90 Sumach St 702
Regent Park, Downtown Toronto, M5A 4R4
FOR SALE
$2,580,000
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Property Description
Experience the pinnacle of urban living in this architecturally significant hard-loft penthouse in Toronto's iconic Brewery Lofts. Spanning almost 2,300 SF of combined interior and exterior space, this impeccably renovated masterpiece is bathed in natural light, offering breathtaking skyline and lake views and showcasing premium design and materials in every detail. Soaring 14-foot ceilings, original concrete pillars, and floor-to-ceiling crittall-inspired windows create a sense of grandeur in the open-concept living and dining areas, featuring a dramatic gas fireplace, polished concrete floors, and a walkout suspended balcony. The custom chef's kitchen, equipped with Sub-Zero and Wolf appliances, an expansive centre island and dual-temperature control wine fridge, is perfect for entertaining. The primary bedroom offers a serene retreat with a spa-like 5-piece ensuite, heated floors, and custom closets. The second bedroom mirrors the property's exquisite design with white oak flooring, integrated lighting, and a recessed flatscreen television nook. A floating staircase leads to the second-floor loft and rooftop terrace, where a seamless indoor/outdoor living space awaits, complete with a Wolf BBQ, refrigerator, dishwasher, and gas-burning fire pit. Nestled in the heart of Corktown, this exclusive loft epitomizes modern sophistication and historic charm, just steps from transit and Toronto's most vibrant east-end neighbourhoods and hotspots.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2021-05-10 | 2021-05-13 | 3 | $1,998,000 | $2,250,000 | Sold |
Extras
Heated Flooring, Integrated LED (Lutron/Caseta) Lighting System, Smart Home System, Soundproof Walls, Suspended Main Floor Balcony, 2nd Floor Rooftop Terrace With Indoor/Outdoor Kitchen, Cedar Decking, Custom Canopy & Big Foot Sliding Door.
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Property Details
Street
Community
City
Property Type
Condo Apt, Loft
Approximate Sq.Ft.
1800-1999
Taxes
$6,476 (2023)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Hydro Included
Yes
Air Conditioning
Central Air
Parking 1
Owned (1/40)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 20.51' x 37.01' | Concrete Floor, W/O To Balcony, Gas Fireplace |
Dining | Main | 37.01' x 20.51' | Open Concept, Combined W/Living, Concrete Floor |
Kitchen | Main | 20.51' x 37.01' | B/I Appliances, Centre Island, Combined W/Dining |
Office | Main | 7.25' x 35.76' | Pass Through, Hardwood Floor, 3 Pc Bath |
Prim Bdrm | Main | 12.99' x 14.17' | 5 Pc Ensuite, B/I Closet, Recessed Lights |
2nd Br | Main | 12.99' x 10.01' | Hardwood Floor, Recessed Lights |
Loft | 2nd | 14.67' x 10.01' | Heated Floor, Galley Kitchen, Glass Doors |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
90 Sumach St 702 is a 2-bedroom 2-bathroom condo listed for sale at $2,580,000, which is $1,813,926 (236.8%) higher than the average sold price of $766,074 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $7,530 (1.0%) compared to the previous 30 day period (September 21 - October 20) and down $40,072 (5.0%) from the same time one year ago.Inventory Change
There were 1,204 2-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 12.5% compared with the previous 30 day period (September 21 - October 20) and up 7.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($20,452) (2.7%) below asking price over the last 30 days (October 21 - November 19), which represents a $2,119 decrease compared to the previous 30 day period (September 21 - October 20) and ($21,092) 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 2-bedroom condos in Downtown Toronto over the last 30 days (October 21 - November 19) stood at 47.6%, up from 33.4% over the previous 30 days (September 21 - October 20) and up from 34.7% 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 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 61 days before being removed from the market upon being suspended or terminated.Listing contracted with Sotheby's International Realty Canada
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