225 Sumach St 2301
Regent Park, Downtown Toronto, M5A 0P8
FOR SALE
$539,900
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Property Description
Welcome to unit 2301 at the DuEast condos, a charming 1-bedroom, 1-bathroom condo in the heart of Toronto's vibrant Regent Park neighbourhood. This stylish residence offers a perfect blend of modern convenience and urban sophistication. The open-concept living area is designed to maximize space and light, featuring large windows that flood the room with natural morning sunlight from the east. The well-appointed kitchen includes sleek appliances, ample storage, and a convenient centre island making it ideal for both everyday living and entertaining guests. The cozy bedroom provides a serene retreat, complete with generous closet space. This unit also includes a convenient locker. Residents of 225 Sumach St. enjoy a range of exceptional amenities, including a state-of-the-art fitness center, a rooftop terrace with panoramic city views, and a community lounge perfect for social gatherings. The building also features a 24-hour concierge service, ensuring added security and convenience. The surrounding Regent Park neighborhood is a dynamic and evolving area known for its community spirit and excellent amenities. Enjoy the nearby parks, including the expansive Regent Park, which offers sports facilities, playgrounds, and green spaces for relaxation and recreation. The neighborhood is also home to a variety of local shops, cafes, and restaurants, providing plenty of dining and entertainment options. With convenient access to public transit and major roads, commuting to other parts of the city is effortless. This condo represents a fantastic opportunity to experience urban living at its finest in one of Toronto's most up-and-coming areas.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-09-04 | 2024-12-31 | 118 | $539,900 | - | Expired |
| 2024-01-15 | 2024-03-23 | 68 | $549,000 | $530,000 | Sold |
| 2022-08-10 | 2022-09-04 | 25 | $2,350 | $2,350 | Leased |
| 2021-05-02 | 2021-05-07 | 5 | $1,675 | $1,675 | Leased |
Property Features
Library, Park, Public Transit, Rec Centre, School, School Bus Route
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,146 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 8.50' x 10.66' | Laminate, W/O To Balcony, Sliding Doors |
| Dining | Main | 8.50' x 10.66' | Laminate, Combined W/Living, Sliding Doors |
| Prim Bdrm | Main | 12.40' x 8.50' | Laminate, Large Closet, Large Window |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
225 Sumach St 2301 is a 1-bedroom 1-bathroom condo listed for sale at $539,900, which is $17,210 (3.1%) lower than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) 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 1-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Connect Realty
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