507 - 170 Sumach Street

Regent Park, Toronto

507 - 170 Sumach Street, Regent Park, Toronto

$579,000


Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $965.00


About this Condo

in Regent Park, Toronto

Welcome to Unit 507 at 170 Sumac Street, a beautifully updated one-bedroom, one-bathroom suite offering modern comfort in the heart of Regent Park This warm and inviting home features a newly renovated kitchen with contemporary finishes, complemented by rich hardwood flooring throughout. Creative redesign gives the space a fresh, functional flow while maintaining a cozy, livable feel. The living area opens onto a private walk-out terrace overlooking lush gardens and mature trees. An ideal spot for morning coffee or quiet evenings, a nature filled escape in the heart of the city. Although the unit is on the 5th floor you will enjoy an uncluttered western view from what appears to be the second floor. Incredible amenities Half basketball court, pickle ball courts, well equipped gym, grand piano in party room and my favorite... the roof top community garden. Each suite is allocated its own portion of the community garden for private planting and gardening. This unit has a locker on the same level as the unit. Stylish, comfortable, and move-in ready, this suite blends urban convenience with a calm, residential atmosphere in one of Toronto's most exciting neighborhoods!

Listed by RE/MAX WEST REALTY 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.:
Total Financing:
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* This material is for informational purposes only.

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