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    Toronto / Downtown / Grange Park

    Ph3 - 280 Simcoe St

    For SaleOne Park Lane I Condos
    $1,349,900
    2 Beds + 1
    2 Bath
    1 Parking
    1,430 SQFT
    328 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Townhouse
    Maintenance Fees:
    $1,114/mth
    Taxes:
    $4,335 (2023)
    Cost Per Sqft:
    $944/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    West
    Possession Date:
    To Be Arranged
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Hydro
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    None

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Fireplace, West View
    19.1 x 17ft
    Dining
    West View, Open Concept
    14.99 x 10.99ft
    Kitchen
    Galley Kitchen, Pantry
    13.98 x 7.09ft

    About this Listing

    A Hidden Gem In The Heart Of Downtown Toronto! Penthouse 3 Features A Renovated Kitchen, Washroom And Ensuite, With Bright West Facing Windows And Large Principal Rooms. Wood Burning Fire Place! Spacious Den With Glass Sliding Door For Potential Office Or 3rd Bedroom. One Of The Few Units Available That Has The Potential For Increasing The Ceiling Height! Elevator At Your Door For Easy Access To The Numerous Building Amenities And Your Private Underground Parking Space. One Flight Of Stairs To The Rooftop Patio With Incredible Views Of The City! This Luxury Downtown Residence Is Very Well Maintained And Secure. Just Steps To Hospitals, Parks, U Of T, Art Gallery Of Ontario, And Subway Line. Unit is currently tenanted until April 30 2025 at $4,300/month.

    ExtrasIncluded: Existing S/S Fridge, Stove, D/W, M/W, Washer, Window Coverings, Light Fixtures. Heat, Hydro, Water & Bell Fibe / Internet In Mnt. Gas Furnace + A/C. Amenities Incl. Saltwater Pool, Sauna, Gym, Rooftop Patio W/ Bbq's, Visitor Prkg

    royal lepage estate realtyMLS® #C7376378

    Amenities

    Indoor Pool
    Party Room
    BBQs Allowed
    Indoor Parking
    Bike Storage
    Rooftop Deck

    Explore Neighbourhood

    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.

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    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
    0 - 14
    13%
    15 - 19
    1%
    20 - 34
    30%
    35 - 49
    20%
    50 - 64
    18%
    65+
    15%
    Household Income
    $0 - $30,000
    44%
    $30,000+
    25%
    $60,000+
    15%
    $90,000+
    10%
    $125,000+
    4%
    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%

    Price Trends

    Maintenance Fees

    One Park Lane I Condos vs The Grange Park Area

    Building Trends At One Park Lane I Condos

    Days on Strata

    Units at One Park Lane I Condos spend an average of
    55
    Days on Strata
    based on recent sales

    List vs Selling Price

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

    Offer Competition

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

    Turnover of Units

    On average, each unit is owned for
    17.3
    YEARS before being sold again

    Property Value

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

    Price Ranking

    11th
    Highest price per SQFT out of 16 condos in the Grange Park area

    Sold Units

    5
    Units were Sold over the past twelve months

    Rented Units

    8
    Units were Rented over the past twelve months

    Best Value Rank

    One Park Lane I Condos offers the
    ?
    best value out of 16 condos in the Grange Park neighbourhood

    Appreciation Rank

    One Park Lane I Condos has the
    ?
    highest ROI out of 16 condos in the Grange Park neighbourhood

    Rental Yield

    One Park Lane I Condos yields the
    ?
    highest rent prices out of 16 condos in the Grange Park neighbourhood

    High Demand

    One Park Lane I Condos is the
    ?
    most popular building out of 16 condos in the Grange Park neighbourhood

    Transaction Insights at 280 Simcoe Street

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$761,000 - $775,000$1,075,000 - $1,138,000$1,050,000
    Avg. Cost Per SqftNo Data$697$739$814
    Avg. Wait for Unit AvailabilityNo Data433 Days163 Days357 Days
    Ratio of Units in Building4%19%48%31%

    Transactions vs Inventory

    Total number of units listed and sold in Grange Park