55 Regent Park Boulevard & 152-164 Sumach Street
Building Details
Listing History for One Park Place South Tower
Amenities
Maintenance Fees
About 55 Regent Park Boulevard — One Park Place South Tower
Rising above a brick podium at 55 Regent Park Blvd, One Park Place South Tower is a 29 storey building housing 414 downtown Toronto condos. Built in 2015, this building is the second part of a 2 tower development, and is slightly larger than its sister tower; the stylish white exterior is a welcome change from most modern glass towers, giving the building an established appearance despite its youth.
For buyers who love buildings with extensive extras — you’re bound to be pleased; as a resident of this building you get access to a fitness centre, sauna, yoga studio, basketball courts, squash court, media room, party room, shared rooftop patio, visitor lounge, billiards room, concierge, security guard, and parking garage… take a breath.
With its great location and a wealth of amenities, this building is perfect for first time home buyers, couples, and professionals who want a condo near to the heart of the action, at an affordable price point.
The Suites
55 Regent Park Boulevard was developed by the Daniels Corporation after the successful launch of One Park Place North Tower; the suites found in this building are larger than those found in its counterpart — ranging from 336 square feet for a studio to 1547 for a 3 bedroom + den.
Within these open concept suites, you’ll encounter 9 foot ceilings, floor to ceiling windows, European style kitchens with stainless steel appliances and quartz countertops, and private balconies; some units have hardwood flooring, while others have wood laminate. One definite benefit to this neighbourhood is that Regent Park Condos for sale are generally more affordable than in neighbourhoods to the west in the downtown core.
For residents who love to entertain, there’s visitor parking and guest suites available, so your friends and family will always feel welcome. And if modern amenities and desirable suites aren’t enough to sway you, then perhaps the exciting neighbourhood located just beyond the lobby doors will peak your interest.
The Neighbourhood
Located on the edge of downtown near Toronto's east end and the Don Valley Parkway, Regent Park was once considered a transitional neighbourhood, with a somewhat poor reputation. However, in recent years this area has become quite desirable, which is why sleek developments like One Park Place South Tower are appearing throughout the neighbourhood.
As a resident of 55 Regent Park Blvd, you’re only steps from a morning coffee at Tim Hortons; if you’re a coffee aficionado, you can find a great espresso within walking distance at Sumach Espresso, Red Line Coffee, and Odin Cafe + Bar.
For dining, Paintbox Bistro is just around the corner on Dundas. On Parliament you’ll encounter great restaurants like Sukhothai, Quincy's Afro-
Kitchen and Bar, Sultan of Samosas, Halal Noor Pizza, and Figs Breakfast Lunch. Should you desire a more diverse selection, you can catch a bus on Parliament and head to the Distillery District for Archeo, El Catrin, Cluny Bistro & Boulangerie, Mill St. Brew Pub, and more.
Beyond dining out, there’s plenty to keep you occupied nearby — concert goers can check out the latest up and comers at Phoenix Concert Theatre or Massey Hall. If it’s a lively night on the town that you’re after, you’re just a short streetcar ride from clubs and pubs on Church Street and Yonge. Those who prefer recreational activities, have Pam McConnell Aquatic Centre and Regent Park Athletic Grounds just minutes away.
Transportation
Boasting a smiley face sticker worthy 91 Walk Score, 55 Regent Park Blvd is the perfect location for those who prefer to run errands with two feet and a heartbeat — shoes are also required. There’s a Shoppers Drug Mart on the ground floor of the building, and a Fresh Co. only minutes to the west, so even groceries are easy here.
Public transit users have streetcars on Dundas just steps from their lobby doors — and if you need to head to Union Station, it’s just a brief streetcar ride to Dundas Station for subway service.
Driver’s have a great starting point — you can head east on Dundas and you’ll be on the Don Valley Parkway in minutes; for the Gardiner Expressway, you can drive south on Sumach to Cherry for the nearest on-ramp.
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Price Increase: $100,000 (Oct 24)
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Demographics
Based on the dissemination area as defined by Statistics Canada. A dissemination area contains, on average, approximately 200 – 400 households.
Price Trends
Maintenance Fees
Building Trends At One Park Place South Tower
Days on Strata
List vs Selling Price
Offer Competition
Turnover of Units
Property Value
Price Ranking
Sold Units
Rented Units
Best Value Rank
Appreciation Rank
Rental Yield
High Demand
Transaction Insights at 55 Regent Park Boulevard
Studio | 1 Bed | 1 Bed + Den | 2 Bed | 2 Bed + Den | 3 Bed | 3 Bed + Den | |
---|---|---|---|---|---|---|---|
Price Range | $410,000 | $515,500 - $535,000 | $570,000 - $678,000 | $716,000 - $775,000 | $1,025,000 | No Data | No Data |
Avg. Cost Per Sqft | $1,151 | $954 | $981 | $896 | $772 | No Data | No Data |
Price Range | $1,795 - $2,100 | $1,900 - $2,200 | $2,250 - $2,650 | $2,800 - $3,200 | No Data | No Data | No Data |
Avg. Wait for Unit Availability | 107 Days | 87 Days | 34 Days | 60 Days | 186 Days | 110 Days | 758 Days |
Avg. Wait for Unit Availability | 29 Days | 43 Days | 22 Days | 33 Days | 322 Days | No Data | 1543 Days |
Ratio of Units in Building | 16% | 17% | 39% | 18% | 9% | 1% | 2% |
Unit Sales vs Inventory
Total number of units listed and sold in Regent Park