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    305 - 1900 Simcoe St N

    For SaleUniversity Studios Condos
    $265,000
    Studio
    1 Bath
    0 Parking
    499 SQFT
    10 Days on Strata
    Est Sell Timeframe
    7 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $285/mth
    Taxes:
    $2,271 (2024)
    Cost Per Sqft:
    $531 - $664/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    East
    Possession Date:
    To Be Arranged
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate
    5.45 x 5.58ft
    Dining
    Laminate
    5.45 x 5.58ft
    Kitchen
    Laminate
    5.45 x 5.58ft

    About this Listing

    This investment property is tailored for students from Durham College and the University of Toronto ideally situated within walking distancce to both campuses, making it an attractive option for student renters. This unit is fully furnished, featuring a built-in bed, a versatile multi-use table and a brand-new sofa paired with a coffee table, providing a modern and comfortable living space. The building prioritizes security, with 24 hour surveillance, creating a safe environment for residents. Additionally, each floor is equipped with a full kitchen, offering convenience for cooking and socalizing. The building also includes a shared hub space, a gym for fitness, and visitor parking to accomodate guests. Building insurance is included. Peace of mind for the investor. With these amenities its prime location, this property offers strong potential for rental income and high demand among students looking for a well -furnished, secure, and conveniently located residence.

    re/max hallmark first group realty ltd.MLS® #E10419944


    Amenities

    Party Room
    Security System
    Visitor Parking
    Concierge
    Gym Room
    Media Room

    Explore Neighbourhood

    5/10
    Walkability
    Halfway to a walker's paradise, you might want to invest in a hoverboard.
    Unknown
    Transit
    6/10
    Bikeability
    You'll have a love-hate relationship with your gears. Mostly hate.

    Similar Listings

    Demographics

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

    Population
    6,145
    Average Individual Income
    $84,951
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $132,269
    Dominant Housing Type
    Detached
    Population By Age
    0 - 14
    17%
    15 - 19
    1%
    20 - 34
    16%
    35 - 49
    18%
    50 - 64
    24%
    65+
    21%
    Household Income
    $0 - $30,000
    39%
    $30,000+
    19%
    $60,000+
    17%
    $90,000+
    12%
    $125,000+
    11%
    Housing Types & Tenancy
    Detached
    72%
    Semi Detached
    12%
    Low Rise Apartment
    9%
    High Rise Apartment
    3%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    98%
    French
    1%
    Other
    1%
    Education
    High School
    32%
    University and Above
    24%
    College
    22%
    None
    12%
    Apprenticeship
    5%
    University Below Batchelor
    1%
    Major Field of Study
    Business Management
    20%
    Architecture & Engineering
    18%
    Social Sciences
    16%
    Health & Related Fields
    13%
    Education
    8%
    Humanities
    6%
    Personal, Protective & Transportation Services
    5%
    Math & Computer Sciences
    3%
    Visual & Performing Arts
    3%
    Physical Sciences
    1%
    Agriculture & Natural Resources
    1%

    Days on Strata

    Units at University Studios Condos spend an average of
    36
    Days on Strata
    based on recent sales

    List vs Selling Price

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

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    5.5
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 10 condos in the Samac area

    Sold Units

    26
    Units were Sold over the past twelve months

    Rented Units

    50
    Units were Rented over the past twelve months

    Best Value Rank

    University Studios Condos offers the
    ?
    best value out of 10 condos in the Samac neighbourhood

    Appreciation Rank

    University Studios Condos has the
    ?
    highest ROI out of 10 condos in the Samac neighbourhood

    Rental Yield

    University Studios Condos yields the
    ?
    highest rent prices out of 10 condos in the Samac neighbourhood

    High Demand

    University Studios Condos is the
    ?
    most popular building out of 10 condos in the Samac neighbourhood

    Transaction Insights at 1900 Simcoe Street N

    Studio1 Bed
    Price Range$233,220 - $305,000$250,000
    Avg. Cost Per Sqft$775$544
    Avg. Wait for Unit Availability10 Days278 Days
    Ratio of Units in Building97%3%

    Transactions vs Inventory

    Total number of units listed and sold in Samac