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2601 - 71 Simcoe Street
Bay Street Corridor, Toronto
$2,950,000
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/workshop 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 & 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 ensuite bathroom & walk-in closet. There is also an extra utility/locker 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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| Type | Condo Apartment |
| Style | Apartment |
| Approx. Age | Not available |
| Size | 3250-3499 sq. ft. |
| Maintenance Fees | $3,660 |
| Locker | Ensuite+Owned |
| Balcony | Terrace |
| Exposure | South West |
| Parking Type | Underground |
| Parking Spaces | 2 |
| Parking Features | Underground |
| Property Tax | $10,136 |
| mls© Number | C13793382 |
| Listed By | Johnston & Daniel |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
Schools
Could you afford this home?
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.
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
Full affordability checkInvestment Analysis
Estimated rent, cap rate and monthly cash flow for this property
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