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    Toronto / Downtown / Queen West

    2809 - 126 Simcoe St

    For SaleBoutique II Condos
    $569,000
    1 Bed
    1 Bath
    0 Parking
    511 SQFT
    35 Days on Strata
    Est Sell Timeframe
    31 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $459/mth
    Taxes:
    $2,489 (2024)
    Cost Per Sqft:
    $1,114/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    South
    Possession Date:
    Immediately
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Hardwood Floor, Balcony
    16.7 x 11.84ft
    Dining
    Combined with Living, Hardwood Floor
    16.7 x 11.84ft
    Kitchen
    Granite Counter, Hardwood Floor
    16.7 x 11.84ft

    About this Listing

    *****The property owner has recently had the unit repainted and upgraded the lighting fixtures.*****Bright & Spacious 1 Bed Suite With Desk Area In 'Boutique 2' Condo, Located In The Heart Of Toronto's Financial And Entertainment District. Next To Shangri-La Hotel. 9' Ceiling! Open Concept! Sunny South Exposure! Unit In Higher Floor W/Unobstructed View To Lake And Cn Tower. Nicely Finished Wood Floors. Ensuite Laundry.24 Hours Security. Steps To St. Andrew Subway Station, Roy Thompson Hall, Ritz Carlton Hotel, Hospitals, King Street Bars And Restaurants.

    edojia realty inc.MLS® #C9378980

    Amenities

    Concierge
    Lap Pool
    Visitor Parking
    Party Room
    Rec Room
    Rooftop Deck

    Explore Neighbourhood

    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!

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    18,483
    Average Individual Income
    $71,628
    Average Household Size
    3 persons
    Average Age
    42
    Average Household Income
    $108,396
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    23%
    35 - 49
    20%
    50 - 64
    20%
    65+
    19%
    Household Income
    $0 - $30,000
    45%
    $30,000+
    23%
    $60,000+
    15%
    $90,000+
    10%
    $125,000+
    5%
    Housing Types & Tenancy
    High Rise Apartment
    43%
    Semi Detached
    25%
    Detached
    24%
    Low Rise Apartment
    3%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    72%
    Mandarin
    13%
    Cantonese
    9%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Urdu
    1%
    Korean
    1%
    Education
    University and Above
    43%
    High School
    21%
    College
    15%
    None
    12%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    17%
    Social Sciences
    12%
    Health & Related Fields
    10%
    Math & Computer Sciences
    8%
    Humanities
    6%
    Physical Sciences
    5%
    Education
    5%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Price Trends

    Maintenance Fees

    Boutique II Condos vs The Queen West Area

    Building Trends At Boutique II Condos

    Days on Strata

    Units at Boutique II Condos spend an average of
    37
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    3%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Queen West

    Turnover of Units

    On average, each unit is owned for
    6.5
    YEARS before being sold again

    Property Value

    -10%
    Decrease in property value within the past twelve months

    Price Ranking

    22nd
    Highest price per SQFT out of 47 condos in the Queen West area

    Sold Units

    10
    Units were Sold over the past twelve months

    Rented Units

    55
    Units were Rented over the past twelve months

    Best Value Rank

    Boutique II Condos offers the
    ?
    best value out of 47 condos in the Queen West neighbourhood

    Appreciation Rank

    Boutique II Condos has the
    ?
    highest ROI out of 47 condos in the Queen West neighbourhood

    Rental Yield

    Boutique II Condos yields the
    ?
    highest rent prices out of 47 condos in the Queen West neighbourhood

    High Demand

    Boutique II Condos is the
    ?
    most popular building out of 47 condos in the Queen West neighbourhood

    Transaction Insights at 126 Simcoe Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$504,000 - $602,000No Data$680,000 - $810,600$1,390,000$925,000
    Avg. Cost Per SqftNo Data$1,076No Data$1,028$874$1,085
    Avg. Wait for Unit Availability520 Days72 Days59 Days69 Days407 Days203 Days
    Ratio of Units in Building2%39%25%28%2%7%

    Transactions vs Inventory

    Total number of units listed and sold in Queen West