1221-140 Simcoe Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13590316

$2,100/mo
For Lease
Listed 2 days ago
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1Bathrooms
0Parking
0-499Sq Ft

About this home

Experience effortless city living in the heart of the downtown core at 140 Simcoe Street! Combining hotel-style luxury with a smart, open-concept studio layout, this unit offers exceptional comfort, style, and functional living space in one of downtown Toronto's most coveted locations. The standout kitchen is ideal for those who love to cook, equipped with full-sized appliances, sleek finishes, generous counter space, a breakfast bar, and room for a dining table. Large windows flood the interior with natural light, while your private walk-out balcony provides a quiet, open west-facing escape to take in golden-hour sunsets tucked away on Simcoe Street. Complete with a 3-piece bathroom and an included storage locker, this studio is freshly painted, professionally cleaned, and in pristine, move-in-ready condition for immediate occupancy. Best of all, your rent is all-inclusive of utilities (hydro, heating, and water), offering seamless, worry-free downtown living with zero extra monthly bills. Set in a solid, well-established building with beautifully updated common areas, residents enjoy premier amenities including a 24-hour concierge, gym, sauna, party room, media room, and a breathtaking 17th-floor rooftop oasis featuring an indoor-outdoor lounge, tranquility waterfall, dual BBQs, and sweeping skyline views. Boasting an unbeatable 100 Walk Score and 95 Transit Score, you are steps from Osgoode & St. Andrew subway stations, King and Queen streetcars, PATH access, and major transit routes. Located directly across from the Shangri-La and moments from King and Queen West, you're ideally positioned near the Financial District, Eaton Centre, TIFF Lightbox, Roy Thomson Hall, U of T, and the major Hospital District on University Avenue. Everyday essentials are right at your feet with a 24-hour Rabba, dry cleaner, florist, and sushi at the base of the building-making this the ultimate walk-everywhere setup for medical professionals, hybrid workers, students, or urbanites!

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13590316
Bathrooms
1
Size
0-499
Cross streets
University/ Richmond
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete, Other
Exposure
West
Days on market
2
Listing brokerage
RIGHT AT HOME REALTY

Rooms

KitchenFlat2.52 × 2.40 m

breakfast bar · open concept · tile floor

Dining RoomFlat4.42 × 3.88 m

combined w/living · open concept · laminate

Living RoomFlat4.42 × 3.00 m

open concept · combined w/dining · w/o to balcony

Our TakeTeam Asgarian · Broker
In line
$1,773/moest. value

Listed at $2,100/mo, and my independent estimate is within the range of comparable rentals, on the higher side.

In Waterfront Communities C1 lately, landlords get about 99% of asking; homes lease in ~16 days.

List price
$1,773/moBelow market$2,433/moAbove market

Total price vs nearby homes. Fair value about $1,773/mo, median of 3 comparables.

How this estimate is builtthe short version

I take the 3 most comparable recent leases nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent lease prices, not asking prices. Lot, condition, and finishes are my in-person call.

What the listing highlights2 points to weigh

Claims from the listing, worth confirming in person. I can book you a private showing.

  • Open-concept layout: modern, sought-after flow. Lifestyle
  • Sold as-is / needs work: budget for renovation, the price should reflect the condition. Weigh carefully
Schools & getting aroundcatchment and transit

The assigned public school is Ogden Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

Based on 3 comparable rentals that recently leased nearby.

Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$2,076avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

PH03-55 Mercer Street$2,1001229-400 King Street$2,100707-170 Fort York Boulevard$2,1301504-18 Yonge Street$2,0504008-115 Blue Jays Way$2,000

The 5 closest of 8 active listings nearby.

See all comparable homes
2,100This home2,1002,1002,1302,0502,000This home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $2K
22active listings nearby
2days on market
100leased nearby · 90 days
$3Kmedian leased price
99%of asking, on average

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Waterfront Communities C1, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Moss Park
$2K
Bay Street Corridor
$3K
Church-Yonge Corridor
$2K
Regent Park
$2K
Niagara
$3K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Ogden Junior Public School
69%
Ogden Junior Public SchoolPublic · Elementary · 0.7 km awayAround the GTA average · 69% meet the provincial standard

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RIGHT AT HOME REALTY. MLS®/PropTx.

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