225 Sumach St 808
Regent Park, Downtown Toronto, M5A 3K3
FOR SALE
$619,000
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BEDROOMS1
BATHROOMS1
KITCHENS5
ROOMSC9507576
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Property Description
Welcome To The Newly Built DuEast Condos By Daniels. Whether You're A First Time Home Buyer Or Investor This Spacious One Bedroom Plus Den Elevates Downtown Condo Living With An Unobstructed West Facing View Of The City Skyline, A Large Balcony That Runs The Width Of The Unit, And A Massive Walk-In Closet In The Primary Bedroom. The Den Makes For A Perfect Home Office Or Extra Storage Offering Versatility To Fit Your Lifestyle Needs. Steps From Transit, Shops, Restaurants, Trails, And Recreational Facilities.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-01 | 2024-10-23 | 22 | $2,550 | - | Terminated |
| 2024-09-17 | 2024-10-23 | 36 | $629,999 | - | Terminated |
| 2024-08-29 | 2024-09-16 | 18 | $644,900 | - | Terminated |
| 2023-01-16 | 2023-02-25 | 40 | $2,500 | $2,700 | Leased |
Extras
One Parking Spot & One Locker Included.
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,482 (2024)
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (P2)
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
225 Sumach St 808 is a 1-bedroom 1-bathroom condo listed for sale at $619,000, which is $52,096 (9.2%) higher than the average sold price of $566,904 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $5,539 (1.0%) compared to the previous 30 day period (September 1 - September 30) and down $35,117 (5.8%) from the same time one year ago.Inventory Change
There were 1,279 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 1 - October 30), which is down 22.4% compared with the previous 30 day period (September 1 - September 30) and down 12.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($12,643) (2.2%) below asking price over the last 30 days (October 1 - October 30), which represents a $2,087 decrease compared to the previous 30 day period (September 1 - September 30) and ($9,800) 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 (October 1 - October 30) stood at 45.2%, up from 27.7% over the previous 30 days (September 1 - September 30) and up from 30.2% 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 31 days when successfully sold over the last 30 days (October 1 - October 30), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Digi
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