$799,000 - 225 Sumach Street Unit 405, Cabbagetown
Condo for Sale in Cabbagetown
Neighbourhood: Regent Park
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- MLS Number
- C13807904
- Property Type
- Condo
- Status
- active
- Days on Site
- 16
- Bedrooms
- 3
- Bathrooms
- 2
- Square Feet
- 1,000 sqft
- Neighbourhood
- Regent Park / Cabbagetown / St. James Town
- Taxes (2026)
- $4,675
- Maintenance Fees
- $1,012/mo
- Locker
- Owned
- Exposure
- West
- Balcony
- Terrace
- Listing Brokerage
- RE/MAX HALLMARK REALTY LTD.
A Rare Outdoor Oasis in the Heart of the City! Welcome to this exceptional corner suite at 225 Sumach Street, where an extraordinary 700 sq. ft. west-facing private terrace takes centre stage. With clear, unobstructed views and an abundance of space for outdoor dining, entertaining, gardening, this remarkable terrace truly sets this home apart. Inside, this spacious 3-bedroom plus den, 2-bathroom corner suite offers over 1,000 sq. ft. of thoughtfully designed living space. 9-foot ceilings, floor-to-ceiling windows and an abundance of natural light create a bright, airy and inviting atmosphere throughout. The generous layout provides plenty of room for both everyday living and entertaining, complemented by underground parking and a private locker on the second floor. Built by the renowned Daniels Group, this exceptional residence offers an impressive collection of state-of-the-art amenities, including a rooftop terrace, fully equipped fitness centre, yoga studio, party room, meeting and gathering spaces, and children's play area, providing everything you need without ever leaving home. Ideally located next to the Pam McConnell Aquatic Centre and Regent Park, with parks, recreation, shops, cafés and restaurants all close by. TTC is right at your doorstep, making commuting effortless, while downtown Toronto, the Distillery District, St. Lawrence Market and George Brown College are just minutes away. A rare combination of space, light and exceptional outdoor living - with a 700 sq. ft. private west-facing terrace that you simply won't find in many downtown condos.
Estimate your monthly payments for this property
Estimated Payment
$4,099.28/mo
Includes CMHC insurance ($22,292)
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.
225 Sumach Street Unit 405, 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 $799/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.
Market Position
At 16 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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 $1012/month fees should cover building insurance, common elements, and reserve contributions.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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.
Investment Perspective
Looking at this as an investment: Cabbagetown properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $3,329 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.