225 Sumach St 611
Regent Park, Downtown Toronto, M5A 0P8
FOR SALE
$849,900
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BEDROOMS2
BATHROOMS1
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Property Description
This Beautiful 2 Bedrooms plus 2 Full Bathrooms Condominium located in the heart of regent park down town Toronto. Amazing unit with Functional layout ,Amenities: Party Room, Gym, Yoga Studio,Rooftop Terrace,Games Room,Guest Suite,Visitor Parking,Concierge/Security,Outdoor Patio.Surrounded by 6 acre park,Walking distance to Aquatic Centre,Close to Don River,Dundas Square.TTC at your door step 12 min. ride to the Toronto Eaton Centre.Find yourself close to a variety of conveniences including FreshCo, Shoppers Drug Mart and a wide range of restaurants, bars,Cafes and more.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2023-06-09 | 2023-08-31 | 83 | $999,900 | - | Expired |
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Property Details
Street
Community
City
Property Type
Condo Apt, Other
Approximate Sq.Ft.
800-899
Taxes
$2,658 (2023)
Basement
None
Exterior
Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Exclusive
Garage Type
None
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
225 Sumach St 611 is a 2-bedroom 2-bathroom condo listed for sale at $849,900, which is $18,195 (2.2%) higher than the average sold price of $831,705 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $33,007 (4.1%) compared to the previous 30 day period (March 15 - April 13) and up $1,143 (0.1%) from the same time one year ago.Inventory Change
There were 1,810 2-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 69.5% compared with the previous 30 day period (March 15 - April 13) and up 53.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($13,848) (1.7%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,233 decrease compared to the previous 30 day period (March 15 - April 13) and ($5,131) 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 2-bedroom condos in Downtown Toronto over the last 30 days (April 14 - May 13) stood at 33.1%, down from 63.4% over the previous 30 days (March 15 - April 13) and down from 65.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 47 days before being removed from the market upon being suspended or terminated.Listing contracted with Century 21 Legacy Ltd.
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