$498,000 - 170 Sumach Street Unit 907, Cabbagetown
Condo for Sale in Cabbagetown
New — Listed 2 days agoNeighbourhood: Regent Park
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- MLS Number
- C13853780
- Property Type
- Condo
- Status
- active
- Days on Site
- 2
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 700 - 1,099 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Taxes (2025)
- $2,956
- Maintenance Fees
- $722/mo
- Locker
- Owned
- Exposure
- South West
- Balcony
- Terrace
- Listing Brokerage
- SUTTON GROUP-ADMIRAL REALTY INC.
Experience elevated downtown living in this sun-drenched, southwest-facing 2-bedroom, 2-bathroom suite at the highly sought-after One Park Place. Freshly painted and featuring brand-new flooring throughout, this bright, move-in-ready condo offers a clean, modern feel with an exceptional outdoor living space rarely found in the city. The true showstopper is the expansive private terrace, seamlessly extending your living space to over 800 sq. ft. combined indoor and outdoor. With unobstructed views of the lush rooftop gardens and Toronto skyline, the terrace is the perfect setting for summer entertaining, outdoor dining, morning coffee, or simply relaxing in the sun. Inside, floor-to-ceiling windows and soaring ceilings fill the home with natural light, beautifully complementing the new laminate flooring & fresh paint in the open-concept living and dining area. The modern kitchen boasts pot lights, quartz countertops, built-in sleek stainless steel appliances & centre island. The functional layout features a spacious primary bedroom with private 4-piece ensuite and large double mirrored closet, & generously sized second bedroom, a second 3-piece bathroom with separate glass shower & in-suite laundry closet. Complete with 1 underground parking space and 1 storage locker, this suite offers both style and everyday convenience. One Park Place residents enjoy an impressive array of amenities, including a professional-grade fitness centre, basketball court, two squash courts, screening room, party room, concierge, sauna, piano lounge, guest suites and landscaped courtyard with BBQ areas. Ideally located close to transit, the waterfront, restaurants, cafes, shopping, and entertainment, with quick access to the Don Valley Parkway for an easy commute throughout the GTA. A rare opportunity to own a freshly updated condo with an incredible private terrace in one of downtown Toronto's most vibrant communities. Just move in and enjoy! Photos have been virtually staged.
Estimate your monthly payments for this property
Estimated Payment
$2,555.00/mo
Includes CMHC insurance ($13,894)
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 907, 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 $711/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 $722/month fees should cover building insurance, common elements, and reserve contributions.
Efficient Living
At 700 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.