$619,000

For sale

#2708 55 Regent Park Boulevard, Toronto (Regent Park) - Single Family for Sale

#2708 55 Regent Park Boulevard, Toronto (Regent Park), Ontario, M5A0C2

2 beds2 baths1 parking750 ft²$703/mo condo feeListed 36 days ago

Overview

This 2-bedroom, 2-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. It has been on the market 36 days, fresher than the Toronto average of 86 days.

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Description

Bright and inviting 2-bedroom suite in the heart of downtown Toronto. The unit features high 9 ft ceilings, floor-to-ceiling windows and a walkout to an open balcony with impeccable city views. Enjoy a functional split bedroom layout, open-concept living and dining area, sleek kitchen with stainless steel appliances, 2 good-sized bedrooms and 2 full bathrooms. The unit also includes 1 underground parking space, an exclusive locker space and exceptional building amenities including concierge, party/meeting room, sauna, BBQ area, squash/racquet court, visitor parking and more. Situated in downtown Toronto with an almost perfect 98/100 Walk Score, in close proximity to the TMU campus, Eaton Centre, transit and everyday amenities. (id:66096)

Property Details

MLS®: C13845088
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $703/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $3,023.2/yr
Listed: 36 days ago

Rooms

Main level

Living room: 3.2 x 3.65 meters
Kitchen: 3.96 x 3.04 meters
Dining room: 3.2 x 3.65 meters
Primary Bedroom: 2.79 x 2.69 meters
Bedroom: 2.74 x 3.04 meters

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

Features

Flooring: Laminate
Exterior: Concrete
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

36d

Toronto (Regent Park) listings, avg age

86d

Price / ft²

$826

List price

$619K

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 36 days, which is 50 days fresher than the city average of 86. Act while there is still low competition.

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Listed by ROYAL LEPAGE REAL ESTATE SERVICES LTD. · IAN WILSON

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $619,000, about 8.7× the local median household income of $71,000.

Carrying it typically needs a household income of about $120,912 (20% down, 25-yr amortization, stress-tested) — roughly 70% 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)

$619,000· $826/ft²

For sale

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Full Cost Breakdown

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Down Payment5.96% · $36,900

Min 5.96%50%

Mortgage payment$3,227/mo

↳ CMHC premium ($23,284 capitalized)

Property tax (est.)$252/mo

Condo fee$703/mo

Total monthly$4,183

Cash Needed to Close

Down payment (5.96%)$36,900

Land transfer tax$17,710

Est. closing costs$4,357

Total cash needed$58,967

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