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New2 days ago

711 - 225 Sumach Street

Regent Park, Toronto

$598,000

Condo Apartment |
2 | 2 | 0 | 0
About this home

Beautifully designed 2-bedroom, 2-bath spacious corner condo, 785sqf, in the heart of Regent Park's award-winning revitalization by Daniels. This bright unit offers 270 degrees of natural light through expansive windows and a very large private balcony, at 105sqf, with vibrant cityscape views. The functional layout features a sleek kitchen with stone countertops, built-in stainless steel appliances, and a versatile island for extra workspace and casual dining. Live in one of Downtown East's most dynamic master-planned communities, anchored by Daniels' 20+ years of integrated residential, park, and cultural development. Steps to the 6-acre Regent Park Community Park, Aquatic Centre, and Daniels Spectrum arts hub, plus shops and dining just downstairs. Walkable to TMU (formerly Ryerson), and minutes to Dundas Square, Eaton Centre, and U of T via streetcar or the DVP. A rare opportunity to own in one of Toronto's most talked-about up-and-coming neighbourhoods - perfect for urban professionals, investors, or anyone seeking space, light, and connectivity in the downtown core.

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agent
Angela Montano
(647) 283-2643
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size700-799 sq. ft.
Maintenance Fees$644
LockerNone
BalconyOpen
ExposureNorth East
Parking TypeNone
Parking Spaces0
Parking FeaturesNone
Property Tax$3,062
mls© NumberC13682088
Listed ByCAREFREE HOME SOLD REALTY INC.
Water Included
Heat Included
CAC Included
Common Elements Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$3,061
Property tax
$255
Heat allowance
$150
Condo fees, half counted
$322
Housing costs
$3,788 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $119,600
25-yr amortization

Income needed

$117,000

gross annual household income

Payment at 4%
$2,516 / mo
Cash down
$119,600

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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