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    707 - 1900 Simcoe St N

    For SaleUniversity Studios Condos
    $299,000
    Studio
    1 Bath
    0 Parking
    285 SQFT
    183 Days on Strata
    Est Sell Timeframe
    12 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $392/mth
    Taxes:
    $2,587 (2023)
    Cost Per Sqft:
    $1,049/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    South East
    Possession Date:
    April 19, 2024
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Water

    Utility Type

    Air Conditioning
    Wall Unit
    Heat Source
    Gas
    Heating
    Heat Pump

    Room Dimensions

    Kitchen
    Combined with Living, Laminate, Stainless Steel Appliances
    14.47 x 13.09ft
    Study
    Combined with Kitchen, Open Concept
    14.47 x 13.09ft
    Bedroom
    Combined with Kitchen
    14.47 x 13.09ft

    About this Listing

    A great opportunity to own a turnkey investment unit! Largest size unit in building! Corner studio!!! Very convenient location for working professionals or students! Fully furnished bachelor unit. Ensuite laundry! Modern finishes! Open concept living! Walking distance to Ontario tech university and Durham college. Close to HWY, go transit, shopping center's and restaurants! Building amenities gym, media room, party room. Maintenance fee includes dedicated Bell fiber 1 GB internet.

    ExtrasEach floor has full-size hub w/ full-size kitchen for special occasions. Meeting rooms, gym, outdoor lounge & bbq, concierge, charging station, key fob controlled front doors. Paid visitor parking, Or rent monthly thru Condo or Gas Station

    homelife/miracle realty ltdMLS® #E8157644


    Amenities

    Media Room
    BBQ
    Rec Room
    Games Room
    Security System
    Gym 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
    44
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    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

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 20 condos in the Samac area

    Sold Units

    25
    Units were Sold over the past twelve months

    Rented Units

    46
    Units were Rented over the past twelve months

    Best Value Rank

    University Studios Condos offers the
    ?
    best value out of 20 condos in the Samac neighbourhood

    Appreciation Rank

    University Studios Condos has the
    ?
    highest ROI out of 20 condos in the Samac neighbourhood

    Rental Yield

    University Studios Condos yields the
    ?
    highest rent prices out of 20 condos in the Samac neighbourhood

    High Demand

    University Studios Condos is the
    ?
    most popular building out of 20 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$781$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