126 Simcoe St 506
Waterfront Communities C1, Downtown Toronto, M5H 4E6
FOR SALE
$449,000
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Property Description
Rare To Offer Bright & Spacious Junior 1 Bdrm Suite In 'Boutique II' Condo!Right In The Heart OfFinancial/Entertainment Dist!Open Concept!Newly Finished Wood Floors,Granite C-Top.Ensuite Laundry.Close To AllAmenities: Subway,Shop,Roy Thompson Hall,Restaurants,Theatres.Next To The Shangri-La Hotel,FinancialDistrict.Walk Score:99.Well-Kept Unit!Neutral Colours.Must Be Seen To Appreciate!
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-08 | 2024-09-10 | 5 | $2,100 | $2,100 | Leased |
| 2024-07-10 | 2024-09-11 | 63 | $468,000 | - | Terminated |
| 2024-06-04 | 2024-07-10 | 36 | $519,000 | - | Terminated |
| 2022-06-24 | 2022-06-25 | 2 | $1,950 | $2,000 | Leased |
| 2021-08-13 | 2021-08-20 | 7 | $1,750 | $1,770 | Leased |
| 2021-06-21 | 2021-06-24 | 4 | $1,550 | $1,550 | Leased |
| 2021-06-07 | 2021-06-11 | 4 | $1,500 | - | Suspended |
| 2021-02-10 | 2021-03-21 | 38 | $1,650 | - | Suspended |
Extras
Stove,Fridge,Dw,Microwave,Stack Washer & Dryer.Elfs.Blinds.Great Facilities Incl: Rooftop Cabanas/Garden, Bbq Terr, Party Room, Billiards, Plunge Pool, Gym, Hot Tub, 24Hrs Concierge,Guest Suite. 24 Hours Notice For Showing.
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$2,024 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.50' x 16.73' | Laminate, Combined W/Dining, Juliette Balcony |
| Dining | Flat | 10.50' x 16.73' | Laminate, Combined W/Living, Track Lights |
| Kitchen | Flat | 10.50' x 16.73' | Laminate, Granite Counter, Eat-In Kitchen |
| Br | Flat | 6.92' x 6.99' | Laminate, Separate Rm |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
126 Simcoe St 506 is a 1-bedroom 1-bathroom condo listed for sale at $449,000, which is $117,077 (20.7%) lower than the average sold price of $566,077 in the last 30 days (August 19 - September 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $8,316 (1.4%) compared to the previous 30 day period (July 20 - August 18) and down $49,628 (8.1%) from the same time one year ago.Inventory Change
There were 1,451 1-bedroom condos listed in Downtown Toronto over the last 30 days (August 19 - September 17), which is up 9.7% compared with the previous 30 day period (July 20 - August 18) and up 11.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($9,285) (1.6%) below asking price over the last 30 days (August 19 - September 17), which represents a $81 decrease compared to the previous 30 day period (July 20 - August 18) and ($7,356) 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 1-bedroom condos in Downtown Toronto over the last 30 days (August 19 - September 17) stood at 35.1%, down from 35.4% over the previous 30 days (July 20 - August 18) and down from 36.8% 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 34 days when successfully sold over the last 30 days (August 19 - September 17), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Crossroads Realty Inc.
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