3303-126 Simcoe Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13832138

$815,000
For Sale
Listed 23 days agoNo offer date stated
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2Bedrooms
2Bathrooms
1Garage
800-899Sq ft

About this home

In short

  • "Welcome to Unit 3303 at 126 Simcoe Street - a beautifully positioned 2-bedroom, 2-bathroom southwest corner suite high above the heart of downtown Toronto.
  • Located on the 33rd floor, this approximately 845 sq. ft. residence is filled with natural light from expansive floor-to-ceiling windows and offers impressive city...
  • The open-concept living and dining area flows seamlessly into the kitchen, creating a bright, comfortable space for both relaxing and entertaining.
  • Situated in one of downtown Toronto's most convenient locations, 126 Simcoe Street is just steps from the Financial District, Entertainment District, University...
  • With its high-floor southwest corner position, approximately 845 sq. ft. of well-designed living space, wraparound balcony, two full bathrooms with windows, brand-new...

"Welcome to Unit 3303 at 126 Simcoe Street - a beautifully positioned 2-bedroom, 2-bathroom southwest corner suite high above the heart of downtown Toronto.Located on the 33rd floor, this approximately 845 sq. ft. residence is filled with natural light from expansive floor-to-ceiling windows and offers impressive city views from its elevated southwest exposure. A spacious wraparound balcony extends the living space outdoors and provides an ideal setting to enjoy the skyline and changing light throughout the day.The thoughtfully designed floor plan offers excellent separation between the two bedrooms, providing both privacy and flexibility for everyday living, guests, or a home office. Both bedrooms are well proportioned, and both full bathrooms feature exterior windows - a rare and desirable feature that brings in natural light and enhances ventilation.The open-concept living and dining area flows seamlessly into the kitchen, creating a bright, comfortable space for both relaxing and entertaining. The kitchen is further enhanced by a brand-new KitchenAid slide-in range with oven, together with full-size appliances and generous storage.Additional conveniences include in-suite laundry, one underground parking space, and a locker.Situated in one of downtown Toronto's most convenient locations, 126 Simcoe Street is just steps from the Financial District, Entertainment District, University Avenue, Osgoode subway station, PATH access, restaurants, shopping, theatres, hospitals, and many of the city's leading cultural and entertainment destinations.With its high-floor southwest corner position, approximately 845 sq. ft. of well-designed living space, wraparound balcony, two full bathrooms with windows, brand-new KitchenAid range, parking, and locker, Unit 3303 offers an exceptional combination of space, light, comfort, views, and downtown convenience."

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13832138
Bedrooms
2
Bathrooms
2
Size
800-899 sq ft
Cross streets
Simcoe St / Nelson St
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$856/mo
Exposure
South West
Property tax
$4,289 / 2026
Days on market
23
Listing brokerage
HOMELIFE LANDMARK REALTY INC.
Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

What sellers nearby are askingCurrently listed nearby in Waterfront Communities C1 · asking prices
$811kavg asking

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

Per square foot, these ask about $955/sqft; this home lists at $959/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
815kThis home799k838k775k750k895kThis home vs active comparables

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.

Church-Yonge Corridor
$580K
Kensington-Chinatown
$600K
Waterfront Communities C8
$525K
Moss Park
$495K
North St. James Town
$649K

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
Also nearby: 12 more schools within 2.5 km
Contact Alternative School School · Public secondary0.6 km
Heydon Park Secondary School · Public secondary0.9 km · 8% at standard
Oasis Alternative Secondary School · Public secondary1.0 km
ALPHA Alternative Junior School · Public elementary1.0 km
St Michael's Choir (Sr) School · Catholic secondary1.0 km · 98% at standard
St Michael's Choir (Jr) School · Catholic elementary1.0 km · 98% at standard
Beverley School · Public elementary1.0 km
Subway Academy II · Public secondary1.0 km
Orde Street Public School · Public elementary1.2 km · 76% at standard
Bishop Macdonell Catholic School · Catholic elementary1.2 km · 82% at standard
Jean Lumb Public School · Public elementary1.3 km · 73% at standard
Downtown Alternative School · Public elementary1.3 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$3,714/mo
$172KIncome needed
4.7×Price ÷ income
$857Weekly cost
$25,550Land transfer tax, one-time (Ontario + Toronto)
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

75%mortgage
Mortgage $3,714Property tax $357Condo fee $856Total carry $4,928

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$3,605per month

Mortgage amount $652,000 · 4.49% over 25 years

$163,000Down payment (20.0%)
$652,000Loan before insurance
$0CMHC premium
$4,818Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$3,605
Property tax
$357
Condo / maintenance fees
$856
Heating
$0
Estimated monthly cost
$4,818

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$12,775
Toronto municipal land transfer tax
$12,775
Estimated closing costs
$25,550

Plus your down payment of $163,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$4,363/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$429,506Total interest paid
$1,081,506Total of all payments
Principal $652,000 Interest $429,506
YearPrincipalInterestBalance
1$14,550$28,710$637,450
2$15,210$28,050$622,240
3$15,901$27,359$606,339
4$16,623$26,637$589,715
5$17,378$25,882$572,338
6$18,167$25,093$554,171
7$18,992$24,269$535,179
8$19,854$23,406$515,325
9$20,755$22,505$494,570
10$21,698$21,562$472,872
11$22,683$20,577$450,189
12$23,713$19,547$426,476
13$24,790$18,471$401,686
14$25,915$17,345$375,771
15$27,092$16,168$348,679
16$28,322$14,938$320,358
17$29,608$13,652$290,750
18$30,952$12,308$259,798
19$32,357$10,903$227,440
20$33,827$9,434$193,614
21$35,362$7,898$158,251
22$36,968$6,292$121,283
23$38,647$4,614$82,637
24$40,401$2,859$42,236
25$42,236$1,025$0

At the end of your 5-year term

Total paid over the term
$216,301
Principal paid down
$79,662
Interest paid
$136,639
Balance remaining
$572,338

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

Investor snapshot

Rental yield
Estimate$2,700/mo
$32,400Gross annual rent
1.7%Cap rate after taxes and upkeep

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.0%
Gross yield
− Property tax $4,289− Condo fees $10,268− Insurance $600− Vacancy & upkeep $3,564Net operating income $13,679

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

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