2508 - 170 Sumach Street

Regent Park, Toronto

2508 - 170 Sumach Street, Regent Park, Toronto

$629,000


Bedrooms: 2

Bathrooms: 2

Living Area: 700 sqft

Price Per Sqft: $898.57


About this Condo

in Regent Park, Toronto

Welcome to the penthouse! This exceptional two-bedroom, two-bathroom residence features eleven-foot ceilings and a highly functional layout designed to maximize every square foot. Bathed in natural light, the unit offers stunning west-facing views of the city skyline and the CN Tower. A spacious entryway leads into a kitchen equipped with a large stone island-perfect for gatherings-and a pantry providing ample storage. The living room features wall-to-wall windows with a direct walk-out to a private balcony. The primary bedroom includes expansive west-facing windows, a double closet, and a four-piece ensuite bathroom. The second bedroom also offers a double closet and a glass wall that allows for significant natural light.This unit includes both parking and a locker. Residents also enjoy access to a wide range of amenities, including a concierge, party room, bike storage, billiards and media rooms, a basketball court, business centre, gym, squash court, and a rooftop deck and garden. Ideally situated, the building is a short stroll from shopping on Queen St, the Distillery District, and Riverside, as well as various parks and community centres. With the TTC at your doorstep and easy access to the DVP, this location is perfectly connected.

Listed by UNION REALTY BROKERAGE INC..


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LAND TRANSFER TAX CALCULATOR


Purchase Price  
First-Time Home Buyer

Ontario Land Transfer Tax
Toronto Land Transfer Tax

Province of Ontario (effective January 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a refund of up to $4,000.

Source: Calculating Ontario Land Transfer Tax
Source: Ontario Land Transfer Tax for First-Time Homebuyers

City of Toronto (effective March 1, 2017)

For Single Family or Two Family Homes

  • Up to and including $55,000.00 -> 0.5%
  • $55,000.01 to $250,000.00 -> 1%
  • $250,000.01 to $400,000 -> 1.5%
  • $400,000.01 & $2,000,000.00 -> 2%
  • Over $2,000,000.00 -> 2.5%

First-time homebuyers may be eligible for a rebate of up to $4,475.

Source: Municipal Land Transfer Tax Rates and Calculations
Source: Municipal Land Transfer Tax Rates Rebate Opportunities


MORTGAGE CALCULATOR


     
Asking Price: Interest Rate (%):
Amortization:  
Percent Down:
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First Mortgage:
CMHC Prem.:
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* This material is for informational purposes only.

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