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    1702 - 225 Sumach St

    For SaleDuEast Condos
    5.0
    $495,000
    Studio
    1 Bath
    0 Parking
    499 SQFT
    10 Days on Strata
    Est Sell Timeframe
    11 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Maintenance Fees:
    $320/mth
    Taxes:
    $1,710 (2024)
    Cost Per Sqft:
    $992 - $1,240/sqft
    Locker:
    Common
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    February 28, 2025
    Laundry:
    Ensuite
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Building Insurance
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air

    Room Dimensions

    Living
    Walkout To Balcony, Combined with Br, Mirrored Closet
    14.27 x 14.99ft
    Bedroom
    Walkout To Balcony, Combined with Br, Mirrored Closet
    14.27 x 14.99ft
    Kitchen
    Built-in Appliances, Combined with Living
    14.27 x 14.99ft

    About this Listing

    Modern Studio Apartment in Regent Park! Discover this stylish and newly built studio apartment on the 17th floor, offering sleek design, premium finishes, and stunning east-facing city views. This 500 sq. ft. unit features a modern bathroom with elegant fixtures, an open-concept layout, an enclosed balcony for a modern bathroom with elegant fixtures, an open-concept layout, an enclosed balcony for air conditioning/heating for year-round comfort. Currently rented for $1,895/month, the tenant offers flexibility to stay or move out, making it an excellent choice for personal use or as a turnkey investment property with steady rental income potential. The building boasts top-tier amenities, including a fully-equipped gym, yoga studio, co-working space, vibrant party room, outdoor BBQ areas, and gardening spaces. Residents also enjoy 24-hour security, concierge services, guest suites, and guest parking. Across the street, access the Pam McConnell Aquatic Centre for swimming and leisure activities. Situated in the heart of Regent Park at Dundas/Sumach, this prime location provides easy access to TTC streetcars, major highways, dining, shopping, and entertainment. Nearby conveniences include Tim Hortons, banks, 24-hour Rabba grocery store, parks, schools, and more. This modern studio apartment offers a rare combination of location, luxury, and lifestyle, making it perfect for first-time buyers or investors. Dont miss the chance to own this stunning unit in one of Torontos most vibrant neighborhoods!

    ExtrasStainless Steel Appliances, Cooktop & Oven, Range Hood, Microwave, Fridge, B/I Dishwasher, Stacked Washer & Dryer, All Electric Light Fixtures, All Rolling Blinds, One Locker Included.

    century 21 innovative realty inc.MLS® #C11934076


    Amenities

    Concierge
    Sauna
    Media Room
    Business Centre
    Bike Storage
    Indoor Parking

    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    10/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

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    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    15,518
    Average Individual Income
    $59,703
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $107,043
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    24%
    35 - 49
    20%
    50 - 64
    20%
    65+
    18%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    25%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    35%
    Detached
    35%
    Semi Detached
    20%
    Duplex
    6%
    Low Rise Apartment
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    14%
    Cantonese
    11%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Armenian
    1%
    Urdu
    1%
    Education
    University and Above
    36%
    High School
    26%
    College
    15%
    None
    15%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Math & Computer Sciences
    10%
    Social Sciences
    10%
    Physical Sciences
    4%
    Humanities
    3%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Maintenance Fees

    DuEast Condos vs The Regent Park Area

    Days on Strata

    Units at DuEast Condos spend an average of
    35
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    5%
    above
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Regent Park

    Turnover of Units

    On average, each unit is owned for
    4.8
    YEARS before being sold again

    Property Value

    -5%
    Decrease in property value within the past twelve months

    Price Ranking

    10th
    Highest price per SQFT out of 27 condos in the Regent Park area

    Sold Units

    13
    Units were Sold over the past twelve months

    Rented Units

    66
    Units were Rented over the past twelve months

    Best Value Rank

    DuEast Condos offers the
    ?
    best value out of 27 condos in the Regent Park neighbourhood

    Appreciation Rank

    DuEast Condos has the
    ?
    highest ROI out of 27 condos in the Regent Park neighbourhood

    Rental Yield

    DuEast Condos yields the
    ?
    highest rent prices out of 27 condos in the Regent Park neighbourhood

    High Demand

    DuEast Condos is the
    ?
    most popular building out of 27 condos in the Regent Park neighbourhood

    Transaction Insights at 225 Sumach Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$405,000$458,000 - $620,000$600,000$705,000$770,000$920,000 - $955,000
    Avg. Cost Per Sqft$900$962$931$720$839$775
    Avg. Wait for Unit Availability441 Days60 Days40 Days51 Days234 Days165 Days
    Ratio of Units in Building7%28%35%20%6%7%

    Transactions vs Inventory

    Total number of units listed and sold in Regent Park