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$458K · 1 bed Condo Apartment · Unit 722, 168 Simcoe Street, Toronto, Ontario M5H 4C9 | HomeSearchCanada

$458,000

Unit 722

92 DOM

1192d

Map

⚡ Insider Deal

DOM 92

↓ $21KMotivated SellerPrice ReducedEstate Sale

$458,000

↓ $21KMotivated Seller

DOM92days

Unit 722

168 Simcoe Street · Toronto · Ontario M5H 4C9

MLS® C13029268 · Waterfront Communities C1 · M5H 4C9

11TenantOccupied600-699 ft²Condo ApartmentNoneNo basement92d$705/ft²$2,308 tax/yrNo basement

Neighbourhood Range

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About this home

Bright NW-facing 1-bedroom at Tridel's Qwest, ideally located at Richmond & Simcoe. This boutique mid-rise suite offers a functional open-concept layout with hardwood floors throughout, large windows, and open concept kitchen featuring a breakfast bar. Spacious and well-maintained with a smart floor plan, ample storage, and full-sized ensuite laundry. Quiet exposure and a generously sized bedroom add to the appeal. Enjoy top-tier amenities including a rooftop terrace with BBQs and stunning city…

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Property details

MLS#: C13029268
Status: Buy Now
Property class: Residential Condo & Other
Beds: 1
Baths: 1 full, 0 half
Rooms: 4 + 1
Kitchens: 1
Size: 600-699Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Apartment
Type: Condo Apartment
Year built: —Year built not on MLS feed (often MPAC-only on broker systems)

Occupancy: Tenant Occupied
Washrooms: 4 pc · Main
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Property features: Public Transit

Condo corp #: 1289
Balcony: None
Locker: None
Association amenities: Concierge, Gym, Party Room/Meeting Room, Rooftop Deck/Garden, Sauna, Visitor Parking
Fees include: CAC Included, Common Elements Included, Heat Included, Hydro Included, Building Insurance Included, Water Included
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 0 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Simcoe And Adelaide
Stories: 6
Utilities: —
Laundry: In-Suite Laundry
Laundry level: Main Level
Interior: None
Parking features: None

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

↓ $21KPrice reduction

MLS shows the seller reduced the asking price by $21,000 (from $479,000 to $458,000).

Motivated SellerWhy this label

Estate sale — Listing remarks or MLS designation indicate an estate sale.
92 days on market — Listing has been active for 92 days — extended time on market can signal seller pressure.

Labels reflect MLS fields and listing history in our database — not an opinion on fair market value.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: SUTTON GROUP-ADMIRAL REALTY INC.

Source: TRREB/PROPTX · MLS® C13029268

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$458K

Unit 722 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $458,000✓ $2,308 tax✓ Gas✓ 600-699 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,414/mo

incl. closing costs (yr 1)

Annual total

$52,973

year 1

Mortgage only

$1,738/mo

principal + interest

Beyond mortgage

$1,749/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$91,600

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$192/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~650 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,580/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$62/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$5,635

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)39% $20,850/yr

Property taxes15% $7,943/yr

Utilities7% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,580/yr

Condo fees17% $8,940/yr

Closing costs10% $5,100/yr

Mortgage is 39% of your true cost of ownership. The other 61% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$20,850	$1,738/mo
Government & taxes
Property tax	$2,308	$192/mo
Land transfer tax(closing)	$5,635	$470/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,580	$382/mo
Condo fees
Condo / HOA fees	$8,940	$745/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$52,973	$4,414/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 722

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs