55 Ontario St 1509
Moss Park, Downtown Toronto, M5A 0T8
FOR SALE
$689,000

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Property Description
Welcome to East 55 Condos, where modern design meets urban convenience. This beautiful one-bedroom + den corner suite + one car parking offers the perfect blend of style and functionalityideal for professionals, couples, or anyone craving a vibrant city lifestyle. The open-concept layout is bathed in natural light, thanks to floor-to-ceiling windows, while the modern kitchen boasts sleek cabinetry, stone countertops, and an integrated cooktop. The private, versatile den is perfect for a home office, studio, or guest room, offering an impressive city landscape. Step onto your personal balcony, complete with a rare BBQ gas line and unobstructed sunset views, for seamless indoor-outdoor living. Residents of the building enjoy exceptional amenities, including a private club room, a plunge pool on a skyline terrace, a rooftop deck, party room, equipped gym, concierge, visitor parking, and guest suites. Located just a short walk from St. Lawrence Market, the Distillery District, top restaurants and shops, this condo offers the ultimate downtown living experience, with transit, parks, and entertainment at your doorstep. Dont miss this opportunity to call East 55 your home!
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Property Features
Arts Centre, Hospital, Library, Park, Place Of Worship, Public Transit
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Property Details
Street
Community
City
Property Type
Condo Apt
Approximate Sq.Ft.
600-699
Taxes
$3,433 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Elevator
Yes
Parking 1
Owned (P4)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Flat | 27.99' x 9.84' | |
Prim Bdrm | Flat | 11.15' x 8.99' | |
Kitchen | Flat | 29.92' x 10.83' | |
Den | Flat | 8.23' x 8.99' | |
Bathroom | Flat | 3.51' x 8.30' | 4 Pc Bath |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Ontario St 1509 is a 1-bedroom 1-bathroom condo listed for sale at $689,000, which is $131,890 (23.7%) higher than the average sold price of $557,110 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $9,987 (1.8%) compared to the previous 30 day period (December 22 - January 20) and down $41,565 (6.9%) from the same time one year ago.Inventory Change
There were 1,341 1-bedroom condos listed in Downtown Toronto over the last 30 days (January 21 - February 19), which is up 45.3% compared with the previous 30 day period (December 22 - January 20) and up 22.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($14,696) (2.6%) below asking price over the last 30 days (January 21 - February 19), which represents a $1,782 decrease compared to the previous 30 day period (December 22 - January 20) and ($10,118) less than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Downtown Toronto over the last 30 days (January 21 - February 19) stood at 24.7%, down from 31.5% over the previous 30 days (December 22 - January 20) and down from 49.1% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Downtown Toronto stood at 33 days when successfully sold over the last 30 days (January 21 - February 19), compared to 67 days before being removed from the market upon being suspended or terminated.Listing contracted with Coldwell Banker Community Professionals
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