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    1412 - 140 Simcoe St

    $599,0001 bd1 ba0 pk636 sqft
    9 Days on Strata
    Est Sell Timeframe:
    17 Days
    $599,000
    1 Bed
    1 Bath
    0 Parking
    636 SQFT

    Listing History


    Details

    Property Type:

    Condo

    Maintenance Fees:

    $512/mth

    Taxes:

    $2,496 (2024)

    Cost Per Sqft:

    $942/sqft

    Outdoor Space:

    Balcony

    Locker:

    Owned

    Exposure:

    East

    Possession Date:

    Immediately

    Amenities

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

    About this Listing

    Massive Price Drop from $648,000 to $599,000 Motivated Owner Wants Fast Closing Date! Welcome to University Plaza close to University and Richmond built by Plaze Corp. This spacious 1-bedroom, 1-bathroom condo features new kitchen cabinets and engineered hardwood floors, an open-concept layout, and a modern kitchen with granite countertop and a subway tile backsplash. The private balcony provides a perfect spot to unwind and enjoy city views. The spacious primary bedroom boasts a large custom built closet, while the sleek 4-piece bathroom offers contemporary finishes. The unit includes a storage locker. This condo may permit short term rentals that will appeal to investors. Residents enjoy top-tier amenities, including a 24-hour concierge, a fully-equipped fitness center, jogging track, media and billiards room, a spacious rooftop terrace with BBQs, and a stylish party room. Located just steps from the Financial District, Entertainment District, and PATH, this condo offers unbeatable access to TTC transit, Union Station, top restaurants, shopping, and major downtown attractions. Move-in ready and perfect for urban professionals or investors - don't miss this incredible opportunity!

    ExtrasFridge, Built-in Oven and Cooktop with Fan, Dishwasher, Washer & Fryer, Existing Window Coverings

    harvey kalles real estate ltd.MLS® #C12073914

    Fees & Utilities

    Maintenance Fees

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

    Utility Type

    Air Conditioning

    Central Air

    Heat Source

    No Data

    Heating

    Forced Air

    Room Dimensions

    Kitchen

    Granite Counter, Open Concept, hardwood floor

    11.42 x 9.02ft

    Living

    hardwood floor, Combined with Dining, Walkout To Balcony

    19.52 x 10.24ft

    Dining

    hardwood floor, Combined with Living

    19.52 x 10.24ft

    Primary

    Built-in Shelves, Large Window

    12.76 x 10.24ft

    Buyer's Market
    Balanced
    Seller's Market

    Similar Listings

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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 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 Days83 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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