55 Ontario St 2502
Moss Park, Downtown Toronto, M5A 0T8
FOR SALE
$1,649,900
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BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSC8315346
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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 Will Have Great Outdoor Pool, Gym, Party Room & Visitor Parking.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 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
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1200-1399
Taxes
$6,485 (2023)
Basement
None
Exterior
Brick
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Underground
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Living | Ground | 10.99' x 37.73' | Combined W/Dining, Hardwood Floor, W/O To Terrace |
| Dining | Ground | 10.99' x 37.73' | Combined W/Living, Hardwood Floor, W/O To Terrace |
| Kitchen | Ground | 10.99' x 37.73' | Open Concept, Hardwood Floor, Stainless Steel Appl |
| Prim Bdrm | Ground | 10.99' x 13.39' | W/I Closet, Hardwood Floor, Ensuite Bath |
| Br | Ground | 13.75' x 9.97' | Large Closet, Hardwood Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Ontario St 2502 is a 2-bedroom 2-bathroom condo listed for sale at $1,649,900, which is $818,195 (98.4%) higher than the average sold price of $831,705 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto increased by $33,007 (4.1%) compared to the previous 30 day period (March 15 - April 13) and up $1,143 (0.1%) from the same time one year ago.Inventory Change
There were 1,810 2-bedroom condos listed in Downtown Toronto over the last 30 days (April 14 - May 13), which is up 69.5% compared with the previous 30 day period (March 15 - April 13) and up 53.9% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($13,848) (1.7%) below asking price over the last 30 days (April 14 - May 13), which represents a $4,233 decrease compared to the previous 30 day period (March 15 - April 13) and ($5,131) 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 2-bedroom condos in Downtown Toronto over the last 30 days (April 14 - May 13) stood at 33.1%, down from 63.4% over the previous 30 days (March 15 - April 13) and down from 65.6% 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 25 days when successfully sold over the last 30 days (April 14 - May 13), compared to 47 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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