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| Building Insurance Included | |
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-12 - 140 Simcoe Road
Waterfront Communities C1, Toronto
$599,900
Welcome PH#12 at University Plaza, a highly sought-after residence in the heart of Toronto's Financial and Entertainment Districts. This bright and spacious 1-bedroom suite offers approximately 611 sq. ft. Plus Balcony of thoughtfully designed living space with a functional open-concept layout that maximizes comfort and efficiency.Featuring a modern kitchen with stone/granite countertops, stainless steel appliances, ample cabinetry, and a breakfast bar, this suite is ideal for both everyday living and entertaining. The generous living and dining area provides exceptional flexibility, while the oversized bedroom offers privacy and comfort. Large windows fill the space with natural light, creating a warm and inviting atmosphere.Perfect for professionals seeking a downtown lifestyle or investors looking for a rental opportunity, this well-maintained building offers premium amenities including 24-hour concierge, fitness centre, party and meeting rooms, boardroom, rooftop terrace and visitor parking.Boasting a perfect Walk Score of 100 and Transit Score of 100, you're just steps to Osgoode Station, PATH access, UHN hospitals, U of T, OCAD, Queen West, King West, TIFF Lightbox, Rogers Centre, CN Tower, top restaurants, theatres, shopping, and Toronto's vibrant business core. Maintenance fees include heat, hydro, and water, providing exceptional value.A rare opportunity to own in one of downtown Toronto's most connected and desirable neighbourhoods-ideal for end-users and investors alike.
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| Type | Condo Apartment |
| Style | 1 Storey/Apt |
| Approx. Age | 16-30 |
| Size | 600-699 sq. ft. |
| Maintenance Fees | $550 |
| Locker | Owned |
| Balcony | Open |
| Exposure | East |
| Parking Type | Underground |
| Parking Spaces | 0 |
| Parking Features | None |
| Property Tax | $2,946 |
| mls© Number | C13738330 |
| Listed By | CENTURY 21 MILLER REAL ESTATE LTD. |
Listing History
- No recent sale history for this listing.
- No recent lease history for this listing.
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What the bank counts
This home's actual carrying costs, payment stress-tested at 6%
- Mortgage, tested at 6%
- $3,071
- Property tax
- $246
- Heat allowance
- $150
- Condo fees, half counted
- $275
- Housing costs
- $3,741 / mo
Lenders cap these at 39% of gross income — that sets the number.
Income needed
$115,000
gross annual household income
- Payment at 4%
- $2,524 / mo
- Cash down
- $119,980
Assumes no other monthly debts · 25-yr amortization
Full affordability checkInvestment Analysis
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