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    Toronto / Downtown / Queen West

    1508 - 126 Simcoe St

    For RentBoutique II Condos
    $4,700/mth
    3 Beds
    2 Bath
    1 Parking
    920 SQFT
    2 Days on Strata
    Est Lease Timeframe
    18 Days

    Listing History

    Unit Highlights

    Possession Date:
    March 1, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Terrace
    Furnished:
    No
    Exposure:
    South East
    Locker:
    Owned
    Laundry:
    Ensuite
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Air Conditioning
    Parking
    Excluded
    Hydro
    Heat
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Laminate, Walkout To Balcony, Combined with Dining
    11.25 x 15.49ft
    Dining
    Laminate, Windows Floor to Ceiling, Combined with Living
    11.25 x 15.49ft
    Kitchen
    Pantry, Stainless Steel Appliances, Stone Counter
    9.84 x 6.99ft

    About this Listing

    Welcome To Boutique 2 Condos by Urban Capital. Live Next To Shangri-La Hotel & Enjoy The Prestigious Downtown Toronto Lifestyle, Located At University & Adelaide St. Introducing Unit #1508, Newly Renovated (2023), Bright & Spacious 920 sq ft 3 Bedroom + 2 Bathroom Split Layout, A Corner Unit W/ Breathtaking Views Of The City. This Unit Features A Open Concept Layout, Floor To Ceiling Windows, Hardwood Flooring Throughout, Stone Counters, Kitchen W/ Waterfall Island, SS Appliances, Ensuite Laundry & 2 Walk-Out Balconies From Living Or Bedroom. Underground Parking & Locker Included. Amenities Include Concierge, Indoor Pool, Fitness Centre W/ Weight Room, Cardio Room & Yoga Studio, Guest Suites & Party Room! Want More? Enjoy Walking Distance To Anywhere In The City! Steps to St Andrew & Osgoode TTC Subway Station, Hospital Row, City Hall, Hospitality, Financial District, Entertainment District, Theatre District, Scotiabank Arena, Rogers Centre, Shopping, Restaurants, Underground PATH Access & More!

    ExtrasS/S: Fridge, Stove, Dishwasher, Microwave. Ensuite Washer/Dryer. All Elfs. Tenant Pays Hydro (Toronto Hydro)

    century 21 leading edge realty inc.MLS® #C11908359

    Amenities

    Indoor Parking
    Outdoor Pool
    Party Room
    Indoor Pool
    Lap Pool
    Media Room

    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!

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    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

    Boutique II Condos vs The Queen West Area

    Building Trends At Boutique II Condos

    Days on Strata

    Units at Boutique II Condos spend an average of
    36
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    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
    6.6
    YEARS before being sold again

    Property Value

    -6%
    Decrease in property value within the past twelve months

    Price Ranking

    21st
    Highest price per SQFT out of 52 condos in the Queen West area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    58
    Units were Rented over the past twelve months

    Best Value Rank

    Boutique II Condos offers the
    ?
    best value out of 52 condos in the Queen West neighbourhood

    Appreciation Rank

    Boutique II Condos has the
    ?
    highest ROI out of 52 condos in the Queen West neighbourhood

    Rental Yield

    Boutique II Condos yields the
    ?
    highest rent prices out of 52 condos in the Queen West neighbourhood

    High Demand

    Boutique II Condos is the
    ?
    most popular building out of 52 condos in the Queen West neighbourhood

    Transaction Insights at 126 Simcoe Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$568,000 - $602,000$605,000$680,000 - $810,600$1,390,000No Data
    Avg. Cost Per SqftNo Data$1,102$976$1,062$874No Data
    Avg. Wait for Unit Availability520 Days72 Days70 Days69 Days407 Days203 Days
    Ratio of Units in Building2%39%25%28%2%7%

    Transactions vs Inventory

    Total number of units listed and leased in Queen West