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    168 Simcoe Street

    Qwest
    0for Sale
    3for Rent

    Building Highlights

    Property Type:

    Condo

    Number of Storeys:

    13

    Number of Units:

    207

    Condo Completion:

    2000

    Condo Demand:

    Medium

    Unit Size Range:

    551 - 1,479 SQFT

    Unit Availability:

    Low

    Amenities

    Media Room
    Rooftop Deck
    Security System
    Sauna
    Rec Room
    Gym Room
    Visitor Parking
    Indoor Parking
    Games Room
    Party Room
    Concierge

    About 168 Simcoe StreetQwest

    At 168 Simcoe St, Qwest enjoys one of the best locations in downtown Toronto because it’s only seconds away from Osgoode station, as well as being in the coveted Queen West neighbourhood. This area is perfect if you’re looking to experience the big city lifestyle that includes living close to schools, employment, nightlife, and more.

    This building’s exterior is clad with concrete, brick, and glass, which helps it blend in well with its surrounding neighbourhood. It’s typical of post 2000’s condos with its design and its open concept layouts.

    The Suites

    Qwest stands at 13 storeys, and its exterior is clad in concrete, brick, and glass. There are a variety of different floor plans here, with their square footage ranging from 552 to 1,888 square feet. They start at one-bedroom units, and extend to two-bedroom plus den suites. Many of the larger suites are equipped with two bathrooms, making these Queen West condos for sale a perfect fit for either small families or those who want to live with a roommate.

    The condos at 168 Simcoe St are equipped with some great amenities that make life a whole lot more convenient. You’ll never have to worry about a gym membership due to the comprehensive exercise room on the premises. There’s also a sauna that you can use to relax after your workout.

    One of the best features in this building is the communal terrace on its rooftop. This is where you’ll be coming to unwind after work during the warmer months of the year.

    The Neighbourhood

    168 Simcoe St is in the Queen West neighbourhood, which is one of the richest and most sought after regions in town. It’s filled with public amenities that attract visitors from all across the GTA, and it’s also close to the Entertainment District where you can always go to catch a Jays game.

    Queen West is widely regarded as the coolest street in the city. This corridor is packed with trendy restaurants that are always vying to be the new hot spot in town. It also has an amazing array of clothing stores. Whether you’re looking for high-end fashion boutiques or low key vintage stores, Queen West is where you’ll want to go.

    Qwest could also be a great fit for the young professional due to its proximity to the Financial District, which is Canada’s major economic driver. All of the country’s major banks have an office in the Financial District, and it’s also the location of the Toronto Stock Exchange. If you’re a finance professional, work could only be a few minutes away.

    Transportation

    If you choose Qwest as your next home, you’ll have Osgoode Station right at your back door. Osgoode is part of Line 1 Yonge-University, which loops around the Financial District, and stretches up to North York. You can also transfer at St. George Station, which is only a few stops away.

    If you’re looking to use public transit to travel in the downtown core, your best bet is the 501 Queen streetcar, which travels down all of Queen Street. It’s capable of taking you to the western reaches of downtown, as well as across the bridge to Queen East and the vibrant Leslieville neighbourhood.

    Drivers living at 168 Simcoe St will also enjoy the convenience of the nearby Gardiner Expressway. You just have to go a few blocks southward on Simcoe to get onto the Gardiner, and from there you can connect to other major highways like the Queen Elizabeth Way and the Don Valley Parkway.

    Maintenance Fees

    Included in Fees
    Water
    Not Included
    Hydro
    Heat
    Air Conditioning

    Listing History for Qwest

    Apr 04, 202563 days on Strata
    expired

    $609,000
    510 - 168 Simcoe St
    1 + 1
    1
    0
    736 Sqft
    View
    Mar 29, 202552 days on Strata
    terminated

    $2,550
    1122 - 168 Simcoe St
    1
    1
    1
    629 Sqft
    View
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    10/10
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    7/10
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    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 Qwest spend an average of
    27
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    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
    5.2
    YEARS before being sold again

    Property Value

    -22%
    Decrease in property value within the past twelve months

    Price Ranking

    33rd
    Highest price per SQFT out of 52 condos in the Queen West area

    Sold Units

    4
    Units were Sold over the past twelve months

    Rented Units

    12
    Units were Rented over the past twelve months

    Best Value Rank

    Qwest offers the
    ?
    best value out of 52 condos in the Queen West neighbourhood

    Appreciation Rank

    Qwest has the
    ?
    highest ROI out of 52 condos in the Queen West neighbourhood

    Rental Yield

    Qwest yields the
    ?
    highest rent prices out of 52 condos in the Queen West neighbourhood

    High Demand

    Qwest is the
    ?
    most popular building out of 52 condos in the Queen West neighbourhood

    Market Insights

    Transaction Insights at Qwest

    1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price Range$529,000 - $530,804$584,500 - $598,888No DataNo Data
    Avg. Cost Per Sqft$860$815No DataNo Data
    Avg. Wait for Unit Availability140 Days212 Days243 DaysNo Data
    Ratio of Units in Building48%23%27%4%

    Market Inventory

    Total number of units listed and sold in Queen West