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1112E - 225 Sumach Street
For SaleDuEast CondosEst Sell Timeframe 22 Days
$487,000
Price Cut: $598,000
1 Bed + 1
1 Bath
0 Parking
600 - 699 SQFT
31 Days on Strata
Listing History
Unit Highlights
Property Type:
Condo
Cost Per Sqft:
$697 - $812/sqft
Maintenance Fees:
$363/mth
Taxes:
$2,244 (2024)
Locker:
Exclusive
Outdoor Space:
Balcony
Exposure:
West
Possession Date:
April 1, 2024
Buyer's Market
Balanced
Seller's Market
Maintenance Fees
Included
Building Insurance
Excluded
Hydro
Heat
Air Conditioning
Water
Unit Details
- Air Conditioning
- Central Air
- Heat Source
- Gas
- Heating
- Forced Air
- Ensuite Laundry
- No
Room Dimensions
Living
10.7 x 13.35ft
About this Listing
Welcome to this Penthouse level! Beautiful 1 Bedroom +Den Unit with city views!!! Upgraded floors and 10-foot smooth Ceilings, Perfectly shaped Den. functional Layout With Upgraded Stainless Steel Appliances, Upgraded Counters, Upgraded Floors And Cabinets. Full-Sized Washer And Dryer. Amazing Location That Is Steps To Transit, Parks, Grocery Stores, Shopping, Downtown, Waterfront, Community Center, Restaurants, Union, Highways, And Much More. Unit Is Move-In Ready In A Brand New Building With Excellent Amenities. You will Not Be Disappointed!
homelife new world realty inc.MLS® #C8185464
Amenities
Visitor Parking
Bike Storage
Media Room
Party Room
Indoor Parking
Gym Room
Nearby Amenities
9/10
Walkability
One small step for you. One giant leap towards never needing a gym membership.
10/10
Transit
Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
7/10
Bikeability
Your bike's the trusty steed in this urban jungle — giddy up!
Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Population
15,518
Average Individual Income
$59,703
Average Household Size
3 persons
Average Age
45
Average Household Income
$107,043
Dominant Housing Type
High Rise Apartment
Population By Age
Household Income
Housing Types & Tenancy
High Rise Apartment
35%
Detached
35%
Semi Detached
20%
Duplex
6%
Low Rise Apartment
2%
Marital Status
Commute
Languages (Primary Language)
Other
69%
Mandarin
14%
Cantonese
11%
Tagalog
2%
Arabic
1%
Spanish
1%
Armenian
1%
Urdu
1%
Education
University and Above
36%
High School
26%
College
15%
None
15%
University Below Batchelor
3%
Apprenticeship
2%
Major Field of Study
Business Management
26%
Architecture & Engineering
20%
Health & Related Fields
12%
Math & Computer Sciences
10%
Social Sciences
10%
Physical Sciences
4%
Humanities
3%
Education
3%
Visual & Performing Arts
3%
Personal, Protective & Transportation Services
2%
Price Trends
Building Trends At DuEast Condos
Days on Strata
Units at DuEast Condos spend an average of
22
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
4%
above
the list price.
Offer Competition
Condos in this building have an
AVERAGEchance of receiving
Multiple Offers
Turnover of Units
On average, each unit is owned for
N/A
Property Value
-10%
Decrease in property value within the past twelve months
Price Ranking
11th
Highest price per SQFT out of 23 condos in the Regent Park area
Sold Units
14
Units were Sold over the past twelve months
Rented Units
65
Units were Rented over the past twelve months
Best Value Rank
DuEast Condos offers the best value out of 23 condos in the Regent Park neighbourhood
?
Appreciation Rank
DuEast Condos has the highest ROI out of 23 condos in the Regent Park neighbourhood
?
Rental Yield
DuEast Condos yields the highest rent prices out of 23 condos in the Regent Park neighbourhood
?
High Demand
DuEast Condos is the most popular building out of 23 condos in the Regent Park neighbourhood
?
Transaction Insights at 225 Sumach Street
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | |
---|---|---|---|---|---|---|
Price Range | No Data | $530,000 - $620,000 | $650,000 - $685,000 | $729,500 - $804,000 | $685,000 | $955,000 - $985,000 |
Avg. Cost Per Sqft | No Data | $945 | $973 | $909 | $823 | $790 |
Price Range | $1,900 - $2,300 | $1,700 - $2,600 | $2,250 - $2,800 | $2,695 - $3,500 | $3,380 - $3,600 | $3,600 - $4,000 |
Avg. Wait for Unit Availability | 186 Days | 58 Days | 26 Days | 45 Days | 169 Days | 182 Days |
Avg. Wait for Unit Availability | 49 Days | 14 Days | 12 Days | 19 Days | 72 Days | 83 Days |
Ratio of Units in Building | 6% | 27% | 37% | 20% | 6% | 7% |
Maintenance Fees
DuEast Condos vs The Regent Park Area