170 Sumach St 401
Regent Park, Downtown Toronto, M5A 0C3
FOR SALE
$559,000
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Property Description
The Daniels Corporation's "One Park Place North" - An iconic building in the revitalized and vibrant Regent Park. A large, bright and very functional 1BR layout that is equipped with an underground parking space and storage locker. Enjoy the oversized balcony to take in everything this neighborhood has to offer . Modern finishes with an attention to detail. Stainless steel appliances and a large kitchen peninsula breakfast bar. Super spacious unit with high ceilings to make it feel even bigger. The Dundas street car is at your doorstep or an easy drive to the Gardiner or DVP, and a fabulous array of building amenities including an indoor basketball court for your enjoyment. 97/100 walk score and steps to every area amenity.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2019-11-28 | 2020-01-21 | 54 | $2,175 | $2,100 | Leased |
Extras
Includes all existing appliances, window coverings, ELFs, underground parking space & storage locker.
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,525 (2024)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
170 Sumach St 401 is a 1-bedroom 1-bathroom condo listed for sale at $559,000, which is $10,236 (1.8%) lower than the average sold price of $569,236 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $1,563 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $22,277 (3.8%) from the same time one year ago.Inventory Change
There were 1,261 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 7.8% compared with the previous 30 day period (September 21 - October 20) and up 2.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,859) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $855 increase compared to the previous 30 day period (September 21 - October 20) and ($13,197) more 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 21 - November 19) stood at 49.5%, up from 37.0% over the previous 30 days (September 21 - October 20) and up from 31.6% 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 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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