55 Ontario St 310

FOR SALE
$679,000
55 Ontario St 310, Downtown Toronto
55 Ontario St 310
55 Ontario St 310
55 Ontario St 310
55 Ontario St 310
55 Ontario St 310
55 Ontario St 310
55 Ontario St 310
55 Ontario St 310
55 Ontario St 310
55 Ontario St 310
55 Ontario St 310
55 Ontario St 310
55 Ontario St 310
55 Ontario St 310
55 Ontario St 310
55 Ontario St 310
55 Ontario St 310
55 Ontario St 310
55 Ontario St 310
55 Ontario St 310
55 Ontario St 310
55 Ontario St 310
55 Ontario St 310
55 Ontario St 310
55 Ontario St 310
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
C11973845
MLSID
Contact Us
Property Description
This ultramodern 1+den in Toronto's lower East side is packed with upgrades with new paint and flooring throughout! Open concept with exposed concrete ceilings and feature walls for a lofty vibe. Sleek kitchen with dark cabinetry, integrated stainless steel appliances, subway tile backsplash, stone counters and centre island with waterfall edge and breakfast bar. The bright and airy primary bedroom has a large closet for ample storage and a frosted glass entry sliding door. The 4 pc bath showcases an upgraded dark tile surround. Separate den for office or extra living space. Enjoy an expansive full-length 6 ft deep balcony equipped with gas BBQ line. Amenities include a rooftop deck with skyline views, an outdoor infinity pool, party room, gym, concierge and visitor parking. Experience nearby dining, shopping, parks, and entertainment, with a walk and bike score of 99 and a perfect transit score of 100. Ideally located near the DVP and Gardiner.
Listing History
List Date End Date Days Listed List Price Sold Price Status
2020-12-13 2021-02-22 71 $2,000 $2,000 Leased
Property Details
Community
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,654 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Type
Heat Pump
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Underground
Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Ontario St 310 is a 1-bedroom 1-bathroom condo listed for sale at $679,000, which is $121,890 (21.9%) 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 Rare Real Estate
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