
2 beds
2 baths
1200-1399 sqft
1.0 parking
Residential Condo & Other
71 Simcoe Street 2001, Toronto, ON M5J 2S9

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Bay Street Corridor. Expertly crafted featuring premium stone and concrete construction, this residence presents an exceptional opportunity offered at $749,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 1200-1399 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: None
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Welcome to Symphony Place - an exceptional opportunity in the heart of Toronto's Theatre District. Reintroduced at a compelling new price, this elegant south and west-facing corner suite delivers outstanding value for a residence of this scale and pedigree. Spanning approximately 1,230 sq ft, this sun-drenched home captures iconic city views over the Entertainment District, with direct sightlines overlooking Roy Thomson Hall, creating a truly dramatic urban backdrop. The living, dining, and glass-enclosed solarium spaces are seamlessly connected and finished with herringbone hardwood floors, high baseboards, and elegant cornice moulding, offering warmth and architectural character. The solarium-accessible from both the living room and primary bedroom-is ideal as a home office, reading lounge, or formal sitting area. The kitchen is self-contained with a passthrough to the dining area, supporting effortless entertaining, while the windowed dining space is accented by a ceiling medallion and decorative light fixture. A stacked washer and dryer are conveniently located just off the kitchen. The primary bedroom serves as a serene retreat, featuring new broadloom, a walk-in closet, and direct access to a spacious 5-piece ensuite complete with a jacuzzi tub, separate shower, and double vanity. A well-positioned 3-piece guest washroom adds comfort and functionality. Steps to the Theatre District, fine dining, transit, the PATH, and premier downtown amenities, this is refined urban living in one of Toronto's most dynamic cultural corridors.

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Property Summary

This condo apartment located at 71 Simcoe Street, Toronto is currently for sale and has been available on SousaSells for 7 days. This property is listed at $749,000 with an estimated mortgage of $2,493* per month. It has 2 beds, 2 bathrooms, and is 1200-1399 square feet. 71 Simcoe Street, Toronto is in the Bay Street Corridor neighborhood.

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* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Yes! Featuring 2 bedrooms and 2 bathrooms, this home offers ample space and comfort for growing families in Bay Street Corridor, Toronto.

Highly Recommended for Families
What We Love About This Home
  • 2 spacious bedroom layout offering versatile living space
  • 2 well-appointed bathrooms
  • 1200-1399 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Toronto.

Target Buyer Match

Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
1200-1399 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold Conditional
Listed Date7/30/2026
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionStone, Concrete
BasementNone
CountyToronto
Annual Tax$4,102.23

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeUnderground

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Arts Centre
  • Hospital
  • Library
  • Place Of Worship
  • Public Transit

Interior Features

  • None

Security Features

  • Concierge/Security
  • Security Guard
  • Smoke Detector

Community Features

None listed

Frequently Asked Questions about 71 Simcoe Street, Unit 1, Toronto, ON

Q.What is the asking price for 71 Simcoe Street, Unit 1, Toronto, ON ?

The current listing price for 71 Simcoe Street, Unit 1, Toronto, ON in Bay Street Corridor, Toronto is $749,000.

Q.How many bedrooms and bathrooms does this property have?

This property features 2 bedrooms and 2 bathrooms across approximately 1200-1399 sqft.

Q.What property type and architectural style is 71 Simcoe Street, Unit 1, Toronto, ON ?

71 Simcoe Street, Unit 1, Toronto, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 71 Simcoe Street, Unit 1, Toronto, ON offer?

Key property features include: Arts Centre, Hospital, Library, Place Of Worship, Public Transit.

Q.What interior features are included in this home?

Interior highlights include: None.

Q.What security features are installed at 71 Simcoe Street, Unit 1, Toronto, ON ?

Security features include: Concierge/Security, Security Guard, Smoke Detector.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (Underground).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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71 Simcoe Street, Unit 1, Toronto, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 71 Simcoe Street 2001, Toronto, ON M5J 2S9

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

Configure Loan Settings

Interest Rate4.00%
Down Payment$224,700 (30.0%)
* Minimum Canadian down payment required for this price is $49,900.
Amortization Period30 Years
Estimated Monthly Payment$2,493Based on a loan of $524,300 over 30 years.
Purchase Price$749,000
Loan Amount$524,300
Provincial Land Transfer Tax:$11,455
Toronto Municipal Land Transfer Tax:$11,455
Total Estimated Closing Taxes:$22,910

About Purchasing a Home in Toronto, ON

For a property listed at $749,000 in Toronto, the legal minimum down payment is $49,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $11,455 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,455 also applies, bringing the total estimated land transfer taxes to $22,910.

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Bay Street Corridor, Toronto Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Bay Street Corridor, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$922,098

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Best Schools in Bay Street Corridor, Toronto

Elementary Schools

Queen Victoria
PublicQueen's Park Crescent East, Toronto, Ontario, M7A 1A2
4.9
Whitney
PublicQueen's Park Crescent West, Toronto, Ontario, M5S 3M2
9.7
St Joseph
Public74 Wellesley Street West, Toronto, Ontario, M5S 1C4
4.9
Orde Street
Public18 Orde Street, Toronto, Ontario, M5T 1N7
6.2
Kane
Public56, Toronto, Ontario, M4Y 2T6
4.9

Secondary Schools

St. Joseph’s
Catholic74 Wellesley Street West, Toronto, Ontario, M5S 1C4
7.2
Collège Français
Public100 Carlton Street, Toronto, Ontario, M5B 1M3
9.0
Jarvis
Public495 Jarvis Street, Toronto, Ontario, M4Y 2G8
4.1

Bay Street Corridor, Toronto Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.