Welcome to this remarkable 1 Storey/Apt condo apartment located in the coveted neighborhood of Regent Park. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $579,000 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.
Welcome to Unit 507 at 170 Sumac Street, a beautifully updated one-bedroom, one-bathroom suite offering modern comfort in the heart of Regent Park This warm and inviting home features a newly renovated kitchen with contemporary finishes, complemented by rich hardwood flooring throughout. Creative redesign gives the space a fresh, functional flow while maintaining a cozy, livable feel. The living area opens onto a private walk-out terrace overlooking lush gardens and mature trees. An ideal spot for morning coffee or quiet evenings, a nature filled escape in the heart of the city. Although the unit is on the 5th floor you will enjoy an uncluttered western view from what appears to be the second floor. Incredible amenities Half basketball court, pickle ball courts, well equipped gym, grand piano in party room and my favorite... the roof top community garden. Each suite is allocated its own portion of the community garden for private planting and gardening. This unit has a locker on the same level as the unit. Stylish, comfortable, and move-in ready, this suite blends urban convenience with a calm, residential atmosphere in one of Toronto's most exciting neighborhoods!
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Hospital, Public Transit
Built-In Oven, Carpet Free, Storage
Concierge/Security
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Data-driven valuation for 170 Sumach Street 507, Toronto C08, ON M5A 0C3
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Properties in this area are selling at a steady pace.
Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Toronto.
About Purchasing a Home in Toronto, ON
For a property listed at $579,000 in Toronto, the legal minimum down payment is $32,900 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.
Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $8,055 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $8,055 also applies, bringing the total estimated land transfer taxes to $16,110.
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Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.