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    1520 - 140 Simcoe St

    $599,0001 bd1 ba0 pk603 sqft
    20 Days on Strata
    Est Sell Timeframe:
    17 Days
    $599,000
    1 Bed
    1 Bath
    0 Parking
    603 SQFT

    Listing History


    Unit Highlights

    Property Type:

    Condo

    Maintenance Fees:

    $521/mth

    Taxes:

    $2,554 (2024)

    Cost Per Sqft:

    $993/sqft

    Outdoor Space:

    Balcony

    Locker:

    Exclusive

    Exposure:

    North West

    Possession Date:

    April 25, 2025

    Amenities

    BBQs Allowed
    Rec Room
    Indoor Parking
    Security System
    Sauna
    Concierge
    Games Room
    Party Room
    Rooftop Deck
    Bike Storage
    Gym Room
    Visitor Parking

    About this Listing

    Chic 1-Bedroom Condo with Functional Layout in the Heart of Downtown Prime Location! Welcome to University Plaza Condos, a boutique residence at Richmond & Simcoe, ideally located in Torontos Financial, Entertainment, and Fashion Districts! This well-designed 1-bedroom unit offers a functional layout, with recent upgrades including new vinyl flooring, new black marble backsplash with a matching faucet and cabinet knob, new window blinds, and fresh paint throughout, giving the space a modern and polished feel. The spacious U-shaped kitchen features granite countertops, ample cabinetry, and full-size stainless steel appliances. The open-concept living/dining area flows seamlessly to a covered balcony, offering a peaceful view of the neighboring condo's rooftop patio garden. The bedroom includes large windows, providing ample natural light. Enjoy unparalleled convenience with a 100 Transit & Walk Score! Just steps from Osgoode & St. Andrew subway stations, Queen & King streetcars, The Path, U of T, Eaton Centre, Rogers Centre, TIFF Lightbox, CN Tower, and top-tier restaurants. Building amenities include 24-hour concierge, a gym, a party room, and a rooftop terrace. Pet-friendly and move-in readyideal for both end-users and investors! ***A 360-degree virtual tour is available, and both the tour and photos are virtually staged.***

    ExtrasExisting light fixtures and blinds included. All appliances are sold as-is, including the fridge, cooktop, oven, dishwasher, built-in microwave with range hood, washer, and dryer.

    homelife new world realty inc.MLS® #C12027572

    Fees & Utilities

    Maintenance Fees

    Included in Fees
    Heat
    Water
    Building Maintenance
    Building Insurance
    Not Included
    Hydro
    Air Conditioning

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Living

    Open Concept, Large Window, Walkout To Balcony

    17.59 x 12.04ft

    Dining

    Open Concept, Combined with Living

    17.59 x 12.01ft

    Kitchen

    Tile Floor, Window, Backsplash

    7.61 x 7.81ft

    Bedroom

    Window, Closet, carpet free

    12.01 x 7.58ft

    Bathroom

    3 Piece Bath

    7.81 x 6.69ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

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    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!

    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%


    Days on Strata

    Units at University Plaza Condos spend an average of
    29
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    6%
    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
    6.7
    YEARS before being sold again

    Property Value

    -1%
    Decrease in property value within the past twelve months

    Price Ranking

    N/A
    Highest price per SQFT out of 52 condos in the Queen West area

    Sold Units

    1
    Units were Sold over the past twelve months

    Rented Units

    14
    Units were Rented over the past twelve months

    Best Value Rank

    University Plaza Condos offers the
    ?
    best value out of 52 condos in the Queen West neighbourhood

    Appreciation Rank

    University Plaza Condos has the
    ?
    highest ROI out of 52 condos in the Queen West neighbourhood

    Rental Yield

    University Plaza Condos yields the
    ?
    highest rent prices out of 52 condos in the Queen West neighbourhood

    High Demand

    University Plaza Condos is the
    ?
    most popular building out of 52 condos in the Queen West neighbourhood

    Market Insights

    Transaction Insights at University Plaza Condos

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo DataNo Data$660,000No DataNo Data
    Avg. Cost Per SqftNo DataNo Data$1,073No DataNo Data
    Avg. Wait for Unit Availability245 Days85 Days184 Days226 Days628 Days
    Ratio of Units in Building13%40%24%19%7%

    Market Inventory

    Total number of units listed and sold in Queen West


    The information on this website is taken from sources deemed reliable. However, the accuracy cannot be guaranteed and it is the responsibility of the website user to personally verify all information. The property information herein is derived from various sources that may include, but are not limited to, municipal records and the Multiple Listing Service, and may include approximations.

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