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    Symphony Place

    71 Simcoe Street

    1for Sale
    1for Rent
    © OpenStreetMap
    map of location

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    23
    Number of Units:
    87
    Condo Completion:
    1991
    Condo Demand:
    High
    Unit Size Range:
    840 - 3,508 SQFT
    Unit Availability:
    Low
    Property Management:

    Listing History for Symphony Place

    Amenities

    Security System
    Bike Storage
    Indoor Parking
    Visitor Parking
    Rec Room
    Sauna

    Maintenance Fees

    Included
    None
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    About 71 Simcoe StreetSymphony Place

    Located at 71 Simcoe Street in the King West neighbourhood, this 25-storey condominium is home to 87 downtown Toronto condos. The exterior of the building was designed to match St. Andrew's Presbyterian Church which sits next door, giving residents a Victorian-styled lobby to welcome them.

    Symphony palace was built in 1991, and as is often the case with older buildings, units here are much larger than those found in new buildings. With a trendy neighbourhood like King West, this property is ideal for first-time home buyers and young professionals. Given the size of condos in this building, there is also some appeal for empty nesters who are moving on from a detached home.

    Building amenities include: gym, sauna, party room, meeting room, concierge, security guard and parking garage. There are buildings in the area which offer more in the way of amenities, but very few which can boast such expansive suite sizes.

    The Suites

    King West condos for sale at Symphony Place have great value and are on the lower end of price per square foot. Units are available in 1 bedroom, 1 bedroom + den, 2 bedroom, 2 bedroom + den — suite sizes range from 797 to 3250 square feet.

    Many of the suites in this building have some personalization over the years, but you can expect to find hardwood floors, updated kitchens, large bedrooms, and expansive balconies with incredible city views. Some units feature multiple balconies, and even exposed concrete ceilings and walls, plus other industrial touches.

    With a condo at Symphony Place you have an exciting neighbourhood to call home, just minutes from the Entertainment District and Toronto’s best attractions; with Roy Thomson Hall across the street, you have an incredible venue for concerts on your doorstep.

    The Neighbourhood

    King West is fast-becoming one of the most desirable neighbourhoods in Toronto — with its convenient location and exciting pace, it’s no surprise that this area is the sight of many new developments. In 71 Simcoe you have a building with history, one with a prime location that can’t be beat and immediate access to TTC service. So, there are a lot of reasons to consider this condominium over newer developments.

    From your spacious home at 71 Simcoe you have great options for dining out in the area; there’s IL FORNELLO on King for a wood-fired pizza, Penelope Restaurant for Greek, Luma for upscale Canadian cuisine, and Forget About It Supper Club for a relaxed Italian meal. There are also plenty of fast-food chains around the corner at the Toronto Dominion Centre, and there’s Starbucks, Tim Hortons, and Canadian Music Café nearby for morning coffee.

    For a night out on the town, you have King Street pubs like Roxy on King, Bar Hop, and Fynn's of Temple Bar. To the south, there’s the Entertainment District for live music, packed dance floors, and charming brewpubs. Sports fanatics can walk to the Rogers Centre and Scotiabank Arena, making it easy to catch as many home games as possible. Music fans have Roy Thomson across the street, and several theatres in the area for concerts and shows.

    When the time comes for a grocery run you can head to The Market by Longo's at First Canadian Place or McEwan on Wellington Street. If you need some fresh air and the balcony isn’t cutting it, there’s David Pecaut Square to the west, Simcoe Park to the south-west, and if you really need a long walk, you can head to The Waterfront for the Martin Goodman Trail.

    Transportation

    71 Simcoe Street has a walk score of 100, making this a perfect location for those who like to get things done on foot. For longer journeys, there are streetcars on King and Wellington, and St. Andrew Station is just minutes away for the Yonge-University subway line.

    Drivers have a short trip to the Gardiner expressway via the Lower Simcoe on-ramp, and from there can connect to the Lakeshore Boulevard and the Don Valley Parkway.

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    Listings For Rent

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    Nearby Amenities

    10/10
    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
    Your bike's the trusty steed in this urban jungle — giddy up!

    Demographics

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

    Population
    24,225
    Average Individual Income
    $66,367
    Average Household Size
    3 persons
    Average Age
    0
    Average Household Income
    $109,098
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    36%
    Detached
    33%
    Semi Detached
    21%
    Low Rise Apartment
    4%
    Duplex
    3%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    71%
    Mandarin
    14%
    Cantonese
    9%
    Tamil
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    13%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    18%
    Health & Related Fields
    11%
    Social Sciences
    10%
    Math & Computer Sciences
    9%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    4%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Days on Strata

    Units at Symphony Place spend an average of
    9
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    10%
    above
    the list price.

    Offer Competition

    Condos in this building have a
    HIGH
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    9.7
    YEARS before being sold again

    Property Value

    7%
    Increase in property value within the past twelve months

    Price Ranking

    71st
    Highest price per SQFT out of 98 condos in the King West area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Best Value Rank

    Symphony Place offers the
    ?
    best value out of 98 condos in the King West neighbourhood

    Appreciation Rank

    Symphony Place has the
    ?
    highest ROI out of 98 condos in the King West neighbourhood

    Rental Yield

    Symphony Place yields the
    ?
    highest rent prices out of 98 condos in the King West neighbourhood

    High Demand

    Symphony Place is the
    ?
    most popular building out of 98 condos in the King West neighbourhood

    Transaction Insights at 71 Simcoe Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed3 Bed + Den
    Price Range$1,018,000$658,800 - $905,000No DataNo Data$1,185,000No Data
    Avg. Cost Per Sqft$819$627No DataNo Data$578No Data
    Avg. Wait for Unit Availability327 Days261 Days342 Days461 Days812 DaysNo Data
    Ratio of Units in Building22%28%30%18%3%2%

    Maintenance Fees

    Symphony Place vs The King West Area

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