The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Listing data provided by the Toronto Regional Real Estate Board (TRREB). Data is deemed reliable but not guaranteed.
A Rare Outdoor Oasis in the Heart of the City! Welcome to this exceptional corner suite at 225 Sumach Street, where an extraordinary 700 sq. ft. west-facing private terrace takes centre stage. With clear, unobstructed views and an abundance of space for outdoor dining, entertaining, gardening, this remarkable terrace truly sets this home apart. Inside, this spacious 3-bedroom plus den, 2-bathroom corner suite offers over 1,000 sq. ft. of thoughtfully designed living space. 9-foot ceilings, floor-to-ceiling windows and an abundance of natural light create a bright, airy and inviting atmosphere throughout. The generous layout provides plenty of room for both everyday living and entertaining, complemented by underground parking and a private locker on the second floor. Built by the renowned Daniels Group, this exceptional residence offers an impressive collection of state-of-the-art amenities, including a rooftop terrace, fully equipped fitness centre, yoga studio, party room, meeting and gathering spaces, and children's play area, providing everything you need without ever leaving home. Ideally located next to the Pam McConnell Aquatic Centre and Regent Park, with parks, recreation, shops, cafés and restaurants all close by. TTC is right at your doorstep, making commuting effortless, while downtown Toronto, the Distillery District, St. Lawrence Market and George Brown College are just minutes away. A rare combination of space, light and exceptional outdoor living - with a 700 sq. ft. private west-facing terrace that you simply won't find in many downtown condos.
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Estimated Rental Income
Rental estimate coming soon
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A monthly rent range from nearby leased homes of the same type and size
The leased comparables behind it (signed-in, VOW-gated)
Gross yield at the current list price
Monthly Cost
A quick estimate to plan with. Taxes come from the listing; change the other inputs to match your situation.
Estimated monthly$4,391/mo
Mortgage (principal + interest)$2,989
Property taxFrom listing: $4,675/yr$390
Condo feesFrom listing$1,012
Minimum $54,900 down for this price; the slider moves in whole percent, starting at 7%. Under 20% adds mortgage default insurance. Confirm with a lender.
Mortgage uses Canadian semi-annual compounding. Houses-Gate doesn’t offer financing.
Estimated Budget
About how much cash you’ll need on closing day, besides the mortgage.
Down payment20% of the list price$159,800
Ontario land transfer taxProvincial brackets, no first-time refund$12,455
Toronto land transfer taxMunicipal brackets, no first-time refund$12,455
Legal fees & disbursementsTypical range $1,800–$2,800$1,800
Home inspectionTypical range $500–$800$600
Title insuranceTypical range $300–$600$400
Cash needed at closingEstimate$187,510
First-time buyers can get up to $4,000 back on Ontario land transfer tax. Toronto adds its own land transfer tax; first-time buyers can get up to $4,475 back on it.
Uses Ontario’s land transfer tax brackets and the down payment set in Monthly Cost. Legal, inspection and title-insurance figures are typical ranges, not quotes.
Listing data is provided under copyright by the Toronto Regional Real Estate Board (TRREB). The data is deemed reliable but is not guaranteed to be accurate. The trademarks MLS®, Multiple Listing Service®, and the associated logos are owned by the Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.
The information provided herein must only be used by consumers that have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial purpose or any other purpose.
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change, or withdrawal. Neither listing broker(s) nor HousesGate shall be responsible for any typographical errors, misinformation, misprints, and shall be held totally harmless.
