41 days on Market

225 Sumach St #1702, Toronto, Ontario M5A 0P8

In the same building:
-
Condo
-
1
~0-499 sqft
$495,000
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Condo
-
1
~0-499 sqft

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Highlights

Estimated ValueNot available

Price/Sqft$496/sqft

Est. Mortgage$2,126/mo

Maintenance fees$320/mo

Tax Amount (2024)$1,710/yr

Days On Market41 days


Description

Modern Studio Apartment in Regent Park! Discover this stylish and newly built studio apartment on the 17th floor, offering sleek design, premium finishes, and stunning east-facing city views. This 500 sq. ft. unit features a modern bathroom with elegant fixtures, an open-concept layout, an enclosed balcony for a modern bathroom with elegant fixtures, an open-concept layout, an enclosed balcony for air conditioning/heating for year-round comfort. Currently rented for $1,895/month, the tenant offers flexibility to stay or move out, making it an excellent choice for personal use or as a turnkey investment property with steady rental income potential. The building boasts top-tier amenities, including a fully-equipped gym, yoga studio, co-working space, vibrant party room, outdoor BBQ areas, and gardening spaces. Residents also enjoy 24-hour security, concierge services, guest suites, and guest parking. Across the street, access the Pam McConnell Aquatic Centre for swimming and leisure activities. Situated in the heart of Regent Park at Dundas/Sumach, this prime location provides easy access to TTC streetcars, major highways, dining, shopping, and entertainment. Nearby conveniences include Tim Hortons, banks, 24-hour Rabba grocery store, parks, schools, and more. This modern studio apartment offers a rare combination of location, luxury, and lifestyle, making it perfect for first-time buyers or investors. Dont miss the chance to own this stunning unit in one of Torontos most vibrant neighborhoods! **EXTRAS** Stainless Steel Appliances, Cooktop & Oven, Range Hood, Microwave, Fridge, B/I Dishwasher, Stacked Washer & Dryer, All Electric Light Fixtures, All Rolling Blinds, One Locker Included.


Property Details

StyleBachelor/Studio
View-
Age of property-
SqFt~0-499 SqFt
Lot Size-
Parking Spaces-
MLS ®NumberC11934076
Community NameRegent Park
Data SourceTRREB
Listing byCENTURY 21 INNOVATIVE REALTY INC.

Features

Heating: Forced Air
Central Vacuum
Cooling: Central Air

Flat Floor

Br

4.35 x 4.57

W/O To Balcony / Combined W/Br / Mirrored Closet

Kitchen

4.35 x 4.57

B/I Appliances / Combined W/Living

Living

4.35 x 4.57

W/O To Balcony / Combined W/Br / Mirrored Closet


Features

Patio: Open
Balcony: Open

17Story
Elevator
Amenities

Bbqs Allowed, Concierge, Exercise Room, Party/Meeting Room, Rooftop Deck/Garden, Visitor Parking

Inclusions
Hydro
Water
Parking
Cable
Heat

Property History

Jan 21, 2025
ListedActive
$495,000
41 days on market
history photo preview33
Listing by trreb®
Property listed by CENTURY 21 INNOVATIVE REALTY INC., Brokerage

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Market Data - Regent Park

Geo Zone Map ThumbnailRegent Park

Balanced Market

Condo - for the past 30 days

Buyer's market Seller's market

Avg. Days on Market

Past 30 days

18 days

Compared to

2024

35 days

2023

11 days

2022

11 days

New Listings

Past 30 days

57 listings

Compared to

2024

31 listings

2023

19 listings

2022

14 listings

Units sold

Past 30 days

12 units

Compared to

2024

10 units

2023

11 units

2022

29 units

Median Sold Price

Past 30 days

$581,775

Compared to

2024

$702,450

2023

$745,800

2022

$741,000


Population and Demographics

Overview

Total population 3799
Average household income $117,089

Age (%)

20 to 34
31%
35 to 49
23%
50 to 64
18%
0 to 19
16%
65 and plus
11%

Household composition (%)

Single person
50%
Single family
42%
Multi person
8%
Multi family
0%

Mother tongue (%)

English
64%
Bengali
7%
Yue (Cantonese)
4%
Mandarin
4%
Spanish
3%
French
3%
Tamil
3%
Vietnamese
2%
Tagalog (Pilipino, Filipino)
2%
Arabic
1%
Others
0%

House tenancy (%)

Renters
68%
Owners
32%

Schools and amenities

Estimated Budget