405-55 Regent Park Boulevard, Toronto, ON

Regent Park, Toronto · MLS® C13101858

$2,400/mo
For Lease
Listed 75 days ago
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2Bedrooms
1Bathrooms
1Garage
600-699Sq Ft

About this home

Welcome To One Park Place, Part Of The Internationally Recognized Award-Winning Regent Park Revitalization. Located In The Exciting And Transformed Community Of Regent Park. This Unit Is Built With Functional Space In Mind, Filled With Natural Light, Modern Design And Features. The Unit Offers A Spacious One Bedroom With A Large Den, A Modern Styled Kitchen, Ample Storage And A Versatile Centre Island With A Ton Of Extra Counter Space. Enjoy Your Walk Out To A Bright And Open Terrace Perfect For Hosting. Just Steps To Many New Retailers And Everyday Essentials, Convenient For Transit, Minutes To Dvp, Bayview Extension And Central Downtown. Steps From Regent Park's Athletics Grounds, Community Centre And School. Included Are Top Tier Amenity Spaces, Such As A Basketball Court, Squash Court, Full Functional Gym, Theatre Room, Games Room, Modern Party Room And Outdoor Terrace With Bbqs And Cabanas. This Unit Comes With Parking And Ample Sized Locker.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13101858
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Dundas St. E / Parliament
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick
Exposure
North West
Days on market
75
Listing brokerage
SAGE REAL ESTATE LIMITED
Moe’s TakeTeam Asgarian · Broker
Below comparables
$2,717/moest. value

Listed at $2,400/mo, this rental is about 12% below comparable rentals, worth a close look. The number above is my independent estimate of value, not the asking price.

In Regent Park lately, landlords have been getting about 99% of asking and homes lease in about 13 days.

Based on 98 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 98 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, leased for $2,295/mo
  • Adjusts to $2,295/mo

That comparable adjusts to $2,295/mo; the $2,717/mo estimate above is the median of all 98 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

The assigned public school is Inglenook Community School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$2,400/moBelow market$3,050/moAbove market

Total price vs nearby homes. Fair value about $2,717/mo, median of 98 comparables.

Comparable listingsCurrently listed nearby in Regent Park · asking prices
$2,450avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

407-55 Regent Park Boulevard$2,4501107-10 Oak Street$2,5002303-5 DEFRIES Street$2,3001903-55 Regent Park Boulevard$2,5002407-10 Oak Street$2,500

The 5 closest of 8 active listings nearby.

See all comparable homes
2,400This home2,4502,5002,3002,5002,500This home vs active comparables
Live market pulseActive comparables in Regent Park · median list $3K
36active listings nearby
75days on market
100leased nearby · 90 days
$3Kmedian leased price
99%of asking, on average

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Regent Park, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Waterfront Communities C8
$2K
Moss Park
$2K
Church-Yonge Corridor
$3K
North St. James Town
$2K
Bay Street Corridor
$3K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Nelson Mandela Park Public School
47%
Nelson Mandela Park Public SchoolPublic · Elementary · 0.1 km awayBelow the GTA average · 47% meet the provincial standard

Affordability & Mortgage

Affordability
$11/mo
$4KIncome needed
0.6×Price ÷ income
$3Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

88%mortgage
Mortgage $11Property tax $2Total carry $12

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 22, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$10per month

Mortgage amount $1,920 · 4.14% over 25 years

$480Down payment (20.0%)
$1,920Loan before insurance
$0CMHC premium
$12Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$10
Property tax
$2
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$12

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$12
Toronto municipal land transfer tax
$12
Estimated closing costs
$24

Plus your down payment of $480. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$12/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$1,154Total interest paid
$3,074Total of all payments
Principal $1,920 Interest $1,154
YearPrincipalInterestBalance
1$45$78$1,875
2$47$76$1,828
3$49$74$1,779
4$51$72$1,728
5$53$70$1,675
6$55$68$1,620
7$58$65$1,563
8$60$63$1,503
9$62$61$1,440
10$65$58$1,375
11$68$55$1,308
12$71$52$1,237
13$74$49$1,163
14$77$46$1,087
15$80$43$1,007
16$83$40$924
17$87$36$837
18$90$33$747
19$94$29$653
20$98$25$555
21$102$21$453
22$106$17$346
23$111$12$236
24$115$8$120
25$120$3$0

At the end of your 5-year term

Total paid over the term
$615
Principal paid down
$245
Interest paid
$370
Balance remaining
$1,675

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of SAGE REAL ESTATE LIMITED. MLS®/PropTx.

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