126 Simcoe St 1509
Waterfront Communities C1, Downtown Toronto, M5H 4E6
FOR SALE
$588,000
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Property Description
Welcome To Boutique Condos! Open Concept, 9 Ft Ceiling. Large One Br With Wall-To-Wall Closet. Bright & Spacious W/ Floor-To-Ceiling Windows. In The Heart Of The Entertainment & Financial District. Unobstructed View Of The Lake And Toronto Skyline. Steps To Subway, Underground Path, U Of T, Ocad & Toronto Metropolitan University (Ryerson), In-Building Grocery Store. Amenities Include Wifi In Bldg, 24-Hr Concierge, Gym, Party/Meeting Room, An Amazing Roof-Top Deck/Garden & Guest Suites.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-26 | 2024-04-29 | 4 | $715,000 | - | Suspended |
| 2022-03-02 | 2022-03-17 | 15 | $2,250 | $2,200 | Leased |
| 2023-04-23 | 2023-05-08 | 18 | $638,800 | - | Suspended |
| 2023-03-28 | 2023-04-20 | 23 | $688,800 | - | Terminated |
| 2022-03-02 | 2022-03-17 | 14 | $2,250 | $2,200 | Leased |
| 2020-09-11 | 2020-09-16 | 5 | $1,750 | - | Terminated |
| 2020-08-25 | 2020-09-18 | 24 | $565,000 | $555,000 | Sold |
Nearby Intersections
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,292 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Foyer | Flat | 5.18' x 12.66' | Hardwood Floor, Double Closet |
| Living | Flat | 11.12' x 16.37' | Hardwood Floor, W/O To Balcony, Combined W/Dining |
| Dining | Flat | 11.12' x 16.37' | Hardwood Floor, Open Concept, Combined W/Living |
| Kitchen | Flat | 11.12' x 16.37' | Hardwood Floor, Quartz Counter, Combined W/Dining |
| Br | Flat | 9.38' x 10.89' | W/O To Balcony, Hardwood Floor, W/W Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
126 Simcoe St 1509 is a 1-bedroom 1-bathroom condo listed for sale at $588,000, which is $11,875 (2.0%) lower than the average sold price of $599,875 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $4,762 (0.8%) compared to the previous 30 day period (March 15 - April 13) and down $30,572 (4.8%) from the same time one year ago.Inventory Change
There were 2,111 1-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 75.9% compared with the previous 30 day period (March 15 - April 13) and up 76.1% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($8,857) (1.5%) below asking price over the last 30 days (April 14 - May 13), which represents a $738 decrease compared to the previous 30 day period (March 15 - April 13) and ($1,653) 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 (April 14 - May 13) stood at 28.7%, down from 54.9% over the previous 30 days (March 15 - April 13) and down from 69.0% 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 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 41 days before being removed from the market upon being suspended or terminated.Listing contracted with Chestnut Park Real Estate Limited
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