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    Toronto / Downtown / Queen West

    1319 - 140 Simcoe St

    For SaleUniversity Plaza Condos
    $799,999
    Price Cut: $829,999
    2 Beds
    1 Bath
    1 Parking
    800 - 899 SQFT
    38 Days on Strata
    Est Sell Timeframe
    21 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $751/mth
    Taxes:
    $3,036 (2024)
    Cost Per Sqft:
    $890 - $1,000/sqft
    Locker:
    None
    Outdoor Space:
    Balcony
    Exposure:
    South West
    Possession Date:
    30-60
    Laundry:
    Main
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Combined with Dining, Open Concept, Laminate
    19.78 x 14.11ft
    Dining
    Combined with Living, Walkout To Balcony, Laminate
    19.78 x 14.11ft
    Prim Bdrm
    Large Window, Semi Ensuite, Laminate
    9.48 x 8.79ft

    About this Listing

    Investors and first time buyers welcome! This rare opportunity to own a spacious 2-bedroom corner suite in the highly sought-after University Plaza. Bright, open-concept unit offers modern living space, including a modern kitchen with and granite countertops and large breakfast bar. Both bedrooms are filled with natural light and provide ample closet space. Perfect for all! Located in the heart of downtown, you're just steps away from cafes, restaurants, Queen West, Eaton Centre, Minutes from multiple subway stations, streetcars, and prestigious institutions like OCAD, UofT, Ryerson, and George Brown. The building is investor-friendly, allowing short-term rentals, making it an ideal investment opportunity!

    ExtrasEnjoy premium amenities: Exercise Room, Rooftop BBQ Area, Party Rm/Lounge, 24-hour concierge, and much more.

    gfa realty ltd.MLS® #C9254117

    Amenities

    Rooftop Deck
    BBQ
    Rec Room
    Bike Storage
    Games Room
    Security System

    Explore Neighbourhood

    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!

    Similar Listings

    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%

    Price Trends

    Maintenance Fees

    University Plaza Condos vs The Queen West Area

    Building Trends At University Plaza Condos

    Days on Strata

    Units at University Plaza Condos spend an average of
    22
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    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

    -2%
    Decrease in property value within the past twelve months

    Price Ranking

    20th
    Highest price per SQFT out of 49 condos in the Queen West area

    Sold Units

    3
    Units were Sold over the past twelve months

    Rented Units

    9
    Units were Rented over the past twelve months

    Best Value Rank

    University Plaza Condos offers the
    ?
    best value out of 49 condos in the Queen West neighbourhood

    Appreciation Rank

    University Plaza Condos has the
    ?
    highest ROI out of 49 condos in the Queen West neighbourhood

    Rental Yield

    University Plaza Condos yields the
    ?
    highest rent prices out of 49 condos in the Queen West neighbourhood

    High Demand

    University Plaza Condos is the
    ?
    most popular building out of 49 condos in the Queen West neighbourhood

    Transaction Insights at 140 Simcoe Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den
    Price RangeNo Data$575,000$660,000No DataNo Data
    Avg. Cost Per SqftNo Data$994$1,078No DataNo Data
    Avg. Wait for Unit Availability256 Days81 Days174 Days200 Days838 Days
    Ratio of Units in Building13%39%25%19%7%

    Transactions vs Inventory

    Total number of units listed and sold in Queen West