FOR SALE

Boutique 2 Condos – 126 Simcoe Street, PH1

Asking $1,798,000 – offers accepted anytime

2 BEDROOMS + DEN / 2-1/2 BATHS / 1,690 sq.ft.

Features and Analysis

MLS listing description:

“Stunning 2 Storey Condo With Breathtaking South West Views-Cn Tower & The Lake. Corner Unit Apprx 1700 Sqft On 2 Floors Plus Huge Terrace & A Separate Balcony Off Master. Walk In Closets Throughout. 10′ Ceilings + Floor To Ceiling Windows On Both Floors. The Best Downtown Location With Access To Everywhere – Ttc, Hospitals, Theaters, Restaurants & Financial District. Show With Confidence! Gorgeous Upgraded Suite! Stunning!!!!!Unbelievable Views!!!!!!”

Pros & cons about this property:

This is a very well laid-out penthouse with very little wasted space. All the principal rooms are spacious and the open main level living area is excellent for entertaining, especially with multiple access to the huge wrap-around terrace with stunning city views. Upstairs features two master suites each with its own walk-in closets and large private bathrooms, though the larger master bedroom with corner window views lacks large luxurious bathroom as the other bedroom, but it does have its own balcony. Ten-foot ceilings on both floors adds to the very bright and spacious feel throughout this unit.

Despite the “Boutique” building name, this is the second phase of the condo development and clocks in at a not-so boutique 304 units. The units on the lower levels contains a lot of small condo units and the overall look and feel of this condo building is rather mediocre.

With many new condo towers being built or proposed along the waterfront and the Entertainment and Financial District whatever lake views will eventually disappear.  

My final thoughts:

Large 2-storey condos, especially those with significantly-sized terraces have been selling well north of $1,200/sq.ft. in some of the popular downtown neighbourhoods. This penthouse is priced less than that even though it is located in the popular Entertainment District and a short walk to the Financial District, but priced appropriately as the building is not as high-end as some of the other newer condos in the area which could be a determining factor for those shopping for a penthouse unit and expect higher-end amenities associated with it.   

 

 

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About us

Art House Real Estate Littlehayes Lane Kensington Market

Alan O. Wong

Sales Representative, B.Arch, Assoc.AIA

Office: 416.504.6133

Direct: 647.963.1037

alan@livingdifferent.ca

Blue Elephant Realty Inc. Brokerage

 

Tucked in a laneway in the middle of vibrant Kensington Market is Art House, a creative real estate studio catering to savvy Torontonians who embrace urban living. Art House is your alternative to the traditional real estate industry ethos. We are passionate about the city and foster trust by contributing to positive change within our community. With a focus on ethics and a critical eye, we curate unique homes and intelligent investment opportunities to fit your lifestyle.

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