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New3 hours ago

607 - 126 Simcoe Street

Waterfront Communities C1, Toronto

$659,000

Condo Apartment |
2 | 2 | 1 | 1
About this home

Downtown core VACANT , move-in ready 2 bedroom, 2 bath condo (as per floor plan total 843 sq ft = 761 sq ft/unit + 82 sq ft/balcony) at a prime location, University/Adelaide. INCLUDED OWNED both PARKING and LOCKER. Locker and parking are near each other and both right beside the elevator lobby. 24/7 concierge. COMPARE: At This Price, Builders Today Offer Only a 1-Bedroom. Here: 2 Bed, 2 Bath, OWNED PARKING, OWNED LOCKER. WELL-POSITIONED VALUE IN TORONTO'S DOWNTOWN CORE WITH FLEXIBLE CLOSING. Sought-after split-bedroom layout: primary bedroom with ensuite full washroom and walk-in closet; 2nd bedroom with large closet and ensuite full washroom. See the posted floor plan and explore the online unit tour. Entryway separates the living space from the front door. Quiet side street exposure. Easy stair access and no long elevator waits. Recessed balcony with a solid concrete base - added privacy and peace of mind for families, plus practical space for seating or storage and year-round shelter from sun, wind, rain, and snow. Rabba groceries downstairs, open 24/7. Steps from the Shangri-La Hotel, where you can enjoy live music in the lobby by the fireplace. Residents enjoy exclusive rooftop and ground-floor amenities: two gyms, yoga studio, steam room, jacuzzi, rooftop party room with fireplace and billiards, movie theatre, outdoor plunge pool, cabanas, BBQs, tanning deck, guest suites, and visitor parking. Walk Score 100 in the heart of the Financial and Entertainment districts. PATH, St. Andrew, and Osgoode stations about 5 minutes away; Union Station under a 20-minute walk. Close to hospitals, University of Toronto, Roy Thomson Hall, City Hall skating, theatres, restaurants, the lakefront, aquarium, and Rogers Centre. SEE THE POSTED FLOOR PLAN AND EXPLORE THE ONLINE Vitrual UNIT TOUR.

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Milad Momtaz Azad
Milad Momtaz Azad
(647) 510-8858
Julian Kashani
Julian Kashani
(416) 837-7775
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size700-799 sq. ft.
Maintenance Fees$776
LockerOwned
BalconyEnclosed
ExposureNorth
Parking TypeUnderground
Parking Spaces1
Parking FeaturesUnderground
Property Tax$3,929
mls© NumberC13661418
Listed ByUPPERSIDE REAL ESTATE LIMITED
CAC Included
Common Elements Included
Heat Included
Building Insurance Included
Parking Included
Water Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,373
Property tax
$327
Heat allowance
$150
Condo fees, half counted
$388
Housing costs
$4,239 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $131,800
25-yr amortization

Income needed

$130,000

gross annual household income

Payment at 4%
$2,773 / mo
Cash down
$131,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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