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    170 Sumach Street

    One Park Place North Tower
    8for Sale
    4for Rent

    Building Details

    Property Type:
    Condo
    Number of Storeys:
    25
    Number of Units:
    363
    Condo Completion:
    2014
    Condo Demand:
    Medium
    Unit Size Range:
    336 - 1,256 SQFT
    Unit Availability:
    Medium

    Listing History for One Park Place North Tower

    Receive listing updates for Regent Park

    Amenities

    Party Room
    Visitor Parking
    Gym Room
    Sauna
    Squash Court
    Bike Storage

    Maintenance Fees

    Included
    Water
    Excluded
    Hydro
    Heat
    Air Conditioning

    About 170 Sumach StreetOne Park Place North Tower

    Nestled at 170 Sumach St in the Regent Park neighbourhood, One Park Place North Tower is a 25 storey condominium offering easy access to transit options, green spaces, dining, and nightlife. And unlike most modern glass towers, the white exterior and traditional frame of this condo is a nice change from the usual cookie cutter design. This building is part of a 2 building development, the other being One Park Place South Tower.

    Because this building was built in 2014, anyone seeking Toronto condos for sale can rest easy knowing that all units are move in ready — and amenities are modern; gym, yoga studio, party room, common room, games room, meeting room, squash court, security guard, concierge, and parking garage.

    This building is ideal for first time home buyers, couples, and young professionals, as it offers affordable units with desirable finishes; with that being said, buyers of all ages and demographics will likely be drawn to this property due its ample amenities and incredible location.

    The Suites

    One Park Place North Tower is home to 363 units, all of which follow open concept layouts to maximize living space. Buyers have a ton of choice here, with dozens of layouts and exposures, from 347 square feet for bachelor style condo to 998 square feet for a 2 bedroom + den.

    Affordable prices often come with dated finishes, but you wont need to worry about that with this property — there are no shag carpets here. In every suite you’ll find desirable finishes like quartz countertops, stainless steel appliances, 9 foot ceilings, and private balconies.

    But what is quite possibly the best aspect of owning a suite in this building, is the excitement that awaits you just outside the lobby doors. It’s true that other east end neighbourhood tend to get most of the attention, but with so many new developments cropping up in Regent Park, and the wealth of nearby restaurants and nightlife options, you’ll always have something to do on a Friday night — or Monday… no judgement here.

    The Neighbourhood

    If you're living in downtown Toronto, you expect to have quality cafes nearby. Coffee enthusiasts — or those whose enthusiasm borders on addiction — have Tim Hortons just around the corner, and for something fancier, you have Sumach Espresso, Red Line Coffee, Show Love Café, all within walking distance.

    Step outside your lobby doors and you have dining options in every direction; you can go west for Paintbox Bistro, south for Flame Shack and Fusilli, east for Lady Marmalade, and north for Qi Sushi. Of course, these are but a few of the restaurants available in the area, including a Wendy’s on the ground level of your building if you’re too lazy to walk.

    Entertainment options are vast for residents of this neighbourhood — those who love recreational activities have Pam McConnell Aquatic Centre just across the street, and Regent Park Athletic Grounds is just a short walk south. You can stroll to Dominion Pub and Kitchen for a drink, or hop on the streetcar on Dundas and head west for nightlife on Church and Yonge.

    For that all important breath of fresh air, there are parks close-by such as Regent Park North and Sumach-Shuter Parkette. But if what you crave is a more expansive natural environment, you’re within walking distance of the sizeable Riverdale Park West and Rosedale Ravine Lands.

    Transportation

    170 Sumach St has a 91 Walk Score, perfect for residents who prefer to run errands on foot; there’s a Shoppers Drug Mart on the ground level of the building, and a FreshCo on Parliament for any grocery pickups.

    Those who rely on public transit will have no trouble getting around — there are east and westbound street cars right outside of your building on Dundas, and route 502 will carry you to Dundas Station for the Yonge-University subway line.

