55 Ontario St 2502

FOR SALE
$1,599,900
55 Ontario St 2502, Downtown Toronto
55 Ontario St 2502
55 Ontario St 2502
55 Ontario St 2502
55 Ontario St 2502
55 Ontario St 2502
55 Ontario St 2502
55 Ontario St 2502
55 Ontario St 2502
55 Ontario St 2502
55 Ontario St 2502
55 Ontario St 2502
55 Ontario St 2502
55 Ontario St 2502
55 Ontario St 2502
55 Ontario St 2502
55 Ontario St 2502
55 Ontario St 2502
55 Ontario St 2502
55 Ontario St 2502
55 Ontario St 2502
55 Ontario St 2502
55 Ontario St 2502
55 Ontario St 2502
55 Ontario St 2502
55 Ontario St 2502
55 Ontario St 2502
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2
BEDROOMS
2
BATHROOMS
1
KITCHENS
5
ROOMS
C11921066
MLSID
Contact Us
Property Description
Brand New, Never Lived In At East 55. Perfect Two Bedroom 1,331 Sq Ft. Floorplan With Soaring 9 Ft High Ceilings, Gas Cooking Inside, Gas Bbq Outlet On 1060 Sq Ft Terrace, Quartz Countertops, Ultra Modern Finishes. Ultra Chic Building with Great Outdoor Pool, Gym, Party Room & Visitor Parking.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2024-10-04 2024-12-19 76 $1,599,900 - Terminated
2024-05-07 2024-07-09 63 $1,649,900 - Terminated
2023-04-24 2023-06-12 49 $1,899,900 - Terminated
2021-10-13 2021-12-23 71 $1,949,900 - Terminated
Extras
Stainless Steel (Gas Cooktop, Fridge, Built-In Oven, Built-In Microwave), Stacked Washer And Dryer, Gas Bbq Outlet On Terrace. Includes Parking And Locker! Actual finishes and furnishings in unit may differ from those shown in photos.
Property Features
Public Transit
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$6,895 (2024)
Basement
None
Exterior
Brick
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
Room Summary
RoomLevelSizeFeatures
LivingGround10.99' x 37.73'Combined W/Dining, Hardwood Floor, W/O To Terrace
DiningGround10.99' x 37.73'Combined W/Living, Hardwood Floor, W/O To Terrace
KitchenGround10.99' x 37.73'Open Concept, Hardwood Floor, Stainless Steel Appl
Prim BdrmGround10.99' x 13.39'W/I Closet, Hardwood Floor, Ensuite Bath
BrGround13.75' x 9.97'Large Closet, Hardwood Floor
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Ontario St 2502 is a 2-bedroom 2-bathroom condo listed for sale at $1,599,900, which is $861,148 (116.6%) higher than the average sold price of $738,752 in the last 30 days (December 18 - January 16). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $17,317 (2.3%) compared to the previous 30 day period (November 18 - December 17) and down $22,193 (2.9%) from the same time one year ago.
Inventory Change
There were 743 2-bedroom condos listed in Downtown Toronto over the last 30 days (December 18 - January 16), which is down 9.7% compared with the previous 30 day period (November 18 - December 17) and up 40.2% compared with the same period last year.
Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($21,527) (2.9%) below asking price over the last 30 days (December 18 - January 16), which represents a $3,923 decrease compared to the previous 30 day period (November 18 - December 17) and ($22,364) 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 2-bedroom condos in Downtown Toronto over the last 30 days (December 18 - January 16) stood at 39.3%, down from 60.3% over the previous 30 days (November 18 - December 17) and down from 51.7% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom condo in Downtown Toronto stood at 42 days when successfully sold over the last 30 days (December 18 - January 16), compared to 79 days before being removed from the market upon being suspended or terminated.
Listing contracted with Brad J. Lamb Realty 2016 Inc.
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