Skip to main
Go Back
Strata Logo

    516 - 51 Lower Simcoe Street

    For SaleInfinity II Condos
    $699,888
    1 Bed + 1
    1 Bath
    1 Parking
    622 SQFT
    33 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $1,125/sqft
    Maintenance Fees:
    $577/mth
    Taxes:
    $2,645 (2023)
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    June 7, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Excluded
    Hydro

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Fan Coil
    Ensuite Laundry
    Yes

    Room Dimensions

    Kitchen
    Stainless Steel Appliances, Granite Counter, Breakfast Bar
    9.12 x 8.79ft
    Den
    Laminate, Track Lights, L-Shaped Room
    9.51 x 6.63ft
    Living
    Laminate, Walkout To Balcony, Combined with Dining
    17.52 x 10.5ft

    About this Listing

    Indulge in the epitome of urban living within this meticulously kept 622sf 1-bedroom plus den condo, offering an iconic panorama of Toronto's skyline from both within and the private balcony. The sizeable bedroom easily fits a king-size bed, while the adaptable den serves as an ideal home office or storage area. The thoughtfully designed kitchen boasts a breakfast counter, stainless steel appliances, and abundant cupboard space. A luminous and immaculate 4-piece bathroom adds to the charm. Also included are a parking spot and locker. Revel in access to superb amenities like a gym, indoor pool, exquisite rooftop terrace with BBQs, and 24-hour concierge. Explore Toronto's stunning waterfront via kilometers of bike lanes or stroll into the heart of the city for leisurely window shopping.

    ExtrasBoasting Walk Score of 98, Bike Score of 87 & Transit Score of 100, this condo offers access to the subway & The Path. Enjoy unparalleled urban convenience steps from Scotiabank Arena, Rogers Centre, vibrant nightlife & essential amenities.

    rare real estateMLS® #C8191054


    Amenities

    Media Room
    BBQ
    Indoor Parking
    Sauna
    Party Room
    Guest Suites

    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
    46,209
    Average Individual Income
    $71,441
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $121,921
    Dominant Housing Type
    Detached
    Population By Age
    Household Income
    Housing Types & Tenancy
    Detached
    49%
    High Rise Apartment
    22%
    Semi Detached
    14%
    Low Rise Apartment
    8%
    Duplex
    5%
    Marital Status
    Commute
    Languages (Primary Language)
    English
    65%
    Other
    14%
    Mandarin
    10%
    Cantonese
    8%
    Spanish
    1%
    Tagalog
    1%
    Tamil
    1%
    Education
    University and Above
    34%
    High School
    25%
    College
    16%
    None
    16%
    Apprenticeship
    3%
    University Below Batchelor
    2%
    Major Field of Study
    Business Management
    24%
    Architecture & Engineering
    21%
    Health & Related Fields
    11%
    Social Sciences
    11%
    Math & Computer Sciences
    7%
    Humanities
    5%
    Physical Sciences
    5%
    Education
    5%
    Personal, Protective & Transportation Services
    3%
    Visual & Performing Arts
    3%
    Agriculture & Natural Resources
    1%

    Days on Strata

    Units at Infinity II Condos spend an average of
    12
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    100%
    of the list price.
    Or in other words, the
    entire 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
    7.2
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    9th
    Highest price per SQFT out of 42 condos in the City Centre area

    Sold Units

    9
    Units were Sold over the past twelve months

    Rented Units

    17
    Units were Rented over the past twelve months

    Best Value Rank

    Infinity II Condos offers the
    ?
    best value out of 42 condos in the City Centre neighbourhood

    Appreciation Rank

    Infinity II Condos has the
    ?
    highest ROI out of 42 condos in the City Centre neighbourhood

    Rental Yield

    Infinity II Condos yields the
    ?
    highest rent prices out of 42 condos in the City Centre neighbourhood

    High Demand

    Infinity II Condos is the
    ?
    most popular building out of 42 condos in the City Centre neighbourhood

    Transaction Insights at 51 Lower Simcoe Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$590,000 - $590,101$615,000 - $720,200$930,000$999,999$952,000
    Avg. Cost Per SqftNo Data$1,064$993$1,084$1,162$990
    Avg. Wait for Unit AvailabilityNo Data116 Days145 Days163 Days242 Days631 Days
    Ratio of Units in Building1%35%30%19%16%1%

    Maintenance Fees

    Infinity II Condos vs The City Centre Area

    Similar Listings

    Recently Viewed Listings