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For SaleCondo Apt · ApartmentMLS® #C14168860 · TRREB MLS®

1004-71 Simcoe St, Toronto, Ontario

Bay Street Corridor, Toronto, Ontario M5J 2S9

Bedrooms
2
Bathrooms
2
Type
Condo Apt
Basement
None

$779,000

Estimated market value

About 1004-71 Simcoe St

1004-71 Simcoe St is a 2-bedroom, 2-bathroom condo in Bay Street Corridor, Toronto, listed for sale at an asking price of $779,000 (MLS® C14168860).

Experience Urban Luxury Living at Symphony Place. Discover a rare opportunity to live in one of one Toronto's premier luxury residences! This impeccably maintained building, with only 87 units, provides a sophisticated living experience in the heart of the Entertainment, Financial, and Fashion/Queen West districts. Across from Roy Thomson Hall & David Pecaut Square, with direct access to The Path and steps from the Royal Alexandra and Prince of Wales Theatres, this location is unparalleled. Dining, shopping, and transit options, including St. Andrew Subway Station, are all at your doorstep. The buildings amenities, renovated in 2022, include a business center, media/party room, gym and 24-hour concierge service. With a Walk Score of 100, every convenience is just steps away, making Symphony Place the ideal choice for those seeking luxury and convenience. This 2 bedrooms suite with two full bathrooms spans 1340 sqft. One parking and one huge locker. Large windows frame an unobstructed south west-facing view of Toronto Entertainment District. The expansive living and dining area is filled with natural light and cozy dining room . The primary bedroom is truly a retreat plush broadloom complete with a walk-in closet and a 5-piece ensuite featuring a whirlpool tub. The second bedroom includes a convenient 4-piece ensuite and ample closet space. The Living room and hallway feature modern solid wood flooring. The seller is considering selling the furniture in the whole unit, including tableware, but excluding all the paintings on the wall. The price is negotiable. No Pets ,No Airbnb Allowed for this building.

Insights

  • Condition Score

    Good
    71out of 100

    1 documented update signal

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall
    15out of 100

    −$2,521/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 114 condos with 2 bedrooms for lease in Bay Street Corridor right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

Key facts

Tax
$4,535 / 2026
MLS® number
C14168860
Board
TRREB MLS®
Property Type
Condo Apt
Days on market
Size
1200-1399 sqft
Listed on
Parking
1 Underground, 1 Parking
Listing brokerage: HOMELIFE NEW WORLD REALTY INC.Data source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Listing history

Buy/sell history for 1004-71 Simcoe St, Toronto, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$779,000N/AFor SaleC14168860

Members see the full history. Prices are hidden from signed-out visitors.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Michelle Lacroix for a full comparative market analysis.

Property details

Property

Property Type
Condo Apt
Style
Apartment
Community
Bay Street Corridor
Municipality
Toronto

Building

Size
1200-1399 sqft
Construction
Concrete

Inside

Bedrooms
2
Bathrooms
2
Bathroom Details
1 × 5pc Flat, 1 × 4pc Flat
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
1
Additional Parking
0
Total Parking
1

Utilities

Cooling
Central Air
Heating Type
Fan Coil

Additional

Fireplace
No
Den
No
Family room
No
Extras
All Existing Appliances: Fridge, Stove, Range Hood ,Microwave, B/I Dishwasher, Washer & Dryer(As Is). All Existing Light Fixtures, All Existing Window Coverings and Blinds. The seller is considering selling the furniture in the whole unit, including tableware, but excluding all the paintings on the wall.
Condo maint.
$1,639

Rooms

RoomSizeFeaturesLevel
Living3.81 × 3.81 mhardwood floor, Combined W/Dining, Large WindowFlat
Dining3.05 × 3.81 mhardwood floor, Combined W/Living, Large WindowFlat
Kitchen2.29 × 2.59 mCeramic Floor, Family Size Kitchen, Modern KitchenFlat
Breakfast2.44 × 2.59 mCeramic Floor, Combined W/Kitchen, Large WindowFlat
Primary3.36 × 3.97 mBroadloom, Closet, 5 Pc EnsuiteFlat
2nd Br3.05 × 3.66 mBroadloom, Closet, 4 Pc BathFlat
Foyer0.0 × 0.0 mMarble Floor, Closet, Formal RmFlat
Laundry0.0 × 0.0 mCeramic FloorFlat

Map and tour

Condos for sale in Bay Street Corridor right now

For sale now
182
Median asking price
$658K

Middle half: $525K to $922K

New in 7 days
16

66 in 28 days

Price cuts
20%

36 listings

This home is asking 18% above the median.

