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    516 - 51 Lower Simcoe St

    For SaleInfinity II Condos
    $689,900
    1 Bed + 1
    1 Bath
    1 Parking
    622 SQFT
    71 Days on Strata

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $560/mth
    Taxes:
    $2,645 (2023)
    Cost Per Sqft:
    $1,109/sqft
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    West
    Possession Date:
    60-90 days/TBD
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Parking
    Building Maintenance
    Building Insurance
    Excluded
    Hydro
    Heat
    Air Conditioning
    Water

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Fan Coil

    Room Dimensions

    Living
    Hardwood Floor, Open Concept, Walkout To Balcony
    11.16 x 10.37ft
    Dining
    Combined with Living, Open Concept
    6.53 x 12.66ft
    Kitchen
    Tile Floor, Quartz Counter, Breakfast Bar
    9.12 x 12.66ft

    About this Listing

    Discover the epitome of urban living with this stunning 1+den condo in the heart of Toronto. Imagine waking up to unobstructed views of the iconic CN Tower and Rogers Centre, with the city's best attractions at your doorstep. Walking distance to Union Station and the PATH. This prime location offers unparalleled convenience: Vibrant nightlife, diverse dining options, premium shopping, and enjoy easy access to Lake Shore Blvd & the Gardiner Expressway for effortless commuting. Step outside to experience Toronto's Harbourfront - where you can enjoy festivals, explore an array of restaurants and shops, or take a leisurely walk along the picturesque boardwalk. This condo is ideal for first-time buyers or investors looking for a premium property in a sought-after area. Step inside to an open-concept layout featuring re-engineered hardwood floors, a spacious living and dining area with a walk-out balcony showcasing breathtaking views. The kitchen boasts Quartz countertops, stainless steel appliances, and a convenient breakfast bar. The bedroom is a serene retreat with double closets and floor-to-ceiling windows overlooking the city's famous landmarks. The versatile den is perfect for a home office or study area. With full 4pc bath and convenient ensuite laundry. Enjoy top-notch amenities within the A+ building, including an indoor pool, fully equipped gym, 24-hour concierge, rooftop deck with BBQs, and a stylish party room. This condo offers everything you need for a sophisticated, convenient lifestyle - make it yours today!

    keller williams advantage realtyMLS® #C9346794


    Amenities

    Guest Suites
    Concierge
    Indoor Parking
    Rooftop Deck
    Gym Room
    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!

    Similar Listings

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    10,897
    Average Individual Income
    $60,210
    Average Household Size
    3 persons
    Average Age
    46
    Average Household Income
    $103,882
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    20 - 34
    31%
    35 - 49
    20%
    50 - 64
    16%
    65+
    15%
    Household Income
    $0 - $30,000
    46%
    $30,000+
    23%
    $60,000+
    15%
    $90,000+
    9%
    $125,000+
    4%
    Housing Types & Tenancy
    High Rise Apartment
    54%
    Detached
    33%
    Semi Detached
    6%
    Low Rise Apartment
    2%
    Duplex
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    13%
    Cantonese
    7%
    Telugu
    2%
    Arabic
    1%
    Tagalog
    1%
    Spanish
    1%
    Hindi
    1%
    Education
    University and Above
    46%
    High School
    21%
    College
    13%
    None
    11%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    27%
    Architecture & Engineering
    20%
    Math & Computer Sciences
    11%
    Health & Related Fields
    10%
    Social Sciences
    10%
    Humanities
    6%
    Physical Sciences
    4%
    Education
    3%
    Personal, Protective & Transportation Services
    2%
    Visual & Performing Arts
    2%

    Maintenance Fees

    Infinity II Condos vs The CityPlace Area

    Days on Strata

    Units at Infinity II Condos spend an average of
    9
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    1%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in CityPlace

    Turnover of Units

    On average, each unit is owned for
    7.1
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    3rd
    Highest price per SQFT out of 29 condos in the CityPlace area

    Sold Units

    8
    Units were Sold over the past twelve months

    Rented Units

    20
    Units were Rented over the past twelve months

    Best Value Rank

    Infinity II Condos offers the
    ?
    best value out of 29 condos in the CityPlace neighbourhood

    Appreciation Rank

    Infinity II Condos has the
    ?
    highest ROI out of 29 condos in the CityPlace neighbourhood

    Rental Yield

    Infinity II Condos yields the
    ?
    highest rent prices out of 29 condos in the CityPlace neighbourhood

    High Demand

    Infinity II Condos is the
    ?
    most popular building out of 29 condos in the CityPlace neighbourhood

    Transaction Insights at 51 Lower Simcoe Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$590,000 - $590,101$615,000 - $650,000$925,000 - $960,000$999,999No Data
    Avg. Cost Per SqftNo Data$1,064$960$1,158$1,169No Data
    Avg. Wait for Unit AvailabilityNo Data119 Days144 Days164 Days242 Days631 Days
    Ratio of Units in Building1%35%30%19%16%1%

    Transactions vs Inventory

    Total number of units listed and sold in CityPlace