$542,000

For sale

#705 55 Regent Park Boulevard, Toronto (Regent Park) - Single Family for Sale

#705 55 Regent Park Boulevard, Toronto (Regent Park), Ontario, M5A0C2

2 beds1 bath1 parking750 ft²$698/mo condo feeListed 42 days ago

Overview

This 2-bedroom, 1-bathroom condo in Toronto is for sale offering roughly 750 sq ft of space. Its $542,000 asking price sits right in line with the $558,888 median in Toronto. It has been on the market 42 days, fresher than the Toronto average of 86 days.

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Description

SUN-FILLED SOUTHWEST CORNER SUITE AT ONE PARK PLACE! Welcome to Suite 705, a bright and beautifully designed 1 Bedroom + Den offering a smart, functional layout in the heart of Regent Park. Floor-to-ceiling windows fill the suite with natural light, while the open-concept living, dining and kitchen areas create an inviting space for everyday living and entertaining. The versatile den is perfect for a home office, dining area or additional living space.Enjoy resort-style amenities including 24-hour concierge, basketball court, two squash courts, fully equipped gym, yoga lounge, steam room, party room, stylish mixer lounge and an outdoor terrace with three BBQs.Steps to parks, cafés, restaurants, shops, community amenities and TTC, with easy access to Dundas, Queen, King and College. Downtown living with everything at your doorstep - just move in and enjoy! (id:66096)

Property Details

MLS®: C13826270
Property Type: Single Family
Bedrooms: 2
Beds (above / below): 1 above · 1 below
Bathrooms: 1
Parking: 1
Interior Size: 750 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: Garage, Underground
Condo Fee: $698/mo
Fee Includes: Common Area Maintenance, Water, Parking
Ownership: Condo/Strata
Property Tax: $3,000.18/yr
Listed: 42 days ago

Rooms

Flat

Living room: 3.78 x 3.69 meters
Dining room: 3.78 x 3.69 meters
Kitchen
Primary Bedroom: 3.38 x 2.99 meters
Den: 1.83 x 1.83 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, Hood Fan, Blinds
Flooring: Laminate
Exterior: Concrete, Brick
Lot Features: Balcony, Carpet Free

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

42d

Toronto (Regent Park) listings, avg age

86d

Price / ft²

$723

List price

$542K

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

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Listed by THE AGENCY · LAMIS DANTAS

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (M5A)

This home lists at $542,000, about 7.6× the local median household income of $71,000.

Carrying it typically needs a household income of about $105,872 (20% down, 25-yr amortization, stress-tested) — roughly 49% 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)

$542,000· $723/ft²

For sale

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Full Cost Breakdown

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Down Payment5.39% · $29,200

Min 5.39%50%

Mortgage payment$2,843/mo

↳ CMHC premium ($20,512 capitalized)

Property tax (est.)$250/mo

Condo fee$698/mo

Total monthly$3,791

Cash Needed to Close

Down payment (5.39%)$29,200

Land transfer tax$14,630

Est. closing costs$4,126

Total cash needed$47,956

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