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Copyright © 2026 The Canadian Home Realty Inc.
  • Ontario
  • Toronto
  • Waterfront Communities C1
  • 126 Simcoe Street
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  • Sold Sold in Oct 2025
  • Condo Apt

507 - 126 Simcoe Street

Toronto, Waterfront Communities C1
  • 2 Bedrooms
  • 2 Bathrooms
  • 1 Garage
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Sold Price: $ 700,000
4.75%
Listed Price: $ 734,900
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Key Facts About 507 - 126 Simcoe Street, Toronto

  • Tax $3,861 / 2025
  • Property Type Condo
  • Building Type Condo Apt
  • Building Style Apartment
  • Maintenance Fees $736.35
  • Size 700 - 799 feet²
  • Listing # C12440163
  • Data Source PROPTX
  • Days on Market 25
  • Listed On 02/10/2025
  • Updated On 28/10/2025
  • Market Demand
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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 upgr

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Property Details of 507 - 126 Simcoe Street, Toronto

Property

  • Property Type Condo Apt
  • Style Apartment
  • Community Waterfront Communities C1
  • Municipality Toronto

Inside

  • Bedrooms 2
  • Bathrooms 2
  • Bathroom Details 1, 4pc Flat
  • Bathroom Details 1, 3pc Flat
  • Kitchen 1
  • Rooms 5
  • Family Rooms N
  • Central Vac N
  • Fireplace N

Utilities

  • Cooling Central Air
  • Heating Type Heat Pump
  • Heating Fuel Other

Building

  • Size 700 - 799 feet²
  • Architecture Style Apartment
  • Exterior Feature Concrete
  • Amenities Concierge, Gym, Guest Suites, Rooftop Deck/Garden, Visitor P...View More

Parking

  • Drive Way Underground
  • Garage Type Underground
  • Garage 1
  • Total Parking Places 1

Land

  • Cross Street University Avenue & Adelaide Street West

Features

  • Hospital Y
  • Library Y
  • Public Transit Y
  • Arts Centre Y
  • School Y

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Our Estimate

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Estimated Rent

$ 3,923

Rental Yield

5.83%

School Score

7.8/10

Rental Score

5/5

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Rooms

Living Room (3.71X3.35 metre)
Level: Flat
Dining Room (3.71X3.35 metre)
Level: Flat
Kitchen (3.45X2.9 metre)
Level: Flat
Primary Bedroom (3.66X3.15 metre)
Level: Flat
Bedroom 2 (2.79X2.92 metre)
Level: Flat

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Expense Breakdown

Monthly Mortgage Payment

$0/monthly

30 Year , 3.99% interest

Cash Expenditure for Home Purchase

$1,100

  • Downpayment
    $0
  • PST on Mortgage Insurance
    $0
  • Land Transfer Tax
    $0
  • Lawyer Fees
    $1,000
  • Title Insurance
    $0
  • Estoppel Certificate Fee
    $100

Monthly Expenses After Home Purchase

$1,305

  • Mortgage Payment
    $0
  • Property Insurance
    $50
  • Property Tax
    $250
  • Phone
    $40
  • Monthly debt payments
    $0
  • Cable
    $60
  • Utilities
    $124
  • Internet
    $45
  • Maintenance Fees
    $736
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MLS® Trusted listing from Toronto Real Estate Board The trademarks MLS®, Multiple Listing Service® and the associated logos identify professional services rendered by REALTOR® members of CREA to effect the purchase, sale and lease of real estate as part of a cooperative selling system.

Copyright:© The Canadian Home Realty Inc. All rights reserved. The Canadian Home Realty Inc is a registered real estate brokerage.

About 507 - 126 Simcoe Street, Toronto

Welcome to your dream condo for sale in Toronto , located at the prestigious address of 126 Simcoe Street, Toronto. This superb and spacious two-bedroom apartment boasts a split floor plan layout, ensuring privacy and comfort with two full bathrooms. Nestled in the vibrant Waterfront Communities C1 area, this condo is surrounded by the very best that downtown Toronto has to offer.

As you step into this delightful abode, you’ll immediately notice the large primary bedroom, which is generously sized to accommodate a king-sized bed. It features a luxurious four-piece ensuite bathroom and an expansive walk-in closet, perfect for all your storage needs. The second bedroom is equally impressive, comfortably fitting a queen-sized bed and equipped with a good-sized closet. This room is conveniently located near the second three-piece bathroom, which features a spacious shower, making it ideal for guests or family.

The heart of this condo for sale in Toronto is its impressive living space, which includes two walk-outs to a balcony that spans the entire width of the suite. Imagine sipping your morning coffee or enjoying an evening glass of wine while taking in the stunning views of the city from your private outdoor space. The condo has undergone numerous upgrades by the current owner, including fresh paint throughout, brand new kitchen cabinet doors and drawer fronts, and two new bathroom vanity door fronts. You’ll also find a new LG stainless steel dishwasher and an LG microwave hood fan, along with two American Standard toilets that enhance the modern feel of the home. The builder's original interior doors have been replaced with stylish swing doors, adding a touch of elegance to the space.

