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New2 hours ago

408 - 55 Regent Park Boulevard

Regent Park, Toronto

$585,000

Condo Apartment |
1 + 1 | 1 | 1 | 1
About this home

Most condos make you choose: ceiling height, usable outdoor space, convenient storage or great amenities. Unit 408 brings them together. Rare 10-foot ceilings give this home an open, airy feeling that many condos simply cannot offer. Step outside onto an approximately 200-square-foot private terrace-large enough to furnish, entertain and genuinely enjoy. Surrounded by greenery, it offers a welcome sense of privacy while still keeping you connected to the city. Even the practical details work harder here. Your locker is located on the same floor, making seasonal items and everyday storage easy to access. The building amenities are also just steps from your door-including the gym, so the old "I'd work out if it were closer" excuse is officially retired. And then there is Regent Park. This neighbourhood is not what it used to be-it is better. Parks, schools, sports fields, running tracks, the aquatic centre, local shops and TTC access are all close by, creating an active and connected downtown community. With its soaring ceilings, oversized terrace and uncommon everyday conveniences, this is more than another condo unit. It is a home that makes city living feel easier, brighter and considerably less boxed in.

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Contact BrokerHub Inc..

BrokerHub Inc.
(647) 254-1864
TypeCondo Apartment
StyleApartment
Approx. Age11-15
Size600-699 sq. ft.
Maintenance Fees$624
LockerOwned
BalconyTerrace
ExposureWest
Parking TypeUnderground
Parking Spaces1
Parking FeaturesNone
Property Tax$2,237
mls© NumberC13812876
Listed ByCentury 21 Signature Service
Heat Included
Water Included
Common Elements Included
Building Insurance Included
Parking Included

Listing History

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  • No recent lease history for this listing.

Schools

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What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$2,994
Property tax
$186
Heat allowance
$150
Condo fees, half counted
$312
Housing costs
$3,643 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $117,000
25-yr amortization

Income needed

$112,000

gross annual household income

Payment at 4%
$2,462 / mo
Cash down
$117,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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