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              For Sale 14 Days On Site

              #605 51 Lower Simcoe Street

              near Lower Simcoe / Bremner Blvd
              $649,500 1+0bdr • 1ba • 1kit • 500-599sf
              Average Income
              $76,851
              Population Age
              30 y/old
              School Score
              6.30/10
              Price Index Change 1y
              +9.19%
              Price Index Change 3y
              +34.30%
              Rent Index Change 1y
              -5.96%
              Rent Index Change 3y
              +7.74%

              Condo Apt • Apartment #605 • 5 Level

              #605 51 Lower Simcoe Street, Waterfront Communities C1, Toronto
              • Rooms and Bathrooms 1+0 bedr, 1 bath
              • Kitchens 1
              • area 500-599
              • garage 1.0 Undergrnd
              • exposure E
              • age n/a
              • locker None
              • possession

                Immediate

              $649,500

              $2,128.95
              Tax yr: 2020

              $383.68/m

              CALCULATED NUMBERS:

              $2437.00

              calculator

              $2038

              3

              92 Walker's Paradise

              100 Rider's Paradise

              87 Very Bikeable

              6.30/10

              Location Details
              • Toronto

              • Toronto

              • Waterfront Communities C1

              • Lower Simcoe / Bremner Blvd

              • M5J3A2

              Listing Details Provided By
              Property Details Provided By Toronto Real Estate Board
              Listing Brokerage

              RE/MAX METROPOLIS REALTY, BROKERAGE

              Property Overview
              Beautiful 1 Bedroom And 1 Washroom Condo Apartment Comes With Parking Included, Situated In The Heart Of Downtown Toronto Between The Rogers Center, Air Canada Center, Cn Tower, Convention Center, Ripley's Aquarium And The Vibrant Toronto Waterfront! Don't Miss Out On This Opportunity To Experience The Epitome Of Downtown Luxury! See Virtual Tour!!
              Extras: Existing: Fridge, Stove, Washer, Dryer & Dishwasher Included. Building Amenities Include Indoor Pool, Concierge, Sauna, Hot Tub, Visitor Parking And Much More.
              Video tour available. Click to watch.
              Rooms details
              Living
              • Main Level
              • Laminate
              • Combined W/Dining
              • W/O To Balcony
              • Size 4.79x3.01
              Dining
              • Main Level
              • Laminate
              • Combined W/Living
              • Size 4.79x3.01
              Br
              • Main Level
              • Laminate
              • Double Closet
              • Size 4.04x3.05
              Basement
              • None
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              • Listing added to site: 2020-09-16 15:18:11
              • Last updated: 2020-09-17 00:17:01
              • Photos updated: 2020-09-16
              • Contract date: 0000-00-00
              • Input date: 0000-00-00
              • Expiry date: 0000-00-00
              • Closed date: 0000-00-00
              • Condition expiry date: 0000-00-00
              • Extension entry date: 0000-00-00
              • Sold date: 0000-00-00
              • Suspended date: 0000-00-00
              • Terminated date: 0000-00-00
              • Unavailable date: 0000-00-00
              • Condition:
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              Travel Times, Streetview, Walkscore
              Listing Overview

              General:

              605 51 Lower Simcoe Street is a condo apt apartment, located in Waterfront Communities C1 of city of Toronto, Toronto region, near Lower Simcoe / Bremner Blvd, and has been available for sale on CondosDirect since 2020-09-16. This unit is located at level 5 of the building and has East exposure of Lower Simcoe St. Condo registry office is TSCC, corporation number 1928.

              Lot Size and Living Area:

              605 51 Lower Simcoe Street has 4+0 rooms in total, including 1+0 bedroms, 1 baths and 1 kitchen. Please find this condo rooms details on this page above.
              Living area of this condo unit is within the range of 500-599 square feet.
              1.0 parking space(s) are owned and located undergrnd at level D-12 . This condo has an ensuite laundry.

              Heating and Cooling:

              The condo heat source is Gas, the heat type is Forced Air and air-conditioning is Central Air.

              Listing Features:


              AIDA has also found the following features: Waterfront/Near a Lake, Swimming Pool, and possible sellers motivation indicators such as Listing Ad says Motivated Seller.

              Price & Cost Overview

              General:

              605 51 Lower Simcoe Street condo apt is listed for $649,500. Property tax for year 2020 was $2,129. And the monthly maintenance fee was $384.

