126 Simcoe St 1205
Waterfront Communities C1, Downtown Toronto, M5H 4E6
FOR SALE
$680,000
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1 + 1
BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSC9513421
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Property Description
Updated 1 + 1 condo with a rare parking space in the heart of Toronto's Entertainment and Financial Districts. This unit features a newly renovated kitchen with modern white cabinets, quartz countertops, and a centre island with ample storage and a pull-out table for extra workspace or additional dining space - perfect for entertaining. New engineered hardwood floors and a new bathroom vanity with quartz countertops complete the stylish upgrades. The unit boasts 9-foot ceilings and floor-to-ceiling windows, providing an airy, light filled atmosphere.The practical and functional layout offers no wasted space, and it even includes a balcony! The bedroom features a spacious walk-in closet and access to a large semi-ensuite bathroom. The sizeable den is ideal for a home office and can easily accommodate a daybed for overnight guests, or you can book one of the two guest suites available in the building.Convenience is truly at your doorstep with a 24-hour Rabba (with a Subway inside) nearby, and you're close to King & Queen Street's trendy restaurants, Roy Thomson Hall, TIFF Lightbox, and more! St. Andrew and Osgoode subway stations are steps away, making commuting a breeze. Plus, Osgoode will be a stop on the future Metrolinx Ontario Line - a transformative rapid transit route that will connect Toronto from east to west, making travel across the city faster and more convenient.The rare parking space adds both convenience and value - whether for personal use or as an opportunity to earn extra income by renting it out.AMENITIES: Rooftop patio with outdoor pool, 2 BBQ areas and party room (at 21 Nelson), other amenities on 2nd floor: Exercise, Yoga, Party, Theatre, 2 guest suites and plenty of paid visitor parking spaces
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-07 | 2024-10-28 | 21 | $719,000 | - | Terminated |
| 2023-05-30 | 2023-07-08 | 39 | $2,900 | $3,000 | Leased |
| 2021-05-10 | 2021-05-19 | 9 | $2,200 | $2,100 | Leased |
| 2020-03-19 | 2020-03-25 | 6 | $2,500 | $2,500 | Leased |
Extras
New kitchen & centre island with quartz countertops, new laminate floors, new bathroom vanity with quartz countertop. See virtual tour for more pictures, 3D / 360 tour, Floor Plan, Cinematic video.
Nearby Intersections
Property Features
Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,143 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (Level D/Unit 6)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 11.25' x 13.25' | Hardwood Floor, W/O To Balcony, North View |
| Dining | Main | 11.25' x 13.25' | Combined W/Living, Hardwood Floor |
| Kitchen | Main | 10.76' x 12.40' | Renovated, Centre Island, Quartz Counter |
| Br | Main | 10.24' x 10.66' | W/I Closet, Semi Ensuite, Hardwood Floor |
| Den | Main | 14.01' x 7.25' | Hardwood Floor |
| Other | Main | 10.01' x 4.00' | Balcony, Concrete Floor, North View |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
126 Simcoe St 1205 is a 1-bedroom 1-bathroom condo listed for sale at $680,000, which is $110,764 (19.5%) higher than the average sold price of $569,236 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $1,563 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $22,277 (3.8%) from the same time one year ago.Inventory Change
There were 1,261 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 7.8% compared with the previous 30 day period (September 21 - October 20) and up 2.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,859) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $855 increase compared to the previous 30 day period (September 21 - October 20) and ($13,197) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (October 21 - November 19) stood at 49.5%, up from 37.0% over the previous 30 days (September 21 - October 20) and up from 31.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Yu Group Realty Ltd.
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