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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $734,900 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
This is a superb & spacious 2 bedroom split floor plan layout with 2 full bathrooms in prime downtown Toronto surrounded by the best that the City has to offer. The large primary bedroom can accommodate a king sized bed and features a 4-piece ensuite bathroom and a large walk-in closet. The second bedroom is big enough for a queen sized bed with a good sized closet and is conveniently located near the second 3-piece bathroom with a spacious shower. There are 2 walk-outs to the balcony which spans the entire width of the suite. Numerous upgrades have been completed by the current owner including freshly painted throughout, brand new kitchen cabinet doors & drawer fronts, 2 brand new bathroom vanity door fronts, new LG stainless steel dishwasher & LG microwave hood fan and 2 American Standard toilets, replaced the builder's original interior doors with stylish swing doors, laminate flooring, recessed pot lights, and closet organizers. The setting is ideal and is located steps to the Financial District, Entertainment District, Hospital Row, cultural venues (Four Seasons Centre for the Performing Arts, Roy Thomson Hall, & the Art Gallery of Ontario), amazing shopping (Toronto Eaton Centre, St. Lawrence Market & Queen Street West), educational establishments (Toronto Metropolitan University & OCAD University), sporting settings (Scotiabank Arena & Rogers Centre), and the underground PATH pedestrian walkway linking 30 kilometres of office towers, hotels, shopping, restaurants, and transit stations. Located across the street from the luxury 5-star Shangri-La Hotel. Nestled next to the Osgoode and St Andrew subway stations with handy access to the Gardiner Expressway. There are fabulous condo amenities including a concierge, a fully equipped gym, 2 guest suites, theatre, games room, party room, and rooftop terrace. 1 owned parking & 1 owned locker completes this fantastic offering.
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Hospital, Library, Public Transit, Arts Centre, School
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Data-driven valuation for 126 Simcoe Street 507, Toronto C01, ON M5H 4E6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $734,900 in Toronto, the legal minimum down payment is $48,490 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $11,173 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $11,173 also applies, bringing the total estimated land transfer taxes to $22,346.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.