$595,000
Toronto
#607 126 Simcoe Street, Toronto (Waterfront Communities), Ontario, M5H4E6
This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Listed at $595,000, it is attractively priced about 6% below the $629,900 median asking price in Toronto. It has been on the market 8 days, fresher than the Toronto average of 57 days.
Downtown core VACANT, move-in ready 2 bedroom, 2 bath condo (as per floor plan total 843 sq ft = 761 sq ft/unit + 82 sq ft/balcony) in a PRIME LOCATION, University/Adelaide. SEE attached FLOOR PLAN , Photo #3.INCLUDED: OWNED BOTH: PARKING and LOCKER that are near each other and both right beside the elevator lobby. 24/7 concierge. COMPARE: At This Price, Builders Today Offer Only a 1-Bedroom. Here: 2 Bed, 2 Bath, OWNED PARKING, OWNED LOCKER. WELL-POSITIONED VALUE IN TORONTO'S DOWNTOWN CORE. Sought-after SPLIT-BEDROOM LAYOUT: primary bedroom with ensuite full washroom and walk-in closet; 2nd bedroom with large closet and ensuite full washroom. See the posted floor plan and explore the online unit tour. Entryway separates the living space from the front door. Quiet side street exposure. Easy stair access and no long elevator waits. Recessed balcony with a solid concrete base - added privacy and peace of mind for families, plus practical space for seating or storage and year-round shelter from sun, wind, rain, and snow. Rabba groceries downstairs, open 24/7. Steps from the Shangri-La Hotel, where you can enjoy live music in the lobby by the fireplace. Residents enjoy exclusive rooftop and ground-floor amenities: two gyms, yoga studio, steam room, jacuzzi, rooftop party room with fireplace and billiards, movie theatre, outdoor plunge pool, cabanas, BBQs, tanning deck, guest suites, and visitor parking. WALK SCORE 100 in THE HEART OF THE FINANCIAL and .ENTERTAINMENT DISTRICTS, PATH, St. Andrew, and Osgoode stations about 5 minutes away; Union Station under a 20-minute walk. Close to hospitals, University of Toronto, Roy Thomson Hall, City Hall skating, theatres, restaurants, the lakefront, aquarium, and Rogers Centre. SEE attached FLOOR PLAN , Photo #3 (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 8 days on market, against an average age of 57 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell below asking price
Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.
This 2-bed single family in Toronto (Waterfront Communities) has been listed for 8 days, which is 49 days fresher than the city average of 57. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $595,000, about 6.6× the local median household income of $90,000.
Carrying it typically needs a household income of about $116,224 (20% down, 25-yr amortization, stress-tested) — roughly 29% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5H)
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