126 Simcoe St 1407

FOR SALE
$665,000
126 Simcoe St 1407, Downtown Toronto
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
126 Simcoe St 1407
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2
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C11948940
MLSID
Contact Us
Property Description
Welcome to Boutique II where luxury meets convenience in the heart of downtown Toronto! Nestled behind the prestigious Shangri-La Hotel and steps from Soho House, this spacious corner unit offers over 644 sq. ft. of bright, open-concept living. The unique den features floor-to-ceiling windows and a full swing door, making it a perfect second bedroom option or private office.Boasting modern updates, this unit is freshly equipped with brand-new stainless steel appliances (2024), including a fridge, microwave, dishwasher, and full-size stove/oven. Blackout blinds have been installed in both bedrooms for added privacy and comfort. The thoughtfully designed layout is perfect for homeowners and investors alike, offering major income potential in one of Torontos most sought-after areas.Enjoy the unbeatable location:Steps to University Ave, two major subway stations, and the PATH.Grocery shopping made easy with Rabba Fine Foods conveniently located in the building.Minutes to King and Queen Streets, offering the best of Torontos cultural and culinary experiences, including Roy Thomson Hall, the Princess of Wales Theatre, and the Royal Alexandra Theatre.Boutique II residents enjoy access to state-of-the-art amenities, including:A rooftop patio with private cabanas, BBQs, and a hot tub.Plunge pool and steam room.Fully equipped modern fitness facility.Live in the heart of Torontos entertainment, culture, art, and business districts with unbeatable access to transit, the Financial District, parks, and world-class shopping. This unit truly has it all style, convenience, and an unmatched location.Dont miss this incredible opportunity to own a piece of Torontos vibrant downtown lifestyle!
Listing History
List Date End Date Days Listed List Price Sold Price Status
2023-08-24 2023-09-19 26 $699,000 - Terminated
2023-08-30 2023-09-17 18 $3,300 $3,300 Leased
2023-07-20 2023-08-24 35 $699,999 - Terminated
2023-07-08 2023-07-20 12 $615,000 - Terminated
Nearby Intersections
Property Features
Public Transit
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,997 (2025)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingMain42.65' x 51.18'Combined W/Dining, Juliette Balcony, Window Flr to Ceil
DiningMain42.65' x 45.93'Combined W/Dining, Hardwood Floor
BrMain42.65' x 45.93'Window Flr to Ceil, W/O To Balcony, Closet
DenMain30.51' x 29.86'Window Flr to Ceil, Swing Doors
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
126 Simcoe St 1407 is a 2-bedroom 1-bathroom condo listed for sale at $665,000, which is $91,601 (12.1%) lower than the average sold price of $756,601 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $25,750 (3.5%) compared to the previous 30 day period (December 22 - January 20) and down $31,820 (4.0%) from the same time one year ago.
Inventory Change
There were 1,180 2-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.7% compared with the previous 30 day period (December 22 - January 20) and up 12.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($15,842) (2.1%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,965 increase compared to the previous 30 day period (December 22 - January 20) and ($14,808) less 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 2-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 26.8%, down from 33.1% over the previous 30 days (December 22 - January 20) and down from 45.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (January 21 - February 19), compared to 73 days before being removed from the market upon being suspended or terminated.
Listing contracted with Exp Realty
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