225 Sumach St 1702

FOR SALE
$495,000
225 Sumach St 1702, Downtown Toronto
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
225 Sumach St 1702
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0
BEDROOMS
1
BATHROOMS
1
KITCHENS
4
ROOMS
C11934076
MLSID
Contact Us
Property 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 Features
Clear View, Hospital, Library, Park, Public Transit, School
Property Details
Street
Community
Property Type
Condo Apt, Bachelor/Studio
Approximate Sq.Ft.
0-499
Taxes
$1,710 (2024)
Basement
None
Exterior
Concrete, Other
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingFlat14.99' x 14.27'W/O To Balcony, Combined W/Br, Mirrored Closet
BrFlat14.99' x 14.27'W/O To Balcony, Combined W/Br, Mirrored Closet
KitchenFlat14.99' x 14.27'B/I Appliances, Combined W/Living
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
225 Sumach St 1702 is a 0-bedroom 1-bathroom condo listed for sale at $495,000, which is $116,764 (30.9%) higher than the average sold price of $378,236 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $22,091 (5.5%) compared to the previous 30 day period (November 19 - December 18) and down $54,974 (12.7%) from the same time one year ago.
Inventory Change
There were 56 0-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is up 12.0% compared with the previous 30 day period (November 19 - December 18) and up 69.7% compared with the same period last year.
Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($10,643) (2.8%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,505 increase compared to the previous 30 day period (November 19 - December 18) and ($16,026) more than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 0-bedroom condos in Downtown Toronto over the last 30 days (December 19 - January 17) stood at 26.8%, down from 44.0% over the previous 30 days (November 19 - December 18) and down from 57.6% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 0-bedroom 1-bathroom condo in Downtown Toronto stood at 37 days when successfully sold over the last 30 days (December 19 - January 17), compared to 94 days before being removed from the market upon being suspended or terminated.
Listing contracted with Century 21 Innovative Realty Inc.
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