1009-225 Sumach Street, Toronto, ON

Regent Park, Toronto · MLS® C13519516

$599,900
For Sale
Listed 14 days ago
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2Bedrooms
2Bathrooms
1Garage
800-899Sq Ft

About this home

Welcome To This Modern And Stylish Condo In The Heart Of Toronto's Vibrant Regent Park Community. This Bright And Functional Unit Features An Open-Concept Layout With Floor-To-Ceiling Windows, Filling The Space With Natural Light And Creating A Comfortable Urban Living Environment.The Contemporary Kitchen Offers Sleek Cabinetry, Quality Countertops, And Integrated Appliances, Seamlessly Connecting To The Living And Dining Area-Perfect For Both Everyday Living And Entertaining. The Spacious Bedroom Provides A Cozy Retreat With Ample Closet Space, Complemented By A Modern Bathroom With Clean Finishes.Enjoy Your Private Balcony And Access To Excellent Building Amenities Including Concierge, Fitness Centre, Party Room, And More.Prime Downtown Location! Steps To TTC, Parks, Regent Park Aquatic Centre, Restaurants, Cafes, And Grocery Stores. Minutes To Eaton Centre, TMU (Ryerson University), Distillery District, And The Financial District. Ideal For First-Time Buyers, Young Professionals, Or Investors.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13519516
Bedrooms
2
Bathrooms
2
Size
800-899
Cross streets
Dundas & River Street
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Maintenance
$650/mo
Exposure
North West
Property tax
$3,356 / 2025
Days on market
14
Listing brokerage
RE/MAX EXCEL REALTY LTD.
Moe’s TakeTeam Asgarian · Broker
Below comparables
$674Kest. value

Listed at $599,900, this home is about 11% below comparable homes, worth a close look. The number above is my independent estimate of value, not the asking price.

Based on 8 similar homes nearby, adjusted for size, beds, and baths.Median of 8 comparable active listings, adjusted for size, beds, and baths. The city (MPAC) assessment points to about $658K, a close match.

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, listed at $589K
  • Size difference +$79K
  • Adjusts to $668K

That comparable adjusts to $668K; the $674K estimate above is the median of all 8 comparables, which is steadier than any single home.This uses comparable active listings, not sold prices. Lot, condition, and finishes are my in-person call, and I can run a full CMA with recent solds.

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.

On location, this is a very walkable address with everyday errands close by. Dundas St East at Sumach St is about a 1-minute walk away. Walkable, transit-friendly spots tend to hold value and widen your resale pool.

List price
$600KGreat deal$679KOverpriced

Total price vs nearby homes. Fair value about $674K, median of 8 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Open-concept layout: modern, sought-after flow.
  • Transit / schools nearby: convenience and resale support, verify the exact distances and school catchment.
  • Lifestyle
  • Value driver
Comparable listingsCurrently listed nearby in Regent Park · asking prices
$596kavg asking

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

3012-5 Defries Street$600k1407-55 Regent Park Boulevard$600k921-5 Defries Street$608k1104-5 Defries Street$589k1807-170 Sumach Street$585k

The 5 closest of 8 active listings nearby.

See all comparable homes
600kThis home600k600k608k589k585kThis home vs active comparables
Live market pulseActive comparables in Regent Park · median list $589K
$706this home / sqft
21active listings nearby
14days on market

This home lists 16% below the area average of $836/sqft.

On the market now.

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.

Getting around

83/ 100

Very WalkableA walkability read built from the amenities around this home: how close the nearest transit stop is, and how many grocery, dining, park, and pharmacy destinations fall within a 15-minute walk. It is a guide, not a guarantee. Places data from Google.

Most daily errands can be done on foot.

🚉 Nearest transit: Dundas St East at Sumach St, about 55 m away

20+ transit stops20+ grocery20+ dining20+ parks20+ pharmacies

Within a 15-minute (1.5 km) walk.

Nearby neighbourhoods

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

Church-Yonge Corridor
$577K
Waterfront Communities C8
$1.19M
Annex
$1.57M
Waterfront Communities C1
$672K
Banbury-Don Mills
$500K

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

Affordability & Mortgage

Affordability
$2,734/mo
$129KIncome needed
4.7×Price ÷ income
$631Weekly 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 $2,734Property tax $280Condo fee $650Total carry $3,664

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 17, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,561per month

Mortgage amount $479,920 · 4.14% over 25 years

$119,980Down payment (20.0%)
$479,920Loan before insurance
$0CMHC premium
$3,491Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,561
Property tax
$280
Condo / maintenance fees
$650
Heating
$0
Estimated monthly cost
$3,491

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

One-time closing costs

Ontario land transfer tax
$8,473
Toronto municipal land transfer tax
$8,473
Estimated closing costs
$16,946

Plus your down payment of $119,980. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$3,111/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

$288,389Total interest paid
$768,309Total of all payments
Principal $479,920 Interest $288,389
YearPrincipalInterestBalance
1$11,243$19,490$468,677
2$11,713$19,019$456,964
3$12,203$18,529$444,761
4$12,714$18,019$432,047
5$13,245$17,487$418,802
6$13,799$16,933$405,003
7$14,377$16,356$390,626
8$14,978$15,754$375,648
9$15,604$15,128$360,044
10$16,257$14,475$343,787
11$16,937$13,795$326,850
12$17,646$13,087$309,204
13$18,384$12,349$290,820
14$19,153$11,580$271,668
15$19,954$10,779$251,714
16$20,788$9,944$230,926
17$21,658$9,074$209,268
18$22,564$8,169$186,704
19$23,508$7,225$163,196
20$24,491$6,241$138,705
21$25,515$5,217$113,190
22$26,583$4,150$86,607
23$27,695$3,038$58,913
24$28,853$1,879$30,060
25$30,060$673$0

At the end of your 5-year term

Total paid over the term
$153,662
Principal paid down
$61,118
Interest paid
$92,544
Balance remaining
$418,802

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$2,700/mo
$32,400Gross annual rent
2.8%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.

5.4%
Gross yield
− Property tax $3,356− Condo fees $7,800− Insurance $600− Vacancy & upkeep $3,564Net operating income $17,080

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX EXCEL REALTY LTD.. MLS®/PropTx.

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