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    702 - 225 Sumach Street

    For SaleDuEast Condos
    $449,900
    Studio
    1 Bath
    0 Parking
    399 SQFT
    26 Days on Strata
    Est Sell Timeframe
    16 Days

    Listing History

    Unit Highlights

    Property Type:
    Condo
    Cost Per Sqft:
    $1,128/sqft
    Maintenance Fees:
    $304/mth
    Taxes:
    $1,526 (2023)
    Locker:
    Owned
    Outdoor Space:
    Balcony
    Exposure:
    East
    Possession Date:
    May 1, 2024
    Buyer's Market
    Balanced
    Seller's Market

    Maintenance Fees

    Included
    Heat
    Air Conditioning
    Water
    Building Maintenance
    Excluded
    Hydro

    Unit Details

    Air Conditioning
    Central Air
    Heat Source
    Gas
    Heating
    Forced Air
    Ensuite Laundry
    No

    Room Dimensions

    Living
    Combined with Kitchen, Open Concept, Walkout To Balcony
    12.47 x 12.47ft
    Kitchen
    Combined with Living, Open Concept
    12.47 x 12.47ft
    Bedroom
    Combined with Living, Open Concept
    12.47 x 12.47ft

    About this Listing

    Don't miss this incredible opportunity to immerse yourself in the heart of the city! Recently Constructed, this spacious studio suite boasts a fantastic layout, soaring ceilings, and a modern kitchen complete with built-in appliances. Enjoy the convenience of ensuite laundry, separate locker for storage, balcony and a 4Pc bath. The building itself is a modern masterpiece, packed with top-notch amenities including an outdoor terrace with BBQs, a spacious gym, co-working space, a kids zone, and a vibrant party room. With TTC and highway access nearby, as well as the Pam McConnell Aquatic Centre next door, you'll have everything you need within reach. Parks, schools, shopping, and dining options are all just steps away, making this property an ideal investment or pied-a-terre.

    re/max condos plus corporationMLS® #C8265022


    Amenities

    Guest Suites
    BBQ
    Bike Storage
    Business Centre
    Gym Room
    Indoor Parking

    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%

    Days on Strata

    Units at DuEast Condos spend an average of
    23
    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
    AVERAGE
    chance of receiving
    Multiple Offers

    Turnover of Units

    On average, each unit is owned for
    N/A
    YEARS before being sold again

    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

    13
    Units were Sold over the past twelve months

    Rented Units

    64
    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

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price RangeNo Data$530,000 - $620,000$650,000 - $685,000$729,500 - $804,000$685,000$955,000 - $985,000
    Avg. Cost Per SqftNo Data$955$973$909$823$790
    Avg. Wait for Unit Availability186 Days58 Days26 Days45 Days169 Days182 Days
    Ratio of Units in Building6%27%37%20%6%7%

    Maintenance Fees

    DuEast Condos vs The Regent Park Area

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