55 Stewart St PH 1029
Waterfront Communities C1, Downtown Toronto, M5V 2V1
FOR SALE
$1,899,000
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2 + 1
BEDROOMS2
BATHROOMS1
KITCHENS6
ROOMSC11946537
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Property Description
Experience unparalleled luxury living in this impeccably designed 1,418 sq. ft. south-facing penthouse suite at the prestigious 1 Hotel Residences, in the heart of King West. Bathed in natural sunlight, this urban oasis features soaring 10.5 ft exposed concrete ceilings, an expansive open-concept layout perfect for entertaining, and the buildings only gas fireplace. The chefs kitchen is a culinary masterpiece with premium Wolf, SubZero, and Miele appliances, quartz countertops, a glass backsplash, and elegant high-end cabinetry. The spacious primary suite boasts a large custom walk-in closet, an additional generous closet, and a spa-inspired 5 piece ensuite with textured ceramics, a double quartz vessel sink vanity, frameless glass shower, and a separate soaker tub. The grand second bedroom offers ample storage and access to a dual entry 4-piece guest bathroom, while the versatile den serves perfectly as a third bedroom or home office. Entirely automated with Control4, this suite blends style and functionality seamlessly. The expansive terrace, free from overhangs, offers unobstructed views of Victoria Memorial Park, a gas BBQ line, and the ultimate outdoor living experience. Completing this one-of-a-kind home are two dedicated parking spaces, three oversized lockers, and three TVs. Exclusive access to 1 Hotels world-class amenities makes this residence a perfect fusion of sophistication, comfort, and convenience in one of Toronto's most coveted neighbourhoods. For more information please visit: https://www.55stewartph1029.com/unbranded
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Extras
Wolf Stainless Steel Dual Fuel Range, Wolf Stainless Steel Microwave, Wolf Stainless Steel Range Hood, SubZero 36" Stainless Steel French Door Refrigerator With Ice Maker and Filtered Water Dispenser, Miele Stainless Steel Dishwasher.
Nearby Intersections
Property Features
Clear View, Park, Public Transit, School
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Property Details
Street
Community
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
1400-1599
Taxes
$6,988 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
21
Parking 1
Owned (Level B Unit 14)
Parking 2
Owned (Level B Unit 14)
Garage Type
Underground
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 16.11' x 21.82' | Fireplace, W/O To Balcony, O/Looks Park |
Dining | Main | 16.11' x 21.82' | Combined W/Living, South View, Hardwood Floor |
Kitchen | Main | 16.11' x 21.82' | Stainless Steel Appl, Centre Island, Hardwood Floor |
Prim Bdrm | Main | 12.11' x 15.62' | 5 Pc Ensuite, W/I Closet, Hardwood Floor |
2nd Br | Main | 12.11' x 13.81' | 4 Pc Bath, W/I Closet, W/O To Balcony |
Den | Main | 9.32' x 11.22' | Hardwood Floor, 4 Pc Bath |
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Downtown Toronto Market Statistics
Downtown Toronto Price Trend
55 Stewart St PH 1029 is a 2-bedroom 2-bathroom condo listed for sale at $1,899,000, which is $1,167,315 (159.5%) higher than the average sold price of $731,685 in the last 30 days (December 19 - January 17). During the last 30 days the average sold price for a 2 bedroom condo in Downtown Toronto declined by $22,246 (3.0%) compared to the previous 30 day period (November 19 - December 18) and down $30,320 (4.0%) from the same time one year ago.Inventory Change
There were 779 2-bedroom condos listed in Downtown Toronto over the last 30 days (December 19 - January 17), which is down 6.4% compared with the previous 30 day period (November 19 - December 18) and up 35.7% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Downtown Toronto typically sold ($21,191) (2.9%) below asking price over the last 30 days (December 19 - January 17), which represents a $4,232 decrease compared to the previous 30 day period (November 19 - December 18) and ($20,965) 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 (December 19 - January 17) stood at 38.0%, down from 58.2% over the previous 30 days (November 19 - December 18) and down from 48.1% 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 40 days when successfully sold over the last 30 days (December 19 - January 17), compared to 79 days before being removed from the market upon being suspended or terminated.Listing contracted with Re/Max Hallmark Realty Ltd.
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