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    1509 - 126 Simcoe Street

    For SaleBoutique II Condos
    $588,000
    Price Cut: $715,000
    1 Bed
    1 Bath
    0 Parking
    506 SQFT
    23 Days on Strata
    Est Sell Timeframe
    25 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $1,162/sqft
    Maintenance Fees:
    $432/mth
    Taxes:
    $2,292 (2023)
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    June 1, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Building Insurance
    Excluded
    Hydro

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    Yes

    Room Dimensions

    Foyer
    Hardwood Floor, Double Closet
    12.66 x 5.18ft
    Living
    Hardwood Floor, Walkout To Balcony, Combined with Dining
    16.37 x 11.12ft
    Dining
    Hardwood Floor, Open Concept, Combined with Living
    16.37 x 11.12ft

    About this Listing

    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.

    chestnut park real estate limitedMLS® #C8272984


    Amenities

    Guest Suites
    BBQ
    Indoor Pool
    Rec Room
    Outdoor Pool
    Security System

    Nearby Amenities

    9/10
    Walkability
    Congratulations, you're the mayor of Walksville! Everything's at your doorstep.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    18,483
    Average Individual Income
    $71,628
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $108,396
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    Household Income
    Housing Types & Tenancy
    High Rise Apartment
    43%
    Semi Detached
    25%
    Detached
    24%
    Low Rise Apartment
    3%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    72%
    Mandarin
    13%
    Cantonese
    9%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    12%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    17%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    8%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    5%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Days on Strata

    Units at Boutique II Condos spend an average of
    28
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    6.6
    YEARS before being sold again

    Property Value

    -8%
    Decrease in property value within the past twelve months

    Price Ranking

    7th
    Highest price per SQFT out of 51 condos in the Queen West area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    42
    Units were Rented over the past twelve months

    Best Value Rank

    Boutique II Condos offers the
    ?
    best value out of 51 condos in the Queen West neighbourhood

    Appreciation Rank

    Boutique II Condos has the
    ?
    highest ROI out of 51 condos in the Queen West neighbourhood

    Rental Yield

    Boutique II Condos yields the
    ?
    highest rent prices out of 51 condos in the Queen West neighbourhood

    High Demand

    Boutique II Condos is the
    ?
    most popular building out of 51 condos in the Queen West neighbourhood

    Transaction Insights at 126 Simcoe Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$475,000$504,000 - $602,000No Data$698,000 - $895,888$1,390,000$925,000
    Avg. Cost Per Sqft$1,099$1,127No Data$940$874$1,085
    Avg. Wait for Unit Availability520 Days68 Days59 Days67 Days504 Days203 Days
    Ratio of Units in Building2%38%25%28%2%7%

    Maintenance Fees

    Boutique II Condos vs The Queen West Area

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