See all homes in Bay Street Corridor

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Signals around this home

Changing nearby

Changing nearby. 6 open development applications within 800 m of this home.

  • 53 SIMCOE STOfficial plan or zoning amendmentUnder Review

    Combined Official Plan Amendment (OPA) & Zoning By-law Amendment (ZBA) application for a proposal to amend By-law 1015-2022, the proposed 65-storey residential tower with ground floor retail. The proposal includes 54,010 sqaure metres of residential GFA, 206.3 square metres of retail GFA and 861 dwelling units.


    70 m away

  • 55 SIMCOE STOfficial plan or zoning amendmentUnder Review

    Combined Official Plan Amendment (OPA) & Zoning By-law Amendment (ZBA) application for a proposal to amend By-law 1015-2022, the proposed 65-storey residential tower with ground floor retail. The proposal includes 54,010 sqaure metres of residential GFA, 206.3 square metres of retail GFA and 861 dwelling units.


    80 m away

  • 145 WELLINGTON ST WSite planUnder Review

    Site Plan Control Application to facilitate a new mixed-use building comprised of a 13-storey podium, and a 52-storey residential tower above. Proposal includes 14,662 m² non-residential floor area and 472 new purpose-built rental units. Proposal also includes reconfiguration of portions of Wellington Street West adjacent to site.


    90 m away

  • 145 WELLINGTON ST WOfficial plan or zoning amendmentUnder Review

    Combined Official Plan Amendment (OPA) & Zoning By-law Amendment (ZBA) application for a proposal to amend By-law 1015-2022, the proposed 65-storey residential tower with ground floor retail. The proposal includes 54,010 sqaure metres of residential GFA, 206.3 square metres of retail GFA and 861 dwelling units.


    90 m away

  • 214-218 KING ST WPlan of subdivisionUnder Review

    Draft Plan of subdivison for 5 blocks.


    130 m away

  • 214-218 KING ST WOfficial plan or zoning amendmentOMB Appeal

    Proposal for an 80-storey mixed-use building containing 569 rental dwelling units (down from 588 in the initial application). The proposed building will have a non-residential gross floor area of 81,535 square metres (up from 75,002 square metres) and a residential gross floor area of 38,679 square metres (down from 41,862 square metres). The proposal conserves the three existing heritage buildings on site and proposes a publically accessible interior courtyard, including north-south mid-block connection.


    130 m away

City of Toronto Open Data — Development Applications and Building Permits (cleared permits since 2017). An application is a proposal: it may change, be refused or never be built. Contains information licensed under the Open Government Licence – Toronto.

Land transfer tax on this home

Ontario land transfer tax
$12,055
Toronto municipal land transfer tax
$12,055
Total land transfer tax
$24,110
First-time buyer rebates (Ontario up to $4,000 + Toronto up to $4,475)
−$8,475
Total for first-time buyers
$15,635
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $779,000
$7,580
Ontario total
$12,055

Toronto’s municipal tax uses the same brackets at this price, so it adds another $12,055.

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Heritage and ravine protection

  • On the Heritage Register — Part IV, by-law 495-81
  • Not in a mapped Heritage Conservation District
  • Not in the mapped ravine protection area

What this means: Changes outside the house, and tree removal, may need the City’s review on top of the usual permits. Ask the City before you plan work.

City of Toronto Heritage Register, Heritage Conservation Districts and the Ravine and Natural Feature Protection by-law, read at this address from the City’s maps. Contains information licensed under the Open Government Licence – Toronto.

Permit history

18 building permits cleared at this address in the City’s file.

  • Garage Repair/ReconstructionClosed

    Proposed localized concrete and waterproofing repairs to the suspended slabs

    Issued December 6, 2024

  • Building Permit Related(MS)Closed

    HVAC - To provide an interconnecting stair between units 2301 and 2401 and ancillary layout changes. modifications impact existing washroom and kitchen. Same property owner for 2301 and 2401

    Issued August 20, 2024

  • Interior AlterationsClosed

    To provide an interconnecting stair between units 2301 and 2401 and ancillary layout changes. modifications impact existing washroom and kitchen. Same property owner for 2301 and 2401

    Issued August 20, 2024

  • Building Permit Related(PS)Closed

    Plumbing - To provide an interconnecting stair between units 2301 and 2401 and ancillary layout changes. modifications impact existing washroom and kitchen. Same property owner for 2301 and 2401

    Issued August 20, 2024

  • Electromagnetic LocksClosed

    Proposal to add magnetic door lock on 4th floor amenity space

    Issued November 9, 2022

  • SprinklersClosed

    Proposal for an addition to the existing sprinkler system on the basement level and the 4th floor of an existing apartment building.

