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    One Park Lane I Condos

    280 Simcoe Street

    1for Sale
    0for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Townhouse
    Number of Storeys:
    16
    Number of Units:
    130
    Condo Completion:
    1981
    Condo Demand:
    Medium
    Unit Size Range:
    900 - 1,750 SQFT
    Unit Availability:
    Low

    Listing History for One Park Lane I Condos

    Amenities

    Party Room
    Concierge
    Indoor Pool
    Sauna
    Squash Court
    Rec Room

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 280 Simcoe StreetOne Park Lane I Condos

    A central location that’s close to transit, hospitals, universities, employment, and so much more, that’s what you get with One Park Lane I Condos, which is located at 280 Simcoe St. These condos in Grange Park enjoy spacious layouts that are appointed with luxurious fixtures and finishes. In fact, these condos are so impressive that they needed 2 sequels — One Park Lane II Condos and One Park Lane III Condos.

    The exterior of One Park Lane I Condos may not be as showy as a lot of its more newly built counterparts, but that just means that it’s a perfect fit for those who want to live in luxury, but appreciate an understated style and design. The suites are considerably larger than Toronto condos for sale in recently built towers, so this is a rare opportunity to enjoy a larger floor plan in the heart of downtown.

    St. Patrick Station is located right at your doorstep when you live here. This transit station will connect you with the rest of the GTA, giving you the freedom of exploring the rest of this amazing city.

    The Suites

    This high-rise stands at 16 storeys and is home to 130 downtown Toronto condos. The layouts range from 1,033 to 1,519 square feet; you definitely have room to make these suites feel like your home.

    All of the suites offer two-bedroom layouts. This could be a great fit for a small family who is looking to live in the downtown centre. The second bedroom could also be used as a home office, making it a great choice for professionals who are looking to live in the lap of luxury.

    There are world class amenities attached to One Park Lane I Condos too. There’s a fully equipped exercise room that will ensure you will always feel your best. There’s also a swimming pool, and this can be a tremendous place to either stay fit or just cool off on those hot summer days. If you’ve got a competitive side, there’s also a squash court where you can challenge your friends.

    The Neighbourhood

    280 Simcoe St. is in Grange Park, which is in the midst of some of Toronto’s most recognizable landmarks. This is an amazing location if you’re interested in experiencing the cultural institutions Toronto has in store. The Art Gallery of Ontario is only a 5 minute walk away. This is one of North America’s best art galleries, and it is a regular host to exhibitions that have traveled the globe.

    The Toronto International Film Festival is one of the globally recognized film festivals, even being considered on the same level as Cannes and Sundance. It is centred around the TIFF Bell Lightbox Theatre, which is only a 15 minute walk away. It’s a great chance to watch Oscar contenders before the rest of the world.

    Safety is always an important concern, and that’s what makes the hospitals around One Park Lane I so important. There’s a dense complex of hospitals right around the corner, and this includes famous healthcare institutions such as Mt. Sinai Hospital and The Hospital for Sick Children, colloquially known as ‘Sick Kids.’

    There are great universities in the vicinity as well. The University of Toronto is a 10 minute walk northward, and OCAD University is only 5 minutes away.

    Finally, 280 Simcoe St. stands in the footstep of Toronto’s Financial District, which is one of the most important economic centres in the entire country. All of Canada’s major banks have head offices here, so if you work in finance, your new home could just be a short walk from work.

    Transportation

    St. Patrick Station is only seconds away from One Park Lane I Condos. This station is part of Line 1 Yonge-University, which reaches up to the northern stretches of the GTA. You can use this line to reach North York, or even as far north as Vaughan thanks to the extension that was completed in late 2017. Riders can also transfer onto Line 2 Bloor-Danforth at St. George Station, which is only 3 stops away.

    Dundas West is basically at your doorstep when you live here, public transit users can hop onto the 505 Dundas streetcar. It’s a great route for those who need to travel in an east-west direction in downtown.

    1

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    Nearby Amenities

    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.

    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
    Household Income
    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%

    Days on Strata

    Units at One Park Lane I Condos spend an average of
    15
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    17.2
    YEARS before being sold again

    Property Value

    -15%
    Decrease in property value within the past twelve months

    Price Ranking

    10th
    Highest price per SQFT out of 13 condos in the Grange Park area

    Sold Units

    2
    Units were Sold over the past twelve months

    Rented Units

    11
    Units were Rented over the past twelve months

    Best Value Rank

    One Park Lane I Condos offers the
    ?
    best value out of 13 condos in the Grange Park neighbourhood

    Appreciation Rank

    One Park Lane I Condos has the
    ?
    highest ROI out of 13 condos in the Grange Park neighbourhood

    Rental Yield

    One Park Lane I Condos yields the
    ?
    highest rent prices out of 13 condos in the Grange Park neighbourhood

    High Demand

    One Park Lane I Condos is the
    ?
    most popular building out of 13 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 DataNo Data
    Avg. Cost Per SqftNo Data$678No DataNo Data
    Avg. Wait for Unit AvailabilityNo Data462 Days157 Days255 Days
    Ratio of Units in Building4%19%46%33%

    Maintenance Fees

    One Park Lane I Condos vs The Grange Park Area

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