1520 - 140 Simcoe Street

Nestled in the vibrant heart of downtown Toronto, this chic 1-bedroom condo for sale in Toronto at 140 Simcoe Street, Toronto, presents an exceptional opportunity for both homebuyers and investors alike. Located within the esteemed University Plaza Condos, this boutique residence sits at the prime intersection of Richmond St W and University Ave, placing you right in the midst of Toronto's bustling Financial, Entertainment, and Fashion Districts.

As you step into this well-designed condo, you’ll immediately appreciate the functional layout that has been thoughtfully crafted to maximise space and comfort. The unit features a generous 1-bedroom and a well-appointed bathroom, making it an ideal choice for singles or couples seeking a stylish urban retreat. The living space comprises a total of four rooms, including a spacious U-shaped kitchen that is perfect for culinary enthusiasts. This kitchen boasts elegant granite countertops, ample cabinetry, and full-size stainless steel appliances, making it both practical and aesthetically pleasing.

Recent upgrades enhance the modern appeal of this condo for sale in Toronto. You’ll find new vinyl flooring that adds a contemporary touch, alongside a striking black marble backsplash complemented by a matching faucet and cabinet knobs. The addition of new window blinds and fresh paint throughout the unit further elevates its polished feel, ensuring that it is move-in ready for its next owner.

One of the standout features of this condo is the open-concept living and dining area, which flows seamlessly onto a covered balcony. Here, you can unwind while enjoying a peaceful view of the neighbouring condo's rooftop patio garden—an ideal spot for relaxation after a busy day in the city. The bedroom is generously sized and features large windows that allow for an abundance of natural light, creating a warm and inviting atmosphere.

In terms of amenities, this condo for sale in Toronto truly excels. Residents benefit from a 24-hour concierge service, ensuring that assistance is always at hand. The building also boasts a well-equipped gym, a party room for social gatherings, and a rooftop terrace that offers stunning views of the city skyline. Additionally, this pet-friendly residence is perfect for those who wish to share their home with furry companions.

Location is everything, and this property does not disappoint. With a remarkable 100 Transit and Walk Score, you’ll find yourself just steps away from Osgood and St. Andrew subway stations, as well as the Queen and King streetcars. The Path, a network of underground pedestrian walkways, is easily accessible, providing a convenient route to various attractions, including the University of Toronto, Eaton Centre, Rogers Centre, TIFF Lightbox, CN Tower, and an array of top-tier restaurants.

While the condo does not include a garage space or parking, the unparalleled access to public transport and the vibrant urban environment makes it an excellent choice for those who prefer to explore the city on foot or via transit.

In summary, this chic 1-bedroom condo for sale in Toronto at 140 Simcoe Street, Toronto, offers a unique blend of style, convenience, and modern living. Whether you are an end-user looking for a new home or an investor seeking a valuable property in a prime location, this condo is sure to meet your needs. Don’t miss out on the opportunity to own a piece of Toronto’s dynamic lifestyle. A 360-degree virtual tour is available for those interested, and it’s worth noting that both the tour and photos have been virtually staged to showcase the potential of this lovely space. Come and see for yourself what makes this condo for sale in Toronto such a remarkable find!

Waterfront Communities C1 is a vibrant and dynamic area located along the shores of Lake Ontario in Toronto, offering a unique blend of urban living and natural beauty. This waterfront enclave is characterised by its modern high-rise condominiums, lush parks, and scenic promenades, providing residents with stunning views of the lake and the city skyline. The neighbourhood boasts a rich array of amenities, including trendy restaurants, cultural attractions, and recreational facilities, making it an ideal spot for those who appreciate a lively atmosphere combined with the tranquility of waterfront living. With excellent public transport links and a strong sense of community, Waterfront Communities C1 is an attractive option for anyone looking to immerse themselves in the heart of Toronto's bustling lifestyle while enjoying the serenity of lakeside living.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. The closest option is Ogden Junior Public School, just 0.7 km away, which offers grades JK to 6 and has a solid school rating of 7.6. Additionally, Beverley School and Kapapamahchakwew - Wandering Spirit School are within 1.0 km and 0.9 km, respectively, providing options for grades JK to 8 and 9 to 12, although their ratings are currently unlisted. Ryerson Community School, located 1.3 km away, offers a French curriculum for grades JK to 8, with a lower rating of 3.8. For those interested in Catholic education, St. Michael Catholic School (1.4 km) and St. Joseph's College School (1.7 km) offer grades JK to 8 and 9 to 12, respectively, with ratings of 7.1 and 7.6. Lastly, St. Mary Catholic School, 1.5 km away, provides a French program for grades JK to 4, rated at 5.7. Overall, this area boasts a diverse range of schooling options, catering to various educational preferences and needs.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small, vibrant community with a population of 3,025 residents as of 2021. The average household consists of 1.5 individuals, with a predominant single population at 62.8%. The average age is 32.4 years, indicating a relatively young demographic. The average household income stands at $116,400, though 16.8% of the population is classified as low-income. Housing is primarily in the form of condominiums, which make up 99.24% of the housing stock, with an average property price of $854,000. A significant portion of the community, 64.05%, are renters, reflecting the area's appeal to transient or younger populations. Families with children represent 20.72% of households, while immigrants constitute a notable 39.61% of the population, contributing to the area's cultural diversity. Additionally, a high percentage of residents, 87.46%, have attained a college or university education, highlighting the community's emphasis on education. However, 13.9% of the population is not actively participating in the labor force, suggesting potential opportunities for workforce engagement. Overall, this area presents a dynamic mix of young professionals, diverse backgrounds, and a strong educational foundation.