$539,000

For sale

#419 55 Regent Park Boulevard, Toronto (Regent Park) - Single Family for Sale

#419 55 Regent Park Boulevard, Toronto (Regent Park), Ontario, M5A0C2

2 beds1 bath1 parking650 ft²$623/mo condo feeListed 44 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 650 sq ft of space. Its $539,000 asking price sits right in line with the $558,888 median in Toronto. It has been on the market 44 days, fresher than the Toronto average of 86 days.

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Description

Welcome to One Park Place! This bright and thoughtfully designed 1 Bedroom + Den offers approximately 613 sq. ft. of interior living space with approximately 100 sq. ft. private balcony, complete with parking and locker. The functional open-concept layout features floor-to-ceiling windows, a modern kitchen, generous living and dining space, and a versatile den ideal for a home office or additional living space. Enjoy an exceptional collection of building amenities including a fitness centre, full-size basketball court, squash courts, rooftop terrace with BBQs, party and games rooms, guest suites and 24-hour concierge. Ideally located in the heart of Regent Park, steps to the Aquatic Centre, parks, TTC, shops, restaurants and everyday conveniences. A fantastic opportunity offering a highly functional layout, private outdoor space, parking and storage in a vibrant downtown community. (id:66096)

Property Details

MLS®: C13820438
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $623/mo
Fee Includes: Common Area Maintenance, Heat, Water, Insurance, Parking
Ownership: Condo/Strata
Property Tax: $2,646.84/yr
Listed: 44 days ago

Rooms

Main level

Living room: 3.44 x 3.46 meters
Kitchen: 3.5 x 2.7 meters
Primary Bedroom: 3.44 x 2.79 meters
Den: 2.06 x 2.94 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, Stove, Range, Dryer, Microwave
Flooring: Laminate
Exterior: Concrete, Brick

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

44d

Toronto (Regent Park) listings, avg age

86d

Price / ft²

$830

List price

$539K

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 44 days, which is 42 days fresher than the city average of 86. Act while there is still low competition.

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Listed by HARVEY KALLES REAL ESTATE LTD. · REZA IPCHILAR

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $539,000, about 7.6× the local median household income of $71,000.

Carrying it typically needs a household income of about $105,286 (20% down, 25-yr amortization, stress-tested) — roughly 48% 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)

$539,000· $830/ft²

For sale

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Full Cost Breakdown

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Down Payment5.36% · $28,900

Min 5.36%50%

Mortgage payment$2,828/mo

↳ CMHC premium ($20,404 capitalized)

Property tax (est.)$221/mo

Condo fee$623/mo

Total monthly$3,672

Cash Needed to Close

Down payment (5.36%)$28,900

Land transfer tax$14,510

Est. closing costs$4,117

Total cash needed$47,527

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