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New1 hour ago

2601 - 71 Simcoe Street

Bay Street Corridor, Toronto

$2,950,000

Condo Apartment |
2 | 3 | 2 | 1
About this home

Unrivalled penthouse in the heart of Toronto's Entertainment District occupying the entire 26th floor with sweeping 360 degree panoramic city views. Across from Roy Thomson Hall, Symphony Place is a hidden jewel with only 87 units. It has a discreet 'New York' style lobby entrance, 24-hour concierge and recently renovated amenities. This one-of-a-kind contemporary penthouse features over 3,300 sq ft of dramatic, timelessly designed space by renowned architect Peter Ng. Greet your guests as they step off the elevator into your private hallway before entering the large foyer with a separate double closet and powder room. Entertain your guests in the magnificent open concept living and dining area with a walk out to an impressive south facing 225 sq ft landscaped terrace overlooking the cityscape. The bonus studio space is accessed from the terrace. Two additional balconies face west for sunset views; concert nights are breathtaking with a spectacularly illuminated Roy Thomson Hall! The custom Scavolini kitchen is a chef's dream with wrap around granite and stainless-steel countertops, built-in appliances, storage galore and a concrete backsplash. The butler's pantry and laundry room with its own garbage chute plus ample storage and counter space is exceptionally convenient for hosting larger events. Retreat to the family room for cozy evenings with custom-built in bench seating, media center and a work-at-home desk. The lavish primary bedroom is moonlit with a north view, a walk-in closet plus a dressing room. Enter the 5-piece ensuite bathroom for a spa-like experience with its joyful winding mosaic tiled entry to the rain shower. The generously proportioned additional bedroom boasts a deluxe 6-piece bathroom and walk-in closet. Here you will find an extra utility room for storage. This coveted boutique residence provides modern sophistication all within walking distance of top tiered dining, entertainment, the Financial District PATH & St. Andrew's subway.

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nest zoom realty
(416) 276-9973
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size3250-3499 sq. ft.
Maintenance Fees$3,660
LockerEnsuite+Owned
BalconyTerrace
ExposureSouth West
Parking TypeUnderground
Parking Spaces2
Parking FeaturesUnderground
Property Tax$10,136
mls© NumberC13793382
Listed ByJohnston & Daniel
Heat Included
Hydro Included
Water Included
CAC Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$15,099
Property tax
$845
Heat allowance
$150
Condo fees, half counted
$1,830
Housing costs
$17,924 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $590,000
25-yr amortization

Income needed

$552,000

gross annual household income

Payment at 4%
$12,414 / mo
Cash down
$590,000

Assumes no other monthly debts · 25-yr amortization

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Investment Analysis

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