$478,000 - 170 Sumach Street Unit 507, Cabbagetown
Condo for Sale in Cabbagetown
New — Listed yesterdayNeighbourhood: Regent Park
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- MLS Number
- C14034420
- Property Type
- Condo
- Status
- active
- Days on Site
- 1
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Taxes (2025)
- $2,685
- Maintenance Fees
- $652/mo
- Locker
- Exclusive
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX WEST REALTY INC.
Welcome to Unit 507 at 170 Sumach Street, a beautifully updated one plus one 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. Stylish dining room featuring full length wall mounted bar perfect for hosting unforgettable dinner parties. Creative redesign gives the space a fresh, functional flow while maintaining a cozy, livable feel.Although situated on the fifth floor this unit has no neighbours above offering an added level of privacy. Enjoy a walk out to terrace overlooking lush gardens and mature trees an ideal spot for morning coffee or quiet evenings.!Incredible amenities. Half basketball court, pickle ball courts, professional gym, sauna, grand piano in party room, screening room, squash courts, guest suites, landscaped courtyard with bbqs and my favourite... the roof top community garden!! Each suite is allocated its own .portion of the community garden for private planting and gardening!! Locker located on the same ifloor as unit for extra convenience.This suite blends urban convenience with a calm, residential atmosphere in one of Toronto's most exciting neighbourhoods!
Estimate your monthly payments for this property
Estimated Payment
$2,452.39/mo
Includes CMHC insurance ($13,336)
5-yr fixed avg.
Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.
Discover Regent Park
Regent Park is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.
Why Live in Regent Park
- •Convenient location in Regent Park / Cabbagetown / St. James Town
- •Access to local shops and dining
- •Good public transit connections
- •Community parks and green spaces
- •Well-maintained neighbourhoods
Nearby Schools
Transit & Commuting
- •MiWay bus routes throughout the area
- •GO Transit stations within driving distance
- •Easy highway access to 401/403/QEW
- •Walking distance to local amenities
Parks & Amenities
- •Local parks and recreational facilities
- •Community centres
- •Shopping plazas nearby
- •Restaurants and cafes
Lifestyle & Community
Regent Park offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.
170 Sumach Street Unit 507, Regent Park / Cabbagetown / St. James Town
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Monthly Cash Flow Breakdown
Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.
Joe's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $797/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.
Just Listed - Act Strategically
This property hit the market within the last week. In Cabbagetown's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
Condo Considerations
For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. The $652/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.
About Regent Park
I know Regent Park well from working with many buyers and sellers here. Each pocket has its own character - let me share what I've learned about this specific street and block. During our showing, I'll point out local amenities, school catchments, and what similar homes have sold for recently.
Let's See It Together
Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.