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    Toronto / Downtown / Corktown - Toronto

    502 - 52 Sumach St

    For RentCorktown District I Lofts
    $2,550/mth
    1 Bed
    1 Bath
    0 Parking
    569 SQFT
    6 Days on Strata
    Est Lease Timeframe
    22 Days

    Listing History

    Unit Highlights

    Ownership Type:
    Condo
    Possession Date:
    April 1, 2025
    Lease Term:
    1 Year
    Property Type:
    Condo
    Utilities Included:
    No
    Outdoor Space:
    Balcony
    Furnished:
    No
    Exposure:
    East
    Locker:
    None
    Renter's Market
    Balanced
    Landlord's Market

    Utilities Included

    Rent Includes
    Heat
    Air Conditioning
    Water
    Excluded
    Hydro

    Utility Type

    Air Conditioning
    Central Air
    Heat Source
    No Data
    Heating
    Forced Air

    Room Dimensions

    Living
    18.37 x 11.98ft
    Kitchen
    Breakfast Bar
    8.2 x 4.63ft
    Prim Bdrm
    9.58 x 9.29ft

    About this Listing

    Corktown district lofts, top floor penthouse unit, 10 ft ceilings, large east facing windows, open concept, kitchen complete with breakfast bar/. Stainless steel appliances, gas stove, tall cabinets, ensuite laundry. Enjoy oversized terrace with BBQ connection. Amenities @ 510 King St include Gym, Party room, visitor parking. Walk to distillery district and St Lawrence market.

    royal lepage signature realtyMLS® #C11988753

    Amenities

    Indoor Parking
    Visitor Parking
    Bike Storage
    Gym Room
    Concierge
    Rooftop Deck

    Explore Neighbourhood

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    9/10
    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!

    Similar Listings

    Demographics

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

    Population
    11,959
    Average Individual Income
    $60,766
    Average Household Size
    3 persons
    Average Age
    44
    Average Household Income
    $102,581
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    26%
    35 - 49
    19%
    50 - 64
    18%
    65+
    18%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    25%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    2%
    Housing Types & Tenancy
    High Rise Apartment
    47%
    Detached
    33%
    Semi Detached
    10%
    Duplex
    5%
    Low Rise Apartment
    4%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    74%
    Mandarin
    10%
    Cantonese
    9%
    Arabic
    2%
    Tagalog
    2%
    Telugu
    1%
    Hindi
    1%
    Spanish
    1%
    Education
    University and Above
    40%
    High School
    23%
    College
    15%
    None
    14%
    Apprenticeship
    3%
    University Below Batchelor
    3%
    Major Field of Study
    Business Management
    25%
    Architecture & Engineering
    22%
    Health & Related Fields
    11%
    Math & Computer Sciences
    10%
    Social Sciences
    9%
    Physical Sciences
    5%
    Humanities
    4%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%
    Agriculture & Natural Resources
    1%

    Price Trends

    Maintenance Fees

    Corktown District I Lofts vs The Corktown - Toronto Area

    Building Trends At Corktown District I Lofts

    Days on Strata

    Units at Corktown District I Lofts spend an average of
    39
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    4%
    below
    the list price.

    Offer Competition

    Condos in this building have a
    LOW
    chance of receiving
    Multiple Offers
    compared to other buildings in Corktown - Toronto

    Turnover of Units

    On average, each unit is owned for
    3.3
    YEARS before being sold again

    Property Value

    3%
    Increase in property value within the past twelve months

    Price Ranking

    1st
    Highest price per SQFT out of 19 condos in the Corktown - Toronto area

    Sold Units

    6
    Units were Sold over the past twelve months

    Rented Units

    6
    Units were Rented over the past twelve months

    Best Value Rank

    Corktown District I Lofts offers the
    ?
    best value out of 19 condos in the Corktown - Toronto neighbourhood

    Appreciation Rank

    Corktown District I Lofts has the
    ?
    highest ROI out of 19 condos in the Corktown - Toronto neighbourhood

    Rental Yield

    Corktown District I Lofts yields the
    ?
    highest rent prices out of 19 condos in the Corktown - Toronto neighbourhood

    High Demand

    Corktown District I Lofts is the
    ?
    most popular building out of 19 condos in the Corktown - Toronto neighbourhood

    Transaction Insights at 549 King Street E

    1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$665,000 - $783,500$657,500 - $780,000$900,000No Data$1,200,000
    Avg. Cost Per Sqft$1,343$950$960No Data$843
    Avg. Wait for Unit Availability49 Days100 Days420 Days893 Days979 Days
    Ratio of Units in Building60%28%8%2%4%

    Transactions vs Inventory

    Total number of units listed and leased in Corktown - Toronto