55 Ontario St 1903
Moss Park, Downtown Toronto, M5A 0T8
FOR SALE
$739,000
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BEDROOMS1
BATHROOMS1
KITCHENS4
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Property Description
Stunning sophisticated corner suite with floor to ceiling windows offering unobstructed view and natural light. Spacious one bedroom plus den open concept boasting 10 ft. ceilings. Features breakfast bar along with numerous upgrades throughout. Full 120 sq. ft. balcony with BBQ hookup (BBQ included). Downtowns King East vibrant neighbourhood with a walk score of 99. Amongst upscale restaurants, shops, nightlife and galleries. Steps away from TTC, Distillery District, St. Lawrence Market, George Brown College and Financial District. Minutes away for easy commuting to DVP and Gardiner Expressway. One Parking Spot and Locker Owned. Must see Virtual Tour.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-10-21 | 2024-11-19 | 29 | $739,000 | - | Terminated |
Extras
Fridge, stove, stovetop, dishwasher, full size washer and dryer, custom blinds throughout, custom closet drawers, all electric light fixtures. Building offers excellent amenities, 24 hour concierge/security, gym, outdoor pool and party room
Property Features
Arts Centre, Hospital, Lake/Pond, Place Of Worship, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,433 (2024)
Basement
None
Exterior
Brick
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (C)
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Main | 9.09' x 12.80' | Ne View, W/O To Balcony, Combined W/Dining |
| Kitchen | Main | 10.89' x 14.37' | Breakfast Bar, Stainless Steel Appl, Backsplash |
| Prim Bdrm | Main | 9.38' x 10.10' | Window, Closet, B/I Shelves |
| Den | Main | 6.00' x 8.01' | Laminate |
| Bathroom | Main | 5.68' x 7.51' | 4 Pc Bath, Tile Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Ontario St 1903 is a 1-bedroom 1-bathroom condo listed for sale at $739,000, which is $169,764 (29.8%) higher than the average sold price of $569,236 in the last 30 days (October 21 - November 19). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto declined by $1,563 (0.3%) compared to the previous 30 day period (September 21 - October 20) and down $22,277 (3.8%) from the same time one year ago.Inventory Change
There were 1,261 1-bedroom condos listed in Downtown Toronto over the last 30 days (October 21 - November 19), which is down 7.8% compared with the previous 30 day period (September 21 - October 20) and up 2.3% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($10,859) (1.9%) below asking price over the last 30 days (October 21 - November 19), which represents a $855 increase compared to the previous 30 day period (September 21 - October 20) and ($13,197) more 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 (October 21 - November 19) stood at 49.5%, up from 37.0% over the previous 30 days (September 21 - October 20) and up from 31.6% 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 32 days when successfully sold over the last 30 days (October 21 - November 19), compared to 64 days before being removed from the market upon being suspended or terminated.Listing contracted with Sutton Group-Heritage Realty Inc.
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