225 Sumach St 2511
Regent Park, Downtown Toronto, M5A 0P8
FOR SALE
$794,999
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BEDROOMS2
BATHROOMS1
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Property Description
Stunning 2-bedroom, 2-bathroom Condo in the vibrant Regent Park community of Downtown Toronto. Spanning 894 sq ft with bright and spacious rooms filled with natural light, offering a panoramic and unobstructed view from the Balcony. Perfect for enjoying the city skylineandbeyond. This unit offers a perfect blend of comfort and convenience. Situated 5 minutes from Eaton Centre, this suite includes 1 parking spot and a locker. Located in a revitalized neighborhood with a new aquatic center, ice rink, and soccer field. Enjoy premium amenities like a gym, yoga room, BBQ terrace, party room, and kids' play areas. Easy access to highways and public transit. Ideal spot for convenient Downtown living. This beautiful condo offers an unbeatable urbanlifestyle.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-06-17 | 2024-07-16 | 29 | $860,000 | - | Terminated |
| 2024-05-31 | 2024-06-11 | 11 | $799,000 | - | Suspended |
Extras
Stainless Steele Fridge, Stove, Dishwasher, Washer & Dryer
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
800-899
Taxes
$3,112 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (LEVEL B/UNIT 7)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Flat | 10.50' x 13.39' | Combined W/Dining, Laminate |
| Dining | Flat | 10.50' x 13.39' | Combined W/Living, Laminate |
| Kitchen | Flat | 10.50' x 13.39' | Combined W/Living, Open Concept, Stainless Steel Appl |
| Prim Bdrm | Flat | 11.88' x 8.99' | 3 Pc Ensuite, Closet, Nw View |
| 2nd Br | Flat | 8.60' x 9.42' | W/O To Balcony, Closet, West View |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
225 Sumach St 2511 is a 2-bedroom 2-bathroom condo listed for sale at $794,999, which is $17,100 (2.2%) higher than the average sold price of $777,899 in the last 30 days (August 20 - September 18). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $8,619 (1.1%) compared to the previous 30 day period (July 21 - August 19) and down $15,780 (2.0%) from the same time one year ago.Inventory Change
There were 1,415 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 20 - September 18), which is up 31.1% compared with the previous 30 day period (July 21 - August 19) and up 12.8% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,467) (2.1%) below asking price over the last 30 days (August 20 - September 18), which represents a $4,416 increase compared to the previous 30 day period (July 21 - August 19) and ($10,475) 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 2-bedroom condos in Downtown Toronto over the last 30 days (August 20 - September 18) stood at 31.0%, down from 42.1% over the previous 30 days (July 21 - August 19) and down from 35.2% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 32 days when successfully sold over the last 30 days (August 20 - September 18), compared to 60 days before being removed from the market upon being suspended or terminated.Listing contracted with Everest Realty Ltd.
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