55 Ontario St 2207
Moss Park, Downtown Toronto, M5A 0T8
FOR SALE
$610,000
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BEDROOMS1
BATHROOMS1
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Property Description
Bright and sophisticated 1-Bedroom + Den, ideal for a home office, with stunning unobstructed south-facing views and rare 10 ft concrete ceilings! Featuring luxury finishes throughout, including hardwood floors, a sleek modern kitchen with stainless steel appliances, stone countertops, and a gas cooktop. The spa-like bathroom boasts elegant marble flooring and shower walls, completing this chic urban retreat. Balcony Has Gas Hookup For Bbq. Walking Distance To Transit, Restaurants, Cafes, St. Lawrence Market, King Streetcars, George Brown College, Etc. Easy Access To Hwy.
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2022-07-18 | 2022-07-28 | 10 | $2,500 | $2,500 | Leased |
2021-02-09 | 2021-02-13 | 4 | $1,750 | $1,750 | Leased |
Extras
Bldg Amenities Include Concierge, Large Rooftop Terrace, Outdoor Pool, Gym, Party Rm.
Property Features
Hospital, Library, Park, Public Transit, Rec Centre, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
500-599
Taxes
$2,117 (2024)
Basement
None
Exterior
Brick Front, Concrete
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Flat | 10.50' x 21.33' | Hardwood Floor, South View, W/O To Balcony |
Dining | Flat | 10.50' x 21.33' | Hardwood Floor, Combined W/Living, Open Concept |
Kitchen | Flat | 10.50' x 21.33' | Hardwood Floor, Stainless Steel Appl, Stone Counter |
Prim Bdrm | Flat | 9.58' x 9.84' | Hardwood Floor, Double Closet, Window Flr to Ceil |
Den | Flat | 3.28' x 7.81' | Hardwood Floor, Closet |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Ontario St 2207 is a 1-bedroom 1-bathroom condo listed for sale at $610,000, which is $46,310 (8.2%) higher than the average sold price of $563,690 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 1 bedroom condo in Downtown Toronto increased by $430 (0.1%) compared to the previous 30 day period (November 19 - December 18) and down $16,899 (2.9%) from the same time one year ago.Inventory Change
There were 894 1-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is down 1.4% compared with the previous 30 day period (November 19 - December 18) and up 39.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Downtown Toronto typically sold ($13,252) (2.4%) below asking price over the last 30 days (December 19 - January 17), which represents a $1,023 decrease compared to the previous 30 day period (November 19 - December 18) and ($15,187) 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 (December 19 - January 17) stood at 38.0%, down from 53.5% over the previous 30 days (November 19 - December 18) and down from 54.6% 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 43 days when successfully sold over the last 30 days (December 19 - January 17), compared to 80 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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