              Comparative Market Analysis:

              There are similar 1+0 bedr condo apt recently sold for an average Time Adjusted Selling Price of $615,837.
              Visit a customized Comparative Market Analysis page for more details.

              Mortgage and Other Expenses:

              Your monthly mortgage payments will be $2,437, and total expenses, including the mortgage, property tax and maintenance, fee around $2,646, assuming $649,500 purchase price, 20% downpayment, 2.9% mortgage rate, and 25 years amortization.
              Use our Mortgage and Investment Calculator, customized especially for 605 51 Lower Simcoe Street, for the Closing Cost, including Land Transfer Tax and Mortgage Insurance calculation.

              Location Overview

              General:

              Waterfront Communities C1, where 51 Lower Simcoe Street is located, has $793,177 Home Price Index, and $2,477 Home Rent Index. Average household income at dissemination area of 51 Lower Simcoe Street is $76,851, and average polulation age is 30 years old.
              Average Home Price Index among 143 evaluated neighborhoods in city of Toronto is $1,041,208, and average Home Rent Index $2,585.

              Similar Properties & Community Details:

              There are similar to 605 51 Lower Simcoe Street 1 bedr condo apt condos listed For Sale and For Rent in city of Toronto.
              Learn about the prices of Recently Sold Condos and Recently Rented Condos near 51 Lower Simcoe Street.
              You may also find useful information about the schools, real estate sales and rent statistics, home price index and more at Waterfront Communities C1 neighborhood in city of Toronto.

              Schools:

              There are at least 2 school(s) located near 51 Lower Simcoe Street, or schools, which boundaries this address belongs to with an average School Score 6.30 out of 10. Here are more details about these schools:
              1. Ryerson Community School (Grades JK-08), Public, Intermediate, ranked as Good.
              2. Jarvis Collegiate Institute (Grades 09-12), Public, Secondary, ranked as Average.
              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Walkscore, Transitscore, and Bikescore:

              With Walkscore, Transitscore, and Bikescore of 92, 100, and 87 accordingly, location of 51 Lower Simcoe Street overall can be described as Walker's Paradise, Rider's Paradise, and Very Bikeable.

              605 51 Lower Simcoe Street Listings History Powered by AIDA
              Waterfront Communities C1, Toronto Sales & Rent History Powered by AIDA
              Disclaimer

              All results are for informational purposes only, and we do not guarantee neither take any responsibility for AIDA's CMA accuracy. Please use it for the informational purpose only at your own risk, contact your agent (or one of ours), or a professional appraisal company for more details.

              City of Toronto Condos MOI (Months of Inventory)
              Last month sales statistics:
              It is a Sellers market. Existing inventory is less than enough for 4 months sales supply (99 days).
              Sellers are not likely to negotiate the price, but it is easier to sell your own property.
              Buy first, sell next is a possible strategy, as your own properety may go up in price while you are shopping.
              How often similar homes sell?
              You may expect 104 to 128 properties like that to be sold in Waterfront Communities C1 during the next 30 days.
              Seasonal sales fluctuation is showing 20% inventory increase comparing to the average annual number, which is equvalent to 96.33 properties sold per month, and 29% increase comparing to the last six months.
              How soon it can be sold?
              This property has been on the market for 14 days, which is 4 days less than the recent sales average, and can be sold at any time if the price is right, or negotiable by the seller.
              Seasonal sales fluctuation is showing 8% D.O.M. increase comparing to the average annual number, which is equvalent to 17 D.O.M., and 11% increase comparing to the last six months indicating slightly declining demand for this type of property within this price range.
              At what price it can be sold?
              Similar properties currently sell very close to its asking price in Waterfront Communities C1.
              The selling to asking price ratio is declining in Waterfront Communities C1.
              This property has been on the market for less than average number of days it takes a home to sell in Waterfront Communities C1 (18.3) .
              Have a look at comparable properties sold in the past, to get a better idea about this home market value: MLS C4914968 Comparative Market Analysis
              605 51 Lower Simcoe Street Investor's Outlook Powered by AIDA

              Compare Home Price Index and Home Rent Index performance over the last year and last 3 years in Waterfront Communities C1, Toronto, to the City of Toronto for the projects listed on our site.

