126 Simcoe St 1408
Waterfront Communities C1, Downtown Toronto, M5H 4E6
FOR SALE
$846,000
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BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSC9508491
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Property Description
Client Remarks Luxury Condo In The Heart Of Downtown Toronto. Gorgeous Corner S/E View Of City, Wrap Around Windows, 2 Large Balconies, Across From Shangri-La Hotel. Fully Renovated Including Updated Kitchen, Bathroom & Brand New Flooring. Easy Access To 2 Subway Stations On University. Amazing Amenities With 24 Hrs Concierge Desk, Restaurants, Lounges, Financial District, Entertainment District, Nightlife, U Of T, Hospitals, Union Station, Air Canada Centre, CN Tower View.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2022-08-06 | 2022-08-10 | 4 | $4,700 | $4,700 | Leased |
| 2022-06-18 | 2022-08-05 | 48 | $4,700 | - | Terminated |
| 2021-06-28 | 2021-07-13 | 15 | $3,900 | $3,900 | Leased |
Extras
Fridge, Stove, Dishwasher, Microwave, And Washer Dryer
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Taxes
$4,378 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 16.01' x 18.64' | Hardwood Floor, Combined W/Dining, Se View |
| Dining | Main | 16.01' x 18.64' | Hardwood Floor, Combined W/Living, Open Concept |
| Kitchen | Main | 16.01' x 18.64' | Hardwood Floor, Family Size Kitchen, Open Concept |
| Prim Bdrm | Main | 9.06' x 10.99' | 4 Pc Bath, Closet, South View |
| 2nd Br | Main | 8.86' x 11.52' | East View, W/O To Balcony, Hardwood Floor |
| 3rd Br | Main | 9.12' x 9.91' | East View, Hardwood Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
126 Simcoe St 1408 is a 3-bedroom 2-bathroom condo listed for sale at $846,000, which is $120,821 (12.5%) lower than the average sold price of $966,821 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 3 bedroom condo in Downtown Toronto increased by $187,625 (24.1%) compared to the previous 30 day period (September 1 - September 30) and down $73,536 (7.1%) from the same time one year ago.Inventory Change
There were 228 3-bedroom condos listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 18.3% compared with the previous 30 day period (September 1 - September 30) and up 21.3% compared with the same period last year.Sold Price Above/Below Asking ($)
3-bedroom condos in Downtown Toronto typically sold ($21,073) (2.2%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,295 decrease compared to the previous 30 day period (September 1 - September 30) and ($17,522) 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 3-bedroom condos in Downtown Toronto over the last 30 days (October 1 - October 30) stood at 39.0%, up from 28.0% over the previous 30 days (September 1 - September 30) and up from 30.3% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 3-bedroom 2-bathroom condo in Downtown Toronto stood at 29 days when successfully sold over the last 30 days (October 1 - October 30), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Real One Realty Inc.
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