The building itself is a concrete structure, providing durability and a modern aesthetic. With central air conditioning to keep you cool during those hot summer months, this condo is designed for comfort. Although there is no pool or fireplace, the amenities available are nothing short of fabulous. Residents can enjoy a range of features, including a concierge service, a fully equipped gym, two guest suites for visitors, a theatre, a games room, a party room, and a rooftop terrace where you can unwind and take in the breathtaking skyline of Toronto.

Parking is a breeze with one owned underground parking space, and an additional owned locker completes this fantastic offering. The location at 126 Simcoe Street, Toronto, is truly unbeatable. You’ll find yourself just steps away from the Financial District and the Entertainment District, making it easy to access the city’s vibrant nightlife and cultural venues. Nearby attractions include the Four Seasons Centre for the Performing Arts, Roy Thomson Hall, and the Art Gallery of Ontario, ensuring you’ll never run out of things to do.

Shopping enthusiasts will be delighted to know that the Toronto Eaton Centre, St. Lawrence Market, and Queen Street West are all within easy reach. For those pursuing education, Toronto Metropolitan University and OCAD University are just a stone’s throw away. Sports fans will appreciate the proximity to Scotiabank Arena and Rogers Centre, where you can catch your favourite games and events.

Moreover, this condo for sale in Toronto is conveniently located next to the Osgoode and St Andrew subway stations, providing easy access to public transport. The Gardiner Expressway is also nearby, making it simple to navigate the city and beyond.

In summary, this stunning condo for sale in Toronto at 126 Simcoe Street, Toronto, is a perfect blend of luxury, convenience, and modern living. With its spacious layout, impressive amenities, and prime location, it truly represents the best of urban living in one of Canada’s most vibrant cities. Don’t miss out on the opportunity to make this exceptional property your new home!

Waterfront Communities C1, nestled along the picturesque shores of Lake Ontario in Toronto, is a vibrant and dynamic neighbourhood that seamlessly blends urban living with natural beauty. This area boasts a stunning waterfront promenade, offering residents easy access to parks, recreational activities, and scenic views of the lake. The community is characterised by its modern high-rise condominiums, trendy shops, and a diverse array of dining options, making it a hub for both young professionals and families. With excellent public transport links and proximity to the downtown core, Waterfront Communities C1 provides an ideal setting for those seeking a lively yet tranquil urban lifestyle, all while enjoying the refreshing allure of lakeside living.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, catering to a range of grades and learning preferences. The closest option is Ogden Junior Public School, just 0.7 km away, offering elementary education from JK to grade 6 with a solid school rating of 7.6. Another nearby public school is Beverley School, located 1.0 km away, serving grades JK to 8, though it currently lacks a school rating. For older students, Kapapamahchakwew - Wandering Spirit School is 0.9 km away, providing education for grades 9 to 12, but also has no rating. Ryerson Community School, 1.3 km from the property, offers French instruction for grades JK to 8, with a lower rating of 3.8. In terms of Catholic education, St. Michael Catholic School is 1.4 km away, rated 7.1, while St. Joseph's College School, 1.7 km away, serves grades 9 to 12 with a rating of 7.6. Additionally, St. Mary Catholic School, located 1.5 km away, offers French education for younger students with a rating of 5.7. This diverse selection of schools provides excellent options for families considering this property.

Key Statistics of the Neighbourhood

The area surrounding the property has a population of 3,025 residents, with an average household size of 1.5 individuals. The demographic is relatively young, with an average age of 32.4 years. The average household income stands at a robust $116,400, although 16.8% of the population is classified as low-income. The housing market reflects high demand, with an average property price of $854,000. A significant portion of the community, 62.8%, is single, while households with children make up 20.72% of the population. The area is notably diverse, with immigrants comprising 39.61% of residents. Renters dominate the housing landscape, accounting for 64.05% of the population, and a staggering 99.24% of the housing stock consists of condominiums. Educational attainment is high, with 87.46% of residents holding a college or university degree. Additionally, 13.9% of the population is not participating in the labor force, indicating a mix of working and non-working residents. This demographic profile suggests a vibrant, youthful community with a strong emphasis on education and a significant proportion of renters, making it an attractive area for potential investment or residency.

FAQs About 507 - 126 Simcoe Street, Toronto

How many bathrooms does this property have?

This property features 2 bathroom(s) and 2 bedroom(s).

Does this 2 bedroom property have additional bedrooms or a den?

This Condo Apt property does not have an additional bedroom or a den.

What is the square footage (sqft) of this Condo Apt property?

The total square footage of this Condo Apt 2 bed property in Toronto is 700 - 799.

How many parking spaces are available with this property?

There are no parking spaces available with this property.

How many cars can be parked in the garage of 126 Simcoe Street?

This property features a garage with space for 1 cars.

What type of garage does this property have?

This property includes an Underground garage with space for 1 cars.

Does this property have a basement?

There is no basement in this property.

What type of basement is it?

Information about basement type is not available.

Does this property have a swimming pool?

It is not specified whether this property has a swimming pool.

Does this property have a fireplace?

There is no fireplace in this property.

How many kitchens does this property have?

This property includes 1 kitchen(s).

Is there a maintenance fee associated with this property?

Yes, it has an annual maintenance fee of $736.35.

Is this property furnished?

Information about whether this property is furnished is not available.

What type of heating system is in place?

The heating system in place is a Heat Pump.

What utilities are available for this property?

Information about utilities is not available.

School Rating for 507 - 126 Simcoe Street, Toronto

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Listing History

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