$499,000
Toronto
#412 1 Cole Street, Toronto (Regent Park), Ontario, M5A4M2
This 1-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 550 sq ft of space. Listed at $499,000, it is attractively priced about 11% below the $558,888 median asking price in Toronto. It has been on the market 38 days, fresher than the Toronto average of 86 days.
Welcome to this thoughtfully designed 1 bedroom, 1 bathroom condo in the heart of Toronto's vibrant Regent Park community. At approximately 570 sq. ft., this home makes every square foot count, offering a surprisingly spacious and functional layout with generous principal rooms and plenty of room to live, work and entertain. The open-concept living and dining area offers a comfortable sense of space, while the well-appointed kitchen keeps everything within easy reach. The bedroom provides a comfortable retreat, and the smart layout makes everyday living feel effortless. Step outside onto the large west-facing balcony - a true extension of your living space and the perfect spot for morning coffee, evening drinks or taking in the beautiful Toronto skyline and west-facing sunsets. Be sure to check out the fantastic garden area and lounge, as well as the well-equipped fitness centre and media room. And the location? Regent Park puts you close to an impressive range of amenities. Enjoy easy access to the Regent Park Community Centre, local parks, recreation facilities, shops, cafés and restaurants, as well as the Toronto Public Library's Regent Park branch. With nearby TTC streetcar and bus routes and easy connections to the subway, getting around the city is convenient whether you're commuting downtown, heading to the Distillery District or exploring everything Toronto has to offer. With a functional layout, spacious main living areas, a generous private balcony and skyline views, this is a home that delivers much more than its square footage suggests. Smart city living, a connected community and room to breathe - all in the heart of Regent Park. (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.
Extended: 38 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) has been listed for 38 days, which is 48 days fresher than the city average of 86. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $499,000, about 7.0× the local median household income of $71,000.
Carrying it typically needs a household income of about $97,472 (20% down, 25-yr amortization, stress-tested) — roughly 37% above the area median.
Source: Statistics Canada, 2021 Census (FSA M5A)
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