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Listed 13 days ago

1806 - 170 Sumach Street

Regent Park, Toronto

$549,000

Condo Apartment |
1 | 1 | 1 | 1
About this home

The Daniels Corporation's "One Park Place North" An iconic building in the revitalized and vibrant Regent Park neighborhood. A bright and very functional CORNER 1BR layout measuring a robust 691 interior sq ft and including a balcony over looking the Regent Park Athletic Grounds to the East and a clear view of the CN Tower to the West. Totally renovated with modern finishes and an attention to detail. Brand new white kitchen and stainless steel appliances, freshly laid LVP flooring throughout, premium roller window coverings dress every window, sleek flush-mounted light fixtures, black accents with crisp white paint, new washer/dryer, and more! Fantastic building amenities to enjoy, and walk out to everything the neighborhood has to offer including the Dundas street car at your doorstep and easy drive to the DVP. Residents enjoy the top-tier amenities including a full size indoor basketball court, squash court, fitness center, games room, 24 hr concierge, party room, lounges and more! This superb unit comes equipped with one underground parking space and a storage locker. Ideal for first-time buyers, downsizers or the most savvy investors.

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agent
Milad Momtaz Azad
(647) 510-8858
TypeCondo Apartment
StyleApartment
Approx. AgeNot available
Size600-699 sq. ft.
Maintenance Fees$730
LockerOwned
BalconyOpen
ExposureSouth West
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,918
mls© NumberC13593154
Listed ByROYAL LEPAGE SIGNATURE REALTY
Heat Included
Water Included
Common Elements Included
Parking Included
Building Insurance Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

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Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,810
Property tax
$243
Heat allowance
$150
Condo fees, half counted
$365
Housing costs
$3,568 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $109,800
25-yr amortization

Income needed

$110,000

gross annual household income

Payment at 4%
$2,310 / mo
Cash down
$109,800

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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