504-170 Sumach Street, Toronto, ON

Regent Park, Toronto · MLS® C13441404

$508,888
For Sale
Listed 40 days ago
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2Bedrooms
1Bathrooms
0Parking
600-699Sq Ft

About this home

Modern Downtown Living | Steps from Everything. Discover this bright and stylish condo unit 1+Den, south-east facing, with plenty of sunlight in the heart of downtown, blending comfort, convenience, and community seamlessly. This unit features a 9-foot ceiling throughout an open balcony, in-suite laundry, and access to a range of building amenities that promote an active urban lifestyle. The den in the unit can be used as a second bedroom or home office, making this space both functional and adaptable to your needs.. Reside only moments from the Regent Park Athletic Grounds, offering a rink, basketball court, sports field, track, and other recreational facilities, all just 0.17 KM away. The area is surrounded by hospitals, parks, public transit, grocery stores, places of worship, and pet-friendly spaces (with restrictions), placing all your essentials right at your fingertips. Ideal for young professionals, couples, or investors seeking urban flair with everyday convenience.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13441404
Bedrooms
2 (1 + 1)
Bathrooms
1
Size
600-699
Cross streets
Dundas and River Street
Parking
0 parking
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$569/mo
Exposure
South East
Property tax
$2,501 / 2026
Days on market
40
Listing brokerage
HOMELIFE LANDMARK REALTY INC.

Rooms

DenMain2.93 × 2.10 m

Carpet Free

Living RoomMain3.54 × 3.48 m

combined w/dining · b/i dishwasher · large window

Primary BedroomMain2.80 × 3.57 m

carpet free · closet · carpet free

Our TakeTeam Asgarian · Broker
Below comparables
$530Kest. value

Listed at $508,888, and my independent estimate is about 4% below comparable homes, worth a close look.

In Regent Park lately, sellers get about 96% of asking; homes sell in ~31 days.

List price
$509KGreat deal$562KOverpriced

Total price vs nearby homes. Fair value about $530K, median of 13 comparables.

How this estimate is builtthe short version

I take the 13 most comparable recent sales nearby and adjust each one to this home for the real differences (size, beds, baths, garage, and standout features), then use the median, which is steadier than leaning on any single sale.

It’s grounded in recent closing prices, not asking prices. Lot, condition, and finishes are my in-person call, and the city (MPAC) assessment points to about $494K, a close match.

Schools & getting aroundcatchment and transit

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.

Based on 13 comparable homes that recently sold nearby.

Comparable listingsCurrently listed nearby in Regent Park · asking prices
$520kavg asking

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

2010-130 River Street$499k2212-170 Sumach Street$535k1306-225 Sackville Street$510k619-5 Defries Street$499k1907-225 Sackville Street$559k

The 5 closest of 6 active listings nearby.

See all comparable homes
509kThis home499k535k510k499k559kThis home vs active comparables
Live market pulseActive comparables in Regent Park · median list $559K
$784this home / sqft
32active listings nearby
40days on market
100sold nearby · 90 days
$606Kmedian sold price
96%of asking, on average

This home lists 9% below the area average of $864/sqft.

39 days longer than the Toronto average (1 days).

View comparable listings
This home
Below area avgAbove area avg

Price per square foot vs the area average.

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.

Moss Park
$490K
Church-Yonge Corridor
$587K
Bay Street Corridor
$560K
Waterfront Communities C1
$604K
Niagara
$572K

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 · 0.2 km awayBelow the GTA average · 47% meet the provincial standard

Affordability & Mortgage

Affordability
$2,319/mo
$109KIncome needed
4.7×Price ÷ income
$535Weekly 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.

75%mortgage
Mortgage $2,319Property tax $208Condo fee $569Total carry $3,097

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 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,172per month

Mortgage amount $407,110 · 4.14% over 25 years

$101,778Down payment (20.0%)
$407,110Loan before insurance
$0CMHC premium
$2,950Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,172
Property tax
$208
Condo / maintenance fees
$569
Heating
$0
Estimated monthly cost
$2,950

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

One-time closing costs

Ontario land transfer tax
$6,653
Toronto municipal land transfer tax
$6,653
Estimated closing costs
$13,306

Plus your down payment of $101,778. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$2,639/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

$244,637Total interest paid
$651,748Total of all payments
Principal $407,110 Interest $244,637
YearPrincipalInterestBalance
1$9,537$16,533$397,573
2$9,936$16,134$387,637
3$10,352$15,718$377,285
4$10,785$15,285$366,501
5$11,236$14,834$355,265
6$11,706$14,364$343,559
7$12,195$13,874$331,364
8$12,706$13,364$318,658
9$13,237$12,833$305,421
10$13,791$12,279$291,630
11$14,368$11,702$277,263
12$14,969$11,101$262,294
13$15,595$10,475$246,700
14$16,247$9,823$230,453
15$16,927$9,143$213,526
16$17,635$8,435$195,892
17$18,372$7,698$177,519
18$19,141$6,929$158,379
19$19,941$6,129$138,437
20$20,775$5,295$117,662
21$21,644$4,426$96,018
22$22,550$3,520$73,468
23$23,493$2,577$49,975
24$24,476$1,594$25,499
25$25,499$571$0

At the end of your 5-year term

Total paid over the term
$130,350
Principal paid down
$51,846
Interest paid
$78,504
Balance remaining
$355,265

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.

Investor snapshot

Rental yield
Estimate$2,050/mo
$24,600Gross annual rent
2.4%Est. cap rate

Thinking of this home as an investment? We will pull real comparable rents and run the full numbers with you.

Talk about the numbers

Estimates only. Rent is modelled on above-grade size and local norms, so a finished basement or second suite (a separate entrance often means one) can push real rent well above this. Taxes, fees, and vacancy vary by property, and cap rate is before financing. A starting point, not a final number, let us run the real ones with you.

4.8%
Gross yield
− Property tax $2,501− Condo fees $6,825− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,968

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of HOMELIFE LANDMARK REALTY INC.. MLS®/PropTx.

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