$550,000

#405 225 Sumach Street, Toronto (Regent Park), Ontario, M5A0P8

For saleJust listed

Today

$749K

#405 225 Sumach Street, Toronto (Regent Park), Ontario, M5A0P8

3 bd2 ba1 pk1,100 ft²+$1012/mo

Listed by RE/MAX HALLMARK REALTY LTD.

#503 260 Sackville Street, Toronto (Regent Park), Ontario, M5A0B3

For saleJust listed

2 days ago

$635K

#503 260 Sackville Street, Toronto (Regent Park), Ontario, M5A0B3

2 bd2 ba1 pk850 ft²+$993/mo

#714 200 Sackville Street, Toronto (Regent Park), Ontario, M5A0C4

2 bd1 ba1 pk650 ft²+$682/mo

Listed by RIGHT AT HOME REALTY

#601 10 Oak Street, Toronto (Regent Park), Ontario, M5A0Z1

For sale

7 days ago

$499K

#601 10 Oak Street, Toronto (Regent Park), Ontario, M5A0Z1

1 bd1 ba550 ft²+$334/mo

Listed by HOMELIFE SILVERCITY REALTY INC.

Investment analysis

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$550,000

Toronto

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#1511 225 Sumach Street, Toronto (Regent Park) - Single Family for Sale

#1511 225 Sumach Street, Toronto (Regent Park), Ontario, M5A0R8

2 beds2 baths0 parking750 ft²$675/mo condo feeListed 50 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Its $550,000 asking price sits right in line with the $558,888 median in Toronto. It has been on the market 50 days, fresher than the Toronto average of 86 days.

Condos for Sale in Toronto →All real estate in Toronto →

Description

Welcome To DuEast Boutique Condos By Renowned Builder, The Daniels Corp! This Spacious 785 Sqft Corner Unit Boasts 2 Bedrooms, 2 Bathrooms Split Bedroom Layout Offers Laminate Throughout (Carpet Free), Floor To Ceiling Windows, Roller Blinds, 9 Ft Ceilings, Tons Of Natural Light And Plenty Of Balcony Space To Enjoy The Outdoors. Gorgeous Kitchen Features Quartz Counters, Stainless Steel Appliances And A Center Island That Doubles As An Eat-In Area. Large Primary Bedroom Which Includes A Ensuite Bathroom. Full Second Bedroom Is Perfect As A Bedroom Or To Use As A Bright Home Office Space. Comes With 1 Locker Unit. State Of The Art Amenities Include: 24 Hr Concierge, Visitors Parking, Party Room, Fitness Area, Co-Working Space, Media Room, Social Lounge, Kids Play Zone, Outdoor Deck With Bbq's And Outdoor Lounge Area. TTC At Your Door Step. Steps To Aquatic Centre, Parks, Basketball Court, Running Track, Restaurants Groceries, George Brown College And More!! *Some Photos Are Virtually Staged. (id:66096)

Property Details

MLS®: C13798342
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 0
Interior Size: 750 ft²
Basement: None
Heating: Heat Pump, Other
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $675/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance
Ownership: Condo/Strata
Property Tax: $3,092.27/yr
Listed: 50 days ago

Rooms

Main level

Living room: 4.13 x 3.14 meters
Dining room: 3.14 x 4.13 meters
Kitchen: 3.67 x 2.14 meters
Primary Bedroom: 3.58 x 2.73 meters
Bedroom 2: 2.85 x 2.6 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Dishwasher, Oven, Dryer, Microwave, Cooktop, Window Coverings
Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

50d

Toronto (Regent Park) listings, avg age

86d

Price / ft²

$734

List price

$550K

Homes here sell faster than most markets

Sold homes in this market spent an average of 33 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell below asking price

Homes in this market sold for an average of 94.6 percent of their asking price over the past year, below the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Toronto (Regent Park) has been listed for 50 days, which is 36 days fresher than the city average of 86. Act while there is still low competition.

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Listed by RE/MAX WEST REALTY INC. · FRANK LEO

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $550,000, about 7.7× the local median household income of $71,000.

Carrying it typically needs a household income of about $107,434 (20% down, 25-yr amortization, stress-tested) — roughly 51% above the area median.

Median household income: $71,000
Population: 48,978
Median age: 36.4
Owner / renter: 35% / 65%
Avg. household size: 1.8

Source: Statistics Canada, 2021 Census (FSA M5A)

$550,000· $734/ft²

For sale

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Full Cost Breakdown

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Down Payment5.45% · $30,000

Min 5.45%50%

Mortgage payment$2,883/mo

↳ CMHC premium ($20,800 capitalized)

Property tax (est.)$258/mo

Condo fee$675/mo

Total monthly$3,816

Cash Needed to Close

Down payment (5.45%)$30,000

Land transfer tax$14,950

Est. closing costs$4,150

Total cash needed$49,100

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