Independent Toronto Condo Reviews

University Plaza Condo, Toronto Condo Reviews 

(4 reviews)
Condo address: 140-146 Simcoe St Toronto, ON M5H 4E9
(3.7 out of 5 stars)
Condo building and appearance:
Unit size and floor plan:
Condo amenities:
 

Great for couples

 
(4.0 out of 5 stars)
by Ugly Doris Jun 03, 2018
Good for a young professional couple just moving in together. Still close to financial district, the building is maintained well and the upstairs patio is lovely.

It only goes up 16 floor which is great elevator-wise, the wait is never long. Has a really nice city view and a gym on the top floor so it's nice to look out to.

Age demographic is about 26-32, it's a quieter building than 126 Simcoe next door so there are no 22-year-olds running around partying on Thursday nights but that's not to say you can't do it. Just more amenable to families and couples.
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PROS ><CONS

 
(3.0 out of 5 stars)
by Ali Rizvi Aug 06, 2017
Pros: Love the carpet in the hallways. The lobby looks posh. Elevator wait is the shortest I have seen in this area.

Cons: Only con I have found so far is that there is NO VISITOR PARKING in the building.
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PROS / CONS

 
(4.0 out of 5 stars)
by Annie Budz Jul 02, 2017
Pro:
Near to the Clubs - great for pre drinking before a night out Near Queen St W and Eatons for shopping Near King St W for awesome dining Near enough to Spadina for my Asian Grocery needs 3 mins to Osgoode Stn Decent Gym room

Cons: No nearby supermarket - except I think Rabba is supposed to come Condo construction next door - so you're probably looking at a big hole right now No visitor parking Access to highway - Gardiner or DVP is about 15 min

Conclusion: This place is great for you if: 1. you're a ttc person 2. you work downtown 3. you dont depend on car/ driving anywhere (driving in and out is a nightmare) 4. you dont expect a lot for amenities.. (you get what you pay for)
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an incredible value

 
(4.0 out of 5 stars)
by Melanie Piche Apr 02, 2017
This building is probably the best value building in downtown T.O. The original owners waited forever for this building to be ready, so a flood of condos listed at the same time brought the prices down (good 'ol supply and demand at work). The good news for investors: rents are comparable to condos that you pay an extra $50-100K for, so it's easy to be cash positive.

I'm not a huge fan of the hallway colours (each floor is painted a bright colour, from pink to purple to blue), but the overall vibe in the building is good. The layouts range from awesome to absolutely horrid and barely usable (I'd actually rate some a 1 star and some 5 stars). Finishes are nice - I personally prefer the concrete floor/exposed beam lofts to the dry-walled ones.

The amenities are good - while the pool is in the basement, a skylight lets a lot of natural light in. There isn't a concierge (which is good for your condo fees, though surprising in a building this big).

The neighbourhood is HOT and changing every day, and I expect that prices will be more in line (ie higher) in a few years when the supply issues have sorted themselves out.

I rate 150 Sudbury 4 stars because it represents an incredible value in a hot neighbourhood.
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University Plaza CondoToronto Condo
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