126 Simcoe Street, Toronto, ON
Property Highlights
Welcome to this remarkable Apartment common element condo located in the coveted neighborhood of Waterfront Communities C1. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $400,000 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.
- 1 Bedroom and 1 Bathroom
- Generous living space spanning 500-599 sqft
- 0.0 total parking spaces available
- Notable attributes: Other
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Step into an exceptional urban lifestyle in the heart of Toronto's prestigious Financial and Entertainment District. Situated directly across from the iconic Shangri-La, this residence places you steps from the subway, PATH system, world-class theatres, Roy Thomson Hall, and an endless selection of acclaimed restaurants-truly one of the city's most coveted addresses. This thoughtfully designed one-bedroom suite offers 523 sq. ft. of well-appointed living space plus an 83sq. ft. private balcony, perfect for enjoying city views. The open-concept kitchen and living area create a seamless flow ideal for both everyday living and entertaining. Residents enjoy premium amenities including a fully equipped gym, steam room, jacuzzi, guest suites, and an exclusive 16th-floor rooftop retreat featuring BBQs and a plunge pool-your private escape above the city. Whether you're a professional, investor, or urban enthusiast, this is a rare opportunity to own in a prime downtown location where convenience, luxury, and lifestyle come together. Make this exceptional home yours today.
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Arts Centre, Hospital, Park, Place Of Worship, Public Transit
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Property History
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This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 126 Simcoe Street 1609, Toronto C01, ON M5H 4E6
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $400,000 in Toronto, the legal minimum down payment is $20,000 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 $4,475 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $4,475 also applies, bringing the total estimated land transfer taxes to $8,950.
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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.
