207 - 52 Sumach Street

Moss Park, Toronto

207 - 52 Sumach Street, Moss Park, Toronto

$549,900


Bedrooms: 1

Bathrooms: 1

Living Area: 600 sqft

Price Per Sqft: $916.50


About this Condo

in Moss Park, Toronto

Tired of the narrow, cookie-cutter condos dominating today's market? Welcome to Suite 207 at 52Sumach Street-a rare opportunity to own a home that lives more like a true loft. With 10-foot ceilings, polished concrete floors, exposed ductwork, west-facing terrace and 665 square feet of bright, open-concept living space, this boutique Corktown residence offers character, scale, and style that's increasingly hard to find.A proper foyer welcomes you inside before opening into the expansive living and dining area, where the well-appointed kitchen anchors the space with quartz countertops, an undermount sink, and full-sized fridge, stove & microwave. Large west-facing windows fill the home with natural light, while the spacious 120sqft terrace overlooks the quiet side of the building. Wide enough to comfortably accommodate both a full dining space and a lounge area, it's a private outdoor retreat surrounded by mature greenery.The generous bedroom features a large walk-in closet with closet organizers and a four-piece semi-ensuite bathroom with convenient access from both the bedroom and foyer, creating an ideal layout for everyday living and entertaining alike.Opportunities in this intimate boutique building are few and far between. Tucked away on a quiet street yet only minutes from downtown, you're just steps to transit and approximately five minutes to the city's core. Enjoy some of Toronto's best dining right outside your door, including Gusto 501, Terrain's Sud Forno, and an ever-growing collection of neighbourhood favourites, with Leslieville, Riverdale Park, the Distillery District, and St. Lawrence Marketall within easy walking distance.Character, space, and an unbeatable location-this is Corktown loft living at its best.

Listed by SAGE REAL ESTATE LIMITED.


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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:
Down Payment:
First Mortgage:
CMHC Prem.:
Total Financing:
Monthly P&I:
* This material is for informational purposes only.

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