52 Sumach Street, Toronto, ON
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Property Highlights
Welcome to this remarkable Loft condo apartment located in the coveted neighborhood of Moss Park. Expertly crafted featuring premium concrete construction, this residence presents an exceptional opportunity offered at $725,000 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.
- 2 Bedrooms and 1 Bathroom
- Generous living space spanning 800-899 sqft
- 1.0 total parking spaces available with a convenient underground configuration
- Notable attributes: Built-In Oven, Carpet Free, Primary Bedroom - Main Floor
- equipped with central air central cooling and highly efficient forced air heating via gas
Description
Stylish 2-Bedroom Loft at Corktown District Lofts - A Unique Condo Townhouse Alternative! This stunning boutique loft offers 2 spacious bedrooms and a rare, private, fully fenced and lockable 400 sq ft rooftop terrace with unobstructed Toronto skyline views, with electricity, gas, water, built-in bar with mini fridge, and wood decking - perfect for entertaining. Inside the condo, the open-concept layout features 10' ceilings and floor-to-ceiling windows that fill the space with natural light. The sleek kitchen is a showstopper, with an oversized 7-foot quartz island ideal for cooking and hosting. The primary bedroom fits a king-sized bed and includes a custom walk-in closet with brand new built-ins. Enjoy the convenience of your own private street-level entrance - ideal for pet owners and those seeking direct access without the hassle of elevators. Located in the heart of Corktown, just steps to transit, shops, cafes restaurants, parks, and everything downtown living has to offer. A short walk to Distillery, Cabbagetown, Corktown Commons, and so much more! King Street Car at your door step. New Ontario Line subway station coming around the corner.
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Key Features
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Features
Property Features
Interior Features
Built-In Oven, Carpet Free, Primary Bedroom - Main Floor, Countertop Range
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Property History
No historical data available for this property.
This could be the first listing for this address.
Pricing & Value Insights
Data-driven valuation for 52 Sumach Street 101, Toronto C08, ON M5A 3J7
Based on 0 recent similar sales in the pocket.
Properties in this area are selling at a steady pace.
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About Purchasing a Home in Toronto, ON
For a property listed at $725,000 in Toronto, the legal minimum down payment is $47,500 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 $10,975 for this transaction. Since the property is located in Toronto, a municipal land transfer tax of $10,975 also applies, bringing the total estimated land transfer taxes to $21,950.
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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.
