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Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Regent Park. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $559,000 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.
The Daniels Corporation's "One Park Place North" - An iconic building in the revitalized and vibrant Regent Park. A large, bright and very functional 1BR layout that is equipped with an underground parking space and storage locker. Enjoy the oversized balcony to take in everything this neighborhood has to offer . Modern finishes with an attention to detail. Stainless steel appliances and a large kitchen peninsula breakfast bar. Super spacious unit with high ceilings to make it feel even bigger. The Dundas street car is at your doorstep or an easy drive to the Gardiner or DVP, and a fabulous array of building amenities including an indoor basketball court for your enjoyment. 97/100 walk score and steps to every area amenity.
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Data-driven valuation for 170 Sumach Street 401, Toronto C08, ON M5A 0C3
Based on 0 recent similar sales in the pocket.
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 $559,000 in Toronto, the legal minimum down payment is $30,900 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 $7,655 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $7,655 also applies, bringing the total estimated land transfer taxes to $15,310.
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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.