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1 / 0
New1 hour ago

-12 - 140 Simcoe Road

Waterfront Communities C1, Toronto

$599,900

Condo Apartment |
1 | 1 | 0 | 1
About this home

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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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age16-30
Size600-699 sq. ft.
Maintenance Fees$550
LockerOwned
BalconyOpen
ExposureEast
Parking TypeUnderground
Parking Spaces0
Parking FeaturesNone
Property Tax$2,946
mls© NumberC13738330
Listed ByCENTURY 21 MILLER REAL ESTATE LTD.
Heat Included
Building Insurance Included
Water Included
Common Elements Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

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.

Down payment20% · $119,980
25-yr amortization

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 check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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