408-55 Regent Park Boulevard, Toronto, ON

Regent Park, Toronto · MLS® C13812876

$585,000
For Sale
Listed 27 days agoNo offer date stated
Request a showing
◎ Directions
1+1Bedrooms
1Bathrooms
1Garage
600-699Sq ft

About this home

In short

  • Most condos make you choose: ceiling height, usable outdoor space, convenient storage or great amenities.
  • Unit 408 brings them together.
  • Rare 10-foot ceilings give this home an open, airy feeling that many condos simply cannot offer.
  • Step outside onto an approximately 200-square-foot private terrace-large enough to furnish, entertain and genuinely enjoy.
  • With its soaring ceilings, oversized terrace and uncommon everyday conveniences, this is more than another condo unit.

Most condos make you choose: ceiling height, usable outdoor space, convenient storage or great amenities. Unit 408 brings them together. Rare 10-foot ceilings give this home an open, airy feeling that many condos simply cannot offer. Step outside onto an approximately 200-square-foot private terrace-large enough to furnish, entertain and genuinely enjoy. Surrounded by greenery, it offers a welcome sense of privacy while still keeping you connected to the city. Even the practical details work harder here. Your locker is located on the same floor, making seasonal items and everyday storage easy to access. The building amenities are also just steps from your door-including the gym, so the old "I'd work out if it were closer" excuse is officially retired. And then there is Regent Park. This neighbourhood is not what it used to be-it is better. Parks, schools, sports fields, running tracks, the aquatic centre, local shops and TTC access are all close by, creating an active and connected downtown community. With its soaring ceilings, oversized terrace and uncommon everyday conveniences, this is more than another condo unit. It is a home that makes city living feel easier, brighter and considerably less boxed in.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13812876
Bedrooms
1+1 (2 total)
Bathrooms
1
Size
600-699 sq ft
Cross streets
Dundas And Sumach
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Brick, Concrete
Maintenance
$624/mo
Exposure
West
Property tax
$2,237 / 2025
Days on market
27
Listing brokerage
Century 21 Signature Service

Rooms

DenFlat2.90 × 2.06 m

sliding doors · closet organizers · laminate

Living RoomFlat3.51 × 3.45 m

walk-out · combined w/dining · laminate

Dining RoomFlat3.51 × 3.45 m

open concept · combined w/living · laminate

Primary BedroomFlat2.79 × 3.53 m

large window · mirrored closet · laminate

KitchenFlat3.53 × 3.35 m

quartz counter · centre island · stainless steel appl

Our TakeTeam Asgarian · Broker
No automatic estimate

No automatic estimate is shown here: there is not a deep enough record of recent sales of homes like this one in this neighbourhood to support one.

Considering this property? Request a written price read

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.

What sellers nearby are askingCurrently listed nearby in Regent Park · asking prices
$534kavg asking

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

Per square foot, these ask about $800/sqft; this home lists at $901/sqft. Size is part of the price story, not just the sticker.

The 5 closest of 8 active listings nearby.

See all comparable homes
585kThis home599k539k500k490k542kThis home vs active comparables

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
$495K
Waterfront Communities C8
$525K
Kensington-Chinatown
$578K
Waterfront Communities C1
$699K
Niagara
$631K

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
Also nearby: 12 more schools within 2.5 km
Lord Dufferin Junior and Senior Public School · Public elementary0.5 km · 55% at standard
Sprucecourt Junior Public School · Public elementary0.6 km · 59% at standard
SEED Alternative School · Public secondary0.9 km
St Martin Catholic School (St.Martin) · Catholic secondary0.9 km
Queen Alexandra Middle School · Public elementary0.9 km · 71% at standard
Dundas Junior Public School · Public elementary1.0 km · 59% at standard
Winchester Junior and Senior Public School · Public elementary1.1 km · 76% at standard
Market Lane Junior and Senior Public School · Public elementary1.1 km · 74% at standard
Eastdale Collegiate Institute · Public secondary1.2 km
Our Lady of Lourdes Catholic School · Catholic elementary1.3 km · 64% at standard
St Martin Catholic School(OL of Lourdes · Catholic elementary1.3 km
Quest Alternative School Senior · Public elementary1.4 km

Not the assigned catchment: schools a family here could reach, with EQAO results where published.

Affordability & Mortgage

Affordability
$2,666/mo
$122KIncome needed
4.8×Price ÷ income
$615Weekly cost
$16,350Land transfer tax, one-time (Ontario + Toronto)
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.

77%mortgage
Mortgage $2,666Property tax $186Condo fee $624Total carry $3,476

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%
$
%
4.49%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 4.34% via Ratehub.ca (as of October 19, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$2,588per month

Mortgage amount $468,000 · 4.49% over 25 years

$117,000Down payment (20.0%)
$468,000Loan before insurance
$0CMHC premium
$3,398Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$2,588
Property tax
$186
Condo / maintenance fees
$624
Heating
$0
Estimated monthly cost
$3,398

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

One-time closing costs

Ontario land transfer tax
$8,175
Toronto municipal land transfer tax
$8,175
Estimated closing costs
$16,350

Plus your down payment of $117,000. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.49%Qualifying rate
$3,132/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

$308,296Total interest paid
$776,296Total of all payments
Principal $468,000 Interest $308,296
YearPrincipalInterestBalance
1$10,444$20,608$457,556
2$10,918$20,134$446,638
3$11,414$19,638$435,225
4$11,932$19,120$423,293
5$12,474$18,578$410,819
6$13,040$18,012$397,779
7$13,632$17,420$384,147
8$14,251$16,801$369,896
9$14,898$16,154$354,998
10$15,575$15,477$339,423
11$16,282$14,770$323,142
12$17,021$14,031$306,121
13$17,794$13,258$288,327
14$18,602$12,450$269,725
15$19,446$11,606$250,279
16$20,329$10,723$229,950
17$21,252$9,800$208,698
18$22,217$8,835$186,481
19$23,226$7,826$163,255
20$24,280$6,771$138,974
21$25,383$5,669$113,591
22$26,535$4,516$87,056
23$27,740$3,312$59,316
24$29,000$2,052$30,316
25$30,316$735$0

At the end of your 5-year term

Total paid over the term
$155,259
Principal paid down
$57,181
Interest paid
$98,078
Balance remaining
$410,819

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
2.0%Cap rate after taxes and upkeep

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.

4.2%
Gross yield
− Property tax $2,237− Condo fees $7,485− Insurance $600− Vacancy & upkeep $2,706Net operating income $11,572

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of Century 21 Signature Service. MLS®/PropTx.

CallRequest a showing