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    413 - 1900 Simcoe St N

    For SaleUniversity Studios Condos
    $239,000
    Studio
    1 Bath
    0 Parking
    499 SQFT
    1 Day on Strata
    Est Sell Timeframe
    11 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Property Type:
    Condo
    Maintenance Fees:
    $291/mth
    Taxes:
    $2,362 (2024)
    Cost Per Sqft:
    $479 - $599/sqft
    Locker:
    None
    Outdoor Space:
    None
    Exposure:
    East
    Possession Date:
    To Be Arranged
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Loft
    Combined with Br
    11.48 x 22.97ft
    Kitchen
    Combined with Living
    0 x 0ft
    Bathroom
    3 Piece Ensuite
    0 x 0ft

    About this Listing

    This exceptional investment opportunity is tailored to cater the student population of Durham College and the Ontario Tech University, boasting an unbeatable location mere steps from both campuses. The turnkey unit is lavishly appointed with sleek furnishings, large windows for abundant natural light, including a space-saving murphy bed, versatile workspace, living area and convenient ensuite laundry. Residents can rest easy thanks to round-the-clock security monitoring, while communal amenities like fully equipped kitchens and social lounges on each floor, also state-of-the-art fitness center foster a sense of community. With building insurance covered, investors can enjoy hassle-free ownership, capitalizing on the property's vast rental potential and irresistible appeal to discerning students.

    re/max excellence real estateMLS® #E11996719


    Amenities

    Indoor Parking
    Visitor Parking
    Media Room
    Rec Room
    Gym Room
    Games 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%

    Maintenance Fees

    University Studios Condos vs The Samac Area

    Days on Strata

    Units at University Studios Condos spend an average of
    27
    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
    compared to other buildings in Samac

    Turnover of Units

    On average, each unit is owned for
    5.6
    YEARS before being sold again

    Property Value

    3%
    Increase in property value within the past twelve months

    Price Ranking

    2nd
    Highest price per SQFT out of 10 condos in the Samac area

    Sold Units

    22
    Units were Sold over the past twelve months

    Rented Units

    50
    Units were Rented over the past twelve months

    Best Value Rank

    University Studios Condos offers the
    ?
    best value out of 10 condos in the Samac neighbourhood

    Appreciation Rank

    University Studios Condos has the
    ?
    highest ROI out of 10 condos in the Samac neighbourhood

    Rental Yield

    University Studios Condos yields the
    ?
    highest rent prices out of 10 condos in the Samac neighbourhood

    High Demand

    University Studios Condos is the
    ?
    most popular building out of 10 condos in the Samac neighbourhood

    Transaction Insights at 1900 Simcoe Street N

    Studio1 Bed
    Price Range$225,000 - $305,000$250,000
    Avg. Cost Per Sqft$765$544
    Avg. Wait for Unit Availability11 Days243 Days
    Ratio of Units in Building97%4%

    Transactions vs Inventory

    Total number of units listed and sold in Samac