University Plaza

1 - About University Plaza

• Address: 140 Simcoe St, Toronto
• Neighbourhood: Waterfront Communities C1, Downtown Toronto
• Storeys: 16
• Units: 320
• Year Built: 2005
• Builder: Plaza
• Building Type: High-Rise condo
• Suite Sizes: 387 sq ft to 1,189 sq ft
• Average Price: $862 / sq. ft.

2 - Overview of University Plaza

University Plaza stands as a 16-storey residential condominium at 140 Simcoe St in downtown Toronto. Designed by Kirkor Architects & Planners and built in 2005, this purpose-built development features an attractive gray stonework facade complemented by pink brick accents.

Unlike converted warehouse projects, University Plaza was constructed specifically as a residential condominium with thoughtful design elements including enhanced soundproofing and wider corridors to maximize privacy for residents. The building houses 320 units across its floors, with recently updated common areas and a comprehensive smoke-free policy maintained throughout the property.

3 - Suite Sizes & Value

Residences at University Plaza offer flexible living options with suite sizes spanning from 387 to 1,189 square feet. At an average price of $862 per square foot, these homes deliver competitive value considering their prime downtown location near the Financial District.

The layouts emphasize practical living spaces, typically featuring full-sized kitchens paired with separate dining areas. Quality finishes include granite countertops and stainless steel appliances throughout. Many suites include private balconies that provide elevated views of the surrounding cityscape.

4 - Building Amenities & Features

• Rooftop Terrace: Landscaped outdoor space equipped with BBQ facilities and comfortable seating areas
• Fitness Centre: Well-appointed on-site gym facility available exclusively to residents
• Putting Green: Outdoor golf amenity for recreation and practice
• Media Room: Modern theatre-style room featuring tiered seating for entertainment
• Social Spaces: Updated party room complete with billiards and foosball tables
• Building Status: Maintained as a completely smoke-free environment

5 - Location Highlights

• Transit Access: Exceptional 100/100 Transit Score with Osgoode and St. Andrew subway stations just a three-minute walk away
• Transportation Network: Direct access to the underground PATH system and convenient 501 Queen streetcar service
• Cultural Venues: Walking distance to the Four Seasons Centre for the Performing Arts, Royal Alexandra Theatre, and Princess of Wales Theatre
• Shopping & Groceries: Rabba Fine Foods located one minute from the building entrance, with Longo's accessible within 10 minutes
• Walkability: Perfect 100/100 Walk Score positioned at the intersection of Toronto's Financial and Entertainment Districts

6 - Lifestyle Near University Plaza

The surrounding neighbourhood attracts working professionals from finance, architecture, and engineering sectors, drawn by the proximity to major employment centres in the Financial District. The building's strategic location along the University Avenue corridor provides residents with immediate access to diverse dining establishments and urban amenities.

The thoughtful construction ensures a quieter living environment ideal for long-term homeowners seeking a peaceful retreat within the bustling city centre.

7 - About the Developer

Plaza, also known as Plazacorp, operates as a Toronto-based development company specializing in mid-to-high-rise condominium projects throughout central urban locations. The developer has established a reputation for creating functional residential communities combined with dependable property management services. University Plaza represents a solid example of their commitment to delivering quality downtown living options.