$520,000
Toronto
#2301 225 Sumach Street, Toronto (Regent Park), Ontario, M5A0P8
This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $520,000, it is attractively priced about 7% below the $558,888 median asking price in Toronto.
Welcome to unit 2301 at the DuEast condos, a charming 1-bedroom, 1-bathroom condo in the heart of Toronto's vibrant Regent Park neighbourhood. This stylish residence offers a perfect blend of modern convenience and urban sophistication. The open-concept living area is designed to maximize space and light, featuring large windows that flood the room with natural morning sunlight from the east. The well-appointed kitchen includes sleek appliances, ample storage, and a convenient centre island, making it ideal for both everyday living and entertaining guests. The cozy bedroom provides a serene retreat, complete with generous closet space. This unit also includes a convenient locker. Residents of 225 Sumach St. enjoy a range of exceptional amenities, including a state-of-the-art fitness center, a rooftop terrace with panoramic city views, and a community lounge perfect for social gatherings. The building also features a 24-hour concierge service, ensuring added security and convenience. The surrounding Regent Park neighbourhood is a dynamic and evolving area known for its community spirit and excellent amenities. Enjoy the nearby parks, including the expansive Regent Park, which offers sports facilities, playgrounds, and green spaces for relaxation and recreation. The neighbourhood is also home to a variety of local shops, cafes, and restaurants, providing plenty of dining and entertainment options. With convenient access to public transit and major roads, commuting to other parts of the city is effortless. This condo represents a fantastic opportunity to experience urban living at its finest in one of Toronto's most up-and-coming areas. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Long Listed: 249 days on market, against an average age of 86 days across the listings currently for sale in this city
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.
This 1-bed single family in Toronto (Regent Park) is available now. Want me to connect you with the agent or keep you posted on any price updates?
Approximate location — exact address confirmed upon showing
This home lists at $520,000, about 7.3× the local median household income of $71,000.
Carrying it typically needs a household income of about $101,574 (20% down, 25-yr amortization, stress-tested) — roughly 43% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5A)
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