              Comparative analysis of location's Walkscore, Transitscore, Bikescore and Schoolscore.

              Price Index 1y

              Price Index change was +9.19% comparig to the City of Toronto average of +12.075%

              Price Index 3y

              Price Index change was +34.30% comparig to the City of Toronto average of +4.97%

              Rent Index 1y

              Rent Index change was -5.96% comparig to the City of Toronto average of -5.25%

              Rent Index 3y

              Rent Index change was +34.30% comparig to the City of Toronto average of +4.97%

              Walkscore

              Walkscore 92 out of 100 means Walker's Paradise

              Transitscore

              Transitscore 100 out of 100 means Rider's Paradise

              Bikescore

              No sufficient data available

              Schoolscore

              Schoolscore is 6.30 out of maximum 10 points

              Mortgage & Payments

              Calculate your Mortgage Payments, Total monthly payments including Property tax and Condo Fee (where available), Mortgage Amortization, and Investment forecast with our Investment Simulator Tool.

              Mortgage & Payments Calculator
              Property Financing Details
              Land Transfer Tax & Closing Expenses
              Downpayment Details
              Use in monthly payment calculation:
              Mortgage & Financing Details

              Assuming Fixed Rate, Monthly Payments

              (Mortg interest rate. Ex: 3.0)

              (Mortgage duration Ex: 25)

              (Borrowing rate Ex: 3.5)

              Save mortgage settings to your profile for automated mortgage calculation on all listings. Account login required.

              Mortgage & Payments Summary

              Schools and Ratings

              ** Please confirm school boundaries with schools' offices. We do not guarantee that boundaries will be current.

              Demographics & Housing Statistics

              $9,700 Cashback
              $649,900
              1+1br 1ba 600-699sf

              Prop Tax

              $2,122

              Condo Fee

              $472

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              90

              Compare$679,677

              $10,800 Cashback
              $719,000
              1+1br 1ba 600-699sf

              Prop Tax

              $2,578

              Condo Fee

              $540

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              84

              Compare$681,474

              $8,200 Cashback
              $549,900
              1+1br 1ba 500-599sf

              Prop Tax

              $1,916

              Condo Fee

              $386

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              52

              Compare$528,415

              $8,400 Cashback
              $558,000
              1+1br 1ba 600-699sf

              Prop Tax

              $2,003

              Condo Fee

              $483

              Exposure

              Ne

              Mortg/m

              $ calculator

              WalkScore

              51

              Compare n/a

              $10,500 Cashback
              $699,900
              1+1br 2ba 600-699sf

              Prop Tax

              $2,704

              Condo Fee

              $622

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              93

              Compare$766,910

              $9,000 Cashback
              $599,000
              1+1br 1ba 500-599sf

              Prop Tax

              $2,272

              Condo Fee

              $406

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              90

              Compare$655,782

              $9,000 Cashback
              $599,000
              1+1br 2ba 600-699sf

              Prop Tax

              $n/a

              Condo Fee

              $442

              Exposure

              E

              Mortg/m

              $ calculator

              WalkScore

              86

              Compare n/a

              $10,300 Cashback
              $689,999
              1+1br 2ba 700-799sf

              Prop Tax

              $n/a

              Condo Fee

              $439

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              92

              Compare n/a

              $9,400 Cashback
              $624,900
              1+1br 1ba 600-699sf

              Prop Tax

              $2,524

              Condo Fee

              $489

              Exposure

              N

              Mortg/m

              $ calculator

              WalkScore

              85

              Compare$663,823

              $9,900 Cashback
              $662,500
              1+1br 1ba 600-699sf

              Prop Tax

              $2,422

              Condo Fee

              $498

              Exposure

              Ne

              Mortg/m

              $ calculator

              WalkScore

              76

              Compare n/a

              $10,200 Cashback
              $682,000
              1+1br 2ba 900-999sf

              Prop Tax

              $2,494

              Condo Fee

              $495

              Exposure

              W

              Mortg/m

              $ calculator

              WalkScore

              74

              Compare n/a

              $9,000 Cashback
              $599,000
              1+1br 1ba 600-699sf

              Prop Tax

              $2,314

              Condo Fee

              $460

              Exposure

              Sw

              Mortg/m

              $ calculator

              WalkScore

              85

              Compare$700,775