    Toronto is a driver’s city — said nobody ever, and if you hear someone say that, you should shout at that person. Fortunately, car owners have a somewhat driver friendly location; a short trip east on Dundas will have you on the Don Valley Parkway in minutes… Hooray!

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    8

    Listings For Sale

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    4

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    Explore Regent Park

    9/10
    Walkability
    One small step for you. One giant leap towards never needing a gym membership.
    9/10
    Transit
    Meet the heartbeat of the city — transit so smooth, you’ll never miss a beat.
    7/10
    Bikeability
    Your bike's the trusty steed in this urban jungle — giddy up!

    Similar condos

    Demographics

    Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.

    Population
    15,518
    Average Individual Income
    $59,703
    Average Household Size
    3 persons
    Average Age
    45
    Average Household Income
    $107,043
    Dominant Housing Type
    High Rise Apartment
    Population By Age
    0 - 14
    14%
    15 - 19
    1%
    20 - 34
    24%
    35 - 49
    20%
    50 - 64
    20%
    65+
    18%
    Household Income
    $0 - $30,000
    50%
    $30,000+
    25%
    $60,000+
    13%
    $90,000+
    7%
    $125,000+
    3%
    Housing Types & Tenancy
    High Rise Apartment
    35%
    Detached
    35%
    Semi Detached
    20%
    Duplex
    6%
    Low Rise Apartment
    2%
    Marital Status
    Commute
    Languages (Primary Language)
    Other
    69%
    Mandarin
    14%
    Cantonese
    11%
    Tagalog
    2%
    Arabic
    1%
    Spanish
    1%
    Armenian
    1%
    Urdu
    1%
    Education
    University and Above
    36%
    High School
    26%
    College
    15%
    None
    15%
    University Below Batchelor
    3%
    Apprenticeship
    2%
    Major Field of Study
    Business Management
    26%
    Architecture & Engineering
    20%
    Health & Related Fields
    12%
    Math & Computer Sciences
    10%
    Social Sciences
    10%
    Physical Sciences
    4%
    Humanities
    3%
    Education
    3%
    Visual & Performing Arts
    3%
    Personal, Protective & Transportation Services
    2%

    Maintenance Fees

    One Park Place North Tower vs The Regent Park Area

    Days on Strata

    Units at One Park Place North Tower spend an average of
    32
    Days on Strata
    based on recent sales

    List vs Selling Price

    On average, these condos sell for
    2%
    below
    the list price.

    Offer Competition

    Condos in this building have an
    AVERAGE
    chance of receiving
    Multiple Offers
    compared to other buildings in Regent Park

    Turnover of Units

    On average, each unit is owned for
    6.1
    YEARS before being sold again

    Property Value

    2%
    Increase in property value within the past twelve months

    Price Ranking

    11th
    Highest price per SQFT out of 23 condos in the Regent Park area

    Sold Units

    17
    Units were Sold over the past twelve months

    Rented Units

    39
    Units were Rented over the past twelve months

    Best Value Rank

    One Park Place North Tower offers the
    ?
    best value out of 23 condos in the Regent Park neighbourhood

    Appreciation Rank

    One Park Place North Tower has the
    ?
    highest ROI out of 23 condos in the Regent Park neighbourhood

    Rental Yield

    One Park Place North Tower yields the
    ?
    highest rent prices out of 23 condos in the Regent Park neighbourhood

    High Demand

    One Park Place North Tower is the
    ?
    most popular building out of 23 condos in the Regent Park neighbourhood

    Transaction Insights at 170 Sumach Street

    Studio1 Bed1 Bed + Den2 Bed2 Bed + Den3 Bed
    Price Range$372,500 - $420,000$525,000 - $578,000$555,000 - $710,000$705,000 - $740,000No DataNo Data
    Avg. Cost Per Sqft$1,068$1,033$978$978No DataNo Data
    Avg. Wait for Unit Availability100 Days43 Days34 Days67 Days202 DaysNo Data
    Ratio of Units in Building15%30%32%18%7%1%

    Unit Sales vs Inventory

    Total number of units listed and sold in Regent Park