225 Sumach St 2002
Regent Park, Downtown Toronto, M5A 0P8
FOR SALE
$389,000
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BEDROOMS1
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Property Description
Welcome to urban sophistication in this stunning studio, offering breathtaking views of the city skyline. This meticulously designed residence features high-end finishes throughout. Floor-to-ceiling windows fill the space with natural light, creating a bright and open atmosphere.Step out onto your private balcony and enjoy the city's vibrant energy from the comfort of your home.Enjoy 24 Hr Concierge service,premium amenities & close proximity to the city's finest dining,shopping,and entertainment.Perfect for professionals or those seeking a luxurious pied a terre in the heart of the city.
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Extras
Smooth/High Ceilings,Wainscotting,Custom Backsplash,Modern Light Fixtures,Custom Blinds ,Freshly Painted.
Property Features
Arts Centre, Clear View, Park, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Taxes
$1,710 (2024)
Basement
None
Exterior
Brick Front, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
225 Sumach St 2002 is a 0-bedroom 1-bathroom condo listed for sale at $389,000, which is $18,540 (4.5%) lower than the average sold price of $407,540 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 0 bedroom condo in Downtown Toronto declined by $4,278 (1.0%) compared to the previous 30 day period (September 1 - September 30) and down $46,645 (10.3%) from the same time one year ago.Inventory Change
There were 66 0-bedroom condos listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 18.5% compared with the previous 30 day period (September 1 - September 30) and down 15.4% compared with the same period last year.Sold Price Above/Below Asking ($)
0-bedroom condos in Downtown Toronto typically sold ($10,192) (2.5%) below asking price over the last 30 days (October 1 - October 30), which represents a $10,592 decrease compared to the previous 30 day period (September 1 - September 30) and ($4,540) less 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 (October 1 - October 30) stood at 37.9%, up from 27.2% over the previous 30 days (September 1 - September 30) and up from 34.6% 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 47 days when successfully sold over the last 30 days (October 1 - October 30), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with The Agency
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