55 Ontario St 505
Moss Park, Downtown Toronto, M5A 0T8
FOR SALE
$749,998
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Property Description
752sqft Luxury 2 bed 1 bath corner unit w/ an unobstructed south view. it boasts 9ft ceilings,high-end finishes w/ upgraded lighting, b/I custom closet in primary bedroom, motorized blinds,glass shower doors, 102 sqft balcony with gas BBQ & much more! 24 hr security, Outdoor pool, gym,walking distance to George brown, St. Lawrence Market, TTC, Hwy 404, future Corktown stn, shoppingand distillery district.
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Listing History
| List Date | End Date | Days Listed | List Price | Sold Price | Status |
|---|---|---|---|---|---|
| 2024-04-09 | 2024-08-09 | 122 | $827,200 | - | Expired |
| 2023-08-02 | 2024-01-15 | 166 | $767,000 | - | Expired |
| 2022-12-22 | 2023-01-04 | 13 | $3,250 | $3,300 | Leased |
| 2022-10-06 | 2022-12-08 | 63 | $929,998 | - | Terminated |
Extras
Stainless Steel (Gas Cooktop, Fridge, B/I Oven, B/I Microwave), full size Stacked Washer And Dryer,Gas Bbq Outlet On Balcony. parking spot and locker on p2. *SECOND BEDROOM can be converted back toa den/office for an open concept design.
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Taxes
$3,687 (2023)
Basement
None
Exterior
Concrete
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 | Flat | 13.98' x 10.01' | Combined W/Dining, W/O To Balcony, Hardwood Floor |
| Dining | Flat | 13.98' x 10.01' | Combined W/Living, W/O To Balcony, Hardwood Floor |
| Kitchen | Flat | 16.01' x 10.01' | Stainless Steel Appl, Quartz Counter, Modern Kitchen |
| Prim Bdrm | Flat | 14.34' x 8.56' | B/I Closet, Large Closet, Large Window |
| 2nd Br | Flat | 9.58' x 8.56' | Glass Doors, Open Concept, Hardwood Floor |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Ontario St 505 is a 2-bedroom 1-bathroom condo listed for sale at $749,998, which is $20,041 (2.6%) lower than the average sold price of $770,039 in the last 30 days (August 16 - September 14). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $17,913 (2.3%) compared to the previous 30 day period (July 17 - August 15) and down $13,617 (1.7%) from the same time one year ago.Inventory Change
There were 1,378 2-bedroom condos listed in Downtown Toronto over the last 30 days (August 16 - September 14), which is up 20.9% compared with the previous 30 day period (July 17 - August 15) and up 0.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($16,377) (2.1%) below asking price over the last 30 days (August 16 - September 14), which represents a $4,729 increase compared to the previous 30 day period (July 17 - August 15) and ($11,745) 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 (August 16 - September 14) stood at 30.8%, down from 41.8% over the previous 30 days (July 17 - August 15) and down from 33.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Downtown Toronto stood at 31 days when successfully sold over the last 30 days (August 16 - September 14), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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