126 Simcoe Street, Toronto, ON

$734,900
MLS#:C12440163
2 beds
2 baths
700-799 sqft
1.0 parking
Residential Condo & Other
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This listing is no longer active (Sold)

This property has been sold, leased, or taken off the market. You can view similar active listings below.

Property Highlights

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.

  • 2 Bedrooms and 2 Bathrooms
  • Generous living space spanning 700-799 sqft
  • 1.0 total parking spaces available with a convenient underground configuration
  • Notable attributes: Other
  • equipped with central air central cooling and highly efficient heat pump heating via other

Description

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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Key Features

Bedrooms
2
Bathrooms
2
Kitchens
1
Living Area
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateOctober 28, 2025
Sold price information is available to members only
Listed Date10/2/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionConcrete
BasementNone
CountyToronto
Annual Tax$3,860.92

Parking & Garage

Parking Spaces1.0
Garage TypeUnderground

Heating & Cooling

Heat SourceOther
Heat TypeHeat Pump
CoolingCentral Air

Features

Property Features

Hospital, Library, Public Transit, Arts Centre, School

Interior Features

Other

Security Features

Community Features

Location

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126 Simcoe Street, Toronto, ON
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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 126 Simcoe Street 507, Toronto C01, ON M5H 4E6

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.

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Interest Rate5.25%
Down Payment$48,490 (6.6%)
* Minimum Canadian down payment required for this price is $48,490.
Amortization Period25 Years
Estimated Monthly Payment$4,090Based on a loan of $686,410 over 25 years.
Purchase Price$734,900
Loan Amount$686,410
Provincial Land Transfer Tax:$11,173
Toronto Municipal Land Transfer Tax:$11,173
Total Estimated Closing Taxes:$22,346

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.

Nearby Listings

Distance:

No current listings found in Toronto.

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City & Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Waterfront Communities C1, Toronto.

Verified Local Data
City Population2,794,356
City Median Age39.2 Yrs
City Ownership48% Owners
Avg Area List Price$791,415

People & Families

Age Distribution

Household Composition

One-person households
32%
Families with children
36%
Couples without children
24%
Other households
8%

Top Ethnic Origins

Chinese11%
English9%
Canadian8%
East Indian8%

Local Schools Guide

Elementary Schools

Ogden
Public33 Phoebe Street, Toronto, Ontario, M5T 1A8
6.8
Jean Lumb
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
7.3
Bishop Macdonell
Public20 Brunel Court, Toronto, Ontario, M5V 3Y7
8.7
Ryerson
Public96 Denison Avenue, Toronto, Ontario, M5T 1E4
4.1
St Edward
PublicEdward Street, Toronto, Ontario, M5G 1E2
9.0

Secondary Schools

St. Mary’s
Catholic9 Portugal Square, Toronto, Ontario, M6J 2H2
4.9

Homes & Housing

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied48%
Rented52%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

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.