71 Simcoe St #2601, Toronto

Name: 71 Simcoe Street, Unit 2601
SKU: C13793382
Price: 2950000 CAD
Availability: InStock

2 Bed, 2 Bath Condo in Toronto

Unit 2601 at 71 Simcoe Street

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.

2 bedrooms, 2 bathrooms, about 3,250 sq ft, works out to roughly $908 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.

Inside 71 Simcoe St #2601

Every detail from the listing, in one place.

Type: Condo
Style: Apartment
Living space: 3250-3499 sq ftas stated on the listing
Parking: 2 spacesYes garage
Basement: None

Features & systems

Parking & garage

Garage: Yes
Parking spaces: 2

Interior

Basement: None

Lot & land

Lot size (sqft): 0

Listing & possession

Property style: Apartment
Property class: Condo Apartment

71 Simcoe St #2601 Price & Sale History

Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.

Sep 16, 2026For saleListedThis listingMLS® C13793382$2,950,000

Sourced from MLS®. Includes earlier listings of this property on record.

What's it worth?

How 71 Simcoe St #2601 Compares to the Toronto Market

Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.

Zara’s estimate

Fair Price· based on 16,043 recent sales

Value your own home →How accurate are Zara’s estimates?

Summitly estimate, not from TRREB, the MLS® or the listing brokerage. Not an appraisal. How it works

Toronto market, last 90 days

Median sold price: $844,900
Average sold price: $1,085,898
Average days on market: 32
Homes sold: 9,125

Closed sales on the TRREB MLS®.

Full Toronto market report

Market pulse · Toronto

Toronto market

Median sold price$844,900Last 90 days
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio5194.5%On average, homes sold at or above asking.
Active listings11,931Homes for sale here right now.
Median vs prior 90 days+0.6%Compared with May 12 – Aug 10, 2026: prices up.

Based on 9,125 sales from Aug 10 – Nov 8, 2026 (7,196 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.

Recently sold nearby in Toronto

Sold prices are shown free to signed-in members, as board rules require.

6 nearby sales vs. this home

Closed sales from MLS®, compared with this home's asking price.

See what these homes actually sold for

Free with a Summitly account. Sign in once and sold prices unlock across the site.

Home	Sold price	$ / sqft	% of asking	Sold
This homeUnit 2601 — 71 Simcoe Street 2 bd · 2 ba · 3,250 sqft	$2,950,000asking	$908	—	—
39 Queens Quay 1 bd · 2 ba · 700 sqft
150 Logan Avenue 3 bd · 2 ba · 1,000 sqft
100 Dalhousie Street 2 bd · 2 ba · 800 sqft
27 Bathurst Street 2 bd · 2 ba · 600 sqft
85 Skymark Drive 1 bd · 1 ba · 1,400 sqft
399 Spring Garden Avenue 1 bd · 1 ba · 500 sqft

39 Queens Quay
1 bd · 2 ba · 700 sqft
150 Logan Avenue
3 bd · 2 ba · 1,000 sqft
100 Dalhousie Street
2 bd · 2 ba · 800 sqft
27 Bathurst Street
2 bd · 2 ba · 600 sqft
85 Skymark Drive
1 bd · 1 ba · 1,400 sqft
399 Spring Garden Avenue
1 bd · 1 ba · 500 sqft

More in this building

1 for sale · 2 for rent at 71 Simcoe St — plus its sale and lease history.

See all of 71 Simcoe St

Living in Toronto: Location & Amenities

Transit, schools, parks and everyday places near this home. Select any place to open it on Google Maps.

Transit nearby

Stations and stops, straight-line distance

St. Andrew StationLine 1120 m1 min walk
Osgoode StationLine 1460 m6 min walk
Union StationLine 1, Barrie GO, Kitchener GO, Lakeshore East GO, Lakeshore West GO, Milton GO, Richmond Hill GO, Stouffville GO, UP Express470 m6 min walk

Places from OpenStreetMap (© OpenStreetMap contributors) and Summitly's station list. Distances are straight-line, not routes.