    Issued October 14, 2022

  • Other(BA)Closed

    Trench Drain Replacement

    Issued April 6, 2022

  • Building Permit Related(PS)Closed

    Plumbing - PROPOSED: Existing amenity spaces were demolished as part of previous application (# 21 119211 BLD 00 BA). Construction of new amenity spaces for existing residential building.

    Issued July 27, 2021

City of Toronto Open Data — cleared building permits, which begin in 2017. Contains information licensed under the Open Government Licence – Toronto.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
Ogden Junior Public SchoolToronto DSBPublic · grades JK–6850 m72%Grade 6 average
Bishop Macdonell Catholic SchoolToronto CDSBCatholic · grades JK–81.1 km84%Grade 6 average
Jean Lumb Public SchoolToronto DSBPublic · grades JK–81.1 km83%Grade 6 average
École élémentaire Gabrielle-RoyConseil scolaire ViamondeFrench-language public · grades JK–61.6 km96%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
St Michael's Choir (Sr) SchoolToronto CDSBCatholic · grades 9–121.1 km96%Grade 9 math
Heydon Park Secondary SchoolToronto DSBPublic · grades 9–121.2 km8%Grade 9 math
Subway Academy IIToronto DSBPublic · grades 9–121.3 km—
Collège français secondaireConseil scolaire ViamondeFrench-language public · grades 9–121.9 km86%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

Transit nearby

StationLinesDistance
St Andrew StationTTC subway: Line 1 Yonge-University100 m
Union StationTTC subway: Line 1 Yonge-UniversityGO Transit train: Barrie, Kitchener, Lakeshore East, Lakeshore West, Milton, Richmond Hill, StouffvilleUP Express train500 m
Osgoode StationTTC subway: Line 1 Yonge-University500 m
King StationTTC subway: Line 1 Yonge-University650 m
Queen StationTTC subway: Line 1 Yonge-University850 m

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: TTC schedule data (GTFS) from the Toronto Transit Commission under the Open Government Licence – Toronto; GO Transit and UP Express schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx, downloaded October 18, 2026. Contains information licensed under the Open Government Licence – Toronto. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx.

Zoning

Zone

CR 12.0 (c8.0; r11.7) SS1 (x2333)

By-law

569-2013

Municipality

Toronto
Commercial Residential zone (CR)
  1. 1 12.0

    Density: total floor area is capped at 12.0 times the lot area.

  2. 2 c8.0

    Commercial floor area is capped at 8.0 times the lot area.

  3. 3 r11.7

    Residential floor area is capped at 11.7 times the lot area.

  4. 4 x2333

    Site-specific exception 2333: this site has rules of its own, written in the by-law.

  5. 5 SS1

    Standards set 1: the setback, height and coverage rules the by-law applies to this zone.

  6. 6 Where this is written

    Chapter 40, section 40.10 of By-law 569-2013 · Exception 900.11.10(2333)

  7. 7 What that means in practice

    These are the zone’s rules, not permission for this lot. What can be built also depends on the exceptions, overlays and setbacks that apply here. Confirm with the City before you plan.

City of Toronto Zoning By-law 569-2013, read at this address from the City’s zoning map. Open the City’s zoning map. Contains information licensed under the Open Government Licence – Toronto.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

Mortgage Calculator

Plan with the current asking price

20% · $155,800

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$155,800
Total mortgage amount
$623,200
Total interest payment
$443,000
Total purchase cost
$1,222,000
Mortgage payment
$3,554/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

77%

Monthly carrying cost

$5,571
−$2,521per month
  • Rent $3,050
  • Shortfall $2,521

Rental income opens at $3,050, the median asking rent of 114 comparable homes for lease in Bay Street Corridor. Type over it with the rent you expect. This is a planning tool, not advice.

Market area · filters apply to the charts below

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Sold prices in Bay Street Corridor are shown to signed-in members.

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