126 Simcoe St 2809
Waterfront Communities C1, Downtown Toronto, M5H 4E6
FOR SALE
$569,000
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Property Description
*****The property owner has recently had the unit repainted and upgraded the lighting fixtures.*****Bright & Spacious 1 Bed Suite With Desk Area In 'Boutique 2' Condo, Located In The Heart Of Toronto's Financial And Entertainment District. Next To Shangri-La Hotel. 9' Ceiling! Open Concept! Sunny South Exposure! Unit In Higher Floor W/Unobstructed View To Lake And Cn Tower. Nicely Finished Wood Floors. Ensuite Laundry.24 Hours Security. Steps To St. Andrew Subway Station, Roy Thompson Hall, Ritz Carlton Hotel, Hospitals, King Street Bars And Restaurants.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-11 | 2024-10-02 | 21 | $499,000 | - | Terminated |
| 2024-07-29 | 2024-09-11 | 44 | $595,000 | - | Terminated |
| 2024-06-28 | 2024-07-29 | 31 | $628,000 | - | Terminated |
| 2019-03-12 | 2019-08-11 | 153 | $625,000 | $623,000 | Sold |
Nearby Intersections
Property Features
Clear View, Hospital, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,489 (2024)
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 |
|---|---|---|---|
| Living | Main | 11.84' x 16.70' | Combined W/Dining, Hardwood Floor, Balcony |
| Dining | Main | 11.84' x 16.70' | Combined W/Living, Hardwood Floor |
| Kitchen | Main | 11.84' x 16.70' | Granite Counter, Hardwood Floor |
| Prim Bdrm | Main | 8.76' x 10.83' | Hardwood Floor, Closet Organizers, South View |
| Foyer | Main | 4.92' x 9.74' | Hardwood Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
126 Simcoe St 2809 is a 1-bedroom 1-bathroom condo listed for sale at $569,000, which is $236 (0.0%) lower than the average sold price of $569,236 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $1,563 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $22,277 (3.8%) from the same time one year ago.Inventory Change
There were 1,261 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 7.8% compared with the previous 30 day period (September 21 - October 20) and up 2.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,859) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $855 increase compared to the previous 30 day period (September 21 - October 20) and ($13,197) more 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 (October 21 - November 19) stood at 49.5%, up from 37.0% over the previous 30 days (September 21 - October 20) and up from 31.6% 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 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Edojia Realty Inc.
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