140 Simcoe St

TSCC 1667

Gym / Exercise Room, Common Rooftop Deck, Concierge, Public Transit, Party Room, Meeting / Function Room, Pet Restrictions, Sauna, Security Guard, Enter Phone System, Media Room / Cinema, Parking Garage, Elevator

Common Element Maintenance, Building Insurance, Air Conditioning, Heat, Water

Constructed and finished in 2005, University Plaza may have surpassed a decade in age, but it’s a decadent decade décor style that makes this condominium still such a desirable location among property investors. Featuring an exterior still appealing to many, and an interior that did not skimp on the lavish extras, University Plaza is still one of the prides of the Queen West neighborhood. University Plaza was developed by Plaza, architected by Gabriel Bodor Architect Inc., and is currently being managed by Royale Grande Property Management. Only sitting at 16 storeys tall, and containing 320 condo units ranging from 1-bedroom to 2-bedroom units and two-bedroom plus den units, University Plaza’s condo units’ interiors are quite exquisite, with examples of features being granite countertops, stainless steel appliances, as well as excellent open concepts. Real estate investors will want to take note of how the historical average PSF is on the rise; this means there’s plenty of potential for positive returns on investment. There’s also plenty of amenities onsite for buyers to make use of, with some examples being a party room, a sauna, a common rooftop deck, an exercise room, a media room/cinema, as well as a concierge service and a security guard service.When residents of University Plaza step outside of 140-146 Simcoe St, they will find themselves at the intersection of Simcoe St. and Richmond St. W. To get access to a TTC transit bus, buyers can find a bus stop for the TTC right outside the doors of University Plaza. Within reasonable distance of the condominium, several restaurants and bars can be found, along with a couple of grocery stores, some banks, as well as a few small privately-owned shops. As for a TTC subway station, the nearest one is within walking distance (if residents feel like it); Osgoode subway station is just a short walk up Simcoe St. to Queen St. W. If motorists are looking to get quick access to the nearest highway, then their best bet would be to head west along Richmond St. W to Spadina Ave., then head south on Spadina Ave. until they get to the on-ramp to the Gardiner Expressway at Lake Shore Blvd.For those homebuyers of University Plaza who really love their greenspace, they won’t be very far from greenspaces at all. The closest of these greenspaces for a little R&R is David Pecaut Square, a quick jaunt south on Simcoe St. to King St. W, then just a tiny walk to the west on King St. W. Alternately, by heading south on University Ave. to Front St., then heading west, residents can reach the iconic C.N Tower, as well as the Rogers Centre, but before that, they can also reach Union Station, where they can also find VIA trains and GO trains, as well as another subway station. Also, just past the Gardiner Expressway, investors will have access to the Waterfront district, which is where plenty of little stores, big parks, and a ferry to the Toronto Islands can be found.