Loading schools, parks, groceries and more nearby…

Transit

St. Andrew Station (Line 1)1 min walk
Osgoode Station (Line 1)6 min walk
Union Station (Line 1, Barrie GO, Kitchener GO, Lakeshore East GO, Lakeshore West GO, Milton GO, Richmond Hill GO, Stouffville GO, UP Express)6 min walk

Nearest subway, GO and LRT stations first, then bus and streetcar stops.

St. Andrew Station
120 m1 minClosest· Line 1
Homes near St. Andrew Station
Osgoode Station
460 m6 min· Line 1
Homes near Osgoode Station
Union Station
470 m6 min· Line 1, Barrie GO, Kitchener GO, Lakeshore East GO, Lakeshore West GO, Milton GO, Richmond Hill GO, Stouffville GO, UP Express
Homes near Union Station

Straight-line distances from the listing; walking times assume about 80 m a minute. Places © OpenStreetMap contributors, a community-maintained map that may miss or misplace some places. Directions and place details open on Google Maps.

How long is your commute?

From 71 Simcoe St #2601. Typical times without traffic delays; transit times aren't available yet.

Costs, Mortgage & Rental Return for 71 Simcoe St #2601

What it could cost each month, today's rates from our mortgage partner, and what it could return as a rental.

Mortgage: $14,492; 20% down · 25 years · 5.5% assumed
Property tax: $1,623; 0.66% mill rate · ON
Total per month: $16,115; Before utilities, insurance and fees

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

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Monthly cost

Enter a rate to see the monthly cost

Down payment

Rate (%)

Years

An estimate, not a quote. Utilities and insurance are extra.

Affordability calculator

Estimated monthly payment

$14,492

/mo

based on the purchase price of $2,950,000

Down payment20%

$590,000 cash

Amortization25 yr

$2,360,000 financed

Rate5.50%

$1,987,739 total interest

Principal54%$2,360,000

Interest46%$1,987,739

20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.

Want rate-drop alerts and a saved shortlist?

Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.

Rental income potential

Est. monthly rent

low–high

Gross yield

rent × 12 ÷ price

Cap rate (est.)

net of tax + fees

Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.

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Questions About 71 Simcoe St #2601

How much is 71 Simcoe St #2601 listed for?

71 Simcoe St #2601 is listed at $2,950,000 (MLS® C13793382). Summitly updates the price as soon as the MLS® record changes.

Is $2,950,000 a good price for 71 Simcoe St #2601?

Summitly rates it Fair Price: the asking price is Within 3% below to 5% above Zara's estimate, an estimate built from recent sales in Toronto. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate

Has the price of 71 Simcoe St #2601 changed?

No — 71 Simcoe St #2601 is still listed at its original asking price of $2,950,000.

How many bedrooms and bathrooms does 71 Simcoe St #2601 have?

71 Simcoe St #2601 has 2 bedrooms and 2 bathrooms, with about 3,250–3,499 square feet of living space. It is a condo in Toronto.

Is 71 Simcoe St #2601 close to transit?

The nearest rapid-transit station is St. Andrew Station (Line 1), about 120 m (about a 1-minute walk) in a straight line. Osgoode Station is about 460 m (about a 6-minute walk), and Union Station is about 470 m (about a 6-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.

How much would the monthly mortgage be on 71 Simcoe St #2601?

About $14,492 a month — principal and interest on $2,950,000 with 20% down ($590,000), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.

How does 71 Simcoe St #2601 compare with other homes in Toronto?

Its asking price of $2,950,000 is about 249% above the median sold price in Toronto over the last 90 days, $844,900, across 9,125 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.

Has 71 Simcoe St #2601 been sold before?

Summitly has no earlier MLS® sale or lease of 71 Simcoe St #2601 on record from the last two years. Older records aren't shown under TRREB rules.

Where is 71 Simcoe St #2601?

71 Simcoe St #2601 is in Toronto, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.

How long has 71 Simcoe St #2601 been on the market?

53 days — 71 Simcoe St #2601 was listed on September 16, 2026.

What is the price per square foot of 71 Simcoe St #2601?

About $843 to $908 per square foot: the asking price of $2,950,000 over the 3,250–3,499 sq ft the listing gives as its size range.

Does 71 Simcoe St #2601 have parking or a garage?

Yes — the listing gives 2 parking spaces. Garage: Yes.

What you should know